representative work

Cassels Acts as Strategic and Legal Advisor in Canopy Growth’s Acquisition of Supreme Cannabis


On June 22, 2021, Canopy Growth Corporation completed its acquisition of all of the issued and outstanding shares of The Supreme Cannabis Company, Inc. pursuant to a plan of arrangement under the Canada Business Corporations Act. Shareholders of Supreme received 0.01165872 of a Canopy share and $0.0001 in cash. In aggregate, Canopy issued approximately 9,013,400 shares and made a cash payment of approximately $84,096.89 pursuant to the arrangement to former Supreme shareholders as consideration for their Supreme shares.

Cassels acted as strategic and legal advisor to Canopy.