representative work

Canopy Growth Completes Acquisition of Ace Valley


On April 1, 2021, Canopy Growth Corporation completed the acquisition of AV Cannabis Inc. (“Ace Valley”), one of Ontario’s leading cannabis brands. Ace Valley holds top 5 and top 10 market positions in Ontario across its range of SKUs and complements Canopy Growth’s existing portfolio of premium vapes, pre-roll joints and gummies.

Cassels represented Canopy Growth with a deal team comprised of Jonathan Sherman, Aly Somani, Chad Podolsky and Thea Gaertner (Business, M&A and Cannabis), Chris Norton (Tax), Chandimal Nicholas and Marco Ciarlariello (Intellectual Property and Cannabis), Chuck Rich, Daniel Cipollone and Amanda Scolieri (Banking & Specialty Finance and Cannabis) and Kristin Taylor and Maria Constantine (Employment & Labour).