Not surprising with the context of what's happening in the Canadian Cannabis Space right now. Canopy is trying to consolidate operations and get back to basics. Good to know it wasn't sold off through bad business practice or a relationship breakdown.
Good to hear both Canopy and AC8 confirming the continuation of the relationship going forward. Also nice to see the stake sold off-market to a reputable Australian company who has had previous experience investing in the Medical Cannabis space.
Merchant Funds have a pretty nice track record on investment decisions. They clearly don't see a sinking ship here with such a sizable investment.
GLTAH DYOR
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