Canopy expects new pot goods on shelves in late 2019

Canopy Growth Corp. expects to have about 30 pot-infused products on the market by the end of the year, including distilled cannabis to be used in mixed drinks. The Smiths Falls, Ont.-based company will start with beverages, edibles, and vapes and plans to roll out 32 specific items by end of December and add 20 more […]

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Big banks seeing Canadian cannabis businesses as high risk

Cannabis is Canada is legal, and was sold as being big business, but as we approach the one year mark of Canadian cannabis legalization, big banks across the country are turning away from weed money. Thomas H. Clarke, who was one of the first Canadians to begin selling legal cannabis through his independent Portugal Cove-St. […]

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Constellation Brands CFO named chair at Canopy Growth

SMITHS FALLS, Ont. — The chief financial officer of Canopy Growth Corp.‘s largest shareholder has been appointed chair of the cannabis company’s board of directors amid an ongoing shakeup in its executive ranks. David Klein, the CFO at Constellation Brands Inc., has been appointed to the position effective immediately, the Smiths Falls, Ont.-based Canopy Growth said in […]

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Canopy Growth Receives Key Extraction Licence

SMITHS FALLS, ON, Aug. 20, 2019 /CNW/ – Canopy Growth Corporation (TSX: WEED), (NYSE: CGC) (“Canopy Growth” or the “Company”) is pleased to announce that it has received a licence from Health Canada for its KeyLeaf Life Sciences (“KeyLeaf”) facility in Saskatoon, Saskatchewan. Including the Smiths Falls site and the recently licensed BC Tweed extraction site, Canopy Growth now […]

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TSX Rebounds from Worst Day of Year but still closes Lower on Economic Worries

TORONTO — Canada’s main stock index TSX rebounded from its worst day of the year but still closed at a five-month low Thursday amid continuing concerns about a global economic slowdown. CEO, First Avenue Investment Counsel Inc. States: Markets have finally “sobered up” and are accepting that there is a global economic slowdown, said Kash […]

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Canopy Growth executives compensation surges following cannabis legalization

SMITHS FALLS, Ont. — Canopy Growth executives have struck it rich as their total compensation surged to $28.5 million last year including the first months since cannabis was legalized in October. Nearly 90 per cent of the payout to the six top officials was in the form of option-based awards, the Smiths Falls, Ont., company […]

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Canopy Growth Announces Leadership Transition

Bruce Linton to step down as co-CEO and Canopy Board member Mark Zekulin remains CEO Company Launches Search to Identify Leader to Guide Next Phase of Growth TORONTO and SMITHS FALLS, ON, July 3, 2019 /CNW/ – Today, Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) and Bruce Linton announced that Bruce […]

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