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
Tag Archives thc

Canopy eyes U.S. expansion via weed gummies maker
Ontario firm to pay US$297.5 million for Wana Brands

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

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

Tilray to buy hemp food maker Manitoba Harvest
Reuters — Shares of cannabis firm Tilray Inc. rose as much as seven per cent on Wednesday after announcing a deal to buy hemp food maker Manitoba Harvest for up […] 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

Sober start as recreational marijuana becomes legal in Canada
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

Cannabis’ cousin hemp entering new age too
CNS Canada — As cannabis basks in the glow of the first day of its legalized recreational sale, its close cousin hemp is coming through its own year of change. […] Read more

End of reefer madness could clear air for Canadian hemp
CNS Canada — Anticipated legislative changes for marijuana production could spill over to hemp, according to the head of an industry group — but this year, Canada’s hemp producers are […] Read more

Hemp industry scrambling to meet new Korean demand
CNS Canada — An explosion in demand for Canadian hemp out of South Korea is welcome news for the industry, but strict regulations may hamper just how much of that […] Read more