Canopy Growth (TSE:WEED) has released an update.
Canopy Growth shareholders have given a green light to a strategic move that could significantly enhance the company’s position in the lucrative U.S. THC market by approving the creation of a new class of Exchangeable Shares. With a resounding 95.56% in favor, the decision paves the way for Canopy Growth’s expected immediate advancement in acquiring U.S. assets, tapping into a market anticipated to reach $50 billion by 2026.
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