Canopy Growth

Wherehouse Beverage Company Announces New Executive Hires

Retrieved on: 
Monday, August 28, 2023

PENNSBURG, Pa., Aug. 28, 2023 /PRNewswire/ -- Wherehouse Beverage Company, makers of WYNK and COUNTDOWN THC beverages, today announced the hire of two key executives to join its senior leadership team.

Key Points: 
  • PENNSBURG, Pa., Aug. 28, 2023 /PRNewswire/ -- Wherehouse Beverage Company, makers of WYNK and COUNTDOWN THC beverages, today announced the hire of two key executives to join its senior leadership team.
  • She is the founder of Boardroom Brew Beverage Consulting and former board member of Storz and Bickel.
  • "We are pleased to welcome Sol and Phil to Wherehouse Beverage and have them share in our mission to build a next-generation beverage company," said Angus Rittenburg, COO of Wherehouse Beverage Co. "They both bring deep industry insights and innovative thinking to their roles, helping us grow our flagship THC beverage brands, WYNK and COUNTDOWN, and creating new beverage experiences for emerging lifestyles."
  • Added Phil McFarland, General Manager of THC Beverages, Wherehouse Beverage Co., "My experience in the cannabis and craft beer industries will parlay nicely into my new role at Wherehouse Beverage, where quality, consistency, taste and potency are paramount."

Brazilian Entrepreneur Bringing Revolutionary Hemp Products to U.S. Marketplace

Retrieved on: 
Monday, August 28, 2023

Founded by Brazilian entrepreneur Caio Abreu, who was deeply inspired by personal experiences and the transformative power of hemp, the company is poised to redefine the industry.

Key Points: 
  • Founded by Brazilian entrepreneur Caio Abreu, who was deeply inspired by personal experiences and the transformative power of hemp, the company is poised to redefine the industry.
  • It was during her treatments in 2006 that he first learned of the potential benefits of hemp extracts.
  • In 2015, with a deep understanding of the Brazilian cannabis scene, Abreu launched Entourage Phytolab.
  • This alliance provided access to pharmaceutical-grade hemp flower from Bedrocan, setting the stage for rigorous research, development, and trials.

Nano Dimension’s Dissident Shareholder Murchison Ltd.’s Owner, Marc Bistricer’s Case is Scheduled For Continued Hearing Processes During the Rest of 2023 Before Capital Markets Tribunal (the “Tribunal”) in Canada

Retrieved on: 
Friday, August 25, 2023

Waltham, Mass., Aug. 25, 2023 (GLOBE NEWSWIRE) --  Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that Marc Yuda Bistricer (“Bistricer”) Case (File No. 2022-24) stood for a hearing before Capital Markets Tribunal in Toronto, Ontario, Canada, after the Tribunal, on May 8, 2023, dismissed a motion brought by Bistricer for additional disclosure of documents.1

Key Points: 
  • The Ontario Securities Commission (the “OSC”) Staff Seeking Orders from the Tribunal That Murchison Owner, Marc Bistricer:
    Waltham, Mass., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd .
  • (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that Marc Yuda Bistricer (“Bistricer”) Case (File No.
  • OSC staff has requested that the Tribunal make, among others, the following orders:
    “… Mr. Bistricer resign from any position he may hold as a director or officer of a registrant, “… Mr. Bistricer be prohibited from becoming or acting as a director or officer of a registrant permanently.
  • Those short sales may have curbed increases in, or reduced, the closing price, affecting the offering price and lowering Canopy’s net proceeds.”
    “…Respondents’ conduct was abusive and contrary to the animating principles of Ontario securities law…undermined the investor protection… undercut the timely, accurate and efficient disclosure of information…”
    Respondents sought to minimize the timely, accurate and efficient disclosure of information non-disclosure reduced the risk of regulatory action because the entirety of the series of transactions was hidden.

Canopy Growth to Hold Virtual Annual General and Special Meeting of Shareholders

Retrieved on: 
Friday, August 18, 2023

SMITHS FALLS, ON, Aug. 18, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) announced today that the Company will hold its 2023 Annual General and Special Meeting in a virtual format.

Key Points: 
  • SMITHS FALLS, ON, Aug. 18, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) announced today that the Company will hold its 2023 Annual General and Special Meeting in a virtual format.
  • The meeting will begin at 1:00 PM ET on September 25, 2023, and will be conducted by live audio webcast at www.virtualshareholdermeeting.com/WEED2023 .
  • Shareholders of record as of the close of business on August 3, 2023, and shareholders holding a legal proxy for the meeting, are eligible to vote at the meeting.
  • Shareholders will find important information and detailed instructions about how to participate in our virtual meeting in the proxy statement that is available at: https://www.canopygrowth.com/investors/investor-events/annual-general-an... .

Acreage Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023

NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the second quarter ended June 30, 2023 (“Q2 2023”).

Key Points: 
  • NEW YORK, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., today reported its financial results for the second quarter ended June 30, 2023 (“Q2 2023”).
  • Consolidated revenue of $58.1 million, an increase of 3.8% compared to quarter ended March 31, 2023 (“Q1 2023”).
  • Excluding the impact of non-cash inventory adjustments, gross margin for Q2 2023 was 44%.
  • Expanded the Company’s leadership team to include deep cannabis operational expertise, and appointed Dennis Curran to Chief Executive Officer and Carl Nesbitt to Chief Financial Officer.

Acreage Further Streamlines Board of Directors

Retrieved on: 
Friday, August 4, 2023

NEW YORK, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced today that in connection with the Company’s efforts to right-size it’s governance structure, Kevin Murphy, Chairman of the Board of Directors (the “Board”), and Brian Mulroney, Board member, are stepping down from their respective roles effective August 4, 2023.

Key Points: 
  • NEW YORK, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced today that in connection with the Company’s efforts to right-size it’s governance structure, Kevin Murphy, Chairman of the Board of Directors (the “Board”), and Brian Mulroney, Board member, are stepping down from their respective roles effective August 4, 2023.
  • Dennis Curran, Chief Executive Officer of the Company, will assume the role of Chairman of the Board upon Mr. Murphy’s resignation.
  • In connection with this initiative, the Company is evaluating corporate governance actions that would reduce its number of required Board members to three.
  • “As Founder of Acreage and Chairman of the Board since its inception, Kevin has shown an unwavering commitment to the advancement of the Company’s strategic vision and the growth of the cannabis industry as a whole,” said Dennis Curran, Chief Executive Officer of Acreage.

Canopy Growth to Report First Quarter Fiscal 2024 Financial Results on August 9, 2023

Retrieved on: 
Wednesday, July 26, 2023

SMITHS FALLS, ON, July 26, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the first quarter fiscal year 2024 ended June 30, 2023 after markets close on August 9, 2023.

Key Points: 
  • SMITHS FALLS, ON, July 26, 2023 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the first quarter fiscal year 2024 ended June 30, 2023 after markets close on August 9, 2023.
  • Following the release of its first quarter fiscal year 2024 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on August 9, at 5:30 PM Eastern Time.

CGC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 24, 2023 in the Class Action Filed on Behalf of Canopy Growth Corporation Shareholders

Retrieved on: 
Monday, July 24, 2023

NEW YORK, July 24, 2023 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Canopy Growth Corporation (NASDAQ: CGC) alleging that the Company violated federal securities laws.

Key Points: 
  • NEW YORK, July 24, 2023 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Canopy Growth Corporation (NASDAQ: CGC) alleging that the Company violated federal securities laws.
  • WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Canopy Growth you have until July 24, 2023 to petition the court for lead plaintiff status.
  • Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
  • HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the CGC lawsuit, please contact J. Klein, Esq.

CGC DEADLINE TOMORROW: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Canopy Growth Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important July 24 Deadline in Securities Class Action – CGC

Retrieved on: 
Sunday, July 23, 2023

WHAT TO DO NEXT: To join the Canopy Growth class action, go to https://rosenlegal.com/submit-form/?case_id=16092 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Canopy Growth class action, go to https://rosenlegal.com/submit-form/?case_id=16092 or call Phillip Kim, Esq.
  • If you wish to serve as lead plaintiff, you must move the Court no later than July 24, 2023.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

CANOPY DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Canopy Growth Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, July 22, 2023

Investors have until July 24, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until July 24, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Click here to participate in the action.
  • Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.
  • There is no cost or obligation to you.