Sign up for the Canada Weekly Brief and get all you need to know delivered right to your inbox. TO CGC first realized last April that the thin liners inside aluminum cans could suck the cannabis buzz from their much-anticipated line of pot drinks. Newly appointed CEO David Klein said the problem was among several beverage-related growing pains the company faced ahead of the planned launch it delayed last month. Scientists have determined the liners can attract emulsified droplets of active cannabis ingredients over time when pot beverages are under pressure, leading to a less effective high when consumed.
Weed leader Canopy Growth done with buying smaller producers: CEO
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Constellation is betting in part on the promise that federal legislation might eventually follow moves by state governments in the United States to legalize, opening the door to legal production countrywide, and there have been tentative signs that others may follow. Linton said that with Canopy taken, the other companies on offer in the sector looked too small to tempt major potential investors, pointing to the likelihood of more consolidation within the sector first. He also said his own firm had bought as many producers as it needed and would focus instead on companies that may provide synergies with his central business of growing the plant. When asked whether Canopy would consider acquiring growers outside Canada, Linton said there were no companies outside of Canada he would consider buying. For interactive graphic, click here: tmsnrt. The 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. Recreational use is now legal in 10 states and the District of Columbia.
Canopy Growth knew about THC-sucking drink cans 10 months ago
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