Canopy Growth Sells Stake In AusCann For $6.3M

Canopy Growth Corporation (TSX:WEED) (NYSE: CGC) said Tuesday it has sold 42 million AusCann Group shares.

The company sold AusCann’s shares through an of market block trade at 15 cents per share for gross proceeds of $6.3 million. The sale accounts for Canopy Growth’s total 13.2% interest in AusCann.

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