Acreage wins approval from British Columbia for Canopy Growth transaction and extends the exercise date by 60 days

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Acreage wins approval from British Columbia for Canopy Growth transaction and extends the exercise date by 60 days
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U.S.-based cannabis company Acreage Holdings Inc. said Tuesday it has won final approval from the Supreme Court of British Columbia for its...

U.S.-based cannabis company Acreage Holdings Inc.

said Tuesday it has won final approval from the Supreme Court of British Columbia for its previously-announced floating share agreement as part of an acquisition of the company by Canopy Growth Corp. CGC CA:WEED. Last week, Acreage shareholders approved the deal at a special meeting. Canopy and Canopy USA and Acreage amended their floating share arrangement to extend the exercise outside date to May 31 from March 31, or such later date as may be agreed to in writing.

said Tuesday it has won final approval from the Supreme Court of British Columbia for its previously-announced floating share agreement as part of an acquisition of the company by Canopy Growth Corp. CGC WEED . Last week, Acreage shareholders approved the deal at a special meeting. Canopy and Canopy USA and Acreage amended their floating share arrangement to extend the exercise outside date to May 31 from March 31, or such later date as may be agreed to in writing.

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