Canopy Growth

Celltrion, Inc. & Celltrion Healthcare Co., Ltd. Announce Shareholders Approval of Merger

Retrieved on: 
Monday, October 23, 2023
Research, Finance, Professional Services, Biotechnology, Health, Pharmaceutical, General Health, Other Professional Services, Science, Retirement, Celltrion, FDA, Treasury, E-GMS, News, Sheraton Grand Incheon Hotel, Canopy Growth, Songdo Convensia, Acquisition, KRW, Multimedia, Pharmaceutical industry, Security (finance), Retail

Celltrion Group announced that the merger agreement between Celltrion, Inc. (KRX:068270) (“Celltrion”) and Celltrion Healthcare Co., Ltd. (KOSDAQ:091990) (“Celltrion Healthcare”) was approved at the extraordinary general meeting of shareholders (“EGM”) of the two companies held at Songdo Convensia and Sheraton Grand Incheon Hotel, respectively, on October 23, 2023.

Key Points: 
  • Celltrion Group announced that the merger agreement between Celltrion, Inc. (KRX:068270) (“Celltrion”) and Celltrion Healthcare Co., Ltd. (KOSDAQ:091990) (“Celltrion Healthcare”) was approved at the extraordinary general meeting of shareholders (“EGM”) of the two companies held at Songdo Convensia and Sheraton Grand Incheon Hotel, respectively, on October 23, 2023.
  • Under the merger plan, Celltrion will merge Celltrion Healthcare and issue Celltrion shares to Celltrion Healthcare shareholders.
  • Celltrion Healthcare shareholders will receive 0.4492620 shares of Celltrion for each Celltrion Healthcare share they own.
  • The merger price per share is KRW 148,853 for Celltrion and KRW 66,874 for Celltrion Healthcare.

STORZ & BICKEL Unveils the VENTY, an Innovative New Portable Vaporizer

Retrieved on: 
Tuesday, October 17, 2023
TSX, Canopy Growth, Temperature, Convection, Love, Bluetooth, Jack Bickell, Learning, Online shopping

TUTTLINGEN, Germany, Oct. 17, 2023 /PRNewswire/ - STORZ & BICKEL GmbH ("STORZ & BICKEL"), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC ), today announced the anticipated launch of the VENTY, STORZ & BICKEL's state-of-the-art portable vaporizer for dry herbs.

Key Points: 
  • TUTTLINGEN, Germany, Oct. 17, 2023 /PRNewswire/ - STORZ & BICKEL GmbH ("STORZ & BICKEL"), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC ), today announced the anticipated launch of the VENTY, STORZ & BICKEL's state-of-the-art portable vaporizer for dry herbs.
  • The VENTY will officially be launched by a global keynote hosted by Jürgen Bickel, Founder and Managing Director, STORZ & BICKEL taking place today, October 17, 2023, at 12pm ET.
  • It follows our objective to deliver the highest quality vaporizer experience possible from any device" said Jürgen Bickel, Founder and Managing Director, STORZ & BICKEL.
  • Continued Bickel, "The VENTY is a powerful addition to the growing STORZ & BICKEL portfolio.

Rare Beauty Dominates Hispanic-Owned Beauty Brands for Earned Media Value So Far in 2023

Retrieved on: 
Wednesday, October 4, 2023
Share, Beauty, Marketing, Cosmetics, Charlotte Tilbury, EMV, Rare Beauty, MAC, Canopy Growth, Yoy, Growth, LOS, Payment card, Benefit

LOS ANGELES, Oct. 4, 2023 /PRNewswire-PRWeb/ -- CreatorIQ, the industry leader in creator intelligence and marketing solutions, today released a report identifying the Hispanic-owned beauty brands with the largest Share of Influence so far in 2023, as measured by Earned Media Value (EMV).

Key Points: 
  • CreatorIQ's latest Share of Influence report examines Hispanic-owned cosmetic companies and how creators are fueling year-over-year growth in Earned Media Value, impressions and more.
  • LOS ANGELES, Oct. 4, 2023 /PRNewswire-PRWeb/ -- CreatorIQ , the industry leader in creator intelligence and marketing solutions, today released a report identifying the Hispanic-owned beauty brands with the largest Share of Influence so far in 2023, as measured by Earned Media Value (EMV).
  • Rare Beauty, founded and owned by singer and actress Selena Gomez, takes the top spot, with creators generating a massive $410.5 million EMV for the brand January through August 2023.
  • The top five Hispanic-owned beauty brands for January-August this year by EMV are:

Global Cannabis Market Projected To Reach $444 Billion By 2030 As Consumption and Demand Skyrockets

Retrieved on: 
Monday, October 2, 2023
PALM, Medicine, Crumble, GAAP, Happening, Patient, Collection, Transaction, Tongue, News, Edible, Pharmacy, OTCQB, FNM, Flower, Canopy Growth, Unit, Research, Attention, USD, Designated activity company, TSX, Security (finance), THC, Smoking, Skin, NOT, CGC, TLRY, United Nations Office on Drugs and Crime, UNODC, Partnership, Inhalation, United Nations, Form 10-K, NEVER, Nova, ANY, Joint, Annual report, Drug, Tea, Bank, Crime, Cronos

PALM BEACH, Fla., Oct. 2, 2023 /PRNewswire/ -- The global cannabis markets has been growing in recent years and is expected to continue through this decade. Marijuana legalization is gaining momentum across the globe. This momentum is driven primarily by the increasing recognition that the product may have a range of legitimate medicinal benefits and therapeutic applications. It is the most widely cultivated, trafficked, and consumed drug worldwide, according to the United Nations Office on Drugs and Crime (UNODC). A growing number of jurisdictions have established legal frameworks for the non-medicinal use of adults, including social, religious, and cultural purposes. Furthermore, formalizing activities related to the product's cultivation, production, and trade in a (legally regulated) legal marijuana market will facilitate access to information and increased consumption among consumers, which is expected to provide opportunities for the market in the upcoming years. A report from Fortune Business Insights projected that the global cannabis market size was valued at USD 43.72 billion in 2022 and is projected to grow from USD 57.18 billion in 2023 to USD 444.34 billion by 2030, exhibiting a CAGR of 34.03% during the forecast period.  Active Companies from around the market with current developments this week include:  Leafbuyer Technologies, Inc. (OTCQB: LBUY), Cronos Group Inc. (NASDAQ: CRON), Canopy Growth Corporation (NASDAQ: CGC), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY).

Key Points: 
  • A report from Fortune Business Insights projected that the global cannabis market size was valued at USD 43.72 billion in 2022 and is projected to grow from USD 57.18 billion in 2023 to USD 444.34 billion by 2030, exhibiting a CAGR of 34.03% during the forecast period.
  • In July, Cronos signed a distribution agreement with Cansativa Group ("Cansativa"), one of the leading distributors of medical cannabis in Germany.
  • Cansativa is a market leader in the medical cannabis market and is a driving force in the German cannabis industry.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Global Cannabis Market Projected To Reach $444 Billion By 2030 As Consumption and Demand Skyrockets

Retrieved on: 
Monday, October 2, 2023
PALM, Medicine, Crumble, GAAP, Happening, Patient, Collection, Transaction, Tongue, News, Edible, Pharmacy, OTCQB, FNM, Flower, Canopy Growth, Unit, Research, Attention, USD, Designated activity company, TSX, Security (finance), THC, Smoking, Skin, NOT, CGC, TLRY, United Nations Office on Drugs and Crime, UNODC, Partnership, Inhalation, United Nations, Form 10-K, NEVER, Nova, ANY, Joint, Annual report, Drug, Tea, Bank, Crime, Cronos

PALM BEACH, Fla., Oct. 2, 2023 /PRNewswire/ -- The global cannabis markets has been growing in recent years and is expected to continue through this decade. Marijuana legalization is gaining momentum across the globe. This momentum is driven primarily by the increasing recognition that the product may have a range of legitimate medicinal benefits and therapeutic applications. It is the most widely cultivated, trafficked, and consumed drug worldwide, according to the United Nations Office on Drugs and Crime (UNODC). A growing number of jurisdictions have established legal frameworks for the non-medicinal use of adults, including social, religious, and cultural purposes. Furthermore, formalizing activities related to the product's cultivation, production, and trade in a (legally regulated) legal marijuana market will facilitate access to information and increased consumption among consumers, which is expected to provide opportunities for the market in the upcoming years. A report from Fortune Business Insights projected that the global cannabis market size was valued at USD 43.72 billion in 2022 and is projected to grow from USD 57.18 billion in 2023 to USD 444.34 billion by 2030, exhibiting a CAGR of 34.03% during the forecast period.  Active Companies from around the market with current developments this week include:  Leafbuyer Technologies, Inc. (OTCQB: LBUY), Cronos Group Inc. (NASDAQ: CRON), Canopy Growth Corporation (NASDAQ: CGC), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY).

Key Points: 
  • A report from Fortune Business Insights projected that the global cannabis market size was valued at USD 43.72 billion in 2022 and is projected to grow from USD 57.18 billion in 2023 to USD 444.34 billion by 2030, exhibiting a CAGR of 34.03% during the forecast period.
  • In July, Cronos signed a distribution agreement with Cansativa Group ("Cansativa"), one of the leading distributors of medical cannabis in Germany.
  • Cansativa is a market leader in the medical cannabis market and is a driving force in the German cannabis industry.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

ArcStone Securities and Investments Corp. to Spearhead Pioneering 3rd Wave of Drug Reform and Plant Medicine Panel at the Benzinga Event in Chicago

Retrieved on: 
Tuesday, September 26, 2023
Aurora, Tata Investment Corp, IPO, Canopy Growth, CSE, Investment, Harbor, CPG, Policy, Global health, Aurora Cannabis, Sundial, Cannabis, Ecosystem, Drug, Tilray

Chicago, Illinois--(Newsfile Corp. - September 26, 2023) - ArcStone Securities and Investments Corp. ("ArcStone") proudly announces its trailblazing support and participation at the upcoming Benzinga event from September 27 to 28 in Chicago.

Key Points: 
  • Chicago, Illinois--(Newsfile Corp. - September 26, 2023) - ArcStone Securities and Investments Corp. ("ArcStone") proudly announces its trailblazing support and participation at the upcoming Benzinga event from September 27 to 28 in Chicago.
  • This year's highlight will be the world's inaugural panel focusing on the 3rd wave of drug reform and the surrounding ecosystem, from coca leaf nutraceuticals and CPG products to testing and narcotic laboratory investments.
  • Benzinga's events consistently assemble a unique mix of investors, dealmakers, companies, and advisors keen on identifying emerging trends.
  • Leaders in the cannabis sphere, including Canopy Growth, Tilray, Sundial, and Aurora Cannabis, will be in attendance, emphasizing the event's significance.

Canopy Growth Announces Results of Annual General and Special Meeting of Shareholders

Retrieved on: 
Tuesday, September 26, 2023
Canopy Growth, TSX, Proxy, Meeting, Security (finance), Holding company

SMITHS FALLS, ON, Sept. 26, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, today announced the voting results from its annual general and special meeting of shareholders held on September 25, 2023 (the "Meeting").

Key Points: 
  • SMITHS FALLS, ON, Sept. 26, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, today announced the voting results from its annual general and special meeting of shareholders held on September 25, 2023 (the "Meeting").
  • A total of 350,593,653 common shares of the Company (the "Shares"), representing 48.88% of the issued and outstanding Shares, were voted in connection with the Meeting by the Company's shareholders and proxy holders.
  • Each of the directors listed as a nominee in the Proxy Statement was elected at the Meeting to serve as a director of the Company until the Company's next annual shareholders meeting or until his or her successor is duly elected or appointed.
  • The detailed results of the vote for the election of directors held at the Meeting are set out below:

Canopy Growth to Cease Funding BioSteel Business Unit Furthering Business Transformation and Focus on North American Cannabis Leadership

Retrieved on: 
Thursday, September 14, 2023
Ontario Superior Court of Justice, Bankruptcy, Canopy Growth, CGC, State Administrative Expenses, Chapter 15, Title 11, United States Code, CAD, CCAA, GAAP, Sale, EBITDA, Acquisition, Investment, Cost, Bankruptcy Code, BioSteel Sports Nutrition, TSX, Depreciation, Adjustment, BioSteel, Security (finance), Drug, Bookkeeping, 3D printing

As part of its efforts to simplify its business and reduce cash burn, Canopy Growth previously announced that it was reviewing strategic options for the Company's BioSteel business unit, including a potential sale of the business unit.

Key Points: 
  • As part of its efforts to simplify its business and reduce cash burn, Canopy Growth previously announced that it was reviewing strategic options for the Company's BioSteel business unit, including a potential sale of the business unit.
  • The decision by BioSteel to seek creditor protection means that Canopy Growth will limit the further funding obligations in respect of the BioSteel business unit, which is consistent with Canopy Growth's transformation to a simplified, asset-light operating model and focus on its core cannabis operations.
  • Further, the Company anticipates the removal of the previously identified material weakness related to the BioSteel business segment upon disposition.
  • Canopy Growth remains BioSteel Canada's largest creditor and shareholder and anticipates receiving its proportionate share of any recoveries in the CCAA process.

Valley of Mother of God Gin accelerates growth with the appointment of Dave Bigioni as VP Marketing and Sales

Retrieved on: 
Thursday, September 14, 2023
Canopy Growth, God, Life, Marketing, Molson Coors, All, Negroni, LCBO, Restaurant, Social media, Unilever

Toronto, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Foxglove Spirits Ltd. announces the appointment of marketing veteran, Dave Bigioni as Vice President of Marketing and Sales.

Key Points: 
  • Toronto, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Foxglove Spirits Ltd. announces the appointment of marketing veteran, Dave Bigioni as Vice President of Marketing and Sales.
  • Foxglove Spirits Ltd. is the purveyor of the critically acclaimed and award-winning, Valley of Mother of God Gin , which currently comes in Canadian Dry and Maplewood Smoked Gin variants.
  • “The timing of bringing Dave in to spearhead our marketing and sales team is strategic.
  • Founded by life and business partners Malcolm Roberts and Shelly Perry in 2017, Valley of Mother of God Gin launched in LCBO in spring 2020.

Canopy Growth Announces Fall 2023 Investor Conference and Event Participation

Retrieved on: 
Wednesday, September 13, 2023
International Life Sciences Institute, Canopy Growth, CGC, US, TSX, Conference, Cryptocurrency

SMITHS FALLS, ON, Sept. 13, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced planned participation at investor conferences and events in September.

Key Points: 
  • SMITHS FALLS, ON, Sept. 13, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced planned participation at investor conferences and events in September.
  • Mr. Klein and Canopy Growth CFO Judy Hong will also participate in investor meetings on site.
  • Alliance Global Partners Virtual Consumer Cannabis Conference, October 4, 2023: CEO David Klein and CFO Judy Hong will participate in the conference and attend investor meetings.
  • The Company plans to disclose additional investor conference participation for the remainder of the fall in due course.