Canopy Growth Corp
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Health Care : Pharmaceuticals | Mid Cap Growth
Based in Canada
Company profile

Canopy Growth Corp, formerly Tweed Marijuana Inc, is a Canada-based multi-brand cannabis company. The Company, through its subsidiaries Tweed Inc, Bedrocan Canada Inc, Tweed Farms Inc and Mettrum Health Corp is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed is a licensed producer of medical marijuana. Tweed's commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year. Tweed's built-out production capacity is over 10 climate controlled indoor growing rooms. Bedrocan is a medical-grade cannabis. Bedrocan's over 52,000 square feet production facility in Toronto, Ontario is licensed, and includes over 30 vegetative and growing rooms, and over three dispensing rooms.

Closing Price
$14.83
Day's Change
0.04 (0.27%)
Bid
--
Ask
--
B/A Size
--
Day's High
15.05
Day's Low
14.65
Volume
(Light)
Volume:
2,694,654

10-day average volume:
4,241,191
2,694,654

BANG stocks take a hit after GameStop discloses regulators on investigating

6:46 am ET June 10, 2021 (MarketWatch)
Print

Shares of so-called "BANG" stocks, which refers to some of the more popular meme stocks, dropped in premarket trading Thursday, amid concerns over increased regulatory oversight. Late Wednesday, GameStop disclosed in a quarterly filing that the Securities and Exchange Commission was investigating trading activity in its stock, and those of "other companies." (http://www.marketwatch.com/story/meme-stocks-stumble-after-gamestop-discloses-sec-probe-into-the-frenzy-11623277586) GameStop shares fell 6.1% ahead of the open, putting them on track to snap a three-day win streak in which they shot up 21.8% to $302.56 on Wednesday, the highest close since Jan. 29. The selloff comes despite the videogame retailer reported a narrower-than-expected fiscal first-quarter loss (http://www.marketwatch.com/story/gamestop-names-amazon-executives-as-its-new-ceo-cfo-11623270149) and sales that rose above forecasts. Among other "BANG" stocks, BlackBerry Ltd. (BB.T) fell 1.7%, AMC Entertainment Holdings Inc. (AMC) slid 4.0% and Nokia Corp. (NOKIA.HE) shed 1.1%. Meanwhile, futures for the S&P 500 edged up 0.1%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

June 10, 2021 06:46 ET (10:46 GMT)

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