LaBarge Weinstein Congratulates Canopy Growth Corporation on the Proposed $5 Billion InvestmentAugust 15, 2018
LaBarge Weinstein LLP, a business law firm, with offices in Ottawa, Vancouver and Toronto acted as sole legal counsel to Canopy Growth Corporation in connection with the transformational $5 Billion CAD ($4 Billion USD) investment by Constellation Brands announced today. Under the proposed transaction, Constellation has also been granted the right to invest at least an additional $4.5 billion into Canopy should it exercise warrants.
The official announcement by Canopy Growth and Constellation can be found at: https://www.canopygrowth.com/wp-content/uploads/2018/08/CBI-CG-Press-Release-FINAL.pdf
The transaction was led by LaBarge Weinstein partners Shane McLean and Debbie Weinstein, with Brigitte LeBlanc-Lapointe and Tayyaba Khan playing critical roles from a securities, regulatory, governance and diligence perspective. LaBarge Weinstein’s involvement in this transaction reinforces the firm’s national business law activities undertaken whether in the area of corporate finance, M&A, commercialization of intellectual property and taxation.
LaBarge Weinstein has advised on high-profile transactions and taken a major role on deals as counsel for Canopy Growth since before it went public in 2014. Debbie Weinstein, LaBarge Weinstein co-founder and partner, commented: “We have been honoured to work with Bruce Linton and his entire management team, since taking Canopy public it has established itself as the premier global leader in cannabis production, branding, intellectual property and retailing. There is no question that Canopy and now Constellation will be at the epicenter of this industry.
We look forward to supporting Canopy as they extend their recognized global leadership position in the medical and recreational cannabis space. Congratulations from the entire team at LaBarge Weinstein!
About LaBarge Weinstein LLP
Founded in 1997, LaBarge Weinstein LLP is a client-centric business law firm with offices in Ottawa, Vancouver and Toronto. Delivering prompt, creative and effective solutions throughout companies’ lifecycles, LaBarge Weinstein invests in people and processes while staying focused on always providing innovative and pragmatic business solutions. The firm was named as one of the Top 10 Corporate Boutique Law Firms in Canada by Canadian Lawyer Magazine for 2018 and 2016. LaBarge Weinstein was recognized as the most active Canadian law firms for venture capital deals in 2015 by The Globe & CVCA.
Follow LaBarge Weinstein on Twitter at @LWConnect, on LinkedIn at https://www.linkedin.com/company/labarge-weinstein or online at lwlaw.com.