Canadian giant Canopy Growth has announced plans to buy rival Supreme Cannabis in a $435m deal which will give it a 13.6% share of Canada’s recreational cannabis market and position it for further US expansion.

Among its portfolio, Supreme owns premium flower brand 7ACRES and wellness brand Blissco making Canopy the owner of four out of the top 10 cannabis brands in Canada when the deal goes through.

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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