Deals
Canopy Growth Readies for CBD Sports Products With BioSteel Deal
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Canopy Growth Corp. has completed an all-cash deal for a majority stake in BioSteel Sports Nutrition Inc. as the marijuana company seeks to expand its product offering.
“This acquisition allows us to enter the sports nutrition space with a strong and growing brand as we continue towards a regulated market of food and beverage products that contain cannabis,” Canopy CEO Mark Zekulin said in a statement Wednesday.