Canopy Growth to acquire Jetty for $69m.

Canopy Growth, a firm that produces, distributes, and sells medical and recreational cannabis, agreed to acquire Jetty, a retailer of cannabis products, for $69m. “Canopy Growth is building a house of premium cannabis brands with a focus on the core growth categories that will power the market’s path forward, now including Jetty – a pioneer of solventless vapes. There are significant opportunities for Jetty to scale at the state-level across the U.S. by leveraging Canopy’s U.S. ecosystem, and we’re actively working on plans to bring the brand to the Canadian recreational market," David Klein, Canopy Growth CEO.