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'Scale Is Really the Thing' in Canopy's Planned Acquisition of U.S. Cannabis Company Acreage

Video Credit: Cheddar Inc. - Duration: 02:24s - Published < > Embed
'Scale Is Really the Thing' in Canopy's Planned Acquisition of U.S. Cannabis Company Acreage

'Scale Is Really the Thing' in Canopy's Planned Acquisition of U.S. Cannabis Company Acreage

Canadian cannabis giant Canopy Growth announced on Thursday a major deal to acquire Acreage Holdings, a U.S. medical cannabis company whose board includes former U.S. House Speaker John Boehner.

The blockbuster deal will effectively cement the Canopy's presence in the burgeoning U.S. marijuana industry ー but only after marijuana is legalized on the federal level.

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