Canopy Growth

Social and cultural shifts accompanied by changes in laws spark new opportunities

Cannabis

<div>
 
 TerrAscend is a leading North American cannabis operator with vertically integrated operations in California, Maryland, Michigan, New Jersey, and Pennsylvania, as well as retail operations in Canada. The company focuses on growing high-quality cannabis, promoting its health benefits, and offering a diverse range of products tailored to the needs of medical patients and adult-use consumers. TerrAscend utilizes advanced cultivation techniques, innovative cannabis cultivars, and strategic technology investments to produce premium cannabis products.
 
 
 
 
 In March 2022, TerrAscend completed the acquisition of Gage Growth Corp., a prominent cannabis brand and operator, in a deal valued at over USD 545 million. This strategic acquisition aimed to create a differentiated and compelling player in the North American cannabis market, combining TerrAscend's proven cultivation and manufacturing expertise with Gage's top-selling brands and exceptional retail experiences.
 
 
 
 
 As of January 2023, TerrAscend operated 32 dispensaries nationwide under its award-winning retail concepts, The Apothecarium and Gage. The company's portfolio includes several synergistic businesses and brands, such as Gage Cannabis, Ilera healthcare, Kind Tree, Prism, State Flower, Valhalla Confections, and Arise Bioscience Inc. In May 2023, TerrAscend strengthened its balance sheet by selling a facility in Canada for CADUSD 19.7 million, using the proceeds to pay down existing debt.
 
</div>

<div>
 
 Acreage Holdings is a vertically integrated multistate cannabis operator based in New York. The company owns and operates cultivation and retail facilities across multiple states, including Connecticut, Florida, Illinois, Maine, Maryland, Massachusetts, New Jersey, New York, Ohio, and Pennsylvania. Acreage Holdings operates under its national retail brand The Botanist, offering a wide range of cannabis products such as flowers, pre-rolls, vapes, edibles, and accessories.
 
 
 
 
 The company's portfolio includes award-winning brands like The Botanist and Superflux. In April 2024, Acreage introduced its craft cannabis brand Superflux in New Jersey, expanding its presence to four states after Ohio, Massachusetts, and Illinois. The company has undertaken significant expansions, including an upgrade of its cultivation facility in Freeport, Illinois, positioning itself as one of the few operators capable of producing high-quality non-remediated whole flower in the state.
 
 
 
 
 In June 2024, Acreage reached a milestone by opening its 200th dispensary in Brooksville, Florida, making it the world's largest cannabis retailer. The company has focused on optimizing its operational footprint, implementing cost-saving measures, and refining its business strategy. Acreage has entered the New York adult-use wholesale market, making The Botanist products available to eligible adult-use dispensaries across the state.
 
 
 
 
 In June 2024, Canopy Growth Corporation exercised its option to acquire Acreage Holdings as part of its expansion into the US market through its subsidiary Canopy US. The acquisition is expected to close in the first half of 2025.
 
</div>

Acreage Holdings is a vertically integrated, multi-state owner of cannabis licenses and assets in states where either medical and/or adult use of cannabis is legal. Headquartered in New York City and currently operating in 13 states, Acreage owns cultivation, processing and dispensary operations and has one of the largest footprints of any cannabis company in the U.S. Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience.

INDIVA is the product of Pete’s continual effort to promote compassion and accessibility in Canada. The journey to provide access to medical cannabis has led him around the world as a master grower, political activist, and above all, a compassionate Canadian.

Canopy Rivers is a venture capital firm specializing in cannabis. The firm seeks to invest in the agriculture, food sciences, wellness products, products, hardware, software, data, pharmaceutical and biotech, retail and distribution, cannabis, media and content, consumer products, and accessories industries.

TerrAscend is a vertically-integrated Canadian cannabis company that strives to create and deliver quality products and services that meet the evolving needs of the cannabis market. It provides support to patients through its wholly-owned subsidiaries, Solace Health Inc., a licensed producer of cannabis under the Access to Cannabis for Medical Purposes Regulations, and Terra Health Network Inc., a provider of clinical support and education programs led by health care professionals.  TerrAscend offers prescription cannabinoids and medical cannabis solutions for patients suffering from chronic pain and debilitating illnesses and focuses on drug research and development, cannabis devices, delivery systems, and hemp health products.

Canopy Growth is a diversified cannabis and cannabinoid-based consumer product company, driven by a passion to improve lives, end prohibition, and strengthen communities by unleashing the full potential of cannabis. Leveraging consumer insights and innovation, it offers product varieties in high-quality dried flower, oil, softgel capsule, infused beverage, edible, and topical formats, as well as vaporizer devices by Canopy Growth and industry-leader Storz & Bickel.

Canopy Growth Corporation

Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada

Companies that specialize in growing and refining cannabis.

Companies that distribute and sell cannabis and cannabis-related products.

Companies that extract cannabinoids to create cannabis-related medication or edibles.

Companies that carry out medical consultations to prescribe cannabis.

Companies that either provide consultations, educate, or carry out testing of cannabis products.

Canopy Growth Corporation

Featured Industries

EDGE Insights

About EDGE

Contact Us

Resources

Area of Focus

Technology Research Made Effortless