Canopy Growth Corp (TSX:WEED)
C$ 9.97 -0.02 (-0.2%) Market Cap: 759.69 Mil Enterprise Value: 1.22 Bil PE Ratio: 0 PB Ratio: 1.82 GF Score: 74/100
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Canopy Growth Corp at Barclays Americas Select Franchise Conference Transcript

May 15, 2019 / NTS GMT
Release Date Price: C$610.1 (+0.10%)
Gaurav Jain

I am Gaurav Jain, Barclay's Tobacco Analyst. I'm thrilled to introduced Bruce Linton, CEO and Chairman of Canopy Growth Corporation, the largest cannabis company in the world. The company was the first federally regulated, licensed and publicly traded cannabis producer in North America, traded on the Toronto Stock Exchange as WEED initially. It began trading as CGC on the New York Stock Exchange on May 24, 2018, as the first cannabis producer on the NYSE.

On October 17, 2018, marijuana became legal in Canada for recreational use. Canada's first legal Cannabis sale was made at midnight by the CEO here, Bruce Linton, at a Tweed store in St. John's Newfoundland and Labrador.

While market capitalizations might change over time, that one is for the record books. The end of prohibition in cannabis is already impacting traditional CPG companies as they like to participate in this high-growth industry. Canopy has recently announced the acquisition of Acreage Holdings and has now taken first steps in the U.S. Here to talk about cannabis is Bruce Linton, CEO of Canopy. Welcome, Bruce.

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