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Canopy Growth Corporation

09:51 AM EST - Canopy Growth Corporation : Has officially closed the previously announced acquisition of MedCannAccess in an all-equity transaction. The acquisition was completed by way of an amalgamation with a wholly-owned subsidiary of the Company pursuant to the terms of an Amalgamation Agreement dated September 3. Pursuant to the Amalgamation Agreement, 3,316,902 common shares in the capital of the Company were issued to former shareholders of MCA, of which 2,449,887 are being held in escrow and will be either (i) released to the former shareholders of MCA upon the satisfaction of specific milestones, or (ii) released to the Company for cancellation. The Common Shares were deemed to have been issued at a price of $1.73 per share. Canopy Growth Corporation shares V.CGC are trading unchanged at $1.62.