skip to main content





Back to all Representative Matters
Jan 31, 2017

Mettrum Health Corp. Completes Cannabis Sector Sale to Canopy Growth Corporation

Margaret T. Nelligan, Daniel Everall and John D. Andrew

Mettrum Health Corp., a leading producer and vendor of medical cannabis, announced the successful closing of the acquisition of Mettrum by Canopy Growth Corporation pursuant to the terms of an arrangement agreement. Under the arrangement, Canopy acquired all of the issued and outstanding common shares of Mettrum, and Mettrum’s shareholders became entitled to receive 0.7132 common shares of Canopy.

As a result of the acquisition, Mettrum has become a wholly-owned subsidiary of Canopy, trading of Mettrum shares has been halted and, in the normal course, Mettrum’s shares will no longer be listed on the TSX Venture Exchange.

With three licenses to produce and sell medical cannabis under the Access to Cannabis for Medical Purposes Regulations, Mettrum is a leading producer and vendor of medical cannabis. In addition, through its wholly-owned subsidiary Mettrum Hempworks, Mettrum is also a licensed producer and distributor of industrial cannabis (hemp) products, including Mettrum's functional food line, Mettrum Originals™, under the Industrial Hemp Regulations (Canada) issued pursuant to the Controlled Drugs and Substances Act (Canada).

Aird & Berlis LLP represented the special committee of Mettrum’s board of directors in connection with the sale, with a team comprised of Margaret Nelligan and Daniel Everall (Corporate Governance and Securities) and John Andrew (Corporate).

Related Industries

Related Representative Matters

Representative Matters
A&B Advises Canadian FinTech Company Tony Gioia, Jeffrey K. Merk and Aarondeep (Aaron) S. Bains Nov 20, 2017 Aird & Berlis represented a large Canadian FinTech company in connection with the replacement and increase of its existing credit facility with a New York-based private equity fund. Aird & Berlis’ team included Tony Gioia, Jeffrey Merk and Aaron Bains.
Representative Matters
Trevali Mining Corporation Completes $417 Million Acquisition of Glencore’s Rosh Pinah and Perkoa Zinc Mines Thomas A. Fenton, Peter K. Czegledy, Sherri M. Altshuler, Melanie Cole, Christopher F. Berrigan, Daniel Everall, Barbara Worndl, Aaron T. Collins, Stephen Zolf, Aarondeep (Aaron) S. Bains and Sean Green Sep 08, 2017 On August 31, 2017, Trevali Mining Corporation (TSX:TV) completed the acquisition (the “Acquisition”) of a portfolio of zinc assets from Glencore PLC and certain of its subsidiaries, including an 80% interest in the Rosh Pinah mine in Namibia, a 90% interest in the Perkoa mine in Burk...
Representative Matters
Allied Properties Real Estate Investment Trust Completes $300 Million Public Equity Offering Barbara Worndl, Aaron Silver, Michael D. Smith, Tyler Brent, Daniel Everall, Melanie Cole, Anne E. Miatello, Sherri M. Altshuler and Margaret T. Nelligan Aug 17, 2017 Allied Properties Real Estate Investment Trust (“Allied”), a leading owner, manager and developer of urban office environments operating in Canada’s major cities, recently completed a $300 million public equity offering of units. On August 17, 2017, Allied completed an offering ...