Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario. Tweed was founded by Bruce Linton and Chuck Rifici in 2013, and renamed Canopy Growth Corporation in 2015 after a merger with Bedrocan Canada.
Mark Zekulin was also a co-founder; he became the sole CEO as of early July 2019 after Linton was ousted from the company, but stepped down on 20 December after a new CEO was announced.
By April 2019, Canopy was the world’s largest cannabis company, based on the value of all shares, or market capitalization.
At that time, Constellation Brands Inc. controlled over 35% percent of the company which had approximately 3,200 employees. The year 2019 created new challenges for the company however, with its stock price dropping by about 32%.
Traded as: TSX: WEED; S&P/TSX 60 component
Industry: Cannabis
Predecessor: Tweed Marijuana Inc.; Bedrocan Canada Inc.
Founded: 2013
Founders: Bruce Linton, Mark Zekulin, Chuck Rifici
Headquarters: Smiths Falls, Ontario, Canada
Products: Medical cannabis, recreational cannabis
Website: