Canopy USA (Canopy Growth) Acquires Wana Brands

October 14, 2021

Canopy USA, a U.S. affiliate of Canopy Growth Corporation, has completed the acquisition of Wana (Wana Wellness, The CIMA Group, and Mountain High Products), the leading cannabis edibles brand in North America. The deal expands Canopy's U.S. brand portfolio and strengthens its position in the edibles category while providing additional distribution and DTC capabilities across state-legal and hemp-derived markets.

Buyers
Canopy USA, LLC, Canopy Growth Corporation
Targets
Wana Brands (Wana Wellness, LLC; The CIMA Group, LLC; Mountain High Products, LLC)
Industry
Food & Beverage
Location
Colorado, United States
Transaction Type
Buyout

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