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September 6, 2023
Canopy Growth Germany GmbH announces brand change from Spectrum Therapeutics to Canopy Medical
SMITHS FALLS, ON, September 6, 2023– Canopy Growth Germany GmbH, a leading global provider of medical cannabis products and services, is pleased to announce that the Company is changing from Spectrum Therapeutics to Canopy Medical in the German market. The decision to change the brand from Spectrum Therapeutics to Canopy Medical will align the Company’s medical business with the corporate Canopy Growth brand. This alignment further reinforces Canopy Growth’s commitment to long term growth within the German medical cannabis market and unwaivering commitment to German medical cannabis patients. “We are excited to launch our new branding, first in Germany, as…
August 30, 2023
Canopy Growth Showcases Power of Brands with Industry Awards
Tweed nominated for Karma Cup and Grow Up Awards; Wana a finalist for Grow Up Award SMITHS FALLS, ON, AUGUST 30, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, today announced that two of the Company’s brands in the Canadian adult-use market have been recognized as finalists for prestigious industry awards. Illustrating the impact of an impressive brand evolution, Tweed’s Kush Mints has been nominated for a 2023 Karma Cup in the Hybrid Flower category, as it has demonstrated its consumer appeal with Tweed Kush Mints 28g being the fourth…
August 22, 2023
CANOPY GROWTH’S NEWEST PRE-ROLL FLOWER OFFERINGS ARE PERFECT FOR END OF SUMMER OCCASIONS
SMITHS FALLS, ON, AUGUST 22, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis company, today announced the addition of five new pre-roll flower product offerings from iconic brands Tweed, 7ACRES, and for the first time, from Canopy Growth’s medical cannabis company, Spectrum Therapeutics. “Our newest flower offerings combine the fresh flavours of summer with the convenience of a pre-roll, making them the perfect complement to any occasion,” said Dave Paterson, President, Canada, Canopy Growth. “Together with our team of master growers and cultivators, we continue to innovate with new flavours and…
August 18, 2023
Canopy Growth to Hold Virtual Annual General and Special Meeting of Shareholders
SMITHS FALLS, ON, August 18, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) announced today that the Company will hold its 2023 Annual General and Special Meeting in a virtual format. The meeting will begin at 1:00 PM ET on September 25, 2023, and will be conducted by live audio webcast at www.virtualshareholdermeeting.com/WEED2023. Shareholders of record as of the close of business on August 3, 2023, and shareholders holding a legal proxy for the meeting, are eligible to vote at the meeting. Shareholders will find important information and detailed instructions about how to participate in…
August 17, 2023
Canopy Growth Enters into an Agreement for the Sale of Hershey Drive Facility in Smiths Falls
Facility will be sold to Hershey Canada, Inc. for approximately CAD$53 million Canopy Growth continues to execute on transformation to simplified, asset-light operating model SMITHS FALLS, ON, August 17, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) announced today that it has entered into an agreement (the “Agreement”) to sell its Hershey Drive facility (the “Facility”) in Smiths Falls, Ontario, as part of the Company’s transformation to a simplified, asset-light operating model. Canopy Growth will retain its Smiths Falls-based post-harvest manufacturing facility. Pursuant to the terms of the Agreement, the Facility will be sold…
August 9, 2023
Canopy Growth Reports First Quarter Fiscal Year 2024 Financial Results
READ THE FULL PRESS RELEASE HERE Net revenue in Q1 FY2024 increased 3% year-over-year to $109 million. Adjusting for divestiture of Canadian cannabis retail operations in FY2023, Q1 FY2024 net revenue increased 16% year-over-year Achieved total cost savings of $172 million through Q1 FY2024 Management reaffirms its expectation to achieve positive Adjusted EBITDA in all business units exiting FY2024, with the exception of BioSteel SMITHS FALLS, ON, August 9, 2023 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (Nasdaq: CGC) today announces its financial results for the first quarter ended June 30, 2023. All financial information in…
August 3, 2023
STORZ & BICKEL IS NOW AVAILABLE AT CANNABIS CONSUMPTION LOUNGES IN MARKETS ACROSS THE U.S.
Lounges will feature STORZ & BICKEL’s iconic VOLCANO vaporizers TUTTLINGEN, Germany, August 4, 2023/PRNewswire/ – STORZ & BICKEL GmbH (“STORZ & BICKEL”), a world-leading manufacturer of high-end and medically certified cannabis vaporizers and a subsidiary of Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), today announced a first-of-its-kind hardware collaboration with 10 cannabis consumption lounges across the United States. Consumption lounges, which provide a welcoming, legal setting for social consumption of cannabis products, are currently legal in 13 U.S. states. Storz & Bickel expects to further expand their footprint of device availability within these establishments as additional states permit them. “Cannabis consumption…
July 27, 2023
Canopy Growth launches Wana Brands’ Edibles at SpectrumTherapeutics.com
Expanding product offering to Canadian medical patients and strengthening Canadian cannabis business SMITHS FALLS, ON – July 27, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) today announced that cannabis gummies from Wana Brands (“Wana”), North America’s leading edibles company, are now available through Spectrum Therapeutics – Canopy Growth’s medical cannabis division. This news follows the announcement in May of the assumption of certain agreements by Canopy Growth which grant it control of all distribution, marketing, and sales of industry leading Wana branded edible cannabis products in Canada, highlighting the strength of the Company’s…
July 26, 2023
Canopy Growth to Report First Quarter Fiscal 2024 Financial Results on August 9, 2023
Smiths Falls, ON, July 26, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the first quarter fiscal year 2024 ended June 30, 2023 after markets close on August 9, 2023. Following the release of its first quarter fiscal year 2024 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on August 9, at 5:30 PM Eastern Time. Webcast Information A live audio webcast will be available at: https://app.webinar.net/E7gbkpw16N9 Replay Information A replay will be accessible by webcast until 11:59 PM ET on…
July 20, 2023
STORZ & BICKEL Announces Certification of Medical Vaporizers Under New EU Medical Device Regulations
Certification reinforces STORZ & BICKEL’s leadership position in medical device design, ensures continued availability of devices worldwide [Tuttlingen, Germany, July 20, 2023] – STORZ & BICKEL GmbH (“STORZ & BICKEL”), the world-leading manufacturer of high-end and medically certified cannabis vaporizers and subsidiary of Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC), today announced the certification of its premium VOLCANO MEDIC 2 and the MIGHTY+ MEDIC, in accordance with the new EU Medical Device Regulations (“MDR”). The new MDR regulations outline stricter quality requirements for medical devices manufactured in or imported to the EU than its predecessor, the MDD (Medical Devices Directive).…
July 18, 2023
Canopy Growth Congratulates Wana and Jetty on Entry Into New State-Level Markets
Wana Brands re-enters the Florida medical market as Jetty expands to Colorado SMITHS FALLS, ON – July 18, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) today congratulates members of Canopy USA LLC’s (“Canopy USA”) ecosystem, Wana Brands (“Wana”), North America’s leading edibles producer, and Jetty Extracts (“Jetty”), a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, on their respective asset-light expansion strategies which have seen the brands enter two new state-level markets. “Wana and Jetty are category leaders in edibles and solventless vape and we’re proud of their ongoing…