Oct 15 (Reuters) - Canopy Growth Corp WEED.TO :
* CANOPY GROWTH TO ACQUIRE ASSETS OF COLORADO-BASED HEMP INNOVATOR EBBU
* CANOPY GROWTH CORP - PROPOSED DEAL FOR CDN$25 MILLION IN CASH, ISSUE 6,221,210 COMPANY COMMON SHARES TO EBBU IN EXCHANGE FOR ASSETS BEING ACQUIRED
* CANOPY GROWTH - UP TO A FURTHER C$100 MILLION IN PURCHASE PRICE WILL BE PAYABLE IF CERTAIN MILESTONES ARE ACHIEVED WITHIN TWO YEARS FOLLOWING DEAL CLOSING