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Canopy Acquisition of Storz & Bickel

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  • Canopy Acquisition of Storz & Bickel

    Hello,

    How does Canopy‘s acquisition of Storz & Bickel impact Namaste? Will you still be selling vapeorozers by then?

    Thank you,

    Abe

  • #2
    Hi - Is Namaste's supply at risk now that Canopy owns S&B and could sell on their own platfor. CGC will probably want to leverage N eCommerce matketplace instead of cannibalising sales at extra cost to CGC.

    Would be great to understand how long N's supply agreements will last and whether this will result in any material changes.

    Thanks for the clarification on this point.

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    • #3
      Thanks for your message and concern. We have been contacted by Storz & Bickel since the acquisition to let us know that the account and relationship will remain the same. We are strong supporters of the brand and one of the largest global retailers so we don’t anticipate this to affect us negatively.

      Best Regards
      Hannah

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