Canopy Growth pays $3.4 billion to acquire Acreage once marijuana is legalized on the federal level in the U.S.
Canopy Growth has the backing on a $35 billion company, a luxury its competitors can't claim.
CannTrust of Ontario said the deal would give it access to 3,000 acres in Southern California to cultivate hemp and produce derived cannabidiol formulations.
Shareholders of both Canopy Growth and Acreage are set to vote Wednesday on Canopy Growth's proposed $3.4 billion takeover.
Stifel Financial is in talks to acquire Toronto-based GMP Capital in a deal that would see a U.S. company swallow one of the last independent investment banks in Canada, according to The Globe and Mail.
Hexo is falling Thursday after missing analysts' quarterly revenue estimates.
Neptune Wellness shares jump after the pot extraction and purification company announces it has struck a deal to with cannabis company Green Organic Dutchman Holdings.
There's no way to play the stock of the meat alternative provider unless you are a kamikaze daredevil with a very deep pocketbook.