Wana Make $300,000,000? – Canopy Growth Gets Ready to Buy Edibles Maker Wana Brands
Written by on October 24, 2021
The agreement between Canadian giants Canopy Growth and Wana Brands is reportedly set to cost Canopy Growth 297.5 million dollars if the company aims to acquire all subsidiaries of the Wana entity. This includes Wana Wellness, Mountain High Products, and the Cima Group. The acquisition will require Canopy Growth to pay 15 percent of the fair market value of these entities under Wana Brands. However, for now, the agreement is still only in principle as all these entities continue to operate independently.