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Canopy Growth provides update on 2.0 product rollout

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SMITHS FALLS, ON, Dec. 6, 2019 /CNW/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) officially revealed its Cannabis 2.0 portfolio of products last week, set to come to market as part of the second wave of Canadian cannabis commercialization. With December 16, 2019, being the first date new product formats can […]

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Canopy new generation of cannabis products won’t be on shelves until January

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SMITHS FALLS, Ont. — Canopy Growth Corp. says its new generation of cannabis-infused food and beverage products won’t be on store shelves until January in most markets. The Ontario-based company says it’s not allowed to sell its new product formats into distribution channels until Dec. 16 and it will roll out products in a staged fashion from then […]

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Canopy expects new pot goods on shelves in late 2019

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Canopy Growth Corp. expects to have about 30 pot-infused products on the market by the end of the year, including distilled cannabis to be used in mixed drinks. The Smiths Falls, Ont.-based company will start with beverages, edibles, and vapes and plans to roll out 32 specific items by end of December and add 20 more […]

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Big banks seeing Canadian cannabis businesses as high risk

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Cannabis in Canada is legal, and was sold as being big business, but as we approach the one year mark of Canadian cannabis legalization, big banks across the country are turning away from weed money. Thomas H. Clarke, who was one of the first Canadians to begin selling legal cannabis through his independent Portugal Cove-St. […]

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Constellation Brands CFO named chair at Canopy Growth

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SMITHS FALLS, Ont. — The chief financial officer of Canopy Growth Corp.‘s largest shareholder has been appointed chair of the cannabis company’s board of directors amid an ongoing shakeup in its executive ranks. David Klein, the CFO at Constellation Brands Inc., has been appointed to the position effective immediately, the Smiths Falls, Ont.-based Canopy Growth said in […]

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Canopy Growth Receives Key Extraction Licence

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SMITHS FALLS, ON, Aug. 20, 2019 /CNW/ – Canopy Growth Corporation (TSX: WEED), (NYSE: CGC) (“Canopy Growth” or the “Company”) is pleased to announce that it has received a licence from Health Canada for its KeyLeaf Life Sciences (“KeyLeaf”) facility in Saskatoon, Saskatchewan. Including the Smiths Falls site and the recently licensed BC Tweed extraction site, Canopy Growth now […]

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TSX Rebounds from Worst Day of Year but still closes Lower on Economic Worries

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TORONTO — Canada’s main stock index TSX rebounded from its worst day of the year but still closed at a five-month low Thursday amid continuing concerns about a global economic slowdown. CEO, First Avenue Investment Counsel Inc. States: Markets have finally “sobered up” and are accepting that there is a global economic slowdown, said Kash […]

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Canopy Growth executives compensation surges following cannabis legalization

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SMITHS FALLS, Ont. — Canopy Growth executives have struck it rich as their total compensation surged to $28.5 million last year including the first months since cannabis was legalized in October. Nearly 90 per cent of the payout to the six top officials was in the form of option-based awards, the Smiths Falls, Ont., company […]

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