10:58:30 EDT Tue 13 May 2025
Enter Symbol
or Name
USA
CA



Canopy Growth Corp
Symbol WEED
Shares Issued 494,022,023
Close 2022-08-23 C$ 4.44
Market Cap C$ 2,193,457,782
Recent Sedar Documents

NP says Canopy, rivals hear Ontario pot monopoly panned

2022-08-24 08:32 ET - In the News

Also In the News (C-ACB) Aurora Cannabis Inc (2)
Also In the News (C-OGI) Organigram Holdings Inc
Also In the News (C-TGOD) Green Organic Dutchman Holdings Ltd (The)

The National Post reports in its Wednesday edition that the Ontario Chamber of Commerce says Ontario needs to end its monopoly on its legal cannabis market. The Post's Bryan Passifiume writes that on Monday, the chamber urged Queen's Park to release its stranglehold on licensed cannabis retailers through requiring them to exclusively purchase their stock via the Ontario Cannabis Store, the Crown corporation behind the legal monopoly over on-line sales and wholesale distribution for Ontario's recreational pot industry. Ontario Chamber of Commerce vice-president of policy and chairman of the Ontario Cannabis Policy Council Daniel Safayeni said: "From the start, we've suggested that we need to have retailers and producers to be able to have a direct relationship with one another. We see with the current delivery stoppage issue and the cyber hack vulnerability why it's important to not hedge the province's bets on one single government-run entity." On Aug. 5, a cyberattack on Domain Logistics brought the province's recreational weed industry to its knees. A mandatory two-year review mandated by the Cannabis Act was to have commenced last October, but as of this month there is no indication on when it would begin.

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