Key Takeaways; Cannabis Sector • Canopy Growth successfully concluded BioSteel sale. • Jushi filed CA$600 million shelf prospectus for strategic flexibility. • MTL Cannabis reported soaring Q2 revenue after merger. • 22nd Century Group is streamlining operations by selling its hemp division for $2.25 million. Key Takeaways; Psychedelic Sector • Awakn’s recent regulatory and ethical […] The post Weekly Roundup on the Cannabis Sector & Psychedelic Sector appeared first on Market Exclusive.
Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today provided an update that pursuant to the proceedings under the Companies' Creditors Arrangement Act (the "CCAA") involving BioSteel Sports Nutrition Inc. ("BioSteel Canada"), that two sale transactions transferring the assets of BioSteel Canada and BioSteel Manufacturing, LLC ("BioSteel Manufacturing") have been completed for aggregate gross proceeds of $30.4 million.
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