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Canopy Growth acquires The Supreme Cannabis Company

Canopy Growth is set to acquire The Supreme Cannabis Company in a transaction valued at $435 million. 

Following completion of the acquisition, Canopy will possess a brand portfolio including 7ACRES. 

Other than a bigger brand portfolio, such an acquisition will grant Canopy the Supreme's hybrid greenhouse cultivation facility located in Kincardine, Ontario.

“Supreme’s deep commitment to superior genetics, top-tier cultivation and strict quality control, paired with Canopy’s leading consumer insights, advanced R&D and innovation capabilities, is expected to create a powerful combination that aligns with our strategic focus to generate growth with premium quality products across key categories,” said David Klein, Chief Executive Officer of Canopy. 

For more information:
Canopy Growth Corp. 
1 Hershey Dr.
Smiths Falls, Ontario
K7A 0A8
1 855 558 9333 x 122
invest@canopygrowth.com  
canopygrowth.com    

 


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