Add-on Acquisition • Agriculture

Canopy Growth Acquires Cáñamo y Fibras Naturales S.L.

On April 16, 2019, Canopy Growth acquired agriculture company Cáñamo y Fibras Naturales S.L.

Acquisition Context
  • This is Canopy Growth’s 2nd transaction in the Agriculture sector.
  • This is Canopy Growth’s 1st transaction in Spain.

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M&A Deal Summary

Date April 16, 2019
Target Cáñamo y Fibras Naturales S.L.
Sector Agriculture
Buyer(s) Canopy Growth
Deal Type Add-on Acquisition

Target Company

Cáñamo y Fibras Naturales S.L.

Alicante, Spain
Cáñamo y Fibras Naturales, S.L. is a licensed cannabis producer. Cáñamo y Fibras Naturales was founded in 2014 and is based in Alicante, Spain.
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Buyer Overview 1

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 Context for Buyer #
Overall 6 of 15
Sector: Agriculture 2 of 3
Type: Add-on Acquisition 5 of 13
Country: Spain 1 of 1
Year: 2019 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-21 AgriNextUSA

United States

AgriNextUSA is a hemp company produces hemp crops and connecting them with researchers and entrepreneurs that can turn hemp into new and innovative products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-18 Acreage Holdings

New York City, New York, United States

Acreage Holdings, Inc. is a vertically integrated, multi-state owner of cannabis licenses and assets in U.S. states with respect to a number of states with operating licenses. Acreage Holdings was founded in 2014 and is based in New York City.

Buy $3.4B

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