10 Facts About Canopy Growth

Canopy Growth Corporation, formerly Tweed Marijuana Inc, is a cannabis company based in Smiths Falls, Ontario.

Canopy Growth was the first federally regulated, licensed, publicly traded cannabis producer in North America, traded on the Toronto Stock Exchange as WEED.

Canopy Growth was described as "Canada's first cannabis unicorn with a $1 billion dollar valuation" by the Financial Post news organization in November 2016.

Canopy Growth has opened cannabis stores in Manitoba and Ontario under the Tokyo Smoke brand.

In June 2018, Canopy Growth funded Professorships in Cannabis Science at the University of British Columbia in Vancouver, in conjunction with the British Columbia Centre on Substance Use .

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Canopy Growth is involved in the business in Jamaica, Chile, Peru and Brazil, as well as in Australia.

In February 2019 Canopy Growth set up a partnership with the Beckley Foundation to distribute medical cannabis in the UK.

In January 2019, Canopy Growth announced that it was granted a license by New York State to process and produce hemp in the United States.

At around the same time the deal had closed, Canopy Growth completed the purchase of the entire former Hershey's chocolate factory, adding 50 percent more production space at that location.

Canopy Growth concluded a deal to pay US$300-million for the right to buy cannabis company Acreage Holdings Inc a company located in British Columbia but with a diverse portfolio of cannabis cultivation, processing and dispensing operations in the US.