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March 23, 2017
Canopy Growth Announces 50% Increase in Flower Production Space and Tripling of Fulfilment Capacity at Tweed Smiths Falls Campus
March 22, 2017
Canopy Growth Completes 24.25 Million Private Placement Financing
SMITHS FALLS, ON – Canopy Growth Corporation (TSX:WEED) (“Canopy Growth” or the “Company”) is pleased to announce that it has completed a private placement with one investor (the “Offering”) of common shares (the “Shares”). Pursuant to the Offering, the Company issued 2,500,000 Shares at a net price of $9.70 per Share, for aggregate net proceeds of $24,250,000. “With the recent addition of Canopy Growth to the S&P/TSX Composite Index, imminent Canadian adult access markets and the awakening of legal cannabis markets in Germany, Australia, Brazil, Israel and elsewhere around the globe, we are entering a very opportunistic period for our…