Item 2. Properties
Item 2. Properties.
Our corporate headquarters is located in Smiths Falls, Ontario, Canada. Our primarily cultivation facilities are located in Ontario and British Columbia. Online, Canopy Growth CBD products are purchased by consumers on marthastrewartcbd.com which ship direct to consumers in all CBD permissible U.S. states. Outside Canada and the United States, in addition to our material properties described below, we maintain corporate office space for the European market in Sankt Leon-Rot, Germany. Further, the corporate offices and production facility of Storz & Bickel are located in Tuttlingen, Germany.
We believe that our facilities, taken as a whole, are in good condition and working order. Within our global cannabis and other consumer products segments, we believe we have adequate capacity to meet our current needs for the foreseeable future.
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During the year ended March 31, 2024, we reorganized our operations and consolidated or wound down some of our properties. As of March 31, 2024, our material owned or leased properties consisted of the following:
Facility Location
Type
Segment
Property Owned/Leased
Utilization
(Full or Partial)
CANADA
Smiths Falls, Ontario
Production / processing, Manufacturing, Distribution, R&D, Corporate
Licensed for cultivation
Canada Cannabis
Owned, subject to mortgage in favor of Wilmington Trust, National Association, in connection with the Credit Facility
Full
Kincardine, Ontario
Cultivation
Canada Cannabis
Owned, subject to mortgage in favor of Wilmington Trust, National Association, in connection with the Credit Facility
Full
Kelowna, British Columbia
Cultivation
Canada Cannabis
Owned
Full
EUROPE
Tuttlingen, Germany
Manufacturing (Storz & Bickel)
Storz & Bickel
Owned
Full
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