Acquisition Details: Canopy Growth Corporation has agreed to acquire MTL Cannabis Corp. for approximately 125 million Canadian dollars in a cash-and-stock deal, with MTL shareholders receiving shares and cash for their holdings.
Strategic Benefits: The acquisition is expected to enhance Canopy's position in Canada's medical cannabis market, expanding its patient network and improving access to high-quality flower supply, particularly in Québec.
Financial Performance: MTL reported net revenue of 84 million Canadian dollars and a gross margin of 51% as of September 30, 2025, while Canopy anticipates annualized cost synergies of about 10 million Canadian dollars within 18 months.
Management Changes: Following the acquisition, MTL's leadership team will join Canopy Growth, with MTL CEO Michael Perron becoming the Chief Operating Officer, indicating a strategic integration of both companies' operations.
Wall Street analysts forecast MJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast MJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 28.660
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Current: 28.660
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
