Connor Sheffield has, in the several months since he began using cannabis oil to treat his gastrointestinal dysmotility disorder, stopped having to use his feeding tube, gained 10 to 20 pounds and been able to go to school on a regular basis.
Retailers across Canada are struggling with a shortage of all cannabis, but there’s one product they’re especially desperate to keep on shelves: cannabidiol or CBD, a non-intoxicating extract vaunted for its purported health benefits.
Curaleaf said Wednesday it will buy cannabis oil company Cura Partners for $1 billion, the largest acquisition to date in the legal marijuana industry and a sign of how quickly the budding sector is maturing.