Canopy Growth

About

Canopy Growth is a cannabis consumer product company that manufactures medical cannabis to improve lives.

Smiths Falls,Ontario,Canada
1001 - 5000
https://www.canopygrowth.com/

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $58.80M
Industries: Cannabis,Health Care,Medical,Pharmaceutical
Founded date: Jan 1, 2014
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: tsx:WEED
Legal Name: Canopy Growth Corporation
Also Known As: Tweed Marijuana, Canopy Growth Corporation

Canopy Growth is a diversified cannabis and cannabinoid-based consumer product company, driven by a passion to improve lives, end prohibition, and strengthen communities by unleashing the full potential of cannabis. Leveraging consumer insights and innovation, it offers product varieties in high-quality dried flower, oil, softgel capsule, infused beverage, edible, and topical formats, as well as vaporizer devices by Canopy Growth and industry-leader Storz & Bickel.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$84.80M $5.75B

Canopy Growth has raised a total of $84.80M $5.75B in funding over 2 rounds. Their latest funding was raised on Jun 29, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 29, 2022	Post-IPO Debt	$255.40M	1	Constellation Brands	—	Detail
May 20, 2020	Post-IPO Equity	—	1	Korea Investment Corp	—	Detail
Mar 11, 2020	Post-IPO Debt	$58.80M	1	—	—	Detail
Aug 15, 2018	Post-IPO Equity	$5B	1	Constellation Brands Canada	—	Detail
Jun 21, 2018	Post-IPO Debt	$500M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

7

2

Canopy Growth has made 7 investments. Their most recent investment was on Feb 17, 2021, when CiSApp raised $180K.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Feb 17, 2021 CiSApp	Pre-seed	$180K	Blockchain	—
Feb 4, 2021 CiSApp	Seed	$180K	Blockchain	—
Mar 4, 2020 cryptobank.us	Seed	$200K	Blockchain	—
Jan 1, 2020 cryptobank.us	Seed	$250K	Blockchain	—
Aug 20, 2019 MoCanna	Series A	$5M		Yes

Investors

Number of Lead Investors

Number of Investors

4

Canopy Growth is funded by 4 investors. Constellation Brands and Korea Investment Corp are the most recent investors.

Investor Name	Lead Investor	Funding Round
Constellation Brands	Yes	Post-IPO Debt
Korea Investment Corp	Yes	Post-IPO Equity
Constellation Brands Canada	Yes	Post-IPO Equity
TerrAscend	—	Post-IPO Debt

Employee Profiles

Number of Employee Profiles

14

Canopy Growth has 14 current employee profiles, including Executive Christelle Gedeon

Executive

Executive

Executive

Executive

Executive

Exits

Canopy Growth has had 2 exits. Canopy Growth most notable exits include RIV Capital , TerrAscend

Date	Company Name	Exit Type	Industry
Sep 13, 2019	RIV Capital	IPO	Cannabis	Detail
May 4, 2017	TerrAscend	IPO	Cannabis	Detail

Acquisition

Canopy Growth has acquired 18 organizations. Their most recent acquisition was MedCann on Nov 28, 2016. They acquired MedCann for 0.

Date Company Name	Industry	Acquisition Type	Price
Nov 28, 2016 MedCann	Cannabis	acquisition	—	Detail
Dec 1, 2016 Mettrum Ltd.	Biotechnology	acquisition	$ 430M	Detail
Jul 5, 2018 BC Tweed		acquisition	$ 374M	Detail
Jul 10, 2018 Hiku Brands	Cannabis	acquisition	$ 269.20M	Detail
Aug 7, 2018 Canopy Health Innovations	Pharmaceutical	acquisition	—	Detail