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Canopy Growth Appoints Constellation CFO As The Cannabis Company's New CEO
Monday, December 9, 2019 - 9:06am | 341Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced Monday that David Klein has been hired as the company’s new CEO, effective Jan. 14, 2020. As previously announced, interim CEO Mark Zekulin will resign from the position and also from his seat on the company’s board of...
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Exclusive: Canopy Growth's CEO On The Cannabis Company's Stock Price, Growth Potential, Global Footprint
Wednesday, November 20, 2019 - 2:31pm | 892By Javier Hasse and Natan Ponieman. Canopy Growth Corp (NYSE: CGC) released second-quarter financial results that sent the stock trading lower last week. To better understand what’s going on, Benzinga reached out to CEO Mark Zekulin, who became the company’s public face after...
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Canopy Growth Sells Stake In AusCann For $6.3M
Tuesday, October 15, 2019 - 10:45am | 248Canopy Growth Corporation (TSX:WEED) (NYSE: CGC) said Tuesday it has sold 42 million AusCann Group shares. The company sold AusCann’s shares through an of market block trade at 15 cents per share for gross proceeds of $6.3 million. The sale accounts for Canopy Growth’s total 13.2%...
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Canopy Growth Enters Sports Nutrition Space, Acquires Majority Stake in BioSteel Sports Nutrition
Wednesday, October 2, 2019 - 8:19am | 352Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) said Wednesday it has acquired a majority stake in BioSteel Sports Nutrition Inc. The acquisition offers a new opportunity for Canopy Growth to become part of the sports nutrition and hydration industries and provides the basis for the usage of CBD...
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Canopy Growth CEO Talks Leadership Concerns, Vaping, Beverages, Acreage Deal
Tuesday, September 24, 2019 - 10:46am | 589Canopy Growth Corp (NYSE: CGC) is larger than any one CEO, as it boasts thousands of employees across five continents and a strong portfolio of intellectual property, outgoing CEO Mark Zekulin told CNBC's Jim Cramer. Leadership Talks The Canadian cannabis company fired co-CEO Bruce Linton...
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Canopy Growth Gains Key Extraction License, Now Runs 3 Extraction Assets
Tuesday, August 20, 2019 - 8:18am | 283Canopy Growth Corporation (TSX: WEED)(NYSE:CGC) announced Tuesday it has gained Health Canada’s license for its KeyLeaf Life Sciences facility in Saskatoon, Saskatchewan. With this addition, the company now runs three substantial extraction assets, with the other two being Smiths Falls site...
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Canopy Growth Acquires Medical Research Company To Expand R&D Initiatives
Friday, August 9, 2019 - 8:26am | 338Canopy Growth Corp (NYSE: CGC) said Friday it reached an agreement to acquire Beckley Canopy Therapeutics, a global cannabinoid-based medical research company. What Happened Beckley Canopy was created in early 2018 as part of a joint venture between Beckley Research & Innovation to better study...
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Bank Of America Remains Bullish On Canopy Growth Despite The 'End Of An Era'
Wednesday, July 3, 2019 - 1:07pm | 402Canopy Growth Corp (NYSE: CGC) has parted ways with founder and co-CEO Bruce Linton and this marks an "end of an era," according to Bank of America. The Analyst Bank of America's Christopher Carey maintains a Buy rating on Canopy Growth with a $53 price target. Need more cannabis...
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Canopy Growth's Bruce Linton Out As Co-CEO: 'My Turn Is Over'
Wednesday, July 3, 2019 - 8:22am | 567Bruce Linton founded Canopy Growth Corp (NYSE: CGC) in 2013 and was the public face of the Canadian cannabis company until his resignation Wednesday. What Happened Canopy Growth announced Linton will step down as co-CEO and board member, effective immediately. The company's other co-CEO, Mark...