/https://www.thestar.com/content/dam/thestar/business/2019/05/22/canopy-growth-to-acquire-skin-care-company-this-works-for-738-million/CPT104548752.jpg)
Canopy Growth to acquire skin-care company This Works for $73.8 million
The Ontario-based cannabis company says This Works will be part of its entry into the natural wellness industry and boost its international presence. - Canopy Growth Corp. has signed a deal to buy skin-care company This Works for $73.8 million in cash. Based in London, This Works offers a range of natural skin-care and sleep products. CBD, or cannabidiol, a compound derived from hemp and marijuana, is increasingly being used in a variety of products that tout health benefits. Canopy Growth says it will help This Works with the development of a new line of skin care and sleep solution products infused with CBD.
Source: thestar May 22, 2019 11:50 UTC
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