Canopy Growth Corporation(TSX:WEED) (NASDAQ:CGC) announced on Tuesday today that the option toacquire all of the issued and outstanding Class E subordinate voting sharesofAcreage Holdings, Inc.(CSE:ACRG, ACRG.B.U))) (OTCQX:ACRHF, ACRDF))), hasbeen exercised.
What Happened
The latest move is by the terms of the arrangement agreement dated April 18, 2019, as amended, between Canopy Growth and Acreage.
In connection with the arrangement agreement dated October 24, 2022, by and among Canopy Growth, Canopy USA, LLC and Acreage, as amended, in respect of the Class D subordinate voting shares of Acreage, on closing, Canopy USA will...
Login or create a forever free account to read this news
Sign up/Log in