Canopy USA is fulfilling its ambition of establishing a leading brand-focused cannabis company concentrated on state-legal markets and hemp-derived products across the U.S.
SMITHS FALLS, ON, Oct. 9, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) today confirmed that Canopy USA, LLC (“Canopy USA“) has completed its acquisition of Wana (as defined below), inclusive of Wana Wellness, LLC, The CIMA Group, LLC, and Mountain High Products, LLC (collectively, “Wana”). Canopy USA now owns 100% of the outstanding equity interests in Wana.
Together with the completed acquisition of approximately 75% of the shares of Lemurian, Inc. (“Jetty”) as announced on June 4, 2024, Canopy USA is fulfilling its ambition of establishing a leading brand-focused cannabis company in the U.S. Wana and Jetty have identified areas of collaboration, including the establishment of a joint sales force in the…
