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On Thursday Canopy Growth announced plans to create Canopy LATAM Corp., a Latin America subsidiary of the company. In its first move, the subsidiary acquired Spectrum Cannabis Colombia S.A.S. for CA$4.6 million in Canopy Stock.
 
Canopy LATAM will be based in Huila, Colombia, where it owns a 300 acre farm with 100 acres approved for cannabis cultivation. Former CEO of health-care device firm Lifemed, Antonio Droghetti will lead the operation.

Source: https://mjbizdaily.com/canopy-growth-acquires-colombian-medical-cannabis-firm-expands-in-latin-america/

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