Edition:
United States

Canopy Growth Corp (WEED.TO)

WEED.TO on Toronto Stock Exchange

58.15CAD
23 Jan 2019
Change (% chg)

$-0.10 (-0.17%)
Prev Close
$58.25
Open
$58.59
Day's High
$59.59
Day's Low
$56.84
Volume
3,293,807
Avg. Vol
4,403,971
52-wk High
$76.68
52-wk Low
$20.85

Latest Key Developments (Source: Significant Developments)

Constellation Brands Reports Qtrly Comparable Basis EPS Of $2.37
Wednesday, 9 Jan 2019 07:30am EST 

Jan 9 (Reuters) - Constellation Brands Inc ::CONSTELLATION BRANDS REPORTS THIRD QUARTER FISCAL 2019 RESULTS.QTRLY REPORTED BASIS EPS OF $1.56.QTRLY COMPARABLE BASIS EPS OF $2.37.UPDATES FISCAL 2019 REPORTED BASIS EPS OUTLOOK TO $12.95 - $13.05.Q3 EARNINGS PER SHARE VIEW $2.06 -- REFINITIV IBES DATA.QTRLY REPORTED NET SALES $1,973 MILLION, UP 9 PERCENT.UPDATES FISCAL 2019 COMPARABLE BASIS EPS OUTLOOK TO $9.20 - $9.30.CONSTELLATION BRANDS - AFFIRMS FISCAL 2019 OPERATING CASH FLOW TARGET OF ABOUT $2.45 BILLION AND FREE CASH FLOW PROJECTION OF $1.2 - $1.3 BILLION.SEES FY 2019 CAPITAL EXPENDITURES OF $1.15 BILLION - $1.25 BILLION.CONSTELLATION BRANDS - FISCAL 2019 REPORTED BASIS AND COMPARABLE BASIS EPS OUTLOOK INCLUDES ADDITIONAL INTEREST EXPENSE FOR CANOPY FINANCING.CONSTELLATION BRANDS - FISCAL 2019 REPORTED BASIS AND COMPARABLE BASIS EPS OUTLOOK EXCLUDES Q4 CANOPY EQUITY EARNINGS.CONSTELLATION BRANDS - FOR FISCAL 2019, THE BEER BUSINESS NOW EXPECTS NET SALES GROWTH TO BE AT THE HIGH END OF THE 9 - 11% RANGE.CONSTELLATION-ESTIMATES INTEREST EXPENSE ASSOCIATED WITH CANOPY GROWTH TRANSACTION TO ABOUT $55 MILLION BEFORE TAX WITH ABOUT $0.25 IMPACT ON FISCAL 2019 EPS.WINE AND SPIRITS BUSINESS NOW EXPECTS NET SALES AND OPERATING INCOME TO DECLINE LOW-SINGLE DIGITS FOR FISCAL 2019.$164 MILLION DECREASE IN FAIR VALUE OF CANOPY INVESTMENTS RECOGNIZED FOR Q3.FY2019 EARNINGS PER SHARE VIEW $9.43 -- REFINITIV IBES DATA.Q3 REVENUE VIEW $1.91 BILLION -- REFINITIV IBES DATA.  Full Article

Organigram And Canopy Growth Partner In Newfoundland And Labrador
Thursday, 20 Sep 2018 07:00am EDT 

Sept 20 (Reuters) - Canopy Growth Corp ::ORGANIGRAM & CANOPY GROWTH PARTNER IN NEWFOUNDLAND AND LABRADOR BY SIGNING SUPPLY AGREEMENT INCLUDING DISTRIBUTION AND RETAIL SERVICES.CANOPY GROWTH CORP - ORGANIGRAM HOLDINGS AND CANOPY GROWTH HAVE SIGNED A TWO-YEAR SUPPLY AND DISTRIBUTION AGREEMENT.  Full Article

Canopy Growth Corp Announces Offering Of C$400.0 Mln Of Convertible Senior Notes Due 2023
Wednesday, 13 Jun 2018 05:35pm EDT 

June 13 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH CORPORATION ANNOUNCES OFFERING OF C$400.0 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2023.  Full Article

Canopy Growth Enters Agreement To Acquire Outstanding Shares Of Research Arm Canopy Health Innovations
Tuesday, 15 May 2018 07:23am EDT 

May 15 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH ENTERS AGREEMENT TO ACQUIRE OUTSTANDING SHARES OF RESEARCH ARM CANOPY HEALTH INNOVATIONS.CANOPY GROWTH CORP - SHAREHOLDERS OF CHI WILL RECEIVE 0.3790 COMMON SHARES OF COMPANY FOR EACH COMMON SHARE OF CHI HELD.CANOPY GROWTH CORP - WILL ISSUE OPTIONS TO BUY SHARES OF CO FOR OPTIONS PREVIOUSLY ISSUED BY CHI AND CANOPY ANIMAL HEALTH.CANOPY GROWTH - CO, CHI, CANOPY ANIMAL HEALTH ENTERED INTO AGREEMENT PURSUANT TO WHICH CO WILL BUY UNOWNED INTEREST IN CHI, CANOPY ANIMAL HEALTH.CANOPY GROWTH - IN AGGREGATE, WILL ISSUE ABOUT 3 MILLION SHARES, HAVING VALUE OF $91.6 MILLION WITH OPTIONS HAVING "IN-THE-MONEY" VALUE OF $9.7 MILLION.CANOPY GROWTH CORP - CHI MANAGEMENT TEAM WILL REMAIN IN PLACE.  Full Article

Canopy Growth And Canopy Rivers Announce Strategic Agreement With Livewell Foods
Thursday, 5 Apr 2018 07:47am EDT 

April 5 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH AND CANOPY RIVERS ANNOUNCE STRATEGIC AGREEMENT WITH LIVEWELL FOODS.AS PART OF DEAL, SUBJECT TO COMPLETION OF CERTAIN MILESTONES, CANOPY GROWTH AND CANOPY RIVERS, WILL EACH BE ISSUED EQUITY IN LIVEWELL.‍AS PART OF AGREEMENT, SUBJECT TO COMPLETION OF CERTAIN MILESTONES, CANOPY GROWTH, CANOPY RIVERS, WILL EACH BE ISSUED EQUITY IN LIVEWELL​.‍LIVEWELL HAS OPTION TO DRAW ON UP TO $20 MILLION OF DEBT FINANCING FROM CANOPY RIVERS TO SUPPORT LIVEWELL'S CONTINUED GROWTH INITIATIVES​.LIVEWELL HAS ALSO RECEIVED AN INITIAL PURCHASE AGREEMENT FROM CANOPY, FOR CANNABIS PRODUCTION AT OTTAWA PROJECT.  Full Article

Canopy Growth Says Conditionally Selected By Manitoba Government To Operate Cannabis Retail Stores In Province
Friday, 16 Feb 2018 07:37am EST 

Feb 16 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH SUCCESSFUL IN BID TO OPERATE PRIVATE RETAIL STORES IN MANITOBA.CANOPY GROWTH CORP - HAS BEEN CONDITIONALLY SELECTED BY GOVERNMENT OF MANITOBA TO OPERATE CANNABIS RETAIL STORES IN PROVINCE.  Full Article

Canopy Growth Corp Reports Qtrly Earnings Per Share $0.01
Wednesday, 14 Feb 2018 07:00am EST 

Feb 14 (Reuters) - Canopy Growth Corp ::ORATION REPORTS THIRD QUARTER FISCAL 2018 FINANCIAL RESULTS: FOCUSSED ON EXECUTION.QTRLY EARNINGS PER SHARE $0.01.INVENTORY AT DECEMBER 31, 2017 AMOUNTED TO $93.2 MILLION VERSUS $46 MILLION AT MARCH 31, 2017.QTRLY REVENUE C$21.7 MILLION VERSUS C$9.8 MILLION.Q3 REVENUE VIEW C$24.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Canopy Growth Signs LoI With Société Des Alcools Du Québec
Wednesday, 14 Feb 2018 06:45am EST 

Feb 14 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH SIGNS LETTER OF INTENT WITH SOCIÉTÉ DES ALCOOLS DU QUÉBEC.CANOPY GROWTH-SIGNED LETTER OF INTENT WITH SOCIÉTÉ DES ALCOOLS DU QUÉBEC TO PROVIDE QUEBEC MARKET WITH 12,000 KILOS OF HIGH-QUALITY CANNABIS ANNUALLY​.  Full Article

Canopy Growth Corp Issues Common Shares
Tuesday, 13 Feb 2018 07:00am EST 

Feb 13 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH CORPORATION ISSUES COMMON SHARES.CANOPY GROWTH CORP - ACQUIRED CERTAIN INTELLECTUAL PROPERTY ASSETS AND KNOW-HOW FOR TOTAL PROCEEDS OF $5.3 MILLION.  Full Article

Canopy Growth and Victorian State Government Sign MOU​
Tuesday, 16 Jan 2018 07:03pm EST 

Jan 16 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH CORP- ‍CO, VICTORIAN STATE GOVERNMENT SIGNED MOU TO FURTHER DEVELOP RESEARCH AND TECHNICAL CAPABILITIES IN PRODUCTION OF MEDICAL CANNABIS IN AUSTRALIA​.  Full Article

CORRECTED-UPDATE 2-Canadian marijuana producer Aphria's CEO to step down

Jan 11 Canadian pot producer Aphria Inc's co-founder and Chief Executive Officer Vic Neufeld is stepping down, at a time the company is facing questions about its deals in Latin America and a recent slump in its shares.