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Canopy Growth pushes into Cannabis beauty and wellness with This Works buy

Reuters India Wednesday, 22 May 2019
Canopy Growth Corp said on Wednesday it would buy skincare company This Works for C$73.8 million ($55.2 million), adding beauty and sleep products to the Canadian weed producer's portfolio of cannabis oil, hemp and medical capsules.
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News video: CEO Bruce Linton: Canopy to Expand This Works Skincare, Focus More on U.S. Hemp, CBD

CEO Bruce Linton: Canopy to Expand This Works Skincare, Focus More on U.S. Hemp, CBD 02:13

Canopy Growth agreed to acquire British skincare company This Works for $54 million in cash on Wednesday, and following the acquisition, CEO Bruce Linton said Canopy will likely add a new, CBD-infused line of skincare products to the brand.

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