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Benzinga

Business

Jelena Martinovic

Canopy Growth Wraps Up Acreage Acquisition Expanding US Cannabis Portfolio, What Investors Need To Know

Canopy Acreage Canopy Growth United States Canopy USA David Klein Canopy Growth Corporation CGC

Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) said on Monday that it has fully acquired Acreage Holdings, Inc. (CSE:ACRG, ACRG.B.U)) (OTCQX: ACRHF, ACRDF) via Canopy USA, LLC, its US-domiciled holding company.

Canopy USA, created in 2022 to streamline the Canadian cannabis giant’s entry into the US market, now owns 100% of the issued and outstanding shares of Acreage.

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