Canopy Growth completed the acquisition of The Supreme Cannabis Company for $345m.

Canopy Growth, a cannabis company based in Smiths Falls, Ontario, completed the acquisition of The Supreme Cannabis, a global diversified portfolio of distinct cannabis companies, products and brands, for $345m. "As we continue to expand our leading brand portfolio, we're excited to reach more consumers through Supreme's premium brands and high-quality products, further solidifying Canopy's market leadership. Supreme's deep commitment to superior genetics, top-tier cultivation and strict quality control, paired with Canopy's leading consumer insights, advanced R&D and innovation capabilities, is expected to create a powerful combination that aligns with our strategic focus to generate growth with premium quality products across key categories," David Klein, Canopy CEO.