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Tilray to Acquire Hemp Food Company Manitoba Harvest for Up to $419 Million
The market for hemp-derived CBD was estimated at US$591 million in 2018 and is expected to balloon to US$22 billion by 2022.
Growing Interest in Hemp Production
The amount of hemp being grown in Canada is rising with Alberta leading the way. Industrial hemp a multi-purpose crop. Farmers need to be licensed by Health Canada before to grow it.
