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You are here: Home / Archives for Canopy Growth Corp.

Canopy Growth Corp.

Which cannabis companies are going to survive coronavirus? Here’s how to tell

April 20, 2020 by AggregatedNews Leave a Comment

The sector was already shaky before COVID-19, but companies must now have the right mix of cash, pot and sales channels to make it to the other side Before the outbreak of COVID-19, cannabis stocks had plummeted from fattened valuations as they failed to find promised profit and seemed at risk of bankruptcy. The global […]

Filed Under: Banking, Finance & Real Estate Tagged With: Cannabis Industry, Canopy Growth Corp., Coronavirus, Cronos Group Inc.

Cannabis market leader Canopy Growth names Constellation Brands’ CFO as its new CEO

December 10, 2019 by AggregatedNews Leave a Comment

Shares soar 13% as CFO of Canopy’s biggest shareholder takes the helm Canopy Growth Corp. said Monday it has named David Klein, currently chief financial officer at its biggest shareholder, Constellation Brands Inc., as its new chief executive, taking over from Mark Zekulin on January 14. The news sent the U.S.-listed shares up about 13%. […]

Filed Under: Industry People Tagged With: Canopy Growth Corp., Constellation Brands Inc., David Klein

Cross-border Cannabis: The Potential Impact of Anti-Money Laundering Laws on International Cannabis Deals

June 25, 2019 by Anthony Moshirnia Leave a Comment

When it was announced in April 2019, Canopy Growth Corp.’s conditional deal to purchase Acreage Holdings Inc. raised eyebrows not only because of its price tag (potentially exceeding US$ 3 billion in total consideration), but also because of the transacting parties’ apparent willingness to test the boundary of U.S. anti-money laundering law (“AML”).  Canopy is a […]

Filed Under: Policy & Legal Tagged With: Acreage Holdings Inc., Canopy Growth Corp., Controlled Substances Act, extraterritoriality, U.S. anti-money laundering law

Martha Stewart distances herself from ‘cannabis’ ahead of CBD product launch

June 20, 2019 by AggregatedNews Leave a Comment

Martha Stewart commands a massive audience when she cooks, decorates, gardens and appears on television with Snoop Dogg. But the 77-year-old food and lifestyle guru has been tight-lipped about her personal use of cannabis. That took on greater meaning after Canopy Growth Corp. (WEED.TO, CGC) announced in February that Stewart was taking an advisory role at […]

Filed Under: Hemp Industry News, Industry People Tagged With: Bruce Linton, Canopy Growth Corp., CBD, Martha Stewart

These are the biggest threats to the cannabis industry, according to top CEOs in the space

June 10, 2019 by AggregatedNews Leave a Comment

The nascent marijuana industry has made significant strides over the past several years. Illinois is poised to become the 11th state to allow recreational cannabis sales, after lawmakers last week voted to pass legislation considered to represent the most progressive adult–use bill in the country. The passage of the Farm Bill late last year legalized hemp and declassified it […]

Filed Under: Industry News Tagged With: Acreage Holdings Inc., black market, Canopy Growth Corp., Cresco Labs Inc., Curaleaf Holdings Inc, Threats to Marijuana Industry

Canopy Growth to Build First U.S. Hemp Plant in New York State

January 15, 2019 by AggregatedNews Leave a Comment

Canopy Growth Corp. will spend as much as $150 million to build its first production facility in the U.S. after the Canadian cannabis company was granted a hemp license by New York state. The U.S. farm bill legalized hemp and hemp-derived cannabidiol last month, creating a rush among Canadian pot firms that were previously unable […]

Filed Under: Hemp Industry News Tagged With: Bruce Linton, Canopy Growth Corp., Constellation Brands Inc., NY Hemp License

Pot Is Becoming an Earner for Once Reluctant Toronto Law Firms

November 22, 2018 by AggregatedNews Leave a Comment

Sector has seen 27 deals worth $10.6 billion this year, Davies Ward leads Canadian law firms in cannabis M&A work The legalization of cannabis in Canada may have diminished the need for criminal lawyers, but it’s created a booming business for the country’s most prestigious corporate law firms. The cannabis sector has seen 27 major deals […]

Filed Under: Policy & Legal Tagged With: Canopy Growth Corp., Canopy Growth Corp. on Constellation Brands Inc., Davies Ward Phillips & Vineberg LLP, Patricia Olasker

The Statistic in Tilray’s Prospectus That Should Have Marijuana Stock Investors Salivating

September 12, 2018 by AggregatedNews Leave a Comment

Chances are you probably overlooked this big-picture figure prior to Tilray’s initial public offering. In case you haven’t noticed, marijuana stocks are blazing hot once again. This budding industry has taken flight on the expectation of rapidly rising sales and big profits tied to Canada’s legalization of recreational marijuana in 36 days’ time. When it […]

Filed Under: Cannabis Investments Tagged With: Canopy Growth Corp., OrganiGram, Tilray

Constellation Brands to invest $5-billion to boost stake in Canopy Growth

August 15, 2018 by AggregatedNews 1 Comment

Constellation Brands has signed a deal to invest $5-billion in Canopy Growth Corp. to increase its stake in the marijuana company to 38 per cent and make it its exclusive global cannabis partner. Under the agreement, Constellation, a global producer of beer, wine and spirits, will acquire 104.5 million Canopy shares at a price of […]

Filed Under: Banking, Finance & Real Estate, North Of The Border Tagged With: Bruce Linton, Canopy Growth Corp., Constellation Brands, Rob Sands

Canada Is About to Inhale the Global Pot Market. Thanks, Jeff Sessions.

June 30, 2018 by AggregatedNews Leave a Comment

canada marijuana legalization age Canada's medical marijuana

In the dark of a frigid February morning on the outskirts of Ottawa, Canada, a convoy of trucks pulled up to the loading docks of a refurbished Hershey’s factory that’s now the headquarters of the world’s largest marijuana company—Canopy Growth Corp. Horticulturists in Tyvek suits began loading the vehicles with unmarked boxes, each the size of […]

Filed Under: Canada, On the Move Tagged With: canada marijuana, Canopy Growth Corp., jeff sessions, Justin Trudeau, Legal Marijuana, marijuana legalization, recreational marijuana, us marijuana

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