- Canopy Growth Corporation originally announced plans to acquire Acreage Holdings in April 2019.
- Current upside on the deal is a premium of nearly 60%.
- Final contingency of the deal hinges on developments in US Federal regulation around cannabis, the prospects of which have dramatically improved following Biden's election and the Georgia Senate Runoff Elections.
- Canopy is best positioned in their industry for further strategic acquisitions and leading the way into largely untapped markets like Europe.
For further details see:
Add Some Acreage To Your Portfolio With This M&A Opportunity