Canopy Growth stock climbs on report of potential deal with U.S. pot company
Canopy Growth Corp. CGC, +2.81% shares spiked more than 10% higher in after-hours trading Wednesday after reports that it is preparing to acquire U.S. pot producer Acreage Holdings Inc. Bloomberg and CNBC reported that the two are in discussions, and that Canopy has shopped around for other U.S.-based assets.
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