Tag: Cannabis News | Lifestyle Tips | Expert Opinions | Stocks

Tilray, AB InBev to launch CBD drinks in late 2019, THC drinks need more time

TORONTO — A joint venture between B.C. cannabis company Tilray Inc. and the world’s largest brewer Anheuser-Busch InBev plans to have CBD-infused drinks on the Canadian market as early as December, but says it needs more time to research beverages containing THC. Fluent Beverage Company’s chief executive Jorn Socquet said that through the two companies’ previously-announced research

Big banks seeing Canadian cannabis businesses as high risk

Cannabis is Canada is legal, and was sold as being big business, but as we approach the one year mark of Canadian cannabis legalization, big banks across the country are turning away from weed money. Thomas H. Clarke, who was one of the first Canadians to begin selling legal cannabis through his independent Portugal Cove-St.

Vaping fallout: Small stores suffering as American vapers turn away

NEW YORK — The thousands of shops that sprang up in cities and towns across the country over the past decade to sell vaping products have seen a stunning reversal of fortune, with their sales plunging in just two months amid news reports that vaping has sickened nearly 1,300 people and killed 26. People who

48North Acquires Sackville & Co.

TORONTO, Oct. 10, 2019 /CNW/ – Today, 48North Cannabis Corp. (“48North” or the “Company”) (TSXV:NRTH) announced that is has acquired Sackville & Co. Merchandising Ltd. (“Sackville & Co.”) a leading U.S.-based cannabis brand focused on design-forward cannabis accessories. 48North, a vertically-integrated licensed producer of cannabis focused on low-cost cultivation, brand and next-generation products, remains focused

Yield Growth Acquires Catalogue of Edible Mushroom Formulas

VANCOUVER, British Columbia, Oct. 10, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is pleased to announce that its wholly-owned subsidiary Flourish Mushroom Labs Inc. has completed the acquisition, announced on September 24, 2019, of a catalogue of mushroom formulas as the foundation of a

Quebec will challenge court ruling that allowed cannabis plants to be grown at home

QUEBEC — The Quebec government says it will appeal a decision invalidating parts of Quebec‘s cannabis law that prohibited home cultivation. On Sept. 3, Quebec Superior Court Justice Manon Lavoie ruled Quebec’s legislation infringed upon the jurisdiction of the federal government, which has sole responsibility for legislating on criminal matters. The judge ruled unconstitutional the sections

Constellation Brands CFO named chair at Canopy Growth

SMITHS FALLS, Ont. — The chief financial officer of Canopy Growth Corp.‘s largest shareholder has been appointed chair of the cannabis company’s board of directors amid an ongoing shakeup in its executive ranks. David Klein, the CFO at Constellation Brands Inc., has been appointed to the position effective immediately, the Smiths Falls, Ont.-based Canopy Growth said in

Shares of Green Organic Dutchman plunge after raising financing concerns

TORONTO — The Green Organic Dutchman Holdings Ltd. saw its shares plunge in early trading after the cannabis company said. It was reviewing financing alternatives in order to complete construction at its facilities in Ancaster, Ont., and Valleyfield, Que. The company says due to changing market conditions, financing sources have been unavailable on acceptable terms