Canopy Growth Corp. Gets Ebbu Inc.

Canopy Growth Corp. Gets Ebbu Inc.

by | Oct 19, 2018 2:10 pm | Pharmaceuticals

October 17, 2018 was a big day for Canada, which officially allowed adult recreational cannabis use across all provinces beginning at midnight. There was a flurry of deal making in the week leading up to the event, mostly from MedMen Enterprises (OTCQB: MMNFF) here in the States, as it snapped up dispensaries and their licenses. Up in Canada, Canopy Growth Corporation (NYSE: CGC) made its own acquisition. Canopy Growth, based in Smith Falls, Ontario, is a global cannabis and help company with a current market cap of  nearly $10.7 billion. On a trailing 12-month basis, it generated revenue of $66.1 million and a net loss of $106.4 million, so you can see there are some investors... Read More »