Previous close | 41.82 |
Open | 41.80 |
Bid | 41.40 x 0 |
Ask | 41.56 x 0 |
Day's range | 40.92 - 43.30 |
52-week range | 12.96 - 71.60 |
Volume | 349,714 |
Avg. volume | 1,758,970 |
Market cap | 15.836B |
Beta (5Y monthly) | 2.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | -6.43 |
Earnings date | 09 Feb 2021 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 47.27 |
Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC) announces that it has closed the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") involving Canopy Growth, RIV Capital Inc. (formerly Canopy Rivers Inc.) ("RIV Capital") (TSX: RIV) (OTC: CNPOF) and its wholly-owned subsidiary, RIV Capital Corporation (formerly Canopy Rivers Corporation) ("RCC"), as well as Canopy Growth's wholly-owned subsidiary, The Tweed Tree Lot Inc. ("Tweed NB").
Canopy Rivers Inc. ("Rivers" or the "Company") today announced that the Ontario Superior Court of Justice (Commercial List) has approved the previously announced plan of arrangement (the "Arrangement") involving Canopy Growth Corporation ("Canopy Growth") (TSX: WEED) (NASDAQ: CGC), pursuant to which Rivers will transfer three portfolio assets to Canopy Growth in exchange for approximately $115 million in cash, approximately 3.65 million common shares of Canopy Growth, and the cancellation of all multiple voting shares and subordinate voting shares of Rivers held by Canopy Growth.