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Your email address will not be published.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

$RMHB Signs One Year Advertising Agreement with LyonPride Music

Rocky Mountain High Brands Signs One Year Advertising Agreement with LyonPride Music…

Charlotte’s Web Holdings, Inc. (CWEB) (CWBHF) Names Russell Hammer as Chief Financial Officer

Charlotte’s Web Names Russell Hammer as Chief Financial Officer    (TSX: CWEB,…

Player’s Network, Inc. (PNTV) Forms GLFI, Inc as the Vehicle to Finance the Development of Non-US Cannabis Assets

PNTV Forms GLFI, Inc as the Vehicle to Finance the Development of…

CannTrust Holdings Inc. (CNTTF) to Proceed Immediately with Phase III Construction in Town of Pelham

CannTrust to Proceed Immediately with Phase III Construction in Town of Pelham…