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CGC stock jumps after Canopy Growth announces MTL acquisition
short by / on Monday, 15 December, 2025
Canopy Growth shares rose after the company agreed to acquire MTL Cannabis in a deal valued at $179 million on an enterprise basis. The transaction is expected to be accretive, deliver about $10 million in annual synergies within 18 months, and strengthen CGC's flower supply for European medical markets.
read more at Stocktwits