Cannabis

Cannabis: Constellation Steps Back, Canopy USA Steps Up

Cannabis: Constellation Steps Back, Canopy USA Steps Up

Constellation Brands is simplifying its approach to the cannabis industry as the company announced plans today to convert its common shares of Ontario-based Canopy Growth Corporation into new non-voting exchangeable shares.

Cannabis Beverage Leaders Feel New York Times Feature Paints Narrow Picture

Cannabis Beverage Leaders Feel New York Times Feature Paints Narrow Picture

Last week, many THC-infused cannabis beverage brand leaders received long awaited recognition in the mainstream press when the New York Times ran a feature covering the surging popularity of the emerging category in legal markets. But the piece, titled “Weed Drinks Are a Buzzy Alcohol Substitute. But Are They Safe?” didn’t sit right with many… Read more »

Brewbound Podcast: Paul Weaver on Boston Beer’s Cannabis Plans

Brewbound Podcast: Paul Weaver on Boston Beer’s Cannabis Plans

Boston Beer’s head of cannabis, Paul Weaver, discusses the Truly Hard Seltzer and Twisted Tea maker’s foray into cannabis-infused beverages in Canada. Weaver shares why tea was the perfect vehicle for a THC-infused drink, how the July launch of Teapot has gone, and how the narrative of cannabis stealing occasions from beer has changed.

Tilray Takes on HEXO Debt, Opens Path For Equity Ownership

Tilray Takes on HEXO Debt, Opens Path For Equity Ownership

Two of Canada’s major cannabis producers are coming together after Tilray Brands agreed to take on $211 million of debt from HEXO, a resolution that will allow the latter brand to shake off its “crippling overhang” by providing Tilray with “significant equity ownership position,” according to a press release.