Canopy Growth to acquire Supreme Cannabis in latest tie-up in busy weed sector
By Frank in Business
Updated 3 years ago
Canopy Growth Corp. said Thursday it has reached an agreement to acquire Toronto-based Supreme Cannabis Co. Inc. in the latest M&A deal in a cannabis sector that is seeing a burst of activity amid hopes for reforms of strict U.S. laws. Canopy. CGC,. -4.40%. WEED,. -4.11%. said the stock-and-cash deal...