Canopy Growth owns 55% of Les Serres Vert Cannabis. If the deal is completed, Canopy Growth will own the entire company.
Canopy Growth issued 15.2 million common shares to Les Serres Stephane Bertrand as part of an amended agreement for the Canadian cannabis company to buy a 45% stake in Les Serres Vert Cannabis.
Canopy Growth WEED, +9.09% CGC, +13.24% owns 55% of Les Serres Vert Cannabis. If the deal is completed, Canopy Growth will own the entire company.Earlier this month, Canopy Growth agreed to sell a facility in Smiths Falls, Ontario, to Hershey for 53 million Canadian dollars in an effort to contain costs. It was the seventh property the company has sold since April.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HHS calls for easing restrictions on marijuana, sending cannabis stocks higherThat move could potentially expand the market for cannabis, sending shares of Canopy Growth, Tilray Brands and Cronos Group higher.
Read more »
Charter schools in Houston area seeing growth, waitlists and successWhen most think of a school system in our area, what immediately comes to mind is their local school district.
Read more »
The Blockchain Era: A Catalyst for Technological Development and GrowthThe Blockchain Era: A Catalyst for Technological Development and Growth
Read more »
WEG partnership with Panaco strengthens presence and boots growth in the DRCThe strengthened presence of WEG in the Democratic Republic of Congo (DRC) through its strategic alliance with Panaco, its Value-Added Reseller (VAR), has proven to be highly successful. Thierry Kakese, WEG’s Regional Manager – Central Africa, attributes this success to the alignment of business models between the two companies. “As a major player, WEG has long been dedicated to establishing and nurturing a robust VAR partner network in the Central African region, ensuring sustainable growth and expanding our installed base of products and solutions,” he says.
Read more »
Jefferies names Splunk a top pick, says turnaround can result in 'mid-teens' sales growthAnalyst Brent Thill kept his buy rating on the software platform and a price target of $140, but said the stock could go to $160 under the most bullish case.
Read more »
E.l.f. Buys Skincare Brand Naturium. CEO Says It’s ‘Growth on Top of Growth.’E.l.f. purchases Naturium for $355 million in a cash-and-stock deal.
Read more »