Will Canopy Growth Get Acquired?
Curaleaf is attempting to acquire Canopy Growth's rival, Aurora Cannabis, and there could be more consolidation to come in the industry.
Overview
After seeing rival Aurora Cannabis (NASDAQ: ACB) receive a bid from large multi-state operator Curaleaf, investors may no doubt be wondering if Canopy Growth (NASDAQ: CGC) could be the next Canadian company that comes into the crosshairs of a larger U.S.-based business.
Canopy Growth has long been an iconic company in the cannabis market, particularly in Canada. Could an acquisition be looming in the near future?
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Details
Source
Originally published at www.fool.com.
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