October 25, 2021

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Boulder cannabis edibles manufacturer to be acquired for nearly $300M

<Wana Brands, the Boulder-based cannabis edibles manufacturer, will be acquired by publicly traded Canadian cannabis giant Canopy Growth (Nasdaq: CGC) in a future-looking deal that includes a $297 million upfront cash payment, the companies announced on Thursday.

Founded in 2010, Wana Brands has been growing fast, expanding into five states and going international through Canada during the pandemic. It’s released a new line of wellness-focused gummies over the past month and is the No. 1 U.S. edibles…

Jonathan Rose

2021-10-14 08:45:42

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