One of the largest tobacco companies in North America, Altria Group - which owns Philip Morris USA, best known for their manufacture of Marlboro cigarettes - has agreed to invest $1.8 billion USD ($2.4 billion Canadian dollars) into Cronos Group, based in Ontario. The investment marks the largest … Read more about Big Tobacco Moving Into Cannabis Market
McConnell: Farm Bill Will Include Hemp Legalization
US Senate Majority Leader Mitch McConnell (Republican - Kentucky) spoke to reporters last week and said that while legislators are still trying to come to a consensus on the Farm Bill, a provision legalizing hemp will be included in the legislation. When asked by reporters about the hemp provisions … Read more about McConnell: Farm Bill Will Include Hemp Legalization
Canadian Cannabis Market May Be Unable to Meet Future Demand – Legalization Pending
Canada is on track to become the first developed nation in the world to legalize cannabis, which has sent Canadian cannabis company stocks soaring. Prime Minister Justin Trudeau introduced legislation this past April that would make cannabis legal for adults 18 years of age and older throughout the … Read more about Canadian Cannabis Market May Be Unable to Meet Future Demand – Legalization Pending