Canopy Growth Makes Another Big Move Towards U.S. Expansion

Expansion into the U.S. pot market is a key area of focus for Canadian marijuana producer Canopy Growth (NASDAQ: CGC). The company was working on deals to enter the U.S. well before its peers explored this opportunity. In 2019, it inked a still-pending deal with multi-state operator Acreage Holdings to accelerate its growth into the market, but that deal will only happen if and when the U.S. opens for business through federal legalization.