Tweed Marijuana Inc. is officially renaming itself Canopy Growth Corp. as it prepares for its next leg of growth after a landmark acquisition.
Shareholders approved the name change at the company’s annual meeting in Toronto on Thursday. In explaining the move, chairman and chief executive Bruce Linton noted the company has two established brands (Tweed and Bedrocan) in the medical marijuana space. The new name reflects the fact that the parent company will continue to expand into new markets and release new products such as oils.
Bruce Linton, CEO of Canopy Growth Corp
We want to dominate the industry
Read “Tweed Marijuana renames itself Canopy Growth Corp as it charts growth path at AGM” by Peter Koven: http://business.financialpost.com/news/agriculture/tweed-marijuana-renames-itself-canopy-growth-corp-as-it-charts-growth-path-at-agm