Colombian cannabis firm Flora to buy California vape brand for $30 million
Colombian cannabis firm Flora Growth reached a definitive agreement to acquire Carlsbad, California-based Vessel Brand for $30 million.
International Marijuana Business News – Latin America
Colombian cannabis firm Flora Growth reached a definitive agreement to acquire Carlsbad, California-based Vessel Brand for $30 million.
Mexico’s watershed court decision to authorize recreational marijuana even before regulations for the market have been settled gives cannabis entrepreneurs even more reason to make business plans to enter what could soon be the world’s biggest adult-use market.
Aurora Cannabis decided not to renew a contract to produce recreational marijuana in Uruguay, and the Canadian company is “actively marketing” a facility in the South American country, a spokeswoman confirmed to MJBizDaily.
Toronto-headquartered cannabis company Flowr Corp. is slashing its workforce and pulling out of noncore markets – including Australia, Uruguay and Spain – as part of a strategic review intended to put the business on firmer financial footing.
One is quick but expensive. The other is economical but slow – and tricky to get just right.
Extractors looking to isolate certain cannabinoids have long relied on chromatography to dial up or down the many cannabinoids in marijuana and hemp plants.