Canadian cannabis giant to ingest Wana edibles brand for nearly $300M - NewsBreak
By Gomez in Business
Updated 3 years ago
Canopy Growth Corp. (TSX: WEED, Nasdaq: CGC), an Ontario, Canada-based cannabis brand umbrella company, has inked an agreement with Boulder's Wana Brands to acquire the pot gummies maker for $297.5 million in cash and other considerations. The agreement gives Canopy call options to buy each of Wana's three entities —...