Canopy Growth Corporation (WEED.TO)
| Previous Close | 4.1400 |
| Open | 4.0300 |
| Bid | 3.8100 x 0 |
| Ask | 3.8200 x 0 |
| Day's Range | 3.8000 - 4.0500 |
| 52 Week Range | 2.7900 - 19.9800 |
| Volume | |
| Avg. Volume | 2,724,591 |
| Market Cap | 1.834B |
| Beta (5Y Monthly) | 2.07 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.7720 |
| Earnings Date | Nov 09, 2022 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 4.34 |
- The Canadian Press
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- The Canadian Press
Canopy Growth to sell Tweed, Tokyo Smoke stores to OEGRC and Four20 owner
Canopy Growth Corp. is getting out of the cannabis retail business with two deals to divest its Tweed and Tokyo Smoke stores. The Smiths Falls, Ont. cannabis company announced Tuesday that it sold all of its stores outside Alberta, as well as the intellectual property for Tokyo Smoke, to OEG Retail Cannabis (OEGRC). OEGRC is run by the Katz Group, which owns the Edmonton Oilers hockey team and previously had a licensee deal to own and operate all of Canopy's franchised Tokyo Smoke stores in Onta
- CNW Group
Canopy Growth Announces Divestiture of Canadian Retail Operations
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) announced today that the Company has entered into agreements to divest its retail business across Canada which includes the stores operating under the Tweed and Tokyo Smoke retail banners. The announcement reinforces the Company's focus on advancing its path to profitability as a premium brand-focused cannabis and consumer packaged goods (CPG) company.
