Storz & Bickel sell to Canopy Growth

Storz & Bickel Acquired by Canopy Growth

It was announced last week Canopy Growth, a leader in the cannabis space, had Acquired German Vaporizer manufacturer, Storz & Bickel, for 145 million Euros or 165 Million Dollars.

With the acquisition, Canopy Growth will gain access to the extensive patent library of Storz & Bickel – allowing for collaborative design of proprietary vaporizers under the penmanship of Canopy Growth.

New Mighty Vaporizer packaging

Newest Version Mighty and Crafty Vaporizer Improvements

The Mighty and the Crafty Vaporizers were released in 2014 and three years later Storz & Bickel still have us waiting in anticipation for their next new vaporizer. However constantly releasing new vaporizers is not Storz & Bickel’s game. We need to remember that the Classic Volcano Vaporizer was released to the American Market in 2003. Since 2003 Storz & Bickel have rolled out four additional vaporizers, one of which is just a Digital Volcano – the digital version of a Classic Volcano,so it’s hard to even say they have 5 different vaporizers. To add more  context it was over a decade before Storz & Bickel rolled out their portable vaporizer line ( the Mighty and the Crafty) after the success they had with the Volcano.