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
$17.37
Day's Change
-4.35 (-20.03%)
Bid
--
Ask
--
B/A Size
--
Day's High
18.39
Day's Low
16.95
Volume
(Heavy Day)
Volume:
25,314,081

10-day average volume:
11,866,587
25,314,081

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4 providers
Yesterday's News, May 29, 2020
Cannabis producer Canopy Growth reports another billion-dollar loss

By Max A. Cherney Canopy's huge loss resulted from shuttered facilities and obsolete packaging, marijuana Canopy Growth Corp. reported its second billion-dollar loss early Friday, as the company remains mired in a turnaround effort that it...(MarketWatch)

UPDATE: Canopy Growth posts loss of C$1.33 billion as it books impairment and restructuring charges

Canopy Growth Corp. U.S.-listed shares (WEED.T) tumbled 19% premarket, after the Canadian cannabis market leader posted weaker-than-expected earnings for its fiscal fourth quarter. Smiths Falls, Ontario-based Canopy said it had a net loss of...(MarketWatch)

Canopy Growth stock down 11% premarket

(END) Dow Jones Newswires May 29, 2020 07:11 ET (11:11 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

Canopy Growth Q4 revenue C$107.9 mln vs. C$94.1 mln

(END) Dow Jones Newswires May 29, 2020 07:10 ET (11:10 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

Canopy Growth Q4 FactSet consensus loss per share 59 cents; revenue C$128.9 mln

(END) Dow Jones Newswires May 29, 2020 07:10 ET (11:10 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

UPDATE: CORRECTED: Canopy Growth Q4 per-share loss C$3.72 vs. loss $1.10

(END) Dow Jones Newswires May 29, 2020 07:09 ET (11:09 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

May 27, 2020
Canopy Growth is seen beating March quarter sales, but EBITDA and cash flow guidance are key for stock: Cantor

Canopy Growth Corp. (WEED.T) will beat sales estimates when it reports March quarter earnings on Friday, but the stock may benefit more from clear guidance on EBITDA and cash flow, Cantor Fitzgerald said Wednesday. At Cresco Labs, the focus will...(MarketWatch)

May 15, 2020
UPDATE: Aurora Cannabis stock rockets 23% after earnings are 'encouraging for a change': Cantor Fitzgerald

Aurora Cannabis Inc.'s fiscal third-quarter numbers (http://www.marketwatch.com/story/aurora-cannabis-stock-jumps-as-pot-sales-grow-faster-than-expected-2020-05-14) showed "encouraging signs, for a change," according to Cantor Fitzgerald analyst...(MarketWatch)

May 01, 2020
Corona beer maker Constellation increases stake in marijuana producer Canopy Growth, shares rise 10%

Constellation Brands Inc. (STZ) said late Friday that it had increased its stake in Canopy Growth Corp. (WEED.T) by 5.1%. Canopy Growth shares rose 10% and Constellation shares were flat in the extended session. Constellation increased its stake...(MarketWatch)

April 29, 2020
Cannabis producer Canopy Growth lays off 200 amid restructuring

Marijuana producer Canopy Growth Corp. (WEED.T) said Wednesday that it had laid off 200 people across Canada, the United Kingdom and the U.S. as part of its ongoing restructuring plans first announced in February. U.S.-traded shares of Canopy were...(MarketWatch)

April 20, 2020
UPDATE: Which cannabis companies are going to survive coronavirus? Here's how to tell

By Max A. Cherney 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...(MarketWatch)

April 16, 2020
Canopy Growth to book charge of up to $568 million as marijuana restructuring continues

By Max A. Cherney Canopy said Thursday it was pulling back operations across three continents Canopy Growth Corp. said early Thursday it was halting a range of operations across three continents and expects its restructuring plans to result in...(MarketWatch)

Canopy Growth to book charge of up to C$800 million as restructures operations to reduce cash burn

Canopy Growth Corp. (WEED.T) said Thursday it expects to record a charge of C$700 million ($496.2 million) to C$800 million, as the Canada-based cannabis company announced a number of operational changes as part of a strategic review of its...(MarketWatch)

Canopy Growth to cut 85 full-time jobs as part of strategic review of operations

(END) Dow Jones Newswires April 16, 2020 09:53 ET (13:53 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

March 17, 2020
Canopy Growth to close 23 corporate-owned cannabis stores temporarily to combat coronavirus

Canopy Growth Corp. (WEED.T) said Tuesday it is planning to close all of its corporate-owned retail stores temporarily starting at 5 p.m. local time as it works to combat the coronavirus that causes COVID-19. The Canadian cannabis market leader...(MarketWatch)

Canadian cannabis market leader Canopy Growth to close all retail stores temporarily over coronavirus

(END) Dow Jones Newswires March 17, 2020 07:20 ET (11:20 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

Canopy Growth says stores will close at 5 p.m. local time

(END) Dow Jones Newswires March 17, 2020 07:20 ET (11:20 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

March 11, 2020
Canadian cannabis company Canopy Growth completes C$80.5 million loan financing with TerrAscend

Canopy Growth Corp. (WEED.T) said Wednesday it has entered a loan financing agreement with TerrAscend Corp. for C$80.5 million ($58.8 million). As part of the deal, TerrAscend has issued 17.8 million warrants to purchase common stock. Canopy, the...(MarketWatch)

Canopy Growth completes C$80.5 mln loan financing agreement with TerrAscend Canada

(END) Dow Jones Newswires March 11, 2020 07:02 ET (11:02 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.(MarketWatch)

March 09, 2020
Cannabis stocks tumble along with broader market, Aurora Cannabis down 9%

Cannabis stocks fell sharply Monday, swept up in the broader market rout that was triggered by an oil price war between Saudi Arabia and Russia and the continued spread of the coronavirus. The ETMG Alternative Harvest ETF (MJ) was down 5.7%, with...(MarketWatch)

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