Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

Canopy Growth Acquires 33% of BC Tweed for $285.5 Million USD

Canopy Growth Acquires 33% of BC Tweed for $285.5 Million USDCanopy Growth Corporation (NYSE: CGC) announced on July 5th the company has closed its transaction with BC Tweed Joint Venture Inc. (BC Tweed). Canopy Growth now has 33% ownership of BC Tweed after paying $374 million Canadian dollars or $285.3 million USD in Canopy Growth shares.

The full sum will be paid over a three year period and is also subject to the achievement of specific goals. BC Tweed will need to fulfill production milestones in order to progress payment from Canopy Growth.

BC Tweed is still working on increasing their greenhouse production square footage. The company currently has 1.7 million square feet that is completed and fully licensed. After the remaining production space is completed, BC tweed will have 3 million square feet for production.

Canopy Growth Acquires 33% of BC Tweed for $285.5 Million USD

About Cannin: Your Cannabis Stocks Resource

Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2020. 

Use Cannin as your resource for:

Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.

Are you looking to buy stock in hemp companies or marijuana companies for 2020? Interested in new penny hemp stock companies? Looking for the best Canadian cannabis stocks to invest in? Looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.

Are you interested in cannabis stocks like Curaleaf, Trulieve, Aurora Cannabis, Charlotte’s Web, Canopy Growth, or Hemp Inc.?

Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best cannabis stocks – we’ll show you how at

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Hemp stocks