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. Cannabis producer Tilray Inc. has signed a deal to acquire Hemp Hearts-maker Manitoba Harvest for up to $419 million in cash and stock as the two companies look to launch CBD-infused products where permissible in the U.S. The acquisition accelerates the Nanaimo, B.C.-based pot grower’s entry into the U.S. market as the hemp…
via Blogger Tilray to Acquire Hemp Food Company Manitoba Harvest for Up to $419 Million
0 Comments
Leave a Reply. |
AuthorI have served the country for many years. A year ago I was battling with cancer and thankfully I found a solution to heal my illness and wanted to help others who have gone through what I've been through. Archives
May 2019
Categories |