marijuana stocks news

April 18 (Reuters) – Canadian marijuana producer Canopy Growth Corp said on Thursday it would buy U.S.-based pot firm Acreage Holdings in a deal valued at $3.4 billion.

Acreage Holders will receive an immediate payment of $300 million, or about $2.55 per Acreage subordinate voting share. (Reporting by Arundhati Sarkar in Bengaluru; Editing by Anil D’Silva)


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

$MCIG Reports Positive Operating Cash Flow

mCig(R), Inc. Reports Positive Operating Cash Flow 240% Increase in Quarterly Revenue…

$HEMP Completes First Year of Kenaf

Hemp, Inc. Completes First Year of Kenaf (a Cousin Plant to Industrial…

TerrAscend Corp. (TRSSF) Announces Amendment of Pennsylvania Credit Agreement

TerrAscend Announces Amendment of Pennsylvania Credit Agreement TerrAscend Corp. (“TerrAscend”) (CSE: TER)…

SOL Global Investments Corp. (SOL) (SOLCF) Changes to Management Team and Executive Board of Directors

SOL Global Announces Changes to Management Team and Executive Board of Directors…