Canopy Growth Acquires This Works

May 22, 2019

Canopy Growth Corp. acquired London-based beauty and wellness brand This Works for £43 million. The deal gives Canopy a consumer-facing platform to expand into CBD-infused wellness and sleep products and extend its reach across This Works' existing international retail and e-commerce channels.

Buyers
Canopy Growth Corp.
Targets
This Works
Sellers
Tengram Capital Partners
Location
England, United Kingdom
Transaction Type
Buyout

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