On Apr. 1, Canopy Growth Corporation completed the acquisition of AV Cannabis Inc. (“Ace Valley”), an Ontario-based cannabis brand. Ace Valley holds top five and top 10 market positions in Ontario across its range of SKUs and complements Canopy Growth’s existing portfolio with Ace Valley of premium vapes, pre-roll joints and gummies.
Cassels Brock & Blackwell LLP represented Canopy Growth with a deal team composed of
Jonathan Sherman,
Aly Somani,
Chad Podolsky,
Thea Gaertner (business, M&A and cannabis),
Chris Norton (tax),
Chandimal Nicholas,
Marco Ciarlariello (intellectual property and cannabis),
Chuck Rich,
Amanda Scolieri (banking and specialty finance and cannabis),
Kristin Taylor,
Maria Constantine (employment and labour).
Dorsey & Whitney LLP acted as U.S. counsel for Canopy Growth with a deal team that included
James Guttman,
Deborah Lobo.
Blake, Cassels & Graydon LLP acted for Ace Valley with a deal team that included
Andrew Thompson,
Michael Hickey,
Mark Mohamed,
Sabrina Radia-Bramwell,
Chris Hunter,
Anna Abbott.
Shearman & Sterling LLP acted as U.S. counsel for Ace Valley with a deal team that included
Jason Lehner,
Sean Skiffington.