Canopy Growth Makes Another Big Move Towards U.S. Expansion

Expansion into the U.S. pot market is a key area of focus for Canadian marijuana producer Canopy Growth (NASDAQ: CGC). The company was working on deals to enter the U.S. well before its peers explored this opportunity. In 2019, it inked a still-pending deal with multi-state operator Acreage Holdings to accelerate its growth into the market, but that deal will only happen if and when the U.S. opens for business through federal legalization.

This month, Canopy Growth announced yet another move into America. But this deal doesn't need to wait for marijuana legalization.

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Source Fool.com