This Canadian Pot Stock Is Copying Canopy Growth's U.S. Moves

This Canadian Pot Stock Is Copying Canopy Growth's U.S. Moves
David Jagielski, The Motley Fool
·5 min read

When Canopy Growth (NASDAQ: CGC) announced plans to acquire Acreage Holdings in 2019, it was an innovative and unique way for the company to position itself for growth in the U.S. market ahead of legalization. Recently, another cannabis company, Fire & Flower (OTC: FFLW.F), announced that it too would be making a similar move. As a top retailer in Canada, Fire & Flower has a valuable brand that it will allow American Acres, a private cannabis company, to use for its dispensaries in California, Arizona, and Nevada.