CANNABIS CULTURE – Highlands Investments (formerly Canopy Africa) has launched Africa´s cannabis contract farming platform called Canna-Tract. Whether this is canna-colonialism or a secure platform for Africa’s cannabis cultivators has yet to be determined.
The gains cannabis companies were banking on in the lead-up to legalization of recreational sales in October 2018 have not materialized. So, what went sideways?
The acquisition streak in the marijuana industry just got a bit longer. Canadian producer Canopy Growth (NYSE: CGC) announced it has reached a deal to fully acquire a research joint venture it co-founded in 2018.