One of the world’s biggest beer companies is moving to expand its brewing capacity on Canadian soil with a $144 million deal for Kitchener-based Waterloo Brewing. Carlsberg Group on Wednesday […] Read more
Tag Archives beverages
Carlsberg to buy Ontario’s Waterloo Brewing
Danish brewing giant paying $144 million to scale up Canadian business
Canadian pot producer Aphria to buy U.S. craft brewer
SweetWater's '420' beer would come to Canada
Reuters — Canadian cannabis company Aphria Inc. said on Wednesday it plans to buy craft brewer SweetWater Brewing for US$300 million as it looks to expand into the U.S. while […] Read more
Cannabis-infused drinks fizzle on production, distribution challenges
'Actually executing the idea is much more difficult'
Reuters — Investors pinning hopes on cannabis-infused drinks to propel growth of the legal marijuana industry may have to wait a bit longer, as companies struggle to produce and distribute […] Read more
Nestle to source plant proteins from Winnipeg
Winnipeg/Zurich | Reuters — Food company Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such […] Read more
As ‘Cannabis 2.0’ kicks off, industry strangled by limited retail outlets
Reuters — A year after Canada legalized use of recreational marijuana, cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused drinks and […] Read more
Labatt to partner with Tilray to tap cannabis drink market
Toronto | Reuters — Anheuser-Busch InBev, the world’s largest brewer, and Canadian pot producer Tilray Inc. are partnering in a US$100 million joint venture to research cannabis-infused non-alcoholic drinks for […] Read more
Constellation hedges bets on pot boom with Canopy stake
Reuters — Constellation Brands has bought a nearly 10 per cent stake in Canadian cannabis producer Canopy Growth Corp. for about $245 million, making it the first major wine, beer […] Read more