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June 29, 2022
Canopy Growth Announces Exchanges with Holders of Approximately US$198 Million of Convertible Notes
SMITHS FALLS, ONTARIO (June 29, 2022) – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into privately negotiated exchange agreements (collectively, the “Exchange Agreements”) with a limited number of holders (the “Noteholders”), including Constellation Brands, Inc. (“CBI”) through its wholly-owned subsidiary Greenstar Canada Investment Limited Partnership (“GCILP”), of the Company’s outstanding 4.25% unsecured convertible senior notes due 2023 (the “Notes”), to acquire approximately C$255.4 million (approximately USD$198 million) aggregate principal amount of the Notes from the Noteholders (the “Transaction”) in exchange for common shares of the Company (the “Canopy Shares”)…
May 27, 2022
Canopy Growth Corporation Reports Fourth Quarter and Fiscal year 2022 Financial Results
View Full Release Here Company Advances Premium Brand Driven Strategy, Laying a Foundation for Long-Term Sustainable Growth and Profitability SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the fourth quarter and fiscal year ended March 31, 2022. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Highlights The Company progressed its leading North American brand driven strategy with Canopy Growth entering into plans to acquire Wana Brands, the #1 cannabis edibles brand in North America, and Jetty Extracts (“Jetty”), a…
May 20, 2022
Canopy Growth Kicks Off Summer Long Weekends with Exciting New Product Line-Up
Canadian cannabis market leader introduces new offerings across its house of brands – 7ACRES, Ace Valley, Deep Space and Doja SMITHS FALLS, ON, May 19, 2022 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today unveiled a line-up of new offerings across its premium brand portfolio – 7ACRES, Ace Valley, Deep Space and Doja. With select products releasing just in time for the first long weekend of the summer, including the release of its first large format premium flower offering for the recreational market, Doja 91K…
May 18, 2022
Canopy Growth Announces Plan to Acquire Jetty Extracts
Broadens Canopy Growth’s Portfolio of Premium Brands with Significant Opportunities to Scale Across North America SMITHS FALLS, ONTARIO and OAKLAND, CALIFORNIA (May 18, 2022) – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC) and Lemurian, Inc. (“Jetty”), a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, announced today that they have entered into definitive agreements (the “Agreements”) providing Canopy Growth, by way of a wholly-owned subsidiary (“Canopy Sub”), the right to acquire, upon federal permissibility of THC in the U.S. or earlier at Canopy Growth’s election, up to 100% of the outstanding…
May 13, 2022
Canopy Growth to Report Fourth Quarter and Fiscal Year 2022 Financial Results on May 27, 2022
Smiths Falls, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) will release its financial results for the fourth quarter and fiscal year 2022 ended March 31, 2022, before financial markets open on May 27, 2022. Following the release of its fourth quarter and fiscal year 2022 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO at 10:00 AM Eastern Time on May 27, 2022. Beginning this quarter, the Company will be using a question and answer platform developed by Say Technologies to enhance engagement with its shareholders, allowing verified retail and institutional shareholders to submit…
April 26, 2022
Canopy Growth Announces Cost Reduction Actions to Accelerate Path to Profitability
Strategic adjustments are expected to generate savings of $100 – $150 million within 12 – 18 months SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today announced that the Company is undertaking a series of initiatives to reduce costs and drive efficiency in order to accelerate its path to profitability. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Aligned to Canopy Growth’s FY23 strategic review, the Company is conducting the following actions: Reducing cost of goods sold (“COGS”)…
April 6, 2022
Canopy Growth Unveils Behind the Scenes Look at 7ACRES’ Premium Flower Production
“Know the Grow” educational series celebrates the plant, genetics, grow techniques and talent behind one of Canada’s top premium flower brands SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX:WEED) (NASDAQ:CGC), a world-leading diversified cannabis, hemp, and cannabis device company, is unveiling its 7ACRES Know the Grow content series, providing Canadians with an inside look at the talent, genetics and grow techniques behind the brand and flower portfolio. The ten-video series is broken into three chapters: the 7ACRES Kincardine Facility, Growing Techniques, and 7ACRES Craft Collective + Future Vision, with each episode diving into a different…
March 31, 2022
Canopy Growth Announces Leadership Appointments and Addition of Strategic Executive Resources
Appointments are part of Canopy’s commitment to accelerate growth, further leverage its relationship with Constellation Brands, and drive execution against strategic priorities heading into Fiscal Year ‘23 Canopy Growth Corporation (“Canopy” or “the Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, is pleased to announce the appointment of Judy Hong and Jonathan Di Tosto to its Executive Management Team, along with the creation of four new strategic roles within its Senior Leadership Team. Effective immediately, Judy Hong has been appointed as the Company’s Chief Financial Officer. With a proven financial and capital markets background…
March 29, 2022
Sergiño Dest Signs with BioSteel, Growing the Brand’s Roster of United States Soccer Stars
As a Newest Member of #TeamBioSteel, Dest Joins Superstar Athletes Prioritizing Clean. Healthy. Hydration. New York, NY – BioSteel Sports Nutrition Inc. (“BioSteel”) today announced its latest athlete partnership with Sergiño Dest, defender for the U.S. Men’s National Soccer Team (USMNT). Dest joins the brand’s team of elite athlete ambassadors that includes fellow soccer star Christen Press, as well as Patrick Mahomes and Luka Dončić. BioSteel is also an official sponsor of U.S. Soccer, which means players, including Dest, hydrate with BioSteel on the sidelines during National Team matches. As the newest member of #TeamBioSteel, he will have the continued support…
March 22, 2022
CANOPY GROWTH SHINES A LIGHT ON MENSTRUAL HEALTH THROUGH CBD EFFICACY STUDY
Study completed in collaboration with James Madison University reveals new ways to address menstrual-related symptoms with cannabis Smiths Falls, ON (March 22, 2022) – Canopy Growth Corporation’s (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) scientific research team has announced positive results from a six-month, randomized clinical trial studying the effects of cannabidiol (CBD) on menstrual-related symptoms. This study was conducted in collaboration with Dr. Jessica G. Irons and Morgan L. Ferretti at James Madison University in Harrisonburg, Virginia. Nearly 75% of reproductive-aged menstruating individuals report experiencing unpleasant menstrual-related symptoms, ranging from cramping and bloating to back pain and shifts in…
March 14, 2022
Martha Stewart CBD Expands Flavor Portfolio with Launch of New Tropical Medley CBD Wellness Gummies
New Gummy Flavors Alphonso Mango, Coconut and Pineapple Join the Existing Lineup of Best-Selling CBD Products, Now Featuring 20 Flavors of Gummies Across the Brand SMITHS FALLS, ON & NEW YORK, NY – Today, Martha Stewart CBD revealed the latest expansion and flavor innovation within its growing CBD portfolio – Tropical Medley CBD Wellness Gummies. The new product offering features three brand-new flavors inspired by the lush fruits of tropical destinations – Alphonso Mango, Coconut, and Pineapple. The new Martha Stewart CBD Tropical Medley Wellness Gummies were previewed by Martha Stewart at a Palm Beach event in February 2022, and…
March 7, 2022
Canopy Growth Heads to Expo West Bringing Lineup of CBD Products and Industry Panel to Show Attendees
Martha Stewart CBD and Quatreau will be on display March 8-12, 2022 at the show in Anaheim, CA NEW YORK, NY – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today their participation in Natural Products Expo West 2022. Serving as a Silver Sponsor of the Expo, Canopy Growth’s CBD brands, including Martha Stewart CBD and Quatreau, will be on display from March 8-12 in Anaheim, CA. Canopy Growth will also host an industry panel at the show on Thursday, March 10 titled Cannabis Evolution: The Latest Innovations and Trends in CBD and Wellness. With consumers…