Canopy Growth Corp. CGC, +2.81% shares spiked more than 10% higher in after-hours trading Wednesday after reports that it is preparing to acquire U.S. pot producer Acreage Holdings Inc. Bloomberg and CNBC reported that the two are in discussions, and that Canopy has shopped around for other U.S.-based assets.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
I’ve been holding patiently and adding for everyone to realize this 😊🤯
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wage growth is accelerating, and that may be bad news for stock-market bullsU.S. corporations are worried about rising wages, and for good reason. Distributive ledger technology and crypto currency is going to change up many markets in the next year. Technology access and information while knowing what to do with crypto currency for your average consumer is going to be a major problem. - Lucas BitDigiNet
Source: MarketWatch - 🏆 3. / 97 Read more »
You can capture a dividend above 5% and still enjoy stock-market growthJeff Jonas of Gabelli talks about a closed-end fund that invests in the health-care and consumer staples sectors.
Source: MarketWatch - 🏆 3. / 97 Read more »
Global growth and stocks could be set for lift off, says UBSOur call of the day, from a team of UBS strategists, says investors have been too negative when it comes to global growth expectations, and that’s good news...
Source: MarketWatch - 🏆 3. / 97 Read more »