Canopy Rivers deal
I'm confused by this deal and how it was structured. Canopy growth gave close to three hundred million dollars to canopy Rivers who is market cap is roughly $170 million dollars. For 300 million or maybe 350 million oh, why didn't canopy growth just completely take over canopy Rivers. We already on roughly 27% of the share float and 84% of the vote. Seems like we grossly overpaid for what we got. Can anyone shed some light on this for me?