The biggest of Canada’s booming pot growers, Canopy Growth Corp, has further to go on a string of acquisitions that has seen it suck up at least 12 smaller firms in a year, but it is done buying other producers, Chief Executive Officer Bruce Linton said.
Coca-Cola Co. last year quashed a handful of reports that it was looking at developing cannabis-infused drinks and analysts have pointed to the area as a possible next investment for “sin stocks” like tobacco and alcohol makers. “We will not be buying anyone who currently produces cannabis in Canada for sure,” Linton said. “We’re more interested in what exists in the pharmaceutical world than the cannabis world.”
JUST LIKE GIN AND TONICThe pot industry has seen a string of deals in recent months buoyed by the possibility of cannabis-infused products becoming legal at a federal level in the United States. Linton was confident in the scale his company had developed so far and said other producers would have to merge to compete or pique the interest of other investors.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bruce Pardy: In the name of social justice, they are showing reformers their placeA civil war is unfolding inside the Law Society of Ontario and at stake is the liberty to think and speak for yourself When PardyBruce change his position on compelled speech? Okay for TWU to force religious doctrine on students but not okay for the LSO to ask lawyers to spend 5 minutes thinking about EDI once a year, with no consequences if they don't?
Source: nationalpost - 🏆 10. / 80 Read more »
Big rollers: Eldorado buys Caesars for US$17BEldorado Resorts will buy Caesars in a cash-and-stock deal valued at $17.3 billion, creating a casino giant. Cryptocoins is the future some time ago i invested in Bitcoinand DeepOnion and very happy now GetDeepOnion $ONION
Source: CTVNews - 🏆 1. / 99 Read more »
An Instant Pot will cost $38 more in the U.S. if Trump goes ahead with new China tariffsParent company Corelle argues its cookers should be exempt from tariffs because they do not use intellectual property that could be stolen Fewer will then be sold. Big win for the environment. freyburg you got in on the ground floor. Ur gonna be RICH Win for US jobs, economy and future stability of the country.
Source: nationalpost - 🏆 10. / 80 Read more »
Iranians say their 'bones breaking' under U.S. sanctionsAs the U.S. piles sanction after sanction on Iran, it's the average person who feels it the most. While many blame U.S. President Donald Trump and his maximalist policy on Iran, many Iranians also blame their own government. Easy fix. Get rid of their leaders Their unemployment is at 12%. Northern Alberta is sitting at over 11% and many parts of the Atlantic & Nunavut are even higher than Iran. Their bones are breaking, but there seems to be no sympathy when Canadians are suffering. We get called whiners by the Liberal supporters. I know where this is going. So does everyone else
Source: CTVNews - 🏆 1. / 99 Read more »
‘I am going to get bit eventually’: Meet the Alberta rattlesnake wrangler keeping serpents and citizens safe'I am going to get bit eventually': Meet the Alberta rattlesnake wrangler keeping serpents and citizens safe
Source: nationalpost - 🏆 10. / 80 Read more »
China says U.S.-China trade teams in contact ahead of G-20Chinese and U.S. trade negotiators are in contact on ways of resolving disputes ahead of an expected meeting between their heads of state at the G-20 summit in Japan later this week, a Chinese official said Monday.
Source: CTVNews - 🏆 1. / 99 Read more »