Press Releases

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…

December 10, 2020

Canopy Growth and TerrAscend’s Arise Bioscience Enter Debt Financing Agreement

Canopy Growth completes US$20 million loan to Arise Bioscience Inc. SMITHS FALLS and TORONTO, ON, December 10, 2020 — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) and Arise Bioscience Inc. (“Arise”), a wholly owned subsidiary of TerrAscend Corp. (“TerrAscend”) (CSE:TER, OTCQX: TRSSF) engaged only in the legal sale of CBD products, today announced they have entered into a loan financing arrangement in the amount of US$20 million (the “Loan”) pursuant to a secured debenture (the “Debenture”). In connection with the Loan, TerrAscend has issued 2,105,718 common share purchase warrants to the Company (the “Warrants”). Canopy Growth initially…

December 9, 2020

Canopy Growth Announces Changes to Canadian Operations

SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) today announced a series of Canadian operational changes designed to streamline its operations and further improve margins. Canopy Growth will cease operations at the following sites: St. John’s, Newfoundland and Labrador; Fredericton, New Brunswick; Edmonton, Alberta; Bowmanville, Ontario; as well as its outdoor cannabis grow operations in Saskatchewan. Approximately 220 employees have been impacted as a result of these closures. “As part of the end-to-end review of our operations that we outlined during our second-quarter earnings call, we have made the decision to close a number…

December 8, 2020

Martha Stewart CBD Arrives at The Vitamin Shoppe Just in Time for the Holidays

The Martha Stewart CBD collection is now available at The Vitamin Shoppe and Super Supplements, both online and at 580+ retail locations nationwide, and features Martha’s new 15-Flavor 60-Count CBD Gummy Sampler, perfect for holiday gifting NEW YORK, NY (December 8, 2020) – Canopy Growth Corporation (TSX:WEED, NASDAQ: CGC), a world-leading diversified cannabis, hemp, and vaporization device company announced today that The Vitamin Shoppe is the first national retailer to carry the full line of Martha Stewart CBD wellness products – just in time for the busy, and often stressful, holiday season. “When I created this new line of CBD products, it was important that the…

December 7, 2020

BioSteel Becomes Official Sports Drink of The Philadelphia 76ers

Multi-year partnership designates BioSteel as new official sports drink of Philadelphia 76ers team, Training Complex, and the presenting partner of 76ers Training Camp New York, NY and Camden, NJ – December 2, 2020 – BioSteel today announced a multi-year deal with the Philadelphia 76ers, making the sports hydration company the official sports drink of the team. BioSteel will also serve as a partner of the Philadelphia 76ers Training Complex, and the presenting partner for 76ers Training Camp, which begins next week. The multi-year agreement includes prominent BioSteel branding at all 76ers home games, in addition to branding at the team’s…
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