Best Cannabis Dispensary in North America - MarketDepth

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Best Cannabis Dispensary in North America
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Canopy Growth Corp. Sells Off its German C3
Cannabinoid Compound

• Canopy Growth Corporation (TSX WEED) (NASDAQ
  CGC) announced its decision to sell its
  subsidiary, C3 Cannabinoid Compound Company GmbH,
  to Dermapharm Holding SE.
• Down 5
• Shares of Canopy Growth Corporation (TSX WEED)
  initially plunged 5 by midday on Wednesday,
  December 15th before ending the day 1.45 higher
  than the open.
• Leveraging Canadian Assets
• Canopy Growth views its divestiture of C3 as part
  of its evolution into a CPG-modelled
  organization. The Company seeks to leverage its
  high-quality supply of Canadian cannabis products
  for the medical channel in its core international
  markets and expects to avoid future operational
  complexities associated with C³ as well as
  significantly reduce short-term capital
  investment requirements.

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Mexican Supreme Court Set to Vote on Granting
Xebra brands an Injunction to Commercialize
Cannabis

• Xebra Brands Ltd. (CSE XBRA) (OTC XBRAF) today
  announced that the Mexican Supreme Court set
  December 1st as the date to vote on granting
  Xebra an injunction to commercialize low-THC
  cannabis.
• Up Premarket
• Xebra Brands Inc. (CSE XBRA) shares gained 9.7
  in premarket trading as a result of the
  announcement.
• Approval Pending
• Should the proposed constitutional injunction be
  granted, Xebras wholly owned Mexican subsidiary,
  Desart MX, would be authorized to import seeds,
  cultivate and process cannabis with under 1 THC
  in the country. Additionally, it could allow for
  the manufacture and sale of CBD and CBG, as well
  as various associated products.

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