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Stocks in play: Canopy Growth Corporation
And MTL Cannabis Corp. have entered into a definitive arrangement agreement pursuant to which Canopy Growth will acquire all of the issued and outstanding common shares of MTL and will settle all debt and debt-like instruments owed by MTL, in a transaction valued at approximately $125 million on a fully-diluted equity basis and approximately $179 million on an enterprise value basis. Canopy Growth Corporation shares T.WEED are trading up $0.08 at $2.48.
