Canopy Growth Acquires Ace Valley (AV Cannabis Inc.)
April 1, 2021
Canopy Growth Corporation has completed the acquisition of AV Cannabis Inc. (Ace Valley), buying 100% of the Ontario-based cannabis brand to expand its portfolio of ready-to-enjoy products. Canopy plans to leverage its national sales, marketing and distribution capabilities to scale Ace Valley across Canada and optimize production to drive growth and margins.
- Buyers
- Canopy Growth Corporation
- Targets
- AV Cannabis Inc. (Ace Valley)
- Sellers
- Mike Wagman, Jesse Dallal
- Industry
- Consumer Products
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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