Toronto/Vancouver | Reuters — Canada became the first industrialized nation to legalize recreational cannabis on Wednesday, but a lawful buzz will be hard to come by in its biggest cities […] Read more
Tag Archives canopy growth
Sober start as recreational marijuana becomes legal in Canada
Big Weed hits up Europe hoping for expansion cash
Toronto/London | Reuters — A favorite of DIY stock pickers, Canadian cannabis firms are trying to bolster their institutional investor base by ramping up efforts to woo European funds as […] Read more
Corona owner pours more funds into weed producer
Reuters — Corona beer maker Constellation Brands will invest a further $5 billion in Canada’s top cannabis producer Canopy Growth, doubling down on one of a growing number of bets […] Read more
Canopy Growth to buy Tokyo Smoke owner Hiku Brands
Reuters — Ontario’s Canopy Growth Corp. is buying Toyko Smoke cannabis owner Hiku Brands Co. Ltd. for $269.2 million, the latest deal in a fast-consolidating sector ahead of legal recreational […] 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
Flower growers turn to weed ahead of legalization
Winnipeg | Reuters — Some Canadian flower growers are turning to weed, with the country’s plan to legalize marijuana for recreational use expected to spur a spike in legal sales […] Read more