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Karma debuts CBD water distributed by Constellation Brands

Food industry news, voices and jobs. Optimized for your mobile phone. ....

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Leftovers: PeaTos takes a swing at Doritos; Tilray crafts a beer, cannabis brand combo

Leftovers: PeaTos takes a swing at Doritos; Tilray crafts a beer, cannabis brand combo
fooddive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fooddive.com Daily Mail and Mail on Sunday newspapers.

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Anheuser-Busch Inbev Sa (BUD) - Aphria CEO Talks Up Tilray Deal, Expects To Be EBIDTA-Positive And 'Not Burning Cash'

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. ....

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Increasing Acceptance Leads to Massive Opportunity for Smart Companies in CBD Space

Increasing Acceptance Leads to Massive Opportunity for Smart Companies in CBD Space
- NetworkNewsWire Editorial Coverage
NEW YORK, Dec. 10, 2020 /PRNewswire/ CBD is now legal in all 50 states, and on election day this year, four states voted to legalize the recreational use of cannabis, bringing the total of states allowing recreational cannabis use to 15. This growing acceptance has fueled an influx of new CBD-infused products and brands, leading a Lido Consulting report to note that the total addressable cannabis market (TAM) could potentially hit $1 trillion in global economic impact by 2027. Savvy companies recognize the bright promise of this burgeoning industry and are focused on taking advantage of the massive opportunity. Leading the pack is ....

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