Canopy deal secured, Jetty Extracts makes plans

Courtesy: Jetty Extracts
Canadian operator Canopy Growth has paid $69M for the right to acquire California concentrate brand Jetty Extracts, once federal law permits.
In the time until Canopy can close the acquisition, Jetty CEO and co-founder Ron Gershoni said he plans to prepare Jetty for national expansion. For it's first nine years, Gershoni says the company has been undercapitalized. Now it gets to spend some money.
Oakland-based Jetty (a client of WeedWeek advertiser Mattio) launched in 2013 and has been . . .