Thu 10/03/2019 08:42 AM
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Relevant Documents:
Acreage Holdings’ Press Release
Canopy Growth’s Press Release


Takeaways
 
  • Acreage Holdings Inc. and Canopy Growth Corp. separately announced late yesterday, June 19, that their shareholders approved the merger of the two companies.
  • Acreage and Canopy Growth announced their deal in April 2019.
  • While shareholders at both companies have approved the transaction, the deal still remains subject to a change or removal of regulations in U.S. federal laws to permit the general cultivation, distribution and possession of marijuana.

Acreage Holdings Inc. and Canopy Growth Corp. separately announced late yesterday, June 19, that their shareholders approved the merger of the two companies.

Acreage and Canopy Growth announced their deal in April 2019. While shareholders at both companies have approved the transaction, the deal still remains subject to a change or removal of regulations in U.S. federal laws to permit the general cultivation, distribution and possession of marijuana.
 
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