Cannabis Update: Canopy Growth and Acreage Holdings

The two parties have agreed to a deal for Canopy to acquire Acreage Holdings when cannabis becomes federally legal in the U.S. We looked at the charts of CGC in the middle of the month by the way. The deal will make it easier for Canopy Growth to dominate in the U.S., Linton said. Canopy can pass on its brands, skills and intellectual property, to what is already a great operation in the U.S. Murphy added that Acreage Holdings has an excellent management team and its board of directors is very solid with great values.