Canopy Growth issued 15.2 million widespread shares to Les Serres Stephane Bertrand as a part of an amended settlement for the Canadian hashish firm to purchase a forty five% stake in Les Serres Vert Cannabis.
Canopy Growth
WEED,
CGC,
owns 55% of Les Serres Vert Cannabis. If the deal is accomplished, Canopy Growth will personal all the firm.
Les Serres Vert Cannabis is a licensed medical-marijuana producer in Quebec.
Earlier this month, Canopy Growth agreed to promote a facility in Smiths Falls, Ontario, to Hershey for 53 million Canadian {dollars} ($39.2 million) in an effort to include prices. It was the seventh property the corporate has offered since April.
Source web site: www.marketwatch.com