David Klein, CEO to retire at the end of the Company's fiscal year
Board of Directors expresses continued confidence in the Company's strategic direction and leadership team
A comprehensive CEO selection process has been initiated to identify a successor
This news release constitutes a "designated news release" for the purposes of Canopy Growth's prospectus supplement dated June 6, 2024 to its short form base shelf prospectus dated June 5, 2024.
SMITHS FALLS, ON, Aug. 16, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that Mr. David Klein, CEO, Canopy Growth, will be retiring at the conclusion of the Company's current fiscal year ending March 31, 2025. Until this date or such time that a successor is named, Mr. Klein will continue in his role as CEO and as a member of the Company's Board of Directors (the "Board") to advance Canopy Growth's strategic objectives including profitability and ensure an effective transition.
Focus on profitable revenue generation delivered 67% increase in gross profit year-over-year
Record quarter for Canada Medical Cannabis with Net Revenue increasing 20% year-over-year and 6th consecutive quarter of growth
Extended maturity of senior secured term loan to December 18, 2026 with an option to further extend to September 18, 2027
SMITHS FALLS, ON, Aug. 9, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announces its financial results for the first quarter ended June 30, 2024 ("Q1 FY2025"). All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
Focus on profitable revenue generation delivered 67% increase in gross profit year-over-year
Record quarter for Canada Medical Cannabis with Net Revenue increasing 20% year-over-year and 6th consecutive quarter of growth
Extended maturity of senior secured term loan to December 18, 2026 with an option to further extend to September 18, 2027
SMITHS FALLS, ON, Aug. 9, 2024 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announces its financial results for the first quarter ended June 30, 2024 ("Q1 FY2025"). All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
NEW YORK, Sept. 18, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CGC, LAC, TTOO, TSHA, and ACHR.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
CGC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=CGC&prnumber=091820235LAC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=LAC&prnumber=091820235TTOO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TTOO&prnumber=091820235TSHA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TSHA&prnumber=091820235ACHR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ACHR&prnumber=091820235The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
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