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Aurora Cannabis Inc (3)
Symbol ACB
Shares Issued 54,842,640
Close 2024-12-20 C$ 6.15
Market Cap C$ 337,282,236
Recent Sedar Documents

Globe says Canopy, rivals can be proud of achievements

2024-12-23 07:42 ET - In the News

See In the News (C-WEED) Canopy Growth Corp (2)

The Globe and Mail reports in its Saturday edition that cannabis is often viewed as a failed business story. Guest columnist Ben Kaplan writes that cannabis is, in fact, an example of Canadian might, when the government and business banded together to do something that had not been attempted anywhere in the world. We raised capital and built an industry that still produces the best, cleanest, most highly regulated and consistent cannabis in the world. In 18 months after recreational cannabis legalization, marijuana morphed into a major industry, not only helping save Canadian jobs and agriculture, but also supporting commercial real estate when shuttered storefronts dominated main streets across the country. Canopy Growth founder Bruce Linton secured $5-billion in financing from New York-traded Constellation Brands, served Tim Hortons coffee to Snoop Dogg and Martha Stewart in Smiths Falls, Ont. Further, Altria, Marriott and Coca-Cola executives looking to explore CBD partnerships met with Mr. Linton and Aurora Cannabis's Terry Booth, his Albertan rival, in their hometowns. There are more than 150,000 Canadians working in legal cannabis, and more than $15-billion has been collected in taxes from cannabis.

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