Canopy Buys Acreage for $3.4 Billion in Cross-Border Cannabis Deal

Cannabis Business Times
Apr 18, 2019, 10:55 am172 pts
Canopy Growth Corp. agreed to buy Acreage Holdings Inc. for $3.4 billion in a cross-border cannabis deal that’s conditional on the U.S. eventually legalizing pot for recreational use. Canopy, the world’s largest pot company, will initially pay $300 million in cash to shareholders of New York-based Acreage,…

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