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'Scale Is Really the Thing' in Canopy's Planned Acquisition of U.S. Cannabis Company Acreage

Credit: Cheddar Inc.
Published on April 18, 2019 - Duration: 02:24s

'Scale Is Really the Thing' in Canopy's Planned Acquisition of U.S. Cannabis Company Acreage

Canadian cannabis giant Canopy Growth announced on Thursday a major deal to acquire Acreage Holdings, a U.S. medical cannabis company whose board includes former U.S. House Speaker John Boehner.

The blockbuster deal will effectively cement the Canopy's presence in the burgeoning U.S. marijuana industry ー but only after marijuana is legalized on the federal level.

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