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 > Canopy Growth Enters US$750 Million Senior Secured Term Loan

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Comment by TheGrapeOneon Mar 18, 2021 8:26am

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Post# 32824265

RE:Canopy Growth Enters US$750 Million Senior Secured Term Loan

Buying MSO's is expensive I feel this is what is coming something huge The company did not have to take on this debt to keep running day to day they still have $1 billion plus Cdn in the bank.

The next 6 months is going to be so much fun!

Safe banking act starts moving today mergers on the way Here we go!

AwareInvestor wrote:
It appears that Canopy Growth has seen its funds from Constellation Brands deplete to the point that it now needs to take on debt. The company this morning announced that it has entered into a credit agreement for a US$750 million senior secured term loan, with room to expand the loan by a further US$500 million.

https://thedeepdive.ca/canopy-growth-enters-us750-million-senior-secured-term-loan/