anopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Wednesday that Canopy USA, LLC has completed its acquisition of Wana. The deal includes Wana Wellness, LLC, The CIMA Group, LLC, and Mountain High Products, LLC. The top edibles brand, Wana, generated roughly $150 million in retail sales across 19 states in 2023. Canopy USA now owns 100% of the outstanding equity interests in Wana. Combined with the wrapped-up acquisition of roughly 75% of the shares of cannabis edibles producer, Lemurian, Inc. (Jetty) as announced this past June, Canopy USA has fulfilled its plan to set up a brand-focused cannabis company in the U.S.
anopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced on Wednesday that Canopy USA, LLC has completed its acquisition of Wana. The deal includes Wana Wellness, LLC, The CIMA Group, LLC, and Mountain High Products, LLC. The top edibles brand, Wana, generated roughly $150 million in retail sales across 19 states in 2023. Canopy USA now owns 100% of the outstanding equity interests in Wana. Combined with the wrapped-up acquisition of roughly 75% of the shares of cannabis edibles producer, Lemurian, Inc. (Jetty) as announced this past June, Canopy USA has fulfilled its plan to set up a brand-focused cannabis company in the U.S. Read More