Tag Archives: TSX

This Massive Marijuana Stock IPO Imploded on Its First Day of Trading

This Massive Marijuana Stock IPO Imploded on Its First Day of Trading

This Massive Marijuana Stock IPO Imploded on Its First Day of Trading

In late May, MedReleaf priced its public offering at just over $7 per share. The marijuana stock IPO raised a whopping $75 million. Unfortunately, things didn’t work out as planned for pot investors or MedReleaf.

Marijuana Index Fell 9% in April as US and Canadian Stocks Sell Off

Marijuana Index Fell 9% in April as US and Canadian Stocks Sell Off

The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the United States and Canada, decreased 9% in April due primarily to heavy losses in the United States.

Report: Accelerated Adoption of Cannabis Pressuring Alcohol Volumes

Report: Accelerated Adoption of Cannabis Pressuring Alcohol Volumes

On April 20, 2017, Cowen and Company, a leading Wall Street investment bank, issued a report that shows the accelerated adoption of cannabis pressuring alcohol volumes, with beer most at risk.

Could Aphria Inc. or Aurora Cannabis Inc. Dethrone Canopy Growth Corp

Could Aphria Inc. or Aurora Cannabis Inc. Dethrone Canopy Growth Corp.?

Aphria Inc. has been soaring since its graduation to the TSX last month. The company now has a $1.1 billion market cap and could pass Canopy Growth Corp. with its $1.74 billion market cap over the next few months. There’s no question Canopy stock has slowed down when compared to its peers like Aphria and Aurora Cannabis Inc

Horizons CEO: MJ ETF ‘Most Scrutinized Fund That We’ve Ever Launched’

Horizons CEO: MJ ETF ‘Most Scrutinized Fund That We’ve Ever Launched’

The Horizons Medical Marijuana Life Sciences ETF is slated to begin trading Tuesday on the Toronto Stock Exchange. It will include 11 Canadian-listed stocks and four listed in the United States.

Aphria

Aphria Strengthens US Investment Platform, Increases Position in Copperstate Farms Investors to 18.5%

LEAMINGTON, Ontario, March 27, 2017 /Weed Wire/ — Aphria Inc. (“Aphria” or the “Company”) (TSX:APH)(OTCQB:APHQF), through its subsidiary Aphria (Arizona) Inc., is pleased to announce that it made an additional investment of $3 million (USD) in Copperstate Farms Investors, LLC (“Investors”).

Canopy Growth Corp. Has Entered a New Realm

Canopy Growth Corp. Has Entered a New Realm

There are a number of big institutions, including mutual funds, pension funds, and investment banks, that use the TSX Composite and its sub-indices as performance benchmarks for their portfolios. The addition of Canopy to the index will introduce some new dimensions to the index’s performance.

Canopy-Growth

Canopy Growth Corporation Renews Agreement with XIB Consulting Inc.

SMITH FALLS, Ontario, Feb. 17, 2017 /Weed Wire/ — Canopy Growth Corporation (TSX: WEED) (“Canopy Growth” or the “Corporation”) announced that it has renewed the engagement agreement (“agreement”) with XIB Consulting Inc. (“XIB”) that the Corporation announced on April 7, 2016 and subsequently renewed October 7, 2016.

Should Investors Consider Canopy Growth Corp.?

Should Investors Consider Canopy Growth Corp.?

Investors are incredibly excited about Canopy Growth Corporation. But we’re now looking at a situation where the stock has increased quite aggressively thanks mostly to the belief that the future is bright. And there are still many investors sitting on the sidelines wondering if they should consider this company.

Aphria

Aphria Receives Conditional Approval to Graduate to the TSX

LEAMINGTON, Ontario, Feb. 6, 2017 /Weed Wire/ — Aphria Inc. (“Aphria” or the “Company”) (TSX VENTURE:APH) (OTCQB:APHQF) is pleased to announce it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange and list its common shares on the TSX.

Canopy Growth

Canopy Growth and Mettrum Announce Respective Shareholder Approvals of the Plan of Arrangement

SMITH FALLS, Ontario, Jan. 27, 2017 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth”) (TSX:CGC) and Mettrum Health Corp. (“Mettrum”) (TSX VENTURE:MT) (together, the “Companies”) are pleased to announce the successful results of the Special Meetings of Shareholders of Canopy Growth and Mettrum, held in Smiths Falls, Ontario and Toronto, Ontario, respectively, to approve Canopy Growth’s acquisition of Mettrum by way of a plan of arrangement (the “Arrangement”), as previously announced by the Companies on December 1, 2016.

Canopy-Growth

Canopy Growth Triples Tweed’s Production Potential by Acquiring 1 Hershey Drive

SMITH FALLS, Ontario, Jan. 16, 2017 /Weed Wire/ — Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: CGC) has closed the acquisition of the property at 1 Hershey Drive that currently houses Canopy Growth’s headquarters and the Tweed Inc. (Tweed) production facilities.

Canopy-Growth

Canopy Growth Corporation Completes Previously Announced Bought Deal Financing for $60 million

SMITH FALLS, Ontario, Dec. 22, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or the “Company”) announced that it has closed its previously announced short form prospectus offering on a bought deal basis.

Tweed and Bedrocan and Research Facility

Tweed Advances Research Capabilities and Medical Innovation Through the Receipt of Dealers Licence for Smiths Falls Facility

SMITH FALLS, Ontario, Dec. 12, 2016 /Weed Wire/ — Tweed Inc. (Tweed), a wholly owned subsidiary of Canopy Growth Corporation (Canopy Growth or the Company) (TSX: CGC) has received a Dealers Licence.

Canopy-Growth

Canopy Growth Corporation Announces $60 Million Bought Deal Financing

SMITH FALLS, Ontario, Dec. 5, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX:CGC) (“Canopy Growth” or the “Corporation”) announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. and Dundee Capital Partners.

Canopy-Growth

Canopy Growth Enters Into Agreement to Acquire Mettrum

SMITH FALLS, Ontario, Dec. 1, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or the “Company”) and Mettrum Health Corp. (“Mettrum”) (TSXV: MT) are pleased to announce that they have entered into a definitive arrangement agreement.

Olá R&D: Bedrocan Canada Exports Medical Cannabis to Brazil

Olá R&D: Bedrocan Canada Exports Medical Cannabis to Brazil

On Nov. 23, 2016, Canopy Growth Corporation (TSX:CGC) announced that Bedrocan Canada, one of its subsidiaries, had completed its first export of cannabis to South America, shipping 10 kg of dried cannabis to Brazil for the research and development of cannabis-based therapeutics in the country.

Tweed and Bedrocan and Research Facility

Tweed Receives Approval for World Class Breeding Area

SMITH FALLS, Ontario, Nov. 7, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy” or the “Company”) is pleased to update that its wholly owned subsidiary Tweed Inc. (“Tweed”) has received approval to begin using its new breeding area at 1 Hershey Drive in Smiths Falls, Ontario.

Tweed and Bedrocan and Research Facility

Tweed Farms Receives Sales License and Amended Production License

SMITH FALLS, Ontario, Oct. 24, 2016 /Weed Wire/ — Tweed Farms Inc. (“Tweed Farms” or the “Farm”), a wholly owned subsidiary of Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:CGC) is pleased to announce the receipt of its license to sell dried cannabis products.

Canopy-Growth

Canopy Growth Corporation Renews Agreement with XIB Consulting Inc.

SMITH FALLS, Ontario, Oct. 11, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or the “Corporation”) announced that it has renewed the engagement agreement (“agreement”) with XIB Consulting Inc. (“XIB”) that the Corporation announced on April 7, 2016.

Canopy-Growth

Canopy Growth Corporation Announces Election of Directors

SMITH FALLS, Ontario, Sept. 19, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or “the Corporation”) today announced that all of management’s nominees listed in its August 3, 2016 management information circular were elected as directors.

Canopy-Growth

Canopy Growth Corporation Completes Previously Announced Bought Deal Financing, Including Over-Allotment, For $34.5 Million

SMITH FALLS, Ontario, Aug. 24, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX: CGC) (“Canopy Growth” or the “Company”) announced that it has closed its previously announced short form prospectus offering, on a bought deal basis, including the exercise in full of the underwriters’ over-allotment option.

Canopy Growth

Canopy Growth to Announce First Quarter Fiscal 2017 Financial Results

SMITH FALLS, Ontario, Aug. 22, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX:CGC) (“Canopy Growth”) will release its financial results for the first quarter of fiscal 2017, the three month period ended June 30, 2016 on August 29, 2016.

Tweed and Bedrocan and Research Facility

Tweed Launches Artist-in-Residence Program

SMITH FALLS, Ontario, Aug. 17, 2016 /Weed Wire/ — Tweed Inc. (“Tweed” or “the Company”), wholly owned subsidiary of Canopy Growth Corporation (TSX: CGC) and Canada’s largest marijuana producer today launched an Artist in Residence program in an effort to bring its voice and the dialogue about cannabis into Canada’s artistic communities.

Canopy Growth

Canopy Growth Corporation Announces $25 Million Bought Deal Financing

SMITH FALLS, Ontario, Aug. 8, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX:CGC) (“Canopy Growth” or the “Corporation”) announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P. and Dundee Securities Ltd.

Canopy Growth Corporation and MedCannAccess

Tweed Marijuana Inc. Renamed Canopy Growth Corporation

SMITHS FALLS, ON, Sept. 21, 2015 /CNW/ — At its recent Annual General Meeting, Tweed Marijuana Inc. shareholders voted in favour of changing the company’s trading and corporate name to Canopy Growth Corporation (“CGC” or the “Company”).


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