Canopy Growth

Canopy Growth’s German exposure was reduced last fall when it divested its interests in C³ Cannabinoid Compound Company GmbH as part of a restructuring to cut costs and reduce expenses from money-losing operations. But it is still a leader in medical device distribution courtesy of its Storz & Bickle subsidiary, which manufactures the universally-popular Volcano brand vaporizer. Nearly fours years ago, Canopy finalized an all-cash transaction to acquire Storz & Bickel GmbH & Co. KG, related entities, and IP for approximately €145 million.