M&A Deal Summary

Canopy Growth and The Beckley Foundation Acquire Beckley Canopy Therapeutics

On January 1, 2018, Canopy Growth and The Beckley Foundation acquired life science company Beckley Canopy Therapeutics

Acquisition Highlights
  • This is Canopy Growth’s 1st and The Beckley Foundation’s 1st transaction in the Life Science sector.
  • This is Canopy Growth’s 1st and The Beckley Foundation’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-01-01
Target Beckley Canopy Therapeutics
Sector Life Science
Buyer(s) Canopy Growth
The Beckley Foundation
Deal Type Joint Venture

Target

Beckley Canopy Therapeutics

Oxford, United Kingdom
Beckley Canopy Therapeutics Ltd. is a biopharmaceutical company designed to research and develop innovative cannabis-based health products, with a strict focus on intellectual property protection. Beckley Canopy Therapeutics Ltd. was founded in 2018 and is based in Oxford, United Kingdom.

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Buyer(S) 2

Buyer

Canopy Growth

Smiths Falls, Ontario, Canada

Category Company
Founded 2009
Sector Medical Products
Employees960
Revenue 269M CAD (2025)
DESCRIPTION

Canopy Growth is a diversified cannabis company, offering distinct brands and curated cannabis varieties in dried, oil and capsule forms. Through its wholly-owned subsidiaries, Canopy Growth operates numerous state-of-the-art production facilities with over half a million square feet of GMP-certified indoor and greenhouse production capacity, all to an unparalleled level of quality assurance procedures and testing. Canopy Growth has established partnerships with leading sector names in Canada and abroad, with interests and operations spanning four continents. The Company is proudly dedicated to educating healthcare practitioners, providing consistent access to high quality cannabis products, conducting robust clinical research, and furthering the public's understanding of cannabis. Canopy Growth was founded in 2009 and is based in Smiths Falls, Ontario.


DEAL STATS #
Overall 1 of 14
Sector: Life Science M&A 1 of 2
Type: Joint Venture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 2
Year: 2018 M&A 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 Hiku Brands Co.

Toronto, Ontario, Canada

Hiku Brands Co. Ltd. is focused on building a portfolio of engaging cannabis brands, unsurpassed retail experiences and handcrafted cannabis production. With a national retail footprint led by Tokyo Smoke, craft cannabis production through DOJA's ACMPR licensed grow, Van der Pop's female-focused educational platforms, and Maïtri, our Quebec based cannabis brand featuring high quality handmade accessories, Hiku houses an industryleading portfolio that aims to set the bar for cannabis brands in Canada.

Buy -
Buyer

The Beckley Foundation

Oxford, United Kingdom

Category Company
Founded 1998
Sector Business Services
DESCRIPTION

The Beckley Foundation is a drug policy reform and scientific research into psychoactive substances. Beckley collaborates with leading scientific and political institutions worldwide to design and develop ground-breaking research and global policy initiatives. The Beckley Foundation was founded in 1998 and is based in Oxford, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1