Canopy USA is now positioned to consolidate operations across its three business units – Wana, Jetty, and Acreage – realizing synergies, cost savings, and supporting growth in state-legal markets across the U.S.Through coverage of key market segments including flower via Superflux, vape and concentrates via Jetty, edibles and beverages via Wana, and retail through The Botanist, Canopy USA is well positioned to accelerate growth with an emphasis on the Midwestern and Northeastern U.S. marketsSMITHS FALLS, ON and NEW YORK, Dec. 9, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth“) (TSX: WEED) (NASDAQ: CGC) and Acreage Holdings, Inc. (“Acreage“) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) today confirmed that Canopy USA, LLC (“Canopy USA“) has completed its acquisition (the “Acreage Acquisition“) of Acreage. Canopy USA now owns 100% of the issued and outstanding shares of Acreage.Together with the completed acquisition of 100% of Wana Wellness, LLC, The CIMA Group, LLC and Mountain High Products, LLC (collectively, “Wana“), as announced on October 9, 2024, and approximately 77% of the shares of Lemurian, Inc. (“Jetty“) as announced on June 4, 2024, Canopy USA is fulfilling its ambition of establishing a leading brand-focused cannabis company in the U.S.“Completing the acquisition of Acreage marks the final step in establishing Canopy USA as a unified platform which we believe offers significant upside as the Canopy USA portfolio of brands can now…
