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Canopy Growth Corp Says Implementing Initiatives To Capture $150-$200 Million Of Savings Across Our Cost Structure
Canopy Growth Launches A New Line Of Premium CBD-Infused Beverages
Canopy Growth To Move U.S. Stock Exchange Listing To Nasdaq
Canopy Growth Corp, formerly Tweed Marijuana Inc, is a Canada-based multi-brand cannabis company. The Company, through its subsidiaries Tweed Inc, Bedrocan Canada Inc, Tweed Farms Inc and Mettrum Health Corp is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed is a licensed producer of medical marijuana. Tweed's commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year. Tweed's built-out production capacity is over 10 climate controlled indoor growing rooms. Bedrocan is a medical-grade cannabis. Bedrocan's over 52,000 square feet production facility in Toronto, Ontario is licensed, and includes over 30 vegetative and growing rooms, and over three dispensing rooms.
Biotechnology & Drugs
1 Hershey Dr
SMITHS FALLS, ON
Judy A. Schmeling
Independent Chairman of the Board
Rade Nikola Kovacevic
President & Chief Product Officer
David Eric Klein
Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
Senior Vice President and Chief Science Officer
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Canopy Growth Corp's chief David Klein expects the world's largest pot producer to become profitable in fiscal 2022, after years of booking massive losses, pushing its shares to their highest in over a year.
Canopy Growth Corp on Monday reported a smaller core loss in the second quarter, as the world's largest pot producer benefited from cost cuts and more people turning to cannabis to cope with coronavirus-related lockdowns.
Canadian pot producer Canopy Growth Corp <WEED.TO> on Thursday launched a cannabidiol-infused beverage line in the country, betting on sustained demand for cannabis drinks that gained popularity during coronavirus-led lockdowns.
Canadian pot producer Canopy Growth Corp on Thursday launched its first cannabidiol (CBD) infused beverage line in Canada, banking on continued demand for cannabis drinks which have gained popularity during coronavirus-related lockdowns.
Canadian pot producer Canopy Growth Corp <WEED.TO> <CGC.N> said on Tuesday it would move its U.S. stock listing to the Nasdaq, following rival Aphria Inc <APHA.TO> <APHA.O> in favoring the exchange's "cost-effectiveness".
Canadian pot producer Canopy Growth Corp said on Tuesday it would move its U.S. stock listing to the Nasdaq from the New York Stock Exchange, a move it expects will help save costs.
Bruce Linton-led Gage Cannabis Co plans to list on the Canadian stock market in the first quarter of 2021, its president told Reuters, as the U.S.-based dispensary operator looks to capitalize on strong demand for weed during lockdowns.
Canadian pot firm Canopy Growth Corp and Acreage Holdings Inc plan to launch the former's cannabis-infused beverages in the United States next summer, the companies said on Thursday.
Canada's Canopy Growth Corp reported a smaller-than-expected quarterly loss on Monday, as it cut costs and sales of its cannabis products to Americans and Canadians stuck at home surged, sending the pot producer's U.S.-listed shares 11% higher. Cannabis demand across companies...
Canadian pot producer Canopy Growth Corp said on Monday its quarterly loss narrowed from a year earlier, as restructuring helped rein in costs and coronavirus-related lockdowns lifted demand for cannabis products.
* CANOPY GROWTH & ACREAGE HOLDINGS AGREE TO MODIFY PLAN OF ARRANGEMENT AS CANOPY GROWTH'S U.S. EXPANSION CONTINUES
Pot producer Canopy Growth Corp on Friday reported a bigger loss for the fourth quarter, hit by non-cash charges of C$743 million related to its recent restructuring actions and impairment of some assets.
* CANOPY GROWTH REPORTS FULL YEAR AND 4TH QUARTER FISCAL 2020 FINANCIAL RESULTS; PROVIDES STRATEGIC REVIEW UPDATE
Pot producer Canopy Growth Corp on Friday reported a bigger loss for the fourth quarter, hit by non-cash impairment and restructuring-related charges of C$743 million.
* CANOPY GROWTH CORP - TWO OF CO'S CANNABIS-INFUSED BEVERAGES SHIPPED IN MARCH AND APRIL Source text for Eikon: Further company coverage:
Corona beer maker Constellation Brands Inc's <STZ.N> subsidiary has exercised warrants to buy shares of Canopy Growth Corp <WEED.TO>, increasing its stake to 38.6% in the Canadian marijuana producer.
* CONSTELLATION BRANDS EXERCISES WARRANTS TO ACQUIRE SHARES IN CANOPY GROWTH, REINFORCING CONFIDENCE IN CANOPY GROWTH'S ABILITY TO WIN LONG-TERM IN EMERGING CANNABIS INDUSTRY
Canadian pot producer Canopy Growth Corp said on Wednesday it would lay off 200 employees in North America and the UK, according to an internal announcement seen by Reuters.
* CANOPY GROWTH CBD BRAND "FIRST & FREE" ADDS TOPICALS TO PRODUCT PORTFOLIO Source text for Eikon: Further company coverage:
Pot producer Canopy Growth Corp said on Thursday it plans to shut down its Canadian indoor facility in Yorkton, Saskatchewan, and also cut about 85 full-time positions.
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