Canopy Growth Corporation NYSE: CGC TSX: WEED now trading on the New York Stock Exchange - RICH TV LIVE - May 24, 2018 - RICH TV LIVE - If you like the video smash the like button, comment down below, and subscribe for more updates.
This is huge news - Smiths Falls, ON, Canada - Canopy Growth Corporation (TSX:WEED) ("Canopy Growth"
or the "Company") is pleased to announce that it expects its common shares will begin
trading under the ticker symbol “CGC” on the New York Stock Exchange (the “NYSE”)
tomorrow, May 24, 2018.
This listing follows a history of firsts for the Company including being the first publicly
traded, federally regulated cannabis company in North America, and the first to be included
in the S&P/TSX Composite index.
“We’re a company focussed on leadership, vision, and integrity and listing on one of the
most prestigious exchanges in the world validates the level of execution and ambition our
team has demonstrated,” said Bruce Linton, Chairman & CEO, Canopy Growth. “Five
years ago, as a small Smiths Falls based start-up in the cannabis sector, we could have
never imagined this historic moment. I am exceptionally proud of our team for what they
have built and what we will continue to build by continuing our focus on research, product
innovation, and intellectual property to drive the industry forward around the world.”
The Company’s common shares on the OTC Pink, under the symbol TWMJF, will
continue to trade until market close on May 23, 2018, after which these shares will begin
trading under the ticker symbol CGC on the NYSE. The Company’s common shares listed
on the TSX will continue to trade under the ticker symbol WEED.
Canopy Growth focuses on delivering value for shareholders through an unparalleled
market strategy which now includes operations in eight countries as well as a licensed
domestic growing platform of 2.4 million sq. ft. This domestic production capacity is
planned to increase to 5.6 million sq. ft. by the end of the calendar year to meet demand
from the recreational market following legalization, as well as the rapidly expanding global
medical cannabis market.
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