How many acquisitions has Canopy Growth made so far?

Canopy Growth has completed 21 acquisitions so far, with an average acquisition amount of $449M.

Which countries does Canopy Growth usually acquire in?

Canopy Growth has made acquisitions in 6 countries with the most activity in Canada and United States.

In which year did Canopy Growth make the most acquisitions?

Canopy Growth was most active in 2019, with 7 acquisitions completed in that year.

List of 21 Acquisitions by Canopy Growth (Apr 2026)

Q: Which is Canopy Growth's latest acquisition?

Canopy Growth's most recent acquisition is MTL Cannabis, a Manufacturer and distributor of medical cannabis products, acquired in December 2025 for $90.8M.

Canopy Growth has completed a total of 21 acquisitions. Its peak acquisition years were 2019 (7), 2018 (5), and 2021 (3). The acquisitions span 6 countries, with most activity in Canada (9), United States (4), and Germany (3). Its acquisition efforts have spanned 10 distinct sectors, showing highest activity in Cannabis Brands and Retailers (3), Cannabis HealthTech (3), and Tobacco Products (2). Over the last five years (2020–2025), the average number of acquisitions per year is 1. No acquisitions have been completed in the current calendar year so far. The most recent acquisition was MTL Cannabis, a manufacturer and distributor of medical cannabis products founded in 2018 and located in Pointe Claire. This acquisition was completed in December, 2025 for $90.8M.

Here's the year on year acquisition history of Canopy Growth:

Number of Total Acquisitions

Year	# Acquisitions
2025	1
2024	1
2021	3
2019	7
2018	5
2017	1
2016	3

View all Acquisitions by Canopy Growth

Recent acquisitions by Canopy Growth

Canopy Growth's most recent acquisition - MTL Cannabis is a Manufacturer and distributor of medical cannabis products, founded in 2018 and located in Pointe Claire. Canopy Growth acquired it in December 2025 for a price of $*****.

Here is the list of all acquisitions by Canopy Growth sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Dec 15, 2025	MTL Cannabis	cqil	{jcl	39	527
May 07, 2024	Jetty	kcxz	dhli	77	325
Oct 14, 2021	Wana Brands	xvxz	dwmf	21	403
Apr 08, 2021	Supreme Pharma	rpss	osnc	82	222
Apr 01, 2021	Ace Valley	anpl	gcgw	18	752