Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.

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Canopy Growth Corp > Can someone confirm

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Comment by WestCoast78on Mar 11, 2021 3:35pm

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RE:RE:Can someone confirm

Beat me to it. The language indicates more to the story. Seen as Canopy likes to structure deals with options to increase. however, that my guess, at this point.

Homestretch4me wrote: Found it.

Canopys announcement notes that through a minority ownership in the new business venture, Canopy Growth will help Houseplant scale quickly and support Houseplants long-term success. This has left many wondering how large of a stake in Houseplant Canopy owns.

According to a statement from Houseplant, Canopy acquired 25 per cent of the business, and invested working capital, but wasnt willing to dive any deeper into the details.

Homestretch4me wrote:
that Canopy has the same arrangement in the USA with Houseplant that they have in Canada.