A Canadian company agreed to buy one of the biggest U.S. marijuana growers in a $3.4 billion deal, but the acquisition is contingent on cannibis production and sales becoming legal in the U.S. at the federal level
Canopy Growth Corp. has agreed to buy one of the biggest U.S. marijuana growers in a $3.4 billion deal as the Canadian company charts a path into the American market.
However, the companies said Thursday that Canopy’s acquisition of Acreage Holdings Inc. is contingent upon cannabis production and sales becoming legal at a federal level in the U.S.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Canadian weed giant Canopy Growth strikes $3.4 billion deal to buy Acreage after US legalization
Leer más »
Canopy Growth nearing deal to buy U.S.-based pot company Acreage Holdings: sourceCanadian marijuana producer Canopy Growth Corp is close to a deal to buy U.S.-ba...
Leer más »
Canopy Growth isn’t buying Acreage Holdings, it’s buying the right to buy Acreage HoldingsCanopy Growth Corp. is not outright acquiring Acreage Holdings Inc., as reports said Wednesday, but it is preparing to pay billions for the rights to buy the...
Leer más »
Weed giant Canopy Growth closing in on deal to buy Acreage HoldingsCanadian cannabis giant Canopy Growth is close to a deal to purchase Acreage Holdings, sources familiar with the deal told CNBC.
Leer más »
Canopy Growth stock climbs more than 10% after report of potential merger with U.S. pot companyCanopy Growth Corp. shares spiked more than 10% higher in after-hours trading Wednesday after reports that it is preparing to acquire U.S. pot producer...
Leer más »
Cannabis stocks rally as Canopy secures future foothold in the U.S.Cannabis stocks rallied on Thursday, boosted by the news that the biggest company in the sector by market cap has bought the rights to acquire a U.S....
Leer más »
Weed giant chooses odd way to lay down U.S. rootsCanopy Growth has struck an unusual deal to buy an American rival for $3.4 bln – if marijuana becomes legal there. It’s a clever way of getting into the world’s biggest market. The question is why the Canadian outfit would want a company happy to accept this lopsided arrangement.
Leer más »
Several ECB policymakers doubt projected growth rebound: sourcesSeveral European Central Bank policymakers think the bank's economic projec...
Leer más »
Asian shares supported by global growth hopes, eyes on earningsAsian shares started on a firm footing on Monday and the dollar eased as risk ap...
Leer más »
Why a $1 billion Medicare fraud case could impede telemedicine growthOne of the largest healthcare fraud schemes to date could amplify concerns regarding malpractice in telemedicine and curb its adoption.
Leer más »
A key Tesla supplier cuts growth plans, raising red flags over demand for the Model 3Panasonic is freezing plans to expand its role as Tesla’s electric car battery supplier, a move that raises new questions about demand for Tesla’s Model 3 — and the company’s future.
Leer más »