Canopy Growth Buys London-Based Natural Skincare Company This Works

shares were up 0.6% in premarket trading after the company announced that it purchased London-based skincare and sleep solutions company This Works for C$73.8 million. The company offers a range of natural skincare and sleep solution products, including a deep sleep pillow spray, morning expert hyaluronic serum and a dry leg oil. This Works CEO Anna Persaud will stay on as head of business operations after the acquisition with Canopy Growth supporting the company’s current operations with an accelerated focus on global expansion and product development, including skincare and sleep solution products infused with CBD.