Canopy Growth Corp. (NYSE:CGC) announced the launch of a new line of CBD-infused beverages.
Dubbed
Quatreau, the sparkling waters represent the company’s first incursion into the CBD beverages market in Canada. The line features drinks with CBD – and almost no THC, as well as “balanced” option, with 2mg of each, and comes in four flavors:
Cucumber + Mint, with 20 mg of CBD and 1 mg of THC.
Passion Fruit + Guava, with 20 mg of CBD and 1 mg of THC.
Ginger + Lime, with 2 mg of CBD and 2 mg of THC.
Blueberry + Açai, with 2 mg of CBD and 2 mg of THC.
A ‘Mood Modulation’ Play
Aphria (NASDAQ:APHA) and
Tilray (NASDAQ:TLRY) announced a merger to create the largest enterprise in the industry by revenue.
It is estimated the combined entity will be valued at roughly $3.9 billion, boasting pro-forma yearly sales of $685 million.
Benzinga had the chance to catch up with Aphria CEO and chairman
Irwin D. Simon, who will maintain those two positions in the new company, and Tilray CEO
Brendan Kennedy, who will serve in the new corporation’s board of directors alongside one other person picked by Tilray, and seven others (including Simon) from Aphria. In the first part of this interview, we discussed the genesis of the transaction, its implications, cost savings, and layoffs. In this second piece, we’ll look into the companies’ ambitions in the beverages and international markets, among other things.
Carlos Santana has openly shared his respect towards the plant throughout the years.
A magician on the guitar, the music legend and entrepreneur has often touted the healing properties of marijuana ever since he was a little kid. Santana credits his mother for shaping his outlook, as well the appreciation of his native Mexican culture, which cherishes earth given medicines.
The 10-time Grammy-award winning musician is also known to the public for his charity work. Back in 1998, Santana founded The Milagro Foundation (The Miracle Foundation) with his family. The group helps underserved and vulnerable children around the globe, and supports organizations that work with children in the areas of health, education, and the arts.