Canopy Growth Adds Storz & Bickel to Its Portfolio
On December 6, Canopy Growth (WEED) acquired Storz & Bickel, a German vaporizer company, for nearly 145 million euros. The acquisition comes at a time when Canopy Growth stressed the future of the cannabis industry (HMMJ) where companies offer a wider variety of products. In its press release, Canopy Growth stated that Storz & Bickel’s most notable vaporizer products include Volcano Medic and Mighty Medic as we see in the above chart.