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Canopy Growth Completes Acquisition of MTL Cannabis Creating Canada's Leading Medical Cannabis Business By Revenue

This news release constitutes a “designated news release” for the purposes of Canop...

articleCanopy Growth CorporationMarch 16, 20263/company/canopy-growth-corp/news/canopy-growth-completes-acquisition-of-mtl-cannabis-creating-canadas-leading-medical-cannabis-business-by-revenue
Canopy Growth Completes Acquisition of MTL Cannabis Creating Canada's Leading Medical Cannabis Business By Revenue

About this update from Canopy Growth Corporation

[{"type":"text","content":"Canopy Growth Completes Acquisition of MTL Cannabis Creating Canada’s Leading Medical Cannabis Business By Revenue\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignt { vertical-align: top }\n \n\n\n\n\n This news release constitutes a “designated news release” for the purposes of Canopy Growth’s prospectus supplement dated August 29, 2025 to its short form base shelf prospectus dated June 5, 2024\n \n\n\n\n All financial amounts in this press release are expressed in Canadian dollars.\n \n\n\n\n Strengthens Canopy Growth’s core Canadian platform, providing additional high-quality flower to support international growth\n \n\n\n\n Expected run-rate synergies of approximately $10 million within 18 months\n \n\n\n\n Canopy Growth’s leadership team and operational depth strengthened through addition of MTL management team members\n \n\n\n\n\n Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) and MTL Cannabis Corp. (“MTL Cannabis” or “MTL”) (CSE: MTLC) (OTCQX: MTLNF) today announced the completion of the\n \n previously announced\n \n arrangement (the “Arrangement”), whereby, among other things, Canopy Growth has acquired all of the issued and outstanding common shares of MTL (the “MTL Shares”).\n \n\n This press release features multimedia. View the full release here:\n \n https://www.businesswire.com/news/home/20260315884881/en/\n \n\n\n\n\n Canopy Growth has completed its acquisition of MTL Cannabis to create a stronger platform for Canadian and international growth.\n \n\n\n The combined company establishes Canada’s leading medical cannabis platform and strengthens Canopy Growth’s broader business through expanded premium flower supply, enhanced operating execution and ability to meet demand in regulated international medical markets, including Europe. Additionally, the integration of a profitable, cash-generating business supports the Company’s objective of...

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