Press Releases
March 29, 2023
Spring Forward with Canopy Growth’s Portfolio of Cannabis Beverages
Canopy Growth introduces 6 new beverage flavours – including Deep Space Propulsion – Canada’s first ever cannabis beverage with naturally occurring caffeine. Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, announced today, the introduction of Canada’s first-to-market cannabis infused beverage with naturally occurring caffeine under the Deep Space brand. Canopy is also launching four new flavours under the Tweed brand for springtime enjoyment. “Consumers can enjoy an extra spring in their step with the introduction of Deep Space Propulsion – a first of its kind cannabis beverages…
February 21, 2023
Canopy Growth Announces US $150 Million Registered Direct Offering
SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into an agreement (the “Agreement”) with an institutional investor (the “Institutional Investor”) for the purchase and sale of up to US$150,000,000 aggregate principal amount of senior unsecured convertible debentures (the “Convertible Debentures”). Pursuant to the terms of the Agreement, the Institutional Investor purchased an initial US$100,000,000 of the Convertible Debentures and an additional US$50,000,000 of the Convertible Debentures will be purchased in the event that certain conditions outlined in the Indenture (as defined below) are satisfied or waived.…
February 9, 2023
Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Canadian Business Transformation Plan
Canopy Growth Reports Third Quarter Fiscal Year 2023 Financial Results and Announces Canadian Business Transformation Plan Company takes firm actions to transform Canadian business to enable growth and profitability Announces cost reduction program of additional $140-$160 million to be realized over the next 12 months Restructuring includes significant reduction in production footprint and headcount SMITHS FALLS, ON, February 9, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (NASDAQ: CGC) today announces its financial results for the third quarter ended December 31, 2022. Canopy Growth is also announcing significant changes to the Company’s Canadian cannabis business. All…
January 19, 2023
Canopy Growth to Report Third Quarter Fiscal 2023 Financial Results on February 9, 2023
Smiths Falls, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the third quarter fiscal year 2023 ended December 31, 2022 before financial markets open on February 9, 2023. Following the release of its third quarter fiscal year 2023 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on February 9, 2023, at 10:00 AM Eastern Time. Shareholders can submit questions starting on February 2, 2023, at 10:00 AM ET by visiting: https://app.saytechnologies.com/canopy-growth-corporation-2023-q3. The platform will close on February 8, 2023, at 10:00…
January 11, 2023
BioSteel Cements Its Position as Sports Hydration Drink of the Ice and Becomes Official Sports Hydration Partner of Six National Hockey League Franchises
New Official Hydration Partner of the NHL Signs Multi-Year Team Partnerships with Anaheim Ducks, Carolina Hurricanes, Chicago Blackhawks, Columbus Blue Jackets, Pittsburgh Penguins, and Tampa Bay Lightning NEW YORK – January 11, 2023 – BioSteel Sports Nutrition Inc. (“BioSteel”) today announced a series of multi-year partnerships that expand its growing presence in the National Hockey League (NHL®) and name the brand the new Official Sports Hydration Partner of six franchises: the Anaheim Ducks, Carolina Hurricanes, Chicago Blackhawks, Columbus Blue Jackets, Pittsburgh Penguins and Tampa Bay Lightning. Each team is hosting tailored activations this season to enhance and spotlight the brand’s…
January 3, 2023
Canopy Growth Completes Divestiture of Canadian Retail Operations
Transaction supports the Company’s focus on achieving profitability through streamlined operations in Canada Smiths Falls, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis (“OEGRC”) and 420 Investments Ltd. (“FOUR20”) to divest its retail business across Canada, which includes the stores operating under the Tweed and Tokyo Smoke retail banners. “The divestiture of our Canadian retail business marks an important step forward on our path to profitability and furthers Canopy Growth’s focus on generating revenue growth in the Canadian market,” said…
December 12, 2022
BioSteel Named the Official Hydration Partner of F45 Training
As brand’s global footprint continues to expand, partnership will bring Clean. Healthy. Hydration.™ to F45 Locations globally New York, NY – December 12, 2022 – Today, BioSteel Sports Nutrition Inc. (“BioSteel”) and global fitness franchisor F45 Training Holdings Inc (NYSE: FXLV) (“F45”) announced a new partnership naming BioSteel the exclusive hydration partner for F45 fitness studios globally. Through the partnership, BioSteel will introduce its Clean. Healthy. Hydration.™ products to F45 members directly in-studio, where a zero-sugar hydration routine can help get the most out of a workout. BioSteel branding as well as BioSteel sports hydration drinks in various flavors will…
December 9, 2022
Canopy Growth to Ring Nasdaq Opening Bell
SMITHS FALLS, ONTARIO (December 9, 2022) – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announced that Chief Executive Officer David Klein and other Canopy Growth team members will ring the Nasdaq opening bell on Monday, December 12, 2022. “We are proud to be a Nasdaq-listed company, and our team is honored to be ringing the opening bell. This is an exciting time for Canopy Growth as we take important steps to realize our goal of building a leading North American cannabis company. We appreciate the continued support of all of our stakeholders as we…
November 1, 2022
BioSteel Doubles Down on Hydrating the Next Generation, Signs Four Elite Women’s Hockey Players
Laila Edwards, Sarah Fillier, Calla Frank, Jade Iginla join #TeamBioSteel, expanding the brand’s roster of elite athletes prioritizing Clean. Healthy. Hydration.™ NEW YORK – November 1, 2022 – BioSteel Sports Nutrition Inc. (“BioSteel”) today announced an expansion of its dedication to hydrating the next generation, signing Laila Edwards, Sarah Fillier, Calla Frank, and Jade Iginla, four elite hockey players who play on their respective national teams and represent the next generation of athletes supporting their fitness on and off the ice with Clean. Healthy. Hydration.™ The four new #TeamBioSteel athletes intend to promote the brand at events and on social…
October 27, 2022
Canopy Growth to Report Second Quarter Fiscal 2023 Financial Results on November 9, 2022
Smiths Falls, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the second quarter fiscal year 2023 ended September 30, 2022 before financial markets open on November 9, 2022. Following the release of its second quarter fiscal year 2023 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on November 9, 2022, at 10:00 AM Eastern Time. Shareholders can submit questions starting on November 2, 2022, at 10:00 AM ET by visiting: https://app.saytechnologies.com/canopy-growth-corporation-2023-q2. The platform will close on November 8, 2022, at 10:00 AM ET.…