SEO URLwww.firestrike.ai/deals/mtl-cannabis-canopy-growth-acquisition-2026-2
acquisitionAnnounced · Feb 18, 2026CannabisSource · CredibleArticle · Factual
Canopy Growth acquires MTL Cannabis
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$125M
Target
MTL Cannabis
CSE: MTLC · Montreal, Quebec
Acquirer
Canopy Growth
Full Acquisition
Status
Announced
Canopy Growth agreed to acquire MTL Cannabis. Reported deal value: $125M. Status: Announced. Sector: Cannabis. Target headquarters context: Montreal, Quebec, Canada.
This page summarizes publicly available information about the transaction as of 2026-02-18. Figures and status may change as filings and press coverage update.
Canopy Growth Corporation is pleased to announce that shareholders of MTL Cannabis Corp. have voted to approve the Company previously announced acquisition of MTL at a special meeting of shareholders of MTL held February 17, 2026
Deal timeline
Announced
Feb 18, 2026 · businesswire.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Cannabis with a reported deal value of $125M. Figures and status may change as sources update.
Sources: businesswire.com · Primary article · FireStrike proprietary index