About Canopy Growth
Canopy Growth is a publicly listed company based in Smiths Falls (Canada) founded in 2013 by Mark Zekulin. Cannabis products are provided to support consumer wellness and health. It operates in the Healthcare and Agriculture sectors. The company has 960 employees. Canopy Growth has completed 21 acquisitions, including Ace Valley, Acreage Holdings and Beckley Canopy. Its chief executive, as recorded, is Luc Mongeau. Its website canopygrowth.com draws about 35 thousand monthly visits. Canopy Growth offers products and services including Spectrum Reserve and Cannabis Products. Its focus areas include Food and Agriculture Tech, Crop Tech, Indoor Farming and Hydroponics. Its competitors include Organigram, Cannara Biotech and C21 Investments; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Smiths Falls, Canada
- Employees 960
- Founders Mark Zekulin
- Stage Public
- SectorsHealthcareAgriculture
- Website category Finance · Investing
- Website canopygrowth.com
- Social LinkedIn X Facebook
- Legal Name Canopy Growth Corporation
- Annual Revenue$204.24 M (USD)5.8as on Mar 31, 2026
- Net Profit-$188.67 M (USD)48.34as on Mar 31, 2026
- EBITDA-$26.29 M (USD)-57.44as on Mar 31, 2026
- Latest Funding Round$35M (USD), Post-IPO
Jan 2024
- InvestorsStifel
& 5 more
- Employee Count960
- Investments & AcquisitionsAce Valley
& 20 more
Products & Services of Canopy Growth
Canopy Growth offers a comprehensive portfolio of products and services, including Spectrum Reserve and Cannabis Products.
Premium brand offering therapeutic cannabis products for health needs
High-quality items with cannabinoid effects for daily enhancement
Funding Insights of Canopy Growth
- Total Rounds 10
- Last Round Post-IPO — $35M
- First Round $5.5M
(Aug 2016)
- Investors Count 6
All 10 funding rounds of Canopy Growth with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $35M | Post-IPO | – | – | – |
| Feb 2023 | Post-IPO | – | – | – | |
| May 2020 | $176.25M | Post-IPO | – | – | |
| Aug 2018 | $4B | Post-IPO | – | – | |
| Jun 2018 | $324.56M | Post-IPO | – | – | |
| Jan 2018 | $5.14M | Post-IPO | – | – | – |
| Oct 2017 | $191.18M | Post-IPO | – | – | |
| Nov 2016 | $14.38M | Post-IPO | – | – | |
| Aug 2016 | $34.5M | Post-IPO | – | – | – |
| Aug 2016 | $5.5M | Debt – Conventional | – | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-category alcoholic beverage company | 1945 | cbrands.com | Altoona, United States | |
Stock exchange | 1966 | tsx.com | Toronto, Canada | |
An annual financial conference is hosted in Canada. | dundeecapitalmarkets.com | Lizethmouth, Canada | ||
Diversified investment management services are provided globally. | 1890 | stifel.com | St. Louis, United States | |
Independent advisory investment bank services are provided in Canada. | 2015 | inforfg.com | Toronto, Canada | |
Independent corporate advisory firm | 2005 | mpartners.ca | Toronto, Canada |
Investor details for Canopy Growth
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People of Canopy Growth
129 people are tracked at Canopy Growth (54 in leadership, 4 in board & advisors, 71 in team); the tracked headcount is 960.
| Name | Role | Group |
|---|---|---|
Mark Zekulin | Co-Founder | Leadership |
Luc Mongeau | CEO | Leadership |
Scott Lough | Vice President - Product, Marketing & Analytics | Leadership |
Nikhita N. | Director, HR Technology & Services | Leadership |
Celia McCormack | Director Of Trade Marketing | Leadership |
Richard Navarro | Marketing Director | Leadership |
Melissa Thiele-Smale | Director - Cost Accounting | Leadership |
Dustin Mantha | Head Of Key Accounts | Leadership |
Tyler Kibler | Director Of Innovation | Leadership |
Kelly D. Fair | US General Counsel, Vp, US & European Affairs | Leadership |
Christelle Gedeon | Chief Legal Officer | Leadership |
Chrissy McHardy | Vice President, Human Resources Business Partnership | Leadership |
Tracey Bolin | Director Of Corporate & Franchise Stores | Leadership |
Andrew Bevan | Senior Vice President, Medical Sales | Leadership |
Matthias Glaser | Managing Director | Leadership |
Denis Rozin | Vice President, Treasury, Risk & Corporate Development | Leadership |
Kris Quarrington | Senior Director Finance | Leadership |
Derek Johnson | Finance & Operations Director (anz) | Leadership |
Thomas Schaad | Director Finance, Europe | Leadership |
Thomas Stewart | Chief Financial Officer | Leadership |
109 more people are available in the full profile.
Complete people profiles for Canopy Growth
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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.
- IPO date26 Jul 2016
- Listed onTSX: WEED
- Listed entityCanopy Growth Corporation
- Exchange sectorProcess industries
- ISINCA1380357048
- Share price1.08 CAD (-8.47% on the day) · 2026-10-13
- Market capitalisation485,243,116.00 CAD
- EPS (diluted, trailing year)-0.62 CAD
- Volume (last session)2,258,645
Financials of Canopy Growth
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 284.6M CAD | -262.9M CAD | -36.6M CAD |
| 2024 | 269.0M CAD | -508.9M CAD | -23.3M CAD |
| 2023 | 297.1M CAD | -657.3M CAD | -75.8M CAD |
| 2022 | 333.2M CAD | -3.28B CAD | -315.8M CAD |
| 2021 | 510.3M CAD | -310.0M CAD | -474.3M CAD |
Detailed financial statements for Canopy Growth
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Medical cannabis products are manufactured and distributed across Canada. | mtlcannabis.ca | Pointe Claire, Canada | 2018 | Dec 2025 | $90.76M | |
Cannabis-based products are manufactured by Jetty in the United States. | jettyextracts.com | Oakland, United States | 2013 | May 2024 | •••• | |
Cannabis-infused jellies in various flavors are developed for consumers. | wanabrands.com | Boulder, United States | 2010 | Oct 2021 | $297.5M | |
Hybrid cannabis is cultivated in greenhouses for medicinal production. | supreme.ca | Toronto, Canada | 2014 | Apr 2021 | $345.12M | |
An e-commerce platform for cannabis products is operated. | acevalley.com | Toronto, Canada | 2018 | Apr 2021 | •••• | |
Cannabis-based pharmaceutical and natural health products are developed and provided. | beckley-canopy.com | Oxford, United Kingdom | 1998 | Oct 2019 | •••• | |
Nutrition supplements are manufactured by BioSteel in Canada. | biosteel.com | Toronto, Canada | 2009 | Oct 2019 | •••• | |
Plant-based protein products are produced by KeyLeaf in Canada. | keyleaf.ca | Saskatoon, Canada | 1973 | Jun 2019 | •••• | |
Skincare and sleep wellness products are developed for circadian support. | thisworks.com | London, United Kingdom | 2003 | May 2019 | $54.39M | |
Cannabis-derived pharmaceutical products are manufactured, researched, and distributed. | c3-company.de | Germany | 0 | May 2019 | $253.5M |
Complete acquisition details for Canopy Growth
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Timeline of Canopy Growth
14 dated milestones of Canopy Growth across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Canopy Growth is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $5.5M.
- Acquisition Acquires C3 Cannabinoid Compound.
- Acquisition Acquires This Works.
- Acquisition Acquires POS Biosciences.
- Acquisition Acquires BioSteel.
- Acquisition Acquires Beckley Canopy.
- Acquisition Acquires Ace Valley.
- Acquisition Acquires Supreme Pharma.
- Acquisition Acquires Wana Brands.
- Funding Latest funding round, Post-IPO, of $35.0M.
- Acquisition Acquires Jetty Extracts.
- Acquisition Acquires MTL Cannabis.
Competitors of Canopy Growth
Canopy Growth has 3 listed competitors in our database, 1 of them funded. They include Organigram, Cannara Biotech and C21 Investments.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| organigram.ca | 2013 | Moncton, Canada | Provider of cannabis products, brands, and international business development investments | |||
| cannara.ca | 2018 | Montreal, Canada | $17.66M | Medicinal cannabis cultivation facility | ||
| cxxi.ca | 1987 | Vancouver, Canada | Cannabis and hemp-derived products are cultivated, processed, and supplied. |
Detailed competitors of Canopy Growth
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Web traffic of Canopy Growth
The website of Canopy Growth (canopygrowth.com) receives about 35.1K visits a month and ranks #1,157,941 among all websites worldwide, #10,091 in Investing.
- Monthly visits35.1K
▲ 42.8% vs previous month
- Unique visitors11.4K
per month
- Global rank#1,157,941
among all websites
- Category rank#10,091
Finance · Investing
- Bounce rate43%
- Pages per visit1.8
- Average visit27 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with Canopy Growth. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
boerse-global.de | boerse-global.de | 100% | #312,698 | – | |
| baystreet.ca | 94% | 53.1K | #757,820 | View details | |
finanztrends.de | finanztrends.de | 94% | #85,228 | – | |
deraktionaer.de | deraktionaer.de | 94% | #13,045 | – | |
wallstreet-online.de | wallstreet-online.de | 76% | #7,635 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics 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 CEO of Canopy Growth, as recorded in our data.
Canopy Growth has 960 employees.
Annual revenue of Canopy Growth is $204.24M as on Mar 31, 2026.
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 C21 Investments.
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.