Sproutly Closes Acquisition of Infusion Biosciences Canada And SSM

Sproutly Closes Acquisition of Infusion Biosciences Canada and SSM

CANADA: Sproutly Canada has completed the acquisition of all of the issued and outstanding shares of Infusion Biosciences Canada, according to a company press release. “We are extremely excited to finalize this Acquisition, enabling Sproutly to commercialize the APP Technology in major regulated markets around the world with innovative cannabis products that target the $50+ billion Read the full article…

Molson Coors Canada and HEXO Announce Agreement to Create JV Focused On Cannabis-Infused Beverages

Molson Coors Canada and HEXO Announce Agreement to Create Joint Venture Focused on Non-Alcoholic, Cannabis-Infused Beverages for the Canadian Market

CANADA: Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company, and leading Canadian cannabis producer, The Hydropothecary Corporation (HEXO), are pleased to announce that they have entered into a definitive agreement to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. The joint venture Read the full article…

Green With Envy: Why the Biggest Battleground for the Beverage Industry Will be in Cannabis

Infused beverages represent a growth segment of the canna economy

ILLINOIS: Legal cannabis provides a valuable opportunity to reshape the consumer beverage industry, according to Cannabiz Consumer Group (C2G). Today, beverages generate nearly $1.5 trillion annually for the US economy. Manufacturers profiting from increasing demand for beverages that are healthier alternatives to traditional sodas and sugary drinks, while delivering unique flavors and experiences. Coupled with ample Read the full article…