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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