Canopy Growth Clears Major Hurdle in MTL Cannabis Acquisition
Published on 02/19/2026 at 10:31 | Redaktion boerse-global.de
Canopy Growth Corporation has successfully navigated a critical phase in its proposed acquisition of MTL Cannabis Corp., moving the deal significantly closer to completion. The transaction received overwhelming support from MTL’s shareholders during a special meeting held this week.
At the meeting, shareholders of MTL Cannabis voted decisively in favor of the arrangement. According to a company statement released Wednesday, approximately 99.97% of the votes cast were for the special resolution approving the deal.
Even after excluding votes that cannot be counted under Canada’s Multilateral Instrument 61-101—a regulation designed to protect minority shareholders in specific transactions—the level of support remained exceptionally high at 99.80%. Voter turnout was robust, with Read more...
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