Cannabis in Canada. It’s the biggest thing since Kim Kardashian broke the internet and it continues to gain momentum, as well as influence global industry development.
Canadian company Hexo announced it would acquire Newstrike Brands, a marijuana producer that has a partnership with members of the former Canadian rock band The Tragically Hip, in an all rock … errr stock deal.
The C$263 million deal hands Hexo hundreds of thousands of extra square footage to produce more pot and complements its partnership with Molson Coors’ (TAP) Canadian business to develop cannabis drinks.
The $6 billion Tilray has