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Cannabis company Canopy Growth Corp. has signed a deal with Indiva Ltd. for the exclusive rights and interests to manufacture, distribute and sell Wana branded edible products in Canada.
S&P Global Inc. has withdrawn its ratings of Canada’s Canopy Growth Corp. at the cannabis company’s request, according to a release from the New York-based credit-ratings and research firm on Monday.
Canada's competition watchdog is putting its weight behind some longtime cannabis industry asks including easing restrictions on cannabis packaging and adjusting limits on how much of pot’s psychoactive component can be in edible products.
When Canopy Growth Corp. announced it took a controlling stake in a near-insolvent BioSteel Sports Nutrition Inc. nearly three years ago to help make a line of CBD-infused sports drinks, investors cheered the move, pushing its stock up as much as five per cent that day.
Weed stocks surged after a key piece of legislation was reintroduced in U.S. Congress that would open up banking services to the legal cannabis industry.
The Alcohol and Gaming Commission of Ontario, which regulates the province's cannabis retailers, said stores must ensure cannabis products are not visible from the shop's exterior.
The chief executive officer of Tilray Brands Inc. said the acquisition of competitor Hexo Corp. will help position his company to lead Canada’s cannabis industry.
Tilray Brands Inc. is acquiring rival Canadian cannabis producer Hexo Corp. in a deal worth about US$229 million on Monday in its latest move to strengthen its position as the leading legal marijuana company in Canada.
Phoena Holdings Inc. plans to wind down its business and has obtained creditor protection for a second time.