Canopy Growth Corp. says a consolidation of its shares on a one-for-10 basis is expected to become effective on Friday.
The post-consolidation shares are expected to start trading on the Toronto Stock Exchange and the Nasdaq at market open on Dec. 20, subject to final confirmation from the Toronto Stock Exchange and the Nasdaq.
The cannabis company says the consolidation was approved by shareholders at a meeting on Sept. 25.
(Sponsored)
SnowBall 2026: A premier networking event with purpose returns to 50 Sussex Dr.
As winter settles in across the capital, one of Ottawa’s most high-profile charitable and business networking events is set to return to its roots: On Wed., March 4, 2026, The
Borden Ladner Gervais LLP and partners lead with generosity
Borden Ladner Gervais LLP (BLG) are no strangers to supporting charities in the nation’s capital. From the Boys & Girls Club of Ottawa to Crohn’s and Colitis Canada to the
It says the move is being implemented to ensure the company continues to comply with the listing requirements of the Nasdaq Global Select Market.
Shares in Canopy once traded for more than $60 per share, but have fallen significantly.
Canopy shares closed down eight cents at 93 cents on the Toronto Stock Exchange on Tuesday.
