Canopy Growth applies to list shares on NYSE

Ottawa-area pot firm Canopy Growth applies to list on NYSE

Canopy Growth applies to list shares on NYSE

The Company now anticipates that, subject to the receipt of all required approvals, its common shares will begin trading on the NYSE before the end of May 2018.

Canopy Growth Corp., which already trades on the Toronto Stock Exchange under the ticker symbol WEED, said Monday it expects its shares to begin trading in NY under the symbol CGC before the end of May.

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"A trading date will be made public once all regulatory formalities are satisfied", Canopy said in a press release.

Although Canopy Growth Corp will be the first pot producer on the NYSE, it will not be the first publicly-traded cannabis company in the US.

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Canopy Growth, the Smith Falls, Ont. - based cannabis company, has applied to list its shares on the New York Stock Exchange. From product and process innovation to market execution, Canopy Growth is driven by a passion for leadership and a commitment to building a world-class cannabis company one product, site and country at a time. If its success on Canadian exchanges is anything to go by, the firm could see significant growth as it continues its mission to "build the global cannabis industry", according to Mr. Linton.

Canopy Growth has established partnerships with leading sector names including cannabis icon Snoop Dogg, breeding legends DNA Genetics and Green House seeds, and Fortune 500 alcohol leader Constellation Brands, to name but a few. First established last October, the facilities are now licensed for 1.7 million square feet of production space with a full capacity for an additional 1.3 million square feet. The Company has operations in seven countries across four continents. From our historic public listing to our continued worldwide expansion, pride in advancing shareholder value through leadership is engrained in all we do at Canopy Growth.

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