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Hedge Fund Marcato Will Fight Against Acreage's Sale to Canopy Growth

Business Insider
  • Activist hedge fund Marcato Capital Management says it will vote against marijuana retailer Acreage Holdings' landmark sale to Canopy Growth.
  • Canopy Growth paid $300 million in April for the right to buy Acreage Holdings pending the federal legalization of marijuana in the US.
  • The shareholder vote is expected to happen in June...
Mentions: Management Hedge Fund Mick McGuire