Thursday, 17 November 2016

Canopy Growth Corporation CGC surges from $2 to $17


Canopy Growth -  has seen it's Stock price surge from $2 to almost $18 on the Toronto Stock Exchange since the 2015 Election in Canada. 

Canopy Growth Corporation (CGC.TO), formerly Tweed Marijuana Inc., is a medical marijuana company based out of Smiths Falls, Ontario. It is the first federally regulated, publicly traded cannabis producer in North America, traded on the Toronto Stock Exchange as CGC.


Canopy Growth Corporation is the first multi-licensed, geographically diverse marijuana producer in Canada. CGC is the parent company of licensed cannabis producers Tweed Inc., Tweed Farms Inc., and Bedrocan Canada Inc. with a combined approved growing platform of over 550,000 sq. ft. of production space.

June 2016, Canopy Growth Corporation receives conditional approval to list shares on the TSX, graduating from the TSX Venture Exchange.

August 2016, the government of Canada release new regulations governing cannabis production that re-instates a patient's right to personally produce their own cannabis.

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