Canopy Growth

Smiths Falls, Canada Founded: 2013 • Age: 13 yrs
Cannabis products are provided to support consumer wellness and health.
Annual revenue $187.0M Latest available
Total funding - 10 rounds
Employees 960 Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Canopy Growth

Canopy Growth is a company based in Smiths Falls (Canada) founded in 2013 by Mark Zekulin. The company has 960 employees as of March 31, 2024. Canopy Growth has completed 21 acquisitions, including Ace Valley, Acreage Holdings and Beckley Canopy. Canopy Growth offers products and services including Spectrum Reserve and Cannabis Products. Canopy Growth operates in a competitive market with competitors including Organigram, Cannara Biotech, C21 Investments, PharmaCielo and Aphria, among others.

  • Headquarter Smiths Falls, Canada
  • Employees 960 as on 31 Mar, 2024
  • Founders Mark Zekulin
  • Stage Public
  • Sectors
    Healthcare
    Agriculture
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Canopy Growth Corporation
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $186.96 M (USD)
    -9.47
    as on Mar 31, 2024
  • Net Profit
    -$415.71 M (USD)
    9
    as on Mar 31, 2024
  • EBITDA
    -$16.17 M (USD)
    69.29
    as on Mar 31, 2024
  • Latest Funding Round
    $35 M (USD), Post-IPO

    Jan 09, 2024

  • Investors
    Stifel

    & 5 more

  • Employee Count
    960

    as on Mar 31, 2024

  • Investments & Acquisitions
    Ace Valley

    & 20 more

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IPO & Listings of Canopy Growth

Canopy Growth is a publicly listed company on the TSX with ticker symbol WEED in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: WEED · Sector: Process industries · Canada

Products & Services of Canopy Growth

Canopy Growth offers a comprehensive portfolio of products and services, including Spectrum Reserve and Cannabis Products.

Product name locked
Category locked
Primary

Premium brand offering therapeutic cannabis products for health needs

Product name locked
Category locked
Locked

High-quality items with cannabinoid effects for daily enhancement

People of Canopy Growth

Headcount 1000-5000
Employee Profiles 124
Board Members and Advisors 4
Employee Profiles
People
Scott Lough
Vice President - Product, Marketing & Analytics
People
Nikhita N.
Director, HR Technology & Services
People
Celia McCormack
Director Of Trade Marketing
People
Melissa Thiele-Smale
Director - Cost Accounting

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Board Members and Advisors
people
David Lazzarato
Director
people
Terry Yanofsky
Director

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Funding Insights of Canopy Growth

Investors in Canopy Growth

Canopy Growth has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include Stifel, Constellation Brands and TMX Group.

All
Institutional
Investor Description Founded Year Domain Location
Multi-category alcoholic beverage company
Locked Locked Locked
Stock exchange
Locked Locked Locked
An annual financial conference is hosted in Canada.
Locked Locked Locked
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Investor details for Canopy Growth

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  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Canopy Growth

Canopy Growth has strategically engaged in corporate development activities, having acquired 21 companies. Notable acquisitions include Ace Valley, Acreage Holdings and Beckley Canopy.

Investments
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Investment portfolio details for Canopy Growth

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Acquisitions
Company Name Description Domain Location Founded Year Amount
AI based platform offering decision support software
Locked Locked 2020 Locked
An e-commerce platform for cannabis products is operated.
Locked Locked 2018 Locked
Medical cannabis products are manufactured and distributed across Canada.
Locked Locked 2018 Locked
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Complete acquisition details for Canopy Growth

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Financial Statements - Canopy Growth

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Detailed financials for Canopy Growth

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Canopy Growth Comparisons

Canopy Growth Primary company
Description
Cannabis products are provided to support consumer wellness ...
Location
Smiths Falls, Canada
Founded Year
2013
Annual Revenue
$186.96 M (USD)
Net Profit
-$415.71 M (USD)
EBITDA
-$16.17 M (USD)
Employees
960
As of 2024
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Peer comparison for Canopy Growth

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Competitors of Canopy Growth

Canopy Growth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Organigram, Cannara Biotech, C21 Investments, PharmaCielo and Aphria, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of cannabis products, brands, and international business development investments
Locked Locked Locked
Medicinal cannabis cultivation facility
Locked Locked Locked
Cannabis and hemp-derived products are cultivated, processed, and supplied.
Locked Locked Locked
Medicinal cannabis oil and products are produced in Colombia.
Locked Locked Locked
Cannabis-derived nutritional and wellness products are provided by Aphria.
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Detailed competitors of Canopy Growth

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  • Domains and locations
  • Full company profiles
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Latest news on Canopy Growth

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Complete news archive for Canopy Growth

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Frequently Asked Questions about Canopy Growth

Canopy Growth was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Canopy Growth is headquartered in Smiths Falls, Canada. It is registered at Smiths Falls, Ontario, Canada.

Luc Mongeau is the current CEO of Canopy Growth.

As of Mar 31, 2024, the latest employee count at Canopy Growth is 960.

Annual revenue of Canopy Growth is $186.96M as on Mar 31, 2024.

Canopy Growth was established in 2013 in Smiths Falls, Canada, within the cannabis industry. Products featuring cannabinoid effects are offered to address consumer wellness needs. Operations encompass safety protocols for product quality, educational programs on consumption, and environmental sustainability efforts. The company maintains a focus on regulatory compliance and market expansion in the legal cannabis sector.

Canopy Growth's top competitors include Organigram, Cannara Biotech and Aphria.

Canopy Growth offers Spectrum Reserve and Cannabis Products.

Yes, Canopy Growth is publicly traded on TSX under the ticker symbol WEED.

Canopy Growth has made 21 acquisitions, including Ace Valley, Acreage Holdings, and Beckley Canopy.

Canopy Growth has 6 investors. Key investors include Stifel, Constellation Brands, TMX Group, M Partners, and Capital Markets.

The ticker symbol of Canopy Growth is WEED on TSX.

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