Canopy Growth Corporation and Indiva Limited and its subsidiary, Indiva Inc. announced that they have entered into a license assignment and assumption agreement (the "Assignment Agreement") providing Canopy Growth exclusive rights and interests to manufacture, distribute, and sell Wana branded products in Canada which accelerates Canopy Growth's ability to leverage the Wana brand. Simultaneously, to support continuity of quality supply and aligned to Canopy Growth's asset light strategy for sourcing of cannabis 2.0 formats, Canopy Growth and Indiva also entered into a contract manufacturing agreement (the "Manufacturing Agreement"), under which Canopy Growth will grant Indiva the exclusive right to manufacture and supply Wana branded products in Canada for a period of five years, with the ability to renew for an additional five-year term upon mutual agreement of the parties.
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5-day change | 1st Jan Change | ||
0.065 CAD | -7.14% | -7.14% | -31.58% |
Apr. 25 | Transcript : Indiva Limited, Q4 2023 Earnings Call, Apr 25, 2024 | |
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Stocks mentioned in the article
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Capi.
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15.76 CAD | -22.93% | +28.44% | 1.1B | ||
0.065 CAD | -7.14% | -7.14% | 9.96M | ||
1st Jan change | Capi. | |
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-31.58% | 9.96M | |
+39.33% | 6.11B | |
-18.38% | 4.35B | |
-9.17% | 3.18B | |
+3.98% | 3.16B | |
-3.41% | 2.51B | |
+48.74% | 1.98B | |
-4.82% | 1.74B | |
-1.24% | 1.63B | |
-8.96% | 1.6B |
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