Reuters — The U.S. Food and Drug Administration (FDA) is planning to make recommendations on how to regulate the use of popular cannabis compound CBD in food and supplements, the […] Read more
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U.S. FDA reported weighing CBD regulation in food, supplements
Canopy eyes U.S. expansion via weed gummies maker
Ontario firm to pay US$297.5 million for Wana Brands
Reuters — Canada’s Canopy Growth Corp. said on Thursday it would buy weed gummies maker Wana Brands for US$297.5 million, as the world’s biggest pot producer looks to expand in […] Read more
Cannabis firms catch whiff of opportunity in Brazil
Canadian producers among those now supplying Brazilian market
Sao Paulo | Reuters — International cannabis companies are showing interest in Brazil, both its large consumer market for medicinal products and a proposal that could legalize planting of the […] Read more
Hemp poised for year of gains
Nationwide increase in acres expected
MarketsFarm — The hemp industry in Canada is set for a good year in 2021, according to Canadian Hemp Trade Association (CHTA) CEO Ted Haney. “It looks like we are […] Read more
BAT looks beyond tobacco to Canadian marijuana
Lucky Strike cigarette maker buys into Moncton's Organigram
Reuters — British American Tobacco (BAT) said Thursday it will buy a nearly 20 per cent stake in New Brunswick-based cannabis producer Organigram for about 126 million pounds (C$221.3 million) […] 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
Canopy Growth may face challenges offloading assets, CEO says
Reuters — Canada’s biggest cannabis producer, Canopy Growth Corp., could face challenges offloading assets as it seeks to winnow its facilities down to focus on its most lucrative markets and […] Read more
For many U.S. farmers who planted hemp, CBD boom leaves bitter taste
Reuters – Dan Maclure planted eight acres of hemp on his Vermont farm for the first time this year, aiming to cash in on the exploding demand for CBD, a derivative of […] Read more
Vape product concerns weigh on cannabis companies
Toronto | Reuters — A U.S. recommendation that consumers avoid vaping products containing the active ingredient in marijuana ahead of their legalization in Canada next month could be a blow […] Read more
Cannabis edibles clear for legal launch before year-end
Food products containing cannabis are expected to be on the retail market by mid-December at the earliest under new federal regulations announced Friday. Health Canada on Friday announced amendments to […] Read more
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