Home Market News Marijuana stocks jump on news of potential merger with Canopy Growth (CGC)

Marijuana stocks jump on news of potential merger with Canopy Growth (CGC)

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From Jeremy C. Owens: Canopy Growth Corp. CGC, +7.93% 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.


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