 | |
| Company type | Medical marijuana and, in Canada, recreational marijuana |
|---|---|
| TSX: WEED Nasdaq: CGC | |
| ISIN | CA1380351009 |
| Industry | Cannabis |
| Predecessor | Tweed Marijuana Inc. Bedrocan Canada Inc. |
| Founded | 2013 |
| Founders | Bruce Linton, Mark Zekulin, Chuck Rifici |
| Headquarters | , |
Area served | Worldwide |
| Products | Medical cannabis, recreational cannabis |
| Revenue |  Can$297.15 million (2024)[1] |
 Can$ -657.27 million (2024)[1] | |
| Total assets | Can$1.30 billion (2024)[1] |
| Total equity | Can$500.51 million (2024)[1] |
Number of employees | 1,029 (2024) |
| Website | www www www |
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
In April 2019, Canopy was the world's largest cannabis company based on the value of all shares or market capitalization.[2] At that time, Constellation Brands Inc. controlled over 35% percent of the company which had approximately 3,200 employees.[3] The year 2019 created new challenges for the company however, with its stock price dropping by about 32%.[4] In the next two years (to the end of 2021) its shares dropped an additional 55%. In September 2022, the company announced divestiture of its Canadian retail operations, selling its 28 retails stores across the country to other cannabis companies.[5]
- ^ a b c d "Canopy Growth Corporation". canopy growth. Retrieved 18 June 2023.
- ^ "Canopy Growth Is Near a Deal to Acquire Acreage Holdings". Blommberge. 17 April 2019. Retrieved 19 April 2019.
- ^ "Marijuana Bet Paying Off for Alcohol Giant Constellation Brands". Blommberge. 18 April 2019. Retrieved 19 April 2019.
- ^ "Canopy names Constellation's David Klein as its new CEO". Bloomberg News. 10 December 2019. Retrieved 9 December 2019.
- ^ "Canada reviews its Cannabis Act, 4 years after it legalized marijuana". 30 September 2022.