Press Releases
January 3, 2023
Canopy Growth Completes Divestiture of Canadian Retail Operations
Transaction supports the Company’s focus on achieving profitability through streamlined operations in Canada Smiths Falls, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it has closed its previously announced transactions with OEG Retail Cannabis (“OEGRC”) and 420 Investments Ltd. (“FOUR20”) to divest its retail business across Canada, which includes the stores operating under the Tweed and Tokyo Smoke retail banners. “The divestiture of our Canadian retail business marks an important step forward on our path to profitability and furthers Canopy Growth’s focus on generating revenue growth in the Canadian market,” said…
December 12, 2022
BioSteel Named the Official Hydration Partner of F45 Training
As brand’s global footprint continues to expand, partnership will bring Clean. Healthy. Hydration.™ to F45 Locations globally New York, NY – December 12, 2022 – Today, BioSteel Sports Nutrition Inc. (“BioSteel”) and global fitness franchisor F45 Training Holdings Inc (NYSE: FXLV) (“F45”) announced a new partnership naming BioSteel the exclusive hydration partner for F45 fitness studios globally. Through the partnership, BioSteel will introduce its Clean. Healthy. Hydration.™ products to F45 members directly in-studio, where a zero-sugar hydration routine can help get the most out of a workout. BioSteel branding as well as BioSteel sports hydration drinks in various flavors will…
December 9, 2022
Canopy Growth to Ring Nasdaq Opening Bell
SMITHS FALLS, ONTARIO (December 9, 2022) – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announced that Chief Executive Officer David Klein and other Canopy Growth team members will ring the Nasdaq opening bell on Monday, December 12, 2022. “We are proud to be a Nasdaq-listed company, and our team is honored to be ringing the opening bell. This is an exciting time for Canopy Growth as we take important steps to realize our goal of building a leading North American cannabis company. We appreciate the continued support of all of our stakeholders as we…
November 1, 2022
BioSteel Doubles Down on Hydrating the Next Generation, Signs Four Elite Women’s Hockey Players
Laila Edwards, Sarah Fillier, Calla Frank, Jade Iginla join #TeamBioSteel, expanding the brand’s roster of elite athletes prioritizing Clean. Healthy. Hydration.™ NEW YORK – November 1, 2022 – BioSteel Sports Nutrition Inc. (“BioSteel”) today announced an expansion of its dedication to hydrating the next generation, signing Laila Edwards, Sarah Fillier, Calla Frank, and Jade Iginla, four elite hockey players who play on their respective national teams and represent the next generation of athletes supporting their fitness on and off the ice with Clean. Healthy. Hydration.™ The four new #TeamBioSteel athletes intend to promote the brand at events and on social…
October 27, 2022
Canopy Growth to Report Second Quarter Fiscal 2023 Financial Results on November 9, 2022
Smiths Falls, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the second quarter fiscal year 2023 ended September 30, 2022 before financial markets open on November 9, 2022. Following the release of its second quarter fiscal year 2023 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on November 9, 2022, at 10:00 AM Eastern Time. Shareholders can submit questions starting on November 2, 2022, at 10:00 AM ET by visiting: https://app.saytechnologies.com/canopy-growth-corporation-2023-q2. The platform will close on November 8, 2022, at 10:00 AM ET.…
October 25, 2022
Canopy Growth to Fast Track Entry into the U.S. Cannabis Market
Creation of U.S. holding company and exchangeable share structure designed to enable Canopy USA to trigger full ownership of U.S. cannabis investments and capitalize on market opportunity projected to be over $50B[1] by 2026 Floating Share Arrangement Agreement facilitates acquisition of 100% of Acreage Holdings Additional balance sheet actions reduce costs and create flexibility to pursue strategic growth opportunities SMITHS FALLS, ONTARIO (October 25, 2022) – Canopy Growth Corporation (“Canopy” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today announced a strategy to accelerate its entry into the U.S. cannabis industry and unleash the value of its full U.S. cannabis ecosystem…
October 25, 2022
Canopy Growth Corporation and Canopy USA, LLC Announce Filing of Early Warning Report regarding TerrAscend Corp.
SMITHS FALLS, ONTARIO and COLORADO, USA – October 25, 2022 – Canopy Growth Corporation (“Canopy” or the “Company”) (TSX: WEED) (NASDAQ: CGC) and Canopy USA, LLC (“Canopy USA”) today announced that each of the Company and Canopy USA has filed an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the Company’s direct and indirect disposition of, and Canopy USA’s direct and indirect acquisition of beneficial ownership of: (i) 38,890,570 exchangeable shares (the “Exchangeable Shares”) in the capital of TerrAscend Corp. (“TerrAscend”); (ii) an option to…
October 21, 2022
Ace Valley Celebrates Sex Positivity with Debut of Lust and Thrust Cannabis Infused Gummies
Lust Cherry Rose and Thrust Watermelon Goji aim to make good sex greater SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX:WEED) (NASDAQ:CGC), a world-leading diversified cannabis and cannabinoid-based consumer product company, today announced an extension of its Ace Valley brand portfolio with the launch of Lust Cherry Rose and Thrust Watermelon Goji. These two new, distinctly-flavoured, gummies are the first of their kind in the Canadian market, celebrating the intersection of cannabis and sex positivity by empowering consumers to enhance their personal experiences. In an online survey1, 75…
September 27, 2022
Canopy Growth Announces Divestiture of Canadian Retail Operations
Decision supports the Company’s strategic objectives including streamlining Canadian operations, achieving profitability, and advancing a premium brand-driven portfolio for consumers Smiths Falls, ON (September 27, 2022) – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that the Company has entered into agreements to divest its retail business across Canada which includes the stores operating under the Tweed and Tokyo Smoke retail banners. The announcement reinforces the Company’s focus on advancing its path to profitability as a premium brand-focused cannabis and consumer packaged goods (CPG) company. The Company has reached an agreement (the “OEGRC Transaction”)…
September 26, 2022
Alphonso Davies Inks Hydration Deal with BioSteel
International soccer star joins #TeamBioSteel, expanding brand’s roster of elite athletes prioritizing Clean. Healthy. Hydration.™ NEW YORK – BioSteel Sports Nutrition Inc. (“BioSteel”) today announced the signing of international soccer star Alphonso Davies to its growing team of athlete partners. As a part of the deal, he intends to promote the brand’s lineup of zero-sugar hydration products to his global fan base via brand appearances and on social media. Fans can also expect to see Davies on limited-edition BioSteel products and point-of-sale assets at retailers in both Canada and Germany, where he plays for his world-renowned club team. Davies joins…