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Canopy Growth Announces Acquisition of KeyLeaf Life Sciences

Published: 06/26/2019

Team: Jonathan Sherman, Ann Watterworth, Mickey Lungu, Stefanie Sebanc, Amanda Metallo, Stefan Politano, Suhuyini Abudulai, Lance Williams, Daniel P. Cipollone, Sam Massie, Kristin Taylor, Maria Constantine, James G. Morand, Alison Hayman, A. Chandimal Nicholas

On June 26, 2019, Canopy Growth Corporation announced that it has completed its acquisition of Saskatoon-based bio-product extractor KeyLeaf Life Sciences, related entities and intellectual property. Through the transaction, Canopy Growth acquired a large-scale Canadian extraction facility and an extraction-related facility in the United States. Canopy Growth will work closely with KeyLeaf to build out extraction processes and technology to support long-term major scale extraction needs for Canadian and global markets.

Cassels Brock acted for Canopy Growth with a deal team that included Jonathan Sherman, Ann Watterworth, Mickey Lungu, Stefanie Sebanc, Amanda Metallo and Stefan Politano (Business and Cannabis), Suhuyini Abudulai, Lance Williams, Daniel Cipollone and Sam Massie (Financial Services and Cannabis), Kristin Taylor and Maria Constantine (Employment and Labour), Jim Morand (Tax) and Alison Hayman and Chandimal Nicholas (Intellectual Property and Cannabis).