Drake's marijuana company, named after his 2017 "More Life" mixtape, has severed ties with Canadian weed grower Canopy Growth Corp.
This partnership was initially announced in November 2019, with the "Take Care" rapper claiming that his More Life Growth Co. was "centered around wellness, discovery, and overall personal growth with the hope of facilitating connections and shared experiences across the globe."
Under his partnership with Canopy, Drake was set to receive a 60 percent stake in More Life, while Canopy would receive 40 percent. The deal was intending to sell weed in the Canadian and global markets.
Canopy's financial records confirmed that the two companies parted ways, though it is unclear what led to the split. Director of communications at Canopy Growth, Jennifer White, also confirmed the deal's end in a statement to Bloomberg. She stated that the facility in Scarborough that was originally supposed to be used in the deal will now be a Canopy Growth's R&D facility, where the company will conduct science projects to further its cannabis endeavors.
Drake has not commented on the matter.
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