Article Date 02/04/2021

Canopy Growth acquires popular cannabis brand Ace Valley

Source Financial Post

Ace Valley's products target the premium end of the cannabis market, and are popular with millennials and Gen-Z

Emerging cannabis giant Canopy Growth Corp. said Thursday it has acquired Toronto-based consumer marijuana brand AV Cannabis Inc. (Ace Valley), in a bid to boost its brand offering.

The company sells five of the 10 most popular cannabis products in Ontario, the company said, citing Ontario cannabis store sales data.

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