Deal extends Canadian medical cannabis grower’s footprint west

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Canopy Growth, already one of Canada’s biggest licensed medical marijuana producers, finalized its purchase of rTrees Products, a move that extends Canopy’s cultivation operations into the western reaches of the country.

The two companies entered into the acquisition agreement in early April before finalizing the deal this week. Terms weren’t disclosed.

rTrees Products – which will be known as Tweed Grasslands going forward – is undergoing final inspections and expects to be awarded an MMJ cultivation license in a few months, a spokesman told CBC News.

Tweed Grasslands is located in Yorkton, Saskatchewan.

“Finding

Deal extends Canadian medical cannabis grower’s footprint west is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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