| 2018-08-09 08:28:55|
CGC 08:28 08/09 08/09/18
Canopy Growth completes acquisition of Spectrum Cannabis Chile
Canopy Growth acquired of all remaining outstanding shares of its Chilean in-market entity, Spectrum Cannabis Chile. This transaction brings Spectrum Cannabis Chile fully under the Canopy Growth umbrella and directly supports the company's plans for development within the LATAM region. Currently, Spectrum Cannabis Chile has a pain management focused clinical trial underway. Chilean doctor Dr. Serio Sanchez, founder of Cannabis Chile, has joined the leadership team of Spectrum Cannabis Chile and will serve as the Chilean medical lead. He will also serve on the Medical Board for Canopy LATAM.