SEO URLwww.firestrike.ai/deals/mtl-cannabis-canopy-growth-acquisition-2026-5
acquisitionAnnounced · Feb 20, 2026medical cannabisSource · CredibleArticle · Factual
Canopy Growth acquires MTL Cannabis
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$125M
Target
MTL Cannabis
Montreal, Quebec
Acquirer
Canopy Growth
Full Acquisition
Status
Pending
Canopy Growth agreed to acquire MTL Cannabis. Reported deal value: $125M. Status: Pending. Sector: medical cannabis. Target headquarters context: Montreal, Quebec, Canada.
This page summarizes publicly available information about the transaction as of 2026-02-20. Figures and status may change as filings and press coverage update.
Canopy Growth said shareholders of MTL Cannabis Corp . have overwhelmingly approved its planned acquisition of the Quebec -based producer, with 99.97% of votes cast and high participation backing the deal
Deal timeline
Announced
Feb 20, 2026 · theglobeandmail.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in medical cannabis with a reported deal value of $125M. Figures and status may change as sources update.
Sources: theglobeandmail.com · Primary article · FireStrike proprietary index