Hiku Brands, a prominent name in the Canadian cannabis sector, emerged from the strategic merger of Tokyo Smoke and DOJA Cannabis in 2018. The term “Hiku” is inspired by the Japanese “haiku,” a minimalist form of poetry that captures profound meaning in just a few words. This reflects Hiku Brands’ philosophy of delivering a curated and meaningful cannabis experience. Since its inception, Hiku Brands has been a pioneer in integrating cannabis with lifestyle, offering a range of premium products and unique retail environments. The brand has evolved alongside the rapidly changing cannabis landscape, continually innovating to meet the demands of discerning consumers. Hiku Brands stands as a testament to the fusion of tradition and modernity in the cannabis industry, embodying a commitment to excellence and creativity. [Source: Wikipedia, Financial Post]
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a cannabis company based in Smiths Falls, Ontario.
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Company type | Medical marijuana and, in Canada, recreational marijuana |
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TSX: WEED Nasdaq: CGC | |
ISIN | CA1380351009 |
Industry | Cannabis |
Predecessor | Tweed Marijuana Inc. Bedrocan Canada Inc. |
Founded | 2013 |
Founders | Bruce Linton, Mark Zekulin, Chuck Rifici |
Headquarters | , |
Area served | Worldwide |
Products | Medical cannabis, recreational cannabis |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 1,029 (2024) |
Website | www www www |
In April 2019, Canopy was the world's largest cannabis company based on the value of all shares or market capitalization. At that time, Constellation Brands Inc. controlled over 35% percent of the company which had approximately 3,200 employees. The year 2019 created new challenges for the company however, with its stock price dropping by about 32%. In the next two years (to the end of 2021) its shares dropped an additional 55%. In September 2022, the company announced divestiture of its Canadian retail operations, selling its 28 retails stores across the country to other cannabis companies.