Maybe there's hope for TGIF? We are pleased to announce that we have entered into a definitive agreement with Canopy Growth Corporation (TSX: WEED, NASDAQ: CGC), under which Canopy will acquire Supreme Cannabis, in a transaction valued at approximately $435 million on a fully-diluted basis.
“We have been successful at delivering great products that achieved strong customer loyalty and operating at levels of efficiency that are industry-leading. Combining Supreme Cannabis with Canopy – a Canadian market leader with exposure to the United States – presents a significant value creation opportunity for both companies.”
- Beena Goldenberg, President and CEO of Supreme Cannabis.