Canopy Growth Corporation is to join Canada’s S&P/TSX 60 Index, achieving another public market “first” for the cannabis industry.
“Being added to the S&P/TSX 60 Index marks another major accomplishment for our company, team, and shareholders,” said Bruce Linton, Founder, Chairman & Co-CEO.
“First traded on the TSX Venture Exchange on April 4, 2014, I cannot think of a better way to celebrate our 5th year anniversary as a publicly traded company, than being added to the TSX’s large-cap index.”
The addition of the company to the S&P/TSX 60 Index will be effective prior to the commencement of trading on April 18, 2019.
Canopy Growth has established partnerships with names including cannabis icon Snoop Dogg, breeding specialists DNA Genetics and Green House seeds, Battelle, the world’s largest nonprofit research and development organization, and Fortune 500 alcohol leader Constellation BrandsCannabis Business Worldwide