Canopy Growth signs deal to buy MTL Cannabis in agreement valued at $125M [BNN Bloomberg (Canada)]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: BNN Bloomberg
The deal is expected to help boost Canopy Growth's position in Canada's medical cannabis market. Canopy Growth chief executive Luc Mongeau says MTL's cultivation expertise, combined with his company's scale, positions it to improve product quality, expand supply and accelerate its path to profitable growth. Under the terms of the agreement, MTL shareholders will receive 0.32 of a common share of Canopy Growth and 14.4 cents in cash for each MTL share they hold. Canopy shares closed at $2.40 on the Toronto Stock Exchange on Friday. The deal requires regulatory and MTL shareholder approval. Closing of the transaction is expected to occur before the end of February. This report by The Canadian Press was first published Dec. 15, 2025.
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News
- I Think Canopy Growth Is Already Priced For Rescheduling [Seeking Alpha]Seeking Alpha
- The Daily Chase: Inflation holds steady [BNN Bloomberg (Canada)]BNN Bloomberg
- Canopy Growth to buy MTL Cannabis in deal valued at $125-million [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canopy Growth signs deal to buy MTL Cannabis in agreement valued at $125M [Yahoo! Finance Canada]Yahoo! Finance Canada
- Canopy Growth to Acquire MTL Cannabis; Transaction Expected to Create Canada's Leading Medical Cannabis Business and Enhance Capacity to Serve Growing International Demand [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 11/7/25 - Beat
CGC
Sec Filings
- 12/15/25 - Form 8-K
- 11/7/25 - Form 8-K
- 11/7/25 - Form 10-Q
- CGC's page on the SEC website