Canopy Growth completed the acquisition of AV Cannabis.

Canopy Growth, a cannabis company, completed the acquisition of AV Cannabis, a cannabis brand. Financial terms were not disclosed. "The team at Ace Valley has built a premium cannabis brand, with an impressive consumer following and we're excited to deploy the full distribution power of Canopy Growth to expand the brand to consumers across Canada. Ace Valley's complementary consumer positioning fits perfectly into Canopy Growth's strategy of building authentic brands that truly resonate with consumers," Rade Kovacevic, Canopy Growth President & Chief Product Officer.