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 Acts in Formation of Skyline Mortgage Investment Trust and Financing of up to 13 Million Margaret T. Nelligan, Anne E. Miatello, Amy Marcen-Gaudaur, Barbara Worndl, Neil Bass and Carol J. Burns May 22, 2018 Aird & Berlis acted for Skyline Enterprises Management Inc. in the formation of Skyline Mortgage Investment Trust) and the private placement offering of units for gross proceeds of up to $13 million.
Representative Matters
Spectra7 Microsystems Inc. Completes $15.3 Million Bought Deal Offering Richard M. Kimel, Sherri M. Altshuler, Anne E. Miatello, Christopher F. Berrigan, Liam Tracey-Raymont, Amy Marcen-Gaudaur and Barbara Worndl Jan 18, 2018 Spectra7 Microsystems Inc. , a leading provider of high-performance analog semiconductor products for broadband connectivity markets, recently completed a $15.3 million bought deal public offering of units.
Representative Matters
Baylin Technologies Inc. Completes Acquisition of Radio Frequency and Microwave Divisions of Advantech Wireless Inc. Richard M. Kimel, Sean Mason, Amy Marcen-Gaudaur, Matthew V. Liberatore, Aaron T. Collins, Kyle B. Plunkett, R. Grant Cansfield, Fiona Brown, Sean Green and Shannon L. Corregan Jan 18, 2018 Baylin Technologies Inc., a leading global wireless technology company with over 39 years of experience in designing, producing and supplying innovative antennas, recently completed an acquisition of assets from the radio frequency and microwave divisions of Advantech Wireless Inc. and certain of...