Presentation on hemp investments and industry updates including CBD market size, market analysis and discussion of Cannabis cannabis companies entering the U.S. hemp market.
Green Hemp Acquisition: On closing, Canopy issued Green 24,576 common shares, valued at the time approximately USD630,000. Canopy may issue up to another 24,576 common shares if certain
production related milestones are achieved. The field operations alone are ready to scale from 600 acres in 2018 to 2,500 acres in 2019. To support this growth, custom built extraction infrastructure will be installed at Canopy's Tweed Grasslands facility.
Ebbu deal:
$19 million (at closing)
6,221,210 shares @ $50 = $311mm
$77mm earn out bonus