Canopy USA (Canopy Growth) Completes Acquisition of Acreage Holdings
December 9, 2024
Canopy USA, an affiliate of Canopy Growth Corporation, has completed its acquisition of Acreage Holdings, acquiring 100% of Acreage's outstanding shares. The transaction consolidates Canopy USA's U.S. cannabis assets (including Wana and Jetty) into a unified, brand-focused platform to realize cost synergies, expand retail and product reach across Midwestern and Northeastern U.S. markets, and accelerate growth in state-legal markets.
- Buyers
- Canopy USA, Canopy Growth Corporation
- Targets
- Acreage Holdings, Inc.
- Sellers
- Acreage shareholders
- Industry
- Retail
- Location
- New York, United States
- Transaction Type
- Buyout
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