Canopy Growth inks $297M deal to give up stake in Canopy Rivers

Mugglehead
By Jared GnamDec 21, 2020, 7:05 pm179 pts
Canadian weed giant Canopy Growth Corp. (TSX: WEED) is giving up ownership in its venture capital firm Canopy Rivers Inc. (TSX: RIV), in a deal valued at $297 million. Under the terms of the agreement, Canopy Growth said Monday it will receive exchangeable shares, warrants and debt in TerrAscend Corp. (CSE:…

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