(Image via Canopy Growth Corp.)
Canopy Growth Corp. (TSX: WEED) announced on Thursday that it had completed the acquisition of
AV Cannabis Inc., a cannabis brand based out of Ontario. With a strong focus on “ready-to-enjoy products” (pictured above) intended to strengthen Canopy’s house of brands and leverage WEED’s top national sales, marketing, and distribution capabilities to expand the product portfolio and scale the brand across Canada.
Based on Ontario Cannabis Store sales data, Ace Valley holds top 5 and top 10 market positions in Ontario across its range of SKUs and complements Canopy Growth’s existing portfolio of premium vapes, pre-roll joints, and gummies.
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