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Meta Platforms (NASDAQ: META) faces increased scrutiny after a Reuters investigation alleged the company tolerated ad fraud from China to protect revenue. The stock dipped in after-hours trading as the market digests potential regulatory and financial risks.
Canopy Growth will acquire MTL Cannabis for an enterprise value of approximately $179 million, a strategic move to establish itself as Canada's top medical cannabis provider and accelerate its journey to profitability through significant cost savings and increased market presence.