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Canadian cannabis company Hexo unveils its third and biggest deal of the year so far


Canadian cannabis company Hexo unveils its third and biggest deal of the year so far
MarketWatch
1 hr ago
CANNABIS WATCH
© robyn beck/Agence France-Presse/Getty Images
Canadian cannabis company Hexo Corp. announced its third and biggest deal of the year so far on Friday with news that it is acquiring privately held Redecan for C$925 million ($764.7 million) in cash and stock.
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Gatineau, Quebec-based Hexo said the deal will propel it to leader in the Canadian adult-use cannabis market and give it number one position in Canada’s four biggest markets, Alberta, British Columbia, Quebec and Ontario.
“The Canadian adult-use industry continues to evolve at a rapid pace, and we are at the forefront of that change,” Hexo Chief Executive and co-Founder Sebastien St-Louis said in a statement. ....

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Democratic Concerns Over Minimum-Wage Hike Complicate Covid Aid Bill


Democratic Concerns Over Minimum-Wage Hike Complicate Covid Aid Bill
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Biden Picks More Women for Cabinet Than His Predecessors Did


Updated Jan. 13, 2021 1:17 pm ET
President-elect Joe Biden has chosen more women for his cabinet than his six predecessors had at the start of their administrations, according to new research from the Brookings Institution, after women played a key role in his November election win.
The research from the Washington think tank, which was shared with The Wall Street Journal, also found that Mr. Biden’s planned cabinet nominations are on par with those of former Presidents Barack Obama and Bill Clinton when it comes to minority representation. Overall, Mr. Biden is on track to have the most diverse group of nominees for Senate-confirmed positions, including those that aren’t in the cabinet, the Brookings report said. ....

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At Least Three Lawmakers Test Positive for Covid-19 After Capitol Attack


Updated Jan. 12, 2021 5:03 pm ET
WASHINGTON At least three lawmakers who sheltered in a secure room during last week’s storming of the Capitol said they have since tested positive for Covid-19, adding to fears about the virus’s spread during the attack.
The lawmakers, all Democrats, said they had fled during the attack to the room where Republican lawmakers refused to wear masks. A video posted by Punchbowl News shows Rep.
Lisa Blunt Rochester
(D., Del.) in the room offering masks to a group of House Republicans, who decline to put them on.
The Capitol’s physician told lawmakers and staff this weekend that those who were in the room might have been exposed to someone infected with Covid-19. ....

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