Canopy Growth Corporation (“Canopy Growth” or the “Company”)(TSX: WEED) announced today it has applied to list its common shares on the New York Stock Exchange (the “NYSE”).
The Company currently 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. In advance of listing on the NYSE, Canopy Growth will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission. The listing of the Company’s common shares on the NYSE remains subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements.
Canopy Growth’s common shares will trade on the NYSE under the ticker symbol “CGC” and will continue to trade on the TSX under the ticker symbol “WEED”. A trading date will be made public once all regulatory formalities are satisfied.
In announcing the application to list on a U.S. stock exchange, Canopy Growth’s Chairman & CEO, Bruce Linton, commented: “Since becoming the first regulated cannabis producer to list their shares in North America in 2014 our team has focused on building credibility through consistent execution. Once finalized, listing our shares on the NYSE will represent a continuation of our upward trajectory as we build the global cannabis industry.”
Here’s to Future Growth.