Cannabis Report

Cannabis Report: Canopy Growth’s Acreage Deal Meets Resistance; New Jersey Gets Petty

Cannabis Report: Canopy Growth’s Acreage Deal Meets Resistance; New Jersey Gets Petty

In the last Cannabis Report, we told you about Canopy Growth Corp.’s deal to buy Acreage Holdings for $3.4 billion if the U.S. legalizes marijuana at the federal level. We think it’s a fantastic deal for Canopy Growth – especially because it locks in a 2019 price for Acreage.

One Acreage Holdings investor agrees that it’s a good deal for Canopy Growth – too good, in fact…

In Illinois, the legislative session ends in a few weeks, so lawmakers are running out of time to make a big decision about recreational marijuana. And in New Jersey, petty politics are getting in the way of important change.

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