Canopy Growth Corporation Announces Graduation to TSX
Company to ring the TSX opening bell on July 26, 2016
SMITHS FALLS, ON, July 25, 2016 /CNW/ – Canopy Growth Corporation (TSX :CGC) (OTC: TWMJF) (“Canopy Growth” or “the Corporation”) announced that is has received final approval for the listing of the Corporation’s common shares (the “Common Shares”) on the Toronto Stock Exchange (“TSX”).
The Common Shares will commence trading on the TSX effective as of the open of the market on July 26, 2016. Upon listing on the TSX, the Common Shares will continue to trade under the symbol “CGC”. In conjunction with listing on the TSX, the Common Shares will be delisted from the TSX Venture Exchange prior to the commencement of trading on July 26, 2016.
Being the first cannabis producing company in North America listed on a major exchange such as the TSX strengthens the sector and is expected to bring Canopy Growth to international institutional investors.
Bruce Linton, Chairman & CEO, Canopy Growth
The TSX is the stock exchange for Canada’s banks and elite publicly traded companies, and we hope that the addition of Canopy Growth helps signal that the world’s view of cannabis has finally shifted, starting right here in Canada. This is a historic day for our Company, our sector, our patients and investors.
To celebrate this latest milestone, Canopy Growth’s founding team and guests will open trading on the TSX on July 26, 2016. The market open ceremony can be watched in real-time at https://www.youtube.com/watch?v=DGUI5rWwLMo and on BNN television. An archive of the ceremony will also be made available at http://www.tsx.com/news/market-opens.
About Canopy Growth Corporation
Canopy Growth is a world-leading diversified cannabis company, offering diverse brands and curated cannabis strain varieties in dried and oil extract forms. Through its wholly-owned subsidiaries, Tweed, Tweed Farms, and Bedrocan Canada, Canopy Growth operates three state-of-the-art production facilities with over half a million square feet of indoor and greenhouse production capacity. Canopy Growth has established partnerships with leading sector names in Canada and abroad. For more information, www.canopygrowth.com.