Hot pot deal: Canopy Growth buys Acreage Holdings for $3.4 billion

Marijuana M&A heats up, as Canopy buys Acreage. Bruce Linton, Canopy CEO, and Kevin Murphy, Acrage CEO, discuss with CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.

[hobbies]

This deal is a big game changer for the cannabis industry

[LC-yvey]

This is a sure sign the US will end marijuana prohibition soon.

[PlayMyMusicPlaylist]

That is a high evaluation for mediocre earning or no profit. Growing way too big too fast and burn cash on inefficient operational with too much redundant positions

[richardupyurass]

Their stock has dumped 16% in the past month.

[markmonette]

Canopy is spreading itself too thin without enough product right now...IMO

[alessandra]

was big on Canopy but I sold everything for Bank of America's top pick Hexo

[ericbartolotta]

All good, but acreage is NOT the biggest in the US .What planet is acreage ceo on?! Get over yourself!!! CGC is a beast in any case.

[elationx]

Bill Weld, I see what you did there. Lol. Nice try fellas.

[donk]

Why didn't $stz just buy acreage? The are a us company

[stephenlflf]

The weed Jesus Bruce Linton strikes again!

[bluebayou]

Acreage sure has an inflated view of itself...I think I like this guy less than John Beohner....(serious accomplishment)

[NoAh]

Outdoor weed sucks and no one in Oregon wants it... keep building out shit, boys... almost time to short again. 50 a pound for outdoor... well done... NOT!!!!

[SureFeelsGood]

Lol pretty funny Bruce claiming Acreage is somehow the best quality MSO...it's not. In fact they had a deal with someone else first that fell through. Acreage was overvalued for what their assets were but it's still good for canopy because they were able to get a nice call option on it which will prevent the price of it from getting too high for them to take it over (all the US names with quality businesses will be more expensive in a year). PS also hilarious Bruce claiming canopy expertise will help Acreage grow? Everyone in Canada knows Canopy's weed is shit quality.