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March 2, 2021
Canopy Growth Launches CBD Beverage Brand Quatreau in the U.S.
New CBD-Infused Sparkling Water Delivers Natural Flavors with Zero Sugar and Only 25 Calories NEW YORK (March 2, 2021) – Canopy Growth Corporation (“Canopy Growth” or “Company”) (TSX:WEED, NASDAQ:CGC), a world-leading diversified cannabis, hemp, and vaporization device company, has entered the high-potential U.S. CBD beverage category with the launch of Quatreau, a premium ready-to-drink CBD-infused sparkling water. The stateside launch follows the successful 2020 rollout of Canopy Growth’s CBD-infused beverages in Canada, where Quatreau is now the top-selling ready-to-drink CBD beverage. Quatreau sparkling water contains 20 mg of premium, U.S. grown hemp-based CBD and one of four refreshing flavors. With…
February 23, 2021
Canopy Growth Announces Closing Of Plan Of Arrangement Involving RIV Capital
Canopy Growth holds conditional ownership of approximately 20% in TerrAscend SMITHS FALLS, ON — Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED, NASDAQ: CGC) announces that it has closed the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) involving Canopy Growth, RIV Capital Inc. (formerly Canopy Rivers Inc.) (“RIV Capital”) (TSX: RIV) (OTC: CNPOF) and its wholly-owned subsidiary, RIV Capital Corporation (formerly Canopy Rivers Corporation) (“RCC”), as well as Canopy Growth’s wholly-owned subsidiary, The Tweed Tree Lot Inc. (“Tweed NB”). Following completion of the Arrangement, Canopy Growth now directly holds 38,890,570 exchangeable shares (the “TerrAscend Exchangeable…
February 17, 2021
BioSteel Kicks Off Multi-Year Partnership with the U.S. Soccer Federation
The Sports Hydration Brand Becomes the Official Sports Drink of Women’s, Men’s, Youth and Extended National Teams New York, NY – February 17, 2021 – The U.S. Soccer Federation and BioSteel have announced a multi-year partnership designating the sports drink company a sponsor of U.S. Soccer. The multi-year agreement kicks off with the SheBelieves Cup, one of the premier women’s soccer tournaments in the world, taking place from February 18-24, 2021, at Exploria Stadium in Orlando, Florida. As part of the agreement, executed by Soccer United Marketing (SUM), U.S. Soccer’s partner for more than 15 years, BioSteel’s zero sugar sports…
February 9, 2021
CANOPY GROWTH REPORTS THIRD QUARTER FISCAL 2021 FINANCIAL RESULTS
Business transformation continues to gain traction Improved commercial and operational execution drives record net revenue of $153 million, up 23% vs Q3 2020 Q3 2021 Canadian recreational market share increased by 30bps vs Q2 2021 based on our proprietary market share tracker Provides medium-term financial targets, including expectations to achieve profitability during the second half of FY 2022, while continuing to invest behind consumer insights, R&D and the U.S. market With renewed sense of optimism, Canopy further advanced the U.S. growth strategy ahead of potential cannabis reform SMITHS FALLS, ON — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED,…
February 4, 2021
Canopy Animal Health Launches SurityPro™ – A New Generation of CBD Products for Dogs
Science-backed SurityPro CBD soft chews and well drops are formulated to deliver the most CBD per body weight on the market ATLANTA (February 4, 2021) — Canopy Animal Health – a division of one of the world’s leading cannabis companies, Canopy Growth Corporation (TSX: WEED, NASDAQ:CGC) – announced the launch of a new line of science-backed CBD products for dogs under the brand name SurityPro™. Leading scientists at Canopy Animal Health developed this new generation of advanced pet specialty CBD products for dogs to support calm behavior, joint health and flexibility, healthy aging, and overall physical and mental well-being in…
January 26, 2021
Canopy Animal Health, Martha Stewart, and Marquee Brands Launch a New Line of CBD Products for Pets
Martha Stewart’s CBD for Pet line features science-backed, gourmet-flavored CBD soft-chews and oil drops for dogs and carries the NASC Quality Seal SMITHS FALLS, ON & NEW YORK, NY (Jan. 26, 2021) – Canopy Growth Corporation (TSX:WEED, NASDAQ:CGC), a world-leading diversified cannabis, hemp, and vaporization device company, announced today the launch of Martha Stewart CBD for Pet – a new line of scientifically-backed CBD wellness solutions for canines developed by Martha Stewart with her own beloved dogs in mind. The Martha Stewart CBD for Pet product portfolio includes oil drops and soft-baked chews in three gourmet flavor combinations and formulas – Wellness,…
January 26, 2021
Canopy Growth to Report Third Quarter Fiscal 2021 Financial Results on February 9, 2021
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 2021 ended December 31, 2020 before financial markets open on February 9, 2021. Following the release of its third quarter fiscal 2021 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Mike Lee, EVP & CFO at 10:00 AM Eastern Time on February 9, 2021. Webcast Information A live audio webcast will be available at: https://produceredition.webcasts.com/starthere.jsp?ei=1418491&tp_key=44498b6183 Replay Information A replay will be accessible by webcast until 11:59 PM ET…
January 20, 2021
Canopy Animal Health Pet CBD Products Awarded NASC Quality Seal
NASC Quality Seal recognizes manufacturers who comply with the highest quality standards for their rigorous research and development efforts in the creation of science-backed CBD products for pets ATLANTA (January 20, 2021) — Canopy Animal Health – a world-leading diversified cannabis and cannabinoid-based consumer product company, Canopy Growth Corporation (TSX: WEED, NASDAQ: CGC) – has been granted the right to display the Quality Seal from the National Animal Supplement Council (NASC) for their CBD products for dogs, which are expected to be launched in the coming weeks. The NASC is a non-profit group dedicated to protecting and enhancing the health of…
January 14, 2021
Canopy Growth Announces Filing of Early Warning Report regarding TerrAscend Corp.
ACQUISITION OF OPTION TO MAINTAIN PRO RATA OWNERSHIP INTEREST OF APPROXIMATELY 20% FOLLOWING TERRASCEND FINANCING Smiths Falls, Ontario — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED) (NASDAQ:CGC) today announced that the Company has filed an early warning report under National Instrument 62-103 in connection with the acquisition of an option (the “Option”) to purchase 1,072,450 common shares (the “Common Shares”) of TerrAscend Corp. (“TerrAscend”), conditional upon the occurrence or waiver of amendments to federal laws of the United States to permit the general cultivation, distribution and possession of marijuana (as defined in 21 U.S.C 802) or to remove…
January 8, 2021
TOKYO Smoke Expands RETAIL FOOTPRINT WITH OPENING Of 9 LOCATIONS Across ONTARIO
Industry-leading cannabis retailer continues its focus on Ontario as a priority market for expansion Toronto, ON— Tokyo Smoke, Canopy Growth Corporation’s award-winning retail brand is proud to announce the planned opening of 9 brick-and-mortar retail franchised cannabis locations across Ontario over the course of January 2021. Following a robust storefront expansion in 2020, today’s announcement demonstrates further growth for the Tokyo Smoke retail banner as the brand continues to focus on Ontario as a primary market for expansion. With Canadian recreational cannabis sales increasing in 2020, the opening of these new stores will help address growing consumer demand as well…
December 21, 2020
CANOPY GROWTH ANNOUNCES PLAN OF ARRANGEMENT WITH CANOPY RIVERS
Canopy Growth to receive exchangeable shares, warrants and debt in TerrAscend, increasing its direct conditional ownership in TerrAscend from approximately 13%[1] to approximately 21% of the issued and outstanding shares on a fully-diluted basis Canopy Growth to increase ownership in Vert Mirabel from approximately 41% to approximately 67% In exchange, Canopy Growth to fully retire its ownership interest in Canopy Rivers, which currently represents approximately 27% and approximately 84% of the voting rights, provide cash payment of $115 million and issue 3,750,000 common shares in Canopy Growth to Canopy Rivers. SMITHS FALLS, ON — Canopy Growth Corporation (“Canopy Growth”) (TSX:…
December 10, 2020
BioSteel Inks Partnership with Toronto Raptors as Official Sports Drink
The multi-year partnership makes BioSteel the official sports drink of the Toronto Raptors team, and presenting partner of Raptors Training Camp New York, NY – December 10, 2020 – BioSteel today announced a multi-year deal with the Toronto Raptors as the team’s official sports drink partner. The partnership designates the sports hydration company as the official sports drink of the team and presenting partner of Raptors Training Camp, which began earlier this week in Tampa, FL. “The Raptors have been purchasing BioSteel products since day one,” said Michael Cammalleri, Co-Founder and Co-CEO, BioSteel. “With this alliance, BioSteel has the opportunity…