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Canopy Growth Issues 9 Million Shares to Complete Acquisition of Supreme Cannabis – New Cannabis Ventures

Canopy Growth Issues 9 Million Shares to Complete Acquisition of Supreme Cannabis – New Cannabis Ventures
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Canada's Organigram buys cannabis edibles maker to tap red-hot demand

Canada's Organigram buys cannabis edibles maker to tap red-hot demand
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Canopy Growth to Acquire The Supreme Cannabis Company

Canopy Growth to Acquire The Supreme Cannabis Company
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TORONTO, and SMITH FALLS, ON, April 8, 2021 /PRNewswire/ - Canopy Growth Corporation ( Canopy ) (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. ( Supreme Cannabis or Supreme ) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) are pleased to announce that they have entered into a definitive arrangement agreement (the Arrangement Agreement ) under which Canopy will acquire all of Supreme Cannabis issued and outstanding common shares (the Supreme Cannabis Shares ) in a transaction valued at approximately $435 million on a fully-diluted basis (the Transaction ).
Canopy Growth has announced a definitive agreement to acquire The Supreme Cannabis Company. (CNW Group/Canopy Growth Corporation) ....

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Canopy Growth to Acquire Supreme Cannabis for $435 Million in Stock

April 8, 2021 at 8:36 am
Published by NCV Newswire
Canopy Growth to Acquire The Supreme Cannabis Company
TORONTO, and SMITH FALLS, ON, April 8, 2021 /PRNewswire/ – Canopy Growth Corporation (“Canopy”) (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or “Supreme”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) under which Canopy will acquire all of Supreme Cannabis’ issued and outstanding common shares (the “Supreme Cannabis Shares”) in a transaction valued at approximately $435 million on a fully-diluted basis (the “Transaction”).
Under the terms of the Arrangement Agreement, Supreme Cannabis shareholders will receive 0.01165872 of a Canopy common share (the “Exchange Ratio”) and $0.0001 in cash in exchange for each Supreme Cannabis Share held. The Transaction provides Supre ....

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Canopy Growth (CGC) to Acquire The Supreme Cannabis Company (SPRWF) for ~$435M in Mostly Stock

Canopy Growth (CGC) to Acquire The Supreme Cannabis Company (SPRWF) for ~$435M in Mostly Stock
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