Canopy Growth

Canopy Growth is a diversified cannabis and cannabinoid-based consumer product company based in Smiths Falls, Canada. It cultivates and sells both medicinal and recreational cannabis, along with hemp, through a range of brands including Doja, 7ACRES, Tweed, and Deep Space. The company offers a variety of high-quality products, such as dried flower, oil, softgel capsules, infused beverages, edibles, and topicals. Additionally, it produces non-THC products, including skincare items under the Martha Stewart CBD brand and vaporizers from Storz & Bickel. Recently, Canopy Growth merged its U.S. assets into a separate holding company, Canopy USA, which operates independently and is not included in the Canadian company's financials. The company aims to improve lives and strengthen communities through the responsible use of cannabis.

Jonathan Tosto

COO

24 past transactions

Acreage Holdings

Post in 2024
Acreage Holdings, established in 2011 and headquartered in New York, is a vertically integrated, multi-state operator in the cannabis industry. It owns and operates cultivation, processing, and dispensary facilities in 13 states where cannabis is legal, either medically or recreationally. Acreage focuses on creating a consumer-centric branded cannabis experience, with a significant U.S. footprint. Its revenue is generated through retail dispensary sales of cannabis and cannabis-infused products.

Indiva

Post in 2023
INDIVA is the product of Pete’s continual effort to promote compassion and accessibility in Canada. The journey to provide access to medical cannabis has led him around the world as a master grower, political activist, and above all, a compassionate Canadian.

Wana Brands

Acquisition in 2021
Wana Brands is an infused products company based in Boulder, Colorado, established in 2010. The company specializes in producing a variety of cannabis-infused edibles designed for both recreational and medicinal users. Its product range includes gummies, chocolates, peppermints, drink mixes, and other sweet treats. Wana Brands is committed to enhancing the quality of life for its customers through the responsible use of cannabis, focusing on delivering consistent and enjoyable experiences.

Supreme Cannabis

Acquisition in 2021
Supreme Cannabis is a Canada-based company focused on the production and sale of both medical and recreational cannabis. Established in 2014, it has quickly gained recognition as a premium plant-driven lifestyle brand. The company's diverse portfolio includes 7ACRES, a multi-award-winning brand and wholly-owned subsidiary, along with other brands such as BlissCo, Truverra, Sugarleaf, and Hiway, catering to various consumer needs. Additionally, Supreme Cannabis operates Cambium Plant Sciences, which specializes in plant genetics and cultivation intellectual property, and Medigrow Lesotho, a cannabis oil producer in southern Africa. The company also has a brand partnership with Khalifa Kush Enterprises Canada, further expanding its market presence.

Ace Valley

Acquisition in 2021
Ace Valley is a cannabis brand focused on ready-to-enjoy products. Ace Valley offer a range of well-designed pre-rolls, vapes, and gummies across Canada.Ace Valley is built for relaxing and delightful experiences with friends and family.

Octarine Bio

Venture Round in 2020
Octarine Bio is a biotechnology company based in Copenhagen, Denmark, founded in 2018. The company specializes in the research and development of cannabinoid and psilocybin derivatives, utilizing synthetic biology to create a range of natural and novel compounds. Through its biosynthetic platform, Octarine Bio focuses on producing superior cannabinoids aimed at the pharmaceutical industry, improving pharmacokinetic and therapeutic properties. Its innovative approach enables healthcare professionals to better address neurological and psychological disorders, ultimately enhancing health and well-being.

BioSteel Sports Nutrition

Acquisition in 2019
BioSteel Sports Nutrition Inc. is a Canadian company specializing in the manufacture and marketing of nutritional supplements tailored for athletes and fitness enthusiasts. Founded in 2009 and based in Concord, the company offers a diverse range of products, including hydration mixes, protein supplements, creatine, collagen, beta alanine, and various apparel. BioSteel is renowned for its commitment to using premium natural ingredients and maintaining product transparency, which has established its reputation as a preferred hydration provider for high-performance athletes. Additionally, the company offers zero-sugar sports drinks and accessories such as shaker cups and water bottles, all designed to help customers achieve their fitness goals. BioSteel has operated as a subsidiary of Canopy Growth Corporation since October 2019.

MoCanna

Series A in 2019
MoCanna is a cannabis-forward company

Beckley Canopy Therapeutics

Acquisition in 2019
Beckley Canopy Therapeutics Ltd. is a biopharmaceutical company based in Oxford, United Kingdom, that specializes in developing cannabis-based products aimed at treating pain and addressing opioid addiction. Founded in 2018, the company focuses on creating cannabinoid formulations and delivery methods for individuals suffering from addiction and cancer-related pain, as well as for the reduction of opioid use. By leveraging a network of international scientific collaborators and integrating Canopy's expertise in commercial cannabis, Beckley Canopy Therapeutics is dedicated to providing safe and effective health solutions for patients and healthcare providers worldwide.

Keyleaf

Acquisition in 2019
Keyleaf is an applied contract research organization offering process development, analytical, and custom processing services for the bioprocessing industries. They specialize in extraction, fractionation, modification, and purification of bio-based materials. Industries served to include nutraceuticals, food & feed, biofuels, agriculture, cosmetics & personal care, and industrial bioproducts. Process Development Services help clients to create & optimize processes, determine technical and economic feasibility, and successfully scale up their project. Custom Processing Services help clients reduce their risk by outsourcing their manufacturing, accelerating market entry, and reaping the benefits of early sales. Customized Analytical Support provides clients with timely feedback via in-house accredited analytical services and real-time process analyses utilizing specialized scientists and technicians. Their GMP-compliant facility is comprised of 11 laboratories and 6 large separate pilot plant processing areas. They offer Quality Assurance, HACCP, and ISO 9000: 2008 certification. They hold a Health Canada NHP Site License, a Health Canada CFIA Site License, and maintain traceability and food safety systems. Keyleaf employees range from specialized scientists, engineers, technicians, operators, equipment maintenance, and materials management personnel, to information research and administrative staff.

This Works Products

Acquisition in 2019
This Works Products is a skincare and wellness brand founded in 2003 by Kathy Phillips, an international journalist and beauty expert. Drawing on her extensive knowledge of the health and beauty industry, Phillips established the company with a commitment to creating natural products that effectively deliver on their promises. This Works offers a diverse range of skincare and sleep products, including cleansers, daily moisturizers, body moisturizers, bath oils, shower gels, bath soaks, and candles. The brand prioritizes the use of natural ingredients, ensuring that its products are free from unnecessary chemicals, thereby promoting both skin health and overall wellbeing for consumers worldwide.

C3 Cannabinoid Compound Company

Acquisition in 2019
C3 Cannabinoid Compound Company specializes in the production of herbal medicines derived from cannabis. Founded in 2014 by Bionorica SE, the company focuses on the research, development, and marketing of key therapeutic compounds found in the cannabis flower, specifically tetrahydrocannabinol (THC) and cannabidiol (CBD). C3 operates in Germany, supplying both natural and synthetic cannabinoid active pharmaceutical ingredients (APIs) as well as compounding kits, including dronabinol, aimed at treating various chronic and serious illnesses. The company leverages nearly two decades of research and expertise from its parent company and partners to optimize its offerings in the cannabinoid market.

Cafina

Acquisition in 2019
Cafina is startup that researches industrial uses of hemp and marijuana.

Acreage Holdings

Acquisition in 2019
Acreage Holdings, established in 2011 and headquartered in New York, is a vertically integrated, multi-state operator in the cannabis industry. It owns and operates cultivation, processing, and dispensary facilities in 13 states where cannabis is legal, either medically or recreationally. Acreage focuses on creating a consumer-centric branded cannabis experience, with a significant U.S. footprint. Its revenue is generated through retail dispensary sales of cannabis and cannabis-infused products.

AgriNextUSA

Acquisition in 2019
AgriNextUSA is a hemp enterprise that has been at the forefront of hemp advocacy and building a vibrant hemp sector.

RIV Capital

Post in 2019
RIV Capital is a private equity investment firm based in Toronto, Canada, established in 2017. The firm focuses on the cannabis industry and related sectors, including agriculture, food sciences, pharmaceuticals, biotechnology, wellness products, consumer products, and media. RIV Capital aims to invest in companies at various stages of development, from seed to sale, but typically prefers series A to C funding rounds. Its investment strategy encompasses a wide range of areas such as cultivation techniques, product processing, retail and distribution, and consumer accessories. The firm is particularly interested in opportunities that involve innovative products like edibles, beverages, and cannabis consumption devices. RIV Capital engages in minority stake investments and applies diverse investment structures, including debt and equity options. The firm seeks to capitalize on the growth potential within the cannabis sector and its adjacent industries globally.

Storz & Bickel

Acquisition in 2018
Storz & Bickel is a leading manufacturer in the vaporization market, specializing in premium vaporizers for the inhalative application of cannabinoids. The company is recognized for its innovation and quality, offering a range of electronically controlled medical vaporizers that incorporate advanced features such as vibration alarms, cooling units, touch displays, application control, and wireless connectivity. These products are designed to enhance the user experience and ensure efficient delivery of cannabinoids, positioning Storz & Bickel at the forefront of the industry.

Ebbu

Acquisition in 2018
Ebbu is a manufacturer of marijuana-infused products focused on creating consistent and predictable cannabis experiences for consumers. The company develops a range of products by separating and purifying cannabinoids, which cater to both therapeutic and recreational needs. Ebbu's offerings aim to enhance and improve people's lives, addressing issues such as anxiety, pain, and insomnia. In addition to reliable product formulation, the company emphasizes premium packaging and engages with customers through social and digital channels, inspiring individuals to embrace and enjoy life's experiences more fully.

Canopy Health Innovations

Acquisition in 2018
Canopy Health Innovations, a bio-pharmaceutical company focused on developing innovative cannabis-based related products. The goal is to develop a range of effective formulations and delivery mechanisms that serve patients worldwide.

Hiku Brands Company

Acquisition in 2018
Hiku Brands Company is dedicated to developing a portfolio of distinctive cannabis brands and providing exceptional retail experiences. The company operates a national retail presence primarily through its flagship brand, Tokyo Smoke, and engages in craft cannabis production via DOJA's ACMPR licensed cultivation facility. Additionally, Hiku Brands emphasizes educational initiatives aimed at women through its Van der Pop brand. By combining these elements, Hiku Brands aims to establish itself as a leader in the cannabis industry, offering premium craft cannabis products and setting high standards for brand engagement and consumer experience.

BC Tweed

Acquisition in 2018
Canopy Growth’s first enterprise.

TerrAscend

Post in 2017
TerrAscend Corp. is a Canadian cannabis company that cultivates, processes, and sells medical and adult-use cannabis in Canada, the United States, and Europe. Founded in 2017 and headquartered in Mississauga, the company operates through subsidiaries that provide physician consultations, patient education, and support programs. It focuses on developing quality products that address the needs of patients, including prescription cannabinoids and medical cannabis solutions for those suffering from chronic pain and debilitating illnesses. Additionally, TerrAscend manufactures cannabis-infused artisan edibles and distributes hemp-derived wellness products to retail locations, while also operating retail dispensaries in California and Pennsylvania. The company is dedicated to drug research and development, as well as the advancement of cannabis delivery systems and health products.

Mettrum

Acquisition in 2016
Mettrum is a Health Canada licensed producer of medical cannabis, specializing in the production and sale of pharmaceutical-grade cannabis products for doctor-prescribed patients. The company offers a range of products, including whole-bud and extract forms, tailored to address various medical conditions. With a commitment to ongoing research and quality production, Mettrum prioritizes educating and supporting physicians and their patients across Canada, drawing on decades of combined expertise in the agri-pharma, distribution, and technology sectors.

MedCann

Acquisition in 2016
MedCann GmbH, founded in June 2015 by Dr. Pierre Debs and Rainer Hofmann, is a Germany-based company that specializes in the import, manufacture, and distribution of medical cannabis products. Operating from Sankt Leon-Rot, the company is federally licensed by the German Health Ministry and adheres to stringent Good Manufacturing Practices (GMP) and Good Distribution Practices (GDP) in all its operations. MedCann primarily supplies medical cannabis flowers to pharmacists, catering to patients suffering from chronic pain and various medical conditions. The founders bring a wealth of expertise, with Dr. Debs having over 25 years of research experience in stem cell biology and Hofmann boasting extensive business leadership in the Heidelberg area.
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