Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better

Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a U.S.-based hemp company.

Canopy Growth told investors its purchase of Evergreen, Colorado-based ebbu will “complement and accelerate” its ambitions to expand into new types of consumer products.

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Source: Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better