Marijuana operator Canopy USA appoints Jorgensen as first president
Canopy USA, the American-based holding company of Canadian marijuana operator Canopy Growth Corp., has appointed M. Brooks Jorgensen as the fledgling entity’s first president.
Canopy Growth
Marijuana MSO Cansortium finalizes merger with RIV Capital
The merger between marijuana multistate operator Cansortium, which operates under the Fluent brand, and RIV Capital closed on Thursday.
Cannabis company Canopy completes acquisition of US operator Acreage
Canadian cannabis operator Canopy Growth Corp. has completed its acquisition of New York-headquartered Acreage Holdings through its American holding company.
Cannabis company Canopy Growth appoints Luc Mongeau as CEO
Canadian cannabis company Canopy Growth Corp. appointed current board member Luc Mongeau to serve as the company’s next CEO.
Cannabis operator Canopy Growth reduces loan term by $100 million
Canadian cannabis operator Canopy Growth Corp. made an early payment to reduce a loan term by $100 million (roughly 138.5 million Canadian dollars).
David Klein retiring as CEO of Canadian cannabis operator Canopy Growth
David Klein, who joined Canopy Growth Corp. as CEO in 2020, will retire at the end of company’s current fiscal year, on March 31, 2025.
Canopy Growth prepares to raise $250 million for marijuana investments
Days after exercising an option to acquire a U.S.-based marijuana multistate operator, onetime billion-dollar cannabis giant Canopy Growth Corp. is planning to raise up to $250 million via an at-the-market equity program.
Cannabis MSO Acreage aims to raise $10 million amid ‘deteriorating’ finances
A day after Canadian cannabis company Canopy Growth Corp. exercised its option to acquire Acreage Holdings, the American multistate operator announced a private placement with institutional investors to raise $10 million.
Canopy Growth exercises option to acquire US marijuana operator Acreage
Canadian cannabis company Canopy Growth Corp. exercised its option to acquire American marijuana multistate operator Acreage Holdings.
Cannabis operators Cansortium and RIV Capital are merging
Cansortium, a Florida-based vertically integrated cannabis multistate operator, is merging with RIV Capital, which operates the Etain Health marijuana brand in New York.
Institutional investor puts $50 million into cannabis operator Canopy Growth
Cannabis producer Canopy Growth raised gross proceeds of roughly $50 million (68 million Canadian dollars) through an exchange and subscription agreement with an institutional investor.
Wana CEO Whiteman exiting cannabis edibles company; Hodas will take reins
Nancy Whiteman, the co-founder and CEO of Wana Brands cannabis edibles company, in May will relinquish the top post to marketing chief Joe Hodas.
