Category: Cannabis

U.S. cannabis company Green Growth Brands Ltd said on Thursday it would make a takeover bid for Aphria Inc , valuing the Canadian pot producer at C$2.8 billion ($2.06 billion). Read More

U.S. marijuana company Green Growth Brands Ltd said on Thursday it intends to make an offer for Aphria Inc , valuing the marijuana producer at C$2.8 billion ($2.06 billion). Read More

New York Governor Andrew Cuomo on Monday said legalizing marijuana for recreational use would be one of his top legislative priorities next year. Read More

Cannabis stocks were lower across the board Friday, falling with the broader market as investors locked in some of the week’s gains. The sector is being viewed as a winner in this week’s U.S. midterm elections, where three states approved legalization measures and pro-cannabis governors were elected in several states. The Democratic Party’s success in regaining control of the House... Read More

Coca-Cola Chief Executive James Quincey said Tuesday the company has no plans to enter the cannabis sector. Quincey was responding to an analyst question on the company’s earnings call following public commentary last month that the drinks giant was monitoring the non-psychoactive CBD category, which has drawn in other companies, notably Corona beer maker Constellation Brands Inc. STZ, -1.50% which... Read More