51648
49990
S&P/TSX
15439.44
-13.20
(-0.09%)
S&P-CDNX
832.82
+2.65
(0.32%)
S&P-500
2716.26
-15.96
(-0.58%)
NASDAQ
7234.31
-5.16
(-0.07%)
Dow
24964.75
-254.63
(-1.01%)
Dollar
0.7904
-0.00019
(-0.024%)
Oil
61.34
-0.45
(-0.73%)
Gold
1331.10
-0.10
(-0.01%)
Silver
16.405
-0.033
(-0.20%)


Canopy signs Australia deal

Canopy Growth Corp. has signed an agreement with AusCann Group Holdings Ltd. to be its exclusive supplier of medical cannabis for the Australian market.

Canada's largest licensed cannabis producer says it will start with the transfer of a range of medicines for research and commercialization in Australia.

The deal allows Canopy to pursue other Australian opportunities.

The agreement follows a partnership deal last year that saw Canopy take stake in AusCann in exchange for expertise in a number of areas including production, quality assurance and operations.

It is the second international deal announced by Canopy this week.

On Monday, Canopy signed a deal to provide certain marijuana strains and seeds to Spanish pharmaceutical producer Alcaliber.



More Business News

51664
Recent Trending
46460
Okanagan Oldies
Castanet Proud Member of RTNDA Canada
Press Room