CV Sciences Inc (CVSI)

[Wolf-man jack]

Canopy Growth Acquires KeyLeaf Life Sciences

Chilling, lets see what Canopy is paying and how for KeyLeaf life Sciences. Maybe it will give us some perspective..

Canopy Growth Corp (NYSE: CGC) said Wednesday (June 26, 2019) it completed a transaction to acquire Canada-based KeyLeaf Life Sciences, a bio-product extractor company.
What Happened
Canopy and KeyLeaf worked together to build out an extraction process and related technology. The partnership was intended to refine Canopy's scale extraction model for the Canadian and global markets.
Canopy assumed control of KeyLeaf for accounting purposes in late 2018 and Wednesday's agreement will see Canopy assume related entities and intellectual property. In addition, Canopy will also acquire a U.S.-based extraction facility, which will be used for Canopy's CBD expansion in the U.S. market.




https://finance.yahoo.com/news/canopy-growth-acquires-keyleaf-life-132602148.html