Canopy Growth agrees to buy Acreage Holdings in $3.4B deal

Canopy Growth has agreed to roll up one of the biggest US marijuana growers in a $3.4 billion deal. However, the companies said Thursday that Canopy's acquisition of NY-based Acreage Holdings is contingent upon cannabis production and sales becoming legal at a federal level. Canopy hopes to navigate regulatory pitfalls with the influential people Acreage...