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home / news releases / CGC - Canopy Growth Strikes 2 Deals

CGC - Canopy Growth Strikes 2 Deals

Canopy Growth Corporation

Canopy Growth (NYSE: CGC), which is considered a leading marijuana stock, is reconfiguring itself with a pair of deals announced on Monday.

The first is the company's closing of its acquisition of U.K.-based Beckley Canopy Therapeutics. That entity, which focuses on the research of cannabis-based pharmaceuticals, was a joint venture it formed in 2018 with a think tank called Beckley Research & Innovation.

Image source: Getty Images.

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Stock Information
Company Name: Canopy Growth Corporation
Stock Symbol: CGC
Market: NYSE
Website: canopygrowth.com
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