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Court approves Canopy Growth, Mettrum Health deal

The Ontario Superior Court of Justice issued a final order approving the proposed acquisition of Mettrum Health Corp. by Canopy Growth Corp.

Closing of the deal is still subject to on certain closing conditions. Subject to the satisfaction or waiver of all such closing conditions, the deal is expected to close Jan. 31.

Upon completion of the deal, Mettrum will become a unit of Canopy Growth and trading of Mettrum's common shares on the TSX Venture Exchange will be halted after closing on Jan. 31 and delisted shortly thereafter.