Canopy Growth to acquire craft marijuana retailer Hiku Brands

MJBizDaily
By Lisa Bernard-KuhnJul 10, 2018, 6:34 pm72 pts
Ontario, Canada-based Canopy Growth has inked a deal to acquire Hiku Brands, a retail-focused craft cannabis producer. Under terms of the deal, Hiku shareholders will receive 0.046 of a Canopy Growth share in exchange for each common share of Hiku. That’s equal to 1.91 Canadian dollars ($1.46) per Hiku share.…

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