While the province of Newfoundland and Labrador has its key policies in place for recreational legalization and has secured a supply agreement with Canopy Growth Corporation (TSX:WEED) to provide cannabis for the province, it is now ready to hear from prospective cannabis retailers.
Tag Archives: Canopy Growth Corporation
Province Announces Conditional Acceptance of Proposals to Operate Retail Cannabis Locations
WINNIPEG, Manitoba, Feb. 16, 2018 /Weed Wire/ — Following a request for proposals (RFP) issued on Nov. 7 seeking qualified applicants to operate retail cannabis locations, the Manitoba government has evaluated the submissions according to the criteria established in the RFP and conditionally accepted four proposals.
Deal-Making in the Cannabis Industry Hits an All-Time High
If it seems like there’s been a spurt of deals and potential deals going on in the cannabis industry lately, it’s because that’s exactly what’s happening.
Big Weed is on Board With Trudeau’s Marijuana Tax Plan
Canada’s biggest medical cannabis producers are seeing their stock prices rise after the federal government announced a plan to levy a one dollar per gram tax on recreational marijuana sales.
Western Australia Medicinal Cannabis Gets Green Light
Australian drug regulators have granted what is believed to be the first licence to manufacture and supply medical cannabis in Western Australia.
Why the 3 Hottest Weed Stocks of the Summer Could Get Even Hotter
For many weed stocks, the summer of 2017 hasn’t been what you’d call a scorcher. However, three marijuana stocks have sizzled this summer.
4 Canadian Marijuana Stocks in Great Financial Health
Identifying companies in great financial health is important when investing in an industry like marijuana. That being said, the Canadian marijuana stocks on our list all have current ratios of at least 10x, and debt to equity ratios under 20%.
3 Things to Know About Marijuana Stock Canopy Growth Corporation
Only 51 authorized licenses have been given to suppliers of medical marijuana in Canada. Canopy Growth Corporation holds four of them.
3 Marijuana Stocks to Buy If You’ve Never Bought a Cannabis Stock
Here’s why Scotts Miracle-Gro Company, GW Pharmaceuticals, and Canopy Growth Corporation are three stocks to buy if you’ve never bought a cannabis stock.
AusCann Secures $12 million in Institutional Placement
CARABOODA, Western Australia, May 19, 2017 /Weed Wire/ – AusCann Group Holdings Ltd (ASX:AC8 or “the Company”) is pleased to announce it has successfully raised $12 million (before capital raising costs) via a Placement to institutional and high net worth investors.
3 Charts That Show Why the Marijuana Stock Boom Could Continue
Can marijuana stocks keep going higher? The answer could depend more on the laws of supply and demand than current U.S. laws.
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.
Canopy Growth Corp. Could Crash Over Use of Banned Pesticides
Canopy Growth’s recently acquired Mettrum Ltd. stated that it wrote off $800,000 of costs owing to a series of recalls over the use of a banned pesticides. The staff at Mettrum feared detection from authorities, so they hid the pesticides in the office’s ceiling tiles.
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.
‘WEED’ Launches On the Toronto Stock Exchange
As of Wednesday, traders on the Toronto Stock Exchange can buy and sell “WEED.”
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 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.
Canopy Growth: What to Do Now That the Hype Has Settled Down
Canopy, previously listed on the Canadian Venture Exchange under stock symbol TWD (Tweed was the original company, later consolidated into Canopy), began trading publicly on the Toronto Stock Exchange in July amid great anticipation from investors and financial markets.
Amount Of Canadians Buying Legal MMJ Triples In One Year
The number of Canadians legally signed up to buy medical marijuana has more than tripled in the last year.
Canopy Growth: This $430-Million Deal Is Huge for Pot Stocks
Is Canopy Growth about to become a mega marijuana stock company?
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 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 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 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.
Tweed Launches DNA Certified Products in Canada
SMITH FALLS, Ontario, Sept. 15, 2016 /Weed Wire/ — Tweed Inc. (Tweed), wholly owned subsidiary of Canopy Growth Corporation (Canopy Growth) (TSX: CGC), is pleased today to launch Lemon Skunk in the Tweed store.
Two of Canada’s Big Banks Back Away From Marijuana Industry
TORONTO — Scotiabank and the Royal Bank of Canada say they aren’t providing accounts to companies associated with the marijuana industry, leaving some business owners scrambling to find alternate arrangements.
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 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 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.
Cannabis Makes Headway in Mainstream Pharma
The medical sector of the cannabis industry continues to explode behind constant research and innovative studies for identifying viable cancer treatments and other therapies for different ailments.
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.
Tweed Hosting Free Summer Shindig in Ontario
On Aug. 15, 2016, Tweed Inc., a wholly owned subsidiary of Canopy Growth Corporation (TSXV:CGC), is hosting the Front Yard Shindig, a free concert with multiple artists scheduled to perform on Tweed’s front yard in Smith Falls, Ontario.
Tweed: Coming to a German Pharmacy Near You – Canadian Market Leader Announces Approvals to Have Tweed Products Available For Sale to German Patients This Summer
SMITH FALLS, Ontario, July 25, 2016 /Weed Wire/ — Canopy Growth Corporation (“Canopy” or “the Company”) is pleased to announce that its wholly owned subsidiary Tweed Inc. (“Tweed”), Canada’s largest medical marijuana producer, has received necessary approvals in Canada and Germany to begin export of medical cannabis for sale to German patients.
Canopy Growth Corporation and Bedrocan Canada Launch Brazil Joint Venture
TORONTO, Ontario, June 28, 2016 /Weed Wire/ — Canopy Growth Corporation (TSX.V:CGC) (“CGC” or “Canopy Growth”), announced today the closing of an agreement with São Paulo-based Entourage Phytolab S.A. (“Entourage”), which will see its wholly-owned subsidiary Bedrocan Canada Inc. (“Bedrocan Canada”), Bedrocan International BV (formerly Bedrocan Beheer BV) and local Brazilian partners create a new company called Bedrocan Brazil S.A.
Canopy Growth Corporation Enters Agreement with XIB Consulting Inc.
SMITH FALLS, Ontario, April 7, 2016 /Weed Wire/ — Canopy Growth Corporation (TSXV: CGC) (“Canopy Growth” or the “Company”) announced that it has entered into an engagement agreement with XIB Consulting Inc. (“XIB”), to assist Canopy Growth with corporate development initiatives including, but not limited to, acquisitions, strategic networking and market awareness.
Tweed and Bedrocan Canada Respond to Allard Decision
SMITH FALLS, ON, Feb. 24, 2016 /Weed Wire/ — Today the Federal Court released its decision in the case of Allard et al v. Canada.
Canopy Growth Corporation Officially Acquires MedCannAccess
SMITHS FALLS, ON, Oct. 2, 2015 /CNW/ – Canopy Growth Corporation (TSXV: CGC) (the “Company”), parent company of licensed medical marijuana producers Tweed Inc. (“Tweed”), Tweed Farms Inc. (“Tweed Farms”) and Bedrocan Canada Inc. (“Bedrocan Canada”), is pleased to announce it has officially closed the previously announced acquisition of MedCannAccess (“MCA”) in an all-equity transaction.
Tweed Farms Granted License for Entire 350,000 Square Foot Facility
NIAGARA-ON-THE-LAKE, ON, Sept. 30, 2015 /CNW/ — Tweed Farms Inc. (Tweed Farms), wholly owned subsidiary of Canopy Growth Corporation (TSX.V: CGC) (Canopy Growth), has received Health Canada approval to commence cannabis cultivation in all 350,000 sq. ft. of the facility’s growing space.
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”).