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Cannabis brand drops Drake from multi-million dollar partnership

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Drake‘s More Life Growth brand.Statements from March show that both parties agreed to terminate their sublicense agreement launched in 2019, with Canopy shouldering an approximate $10.3million CAD ($8.6million USD/ £6.08million) impairment on the investment.Bloomberg reports that the partnership, in which Drake owned a 60 per stake and Canopy 40 per cent, has now collapsed.“We have indeed divested from More Life and the facility in Scarborough which had been intended to be part of that agreement is now Canopy Growth’s R&D facility, where we will work on plant science and science development projects,” Jennifer White, director of communications at Canopy Growth, said in an emailed statement to BNN Bloomberg.Additionally, Canopy.

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