Canopy acquires German cannabis company C3 for $253 million

MJBizDaily
By Alfredo PascualMay 2, 2019, 10:48 am163 ptsTrending
Canadian marijuana giant Canopy Growth has acquired Germany-based C3 Cannabinoid Compound Company from Bionorica in an all-cash deal for 226 million euros ($253 million). The deal is one of the largest cannabis acquisitions in the European market to date. C3 generated revenue of $30 million in 2018 from five…

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