Shares of Canopy Growth Corp. (CGC) is gaining around 5% in the pre-market trading after the holding company announced that it has appointed Brooks Jorgensen as President with effect from January 6.
Jorgensen with 25 years of experience is the first President of the company.
In the pre-market trading, CGC is 4.08% high at $3.06 on the Nasdaq.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.