representative work

Canopy Growth Completes Sale of Hershey Drive Facility


On October 2, 2023, Canopy Growth Corporation completed the sale of its Hershey Drive facility to Hershey Canada, Inc. for cash considerations of approximately $53 million.

The sale of the facility is part of Canopy Growth’s transformation to a simplified, asset-light operating model. Canopy Growth will continue to retain its Smiths Falls-based post-harvest manufacturing facility.

Cassels acted for Canopy Growth.