Canopy Growth Corp (WEED)

[Wo]

Note: Both Vert and TerrAscend are in the Canopy Rivers Portfolio. There’s plenty to be read into from that alone. I’m looking out for the IPO.

Les Serres Stephane Bertrand (“Vert Mirabel JV”)

Les Serres Stephane Bertrand is a large-scale greenhouse operator located in Mirabel, Quebec, and the largest grower of pink tomatoes in the country, and in December 2017 entered into a JV agreement with Canopy Rivers and Canopy Growth. With guidance and assistance from Canopy Growth, an application for this site has been submitted to Health Canada, the entire greenhouse will be upgraded and retrofitted for cannabis production by Spring 2018.

Website: Les Serres Stephane Bertrand Inc.

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TerrAscend Corp.

Founded in 2014, TerrAscend Corp. is a publicly traded Licensed Producer located in Mississauga, Ontario. The company cultivates high-quality cannabis in an indoor hydroponic facility, backed by a strategic investor boasting a strong background in the pharmaceutical space and an extensive portfolio of specialty pharma assets. Canopy Rivers acquired 12% of TerrAscend through a private block trade and concurrent subscription agreement announced in November 2017.

Website: TerrAscend Corp.