Search: Canopy

Canopy Growth Extends European Cannabis Operations

European Update: Canopy Growth Secures Exclusive Opportunities in the UK & Luxembourg Receives first UK licence for a storage and distribution facility dedicated to medicinal cannabis, under the MHRA ‘specials’ program for unlicensed medicines Wins exclusive contract to supply medical cannabis in Luxembourg, connecting country to Canopy Growth’s European network SMITHS FALLS, ON, OXFORD, England […] READ MORE:

Canopy Growth to provide medical cannabis to Luxembourg and UK

Canadian cannabis company Canopy Growth Corp. said MOnday it has become the exclusive supplier of medical cannabis to Luxembourg in a deal that extends through Dec. 31, 2021. Luxembourg launched a medical cannabis program by decriminalizing it for patients with severe unmet needs in 2018. The Duchy is also expected to fully legalize the production and consumption of recreational cannabis…

Were Hedge Funds Right About Dumping Canopy Growth Corporation (CGC)?

Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won’t accept your savings unless you commit at least $5 million) by pinpointing […] READ MORE:

Canopy Growth Launches 27th Retail Banner Location: Welcome Tokyo Smoke – Brandon, Manitoba

SMITHS FALLS, ON, Oct. 18, 2019 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) is pleased to launch its 27th retail location and introduce customers in Brandon, Manitoba to its second location, conveniently located in Brandon’s Corral Centre. Retail presence is a key driver of brand recognition in a competitive market. With twenty-seven locations already open and […] READ MORE:

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Portfolio Company Obtains Health Canada License Amendment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Tuesday announced that its portfolio company James E. Wagner Cultivation Corp. (TSXV: JWCA) (OTCQX: JWCAF) (“JWC”) received a Health Canada license amendment permitting cannabis production in four new flowering rooms at its flagship facility in Kitchener, Ontario. The additional flowering rooms are part of an ongoing…

Canopy Growth’s sale of AusCann stake shows a focus shift to core assets and profitability: Jefferies

Canopy Growth Corp.’s announcement earlier Tuesday that it has sold its 13.2% stake in Australian producer AusCann for proceeds of C$6 million ($4.8 million) is a sign that the Canadian company is starting to clear its balance sheet to focus more on core assets and attaining profitability, according to Jefferies. Analysts Owen Bennett and Ryan Tomkins said the increased focus…

Canopy Growth Announces Sale of Stake in AusCann

The companies will continue to collaborate in the Australian market SMITHS FALLS, ON, Oct. 15, 2019 /PRNewswire/ – Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (“Canopy Growth”) has sold its 42,087,639 shares in Australian cannabis company AusCann Group Holdings (AusCann) via an off market block trade at $0.15 per share for gross proceeds of $6.3 […] READ MORE:

Canopy Growth completes previously announced acquisition of Beckley Canopy Therapeutics

SMITHS FALLS, ON & LONDON , Oct. 15, 2019 /CNW/ – Canopy Growth Corporation (WEED.TO) (CGC) (“Canopy Growth” or the “Company”) has closed the previously announced acquisition of all outstanding shares in the global cannabinoid based research company Beckley Canopy Therapeutics (Beckley Canopy), including the joint commercial venture Spectrum Biomedical UK. As a part of the acquisition, Canopy Growth’s European…