Canopy Growth
Lawsuit throws German cannabis program into limbo; deadline delayed to Dec. 11
Another lawsuit challenging the application process to grow medical cannabis in Germany could throw the already-delayed domestic cultivation plans even further into a state of uncertainty.
In an update to the public tender, the German Federal Institute for Drugs and Medical Devices (BfArM) disclosed a lawsuit filed in the Dusseldorf Higher Regional Court (OLG Dusseldorf).
Weekly Deal Watch: Cannabis funding frenzy highlights how much capital is ‘still on the sidelines’
This week was the single largest capital raise week for the industry, bolstered by the official close of Constellation’s investment in Canopy Growth.
Report: Constellation to sell off wine brands, focus on cannabis, beer
One of the world’s largest alcohol producers, Constellation Brands, plans to shed some of its U.S.-based wine portfolio as part of a strategic shift to beer and marijuana products, according to an exclusive report by Reuters.
Ahead of Canada’s big day, forecast for cannabis industry gets a boost
On the eve of Canada’s historic launch of its recreational marijuana program, the global cannabis industry appears poised for explosive growth thanks to the confluence of a host of market developments.
