Tag: CBT > Canopy Growth Canadian LP

Finance

SEC Fines Acreage Holdings $225,000 Over ‘Materially False’ Financial Statements

The company, that Canopy USA recently acquired, submitted the settlement offer, which the SEC accepted as a penalty for a violation from 2019.

January 13, 2025

Finance

Canopy Growth Makes Early Prepayment, Reducing Term Loan by US$100 Million

The Canadian cannabis company’s prepayment improves its balance sheet and ensures a maturity extension to at least December 2026.

October 18, 2024

Industry Headlines

Canopy Growth CEO to Retire at End of Company’s Fiscal Year

The cannabis company initiated a comprehensive selection process to identify David Klein’s successor.

August 19, 2024

Finance

Canopy Growth Establishes US$250 Million At-The-Market Program To Further Enhance the Company's Financial Position And Facilitate Growth

Global cannabis company Canopy Growth Corporation has established an at-the-market equity program (the 'ATM Program') that allows the company to issue and sell up to US$250 million (or its Canadian dollar equivalent) of common shares of the company from treasury from time to time in concurrent public offerings in the United States and Canada.

June 6, 2024

Finance

Acreage Announces Corporate Transactions Associated With Canopy USA Deal

The acquisition of Acreage by Canopy USA is expected to close in the first half of 2025.

June 4, 2024

Finance

Canopy Growth Announces US$30 Million Private Placement

The purpose of the offering is to provide the company with additional liquidity to further strengthen its financial position.

January 10, 2024

Industry Headlines

Canopy Growth Completes Sale of Hershey Drive Facility

The facility was sold to Hershey Canada, Inc. for approximately CAD$53 million.

October 2, 2023

Finance

Canopy Growth Seeks Bankruptcy for BioSteel Business

The embattled Canadian cannabis producer has obtained creditor protection for the business unit and plans to seek permission to sell the BioSteel assets.

September 14, 2023

Finance

Canopy Growth Files Revised Proxy Statement, Modifies Canopy USA Structure to Comply With Nasdaq Requirements

The company is advancing its Canopy USA strategy, designed to accelerate entry into the U.S. cannabis market.

May 23, 2023

Top Stories

Tight on Time: Can Canada’s Licensed Producers Hang On?

Four years after adult-use legalization, cultivators say regulatory policies are exacerbating the challenges they face. Without urgent reform, many businesses might not survive.

March 2, 2023

Finance

Canopy Growth Announces $150 Million Registered Direct Offering

The agreement with an institutional investor is part of the company’s focus to accelerate an entry into the U.S. market.

February 21, 2023

New York

Canopy Growth to Ring Nasdaq Opening Bell

The Canada-based cannabis operator announced last month its accelerated plan to enter the U.S. market through a new holding company.

December 9, 2022