420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com
Canopy Growth Corp., the federally licensed Canadian cultivator that made history earlier this year when it listed on the Toronto Stock Exchange, distinguished itself again Monday when its stock closed at 11.16 Canadian dollars, making it the first cannabis company to be valued at more than $1 billion ($743,060,740).
Canopy is now valued at almost CA$1.3 billion, according to CBC News. The Smith Falls, Ontario, company reported a profit of CA$5.4 million for the quarter that ended Sept. 30 stemming from almost CA$8.5 million in revenue.
Canopy has nearly quadrupled its patient count from 6,200 patients one year