A local hemp and CBD extraction firm has tapped institutional investors for US$3 million to cover costs related to a recent merger
Canopy Growth says the U.S. hemp-production facilities it has in the works can easily switch to cannabis if and when it becomes federally legal south of the border
The company announced plans to invest between US$100 million and US$150 million at its proposed New York hemp operations, although the exact location hasn't been decided
The partners said the deal will make the new company one of the largest hemp cultivation and CBD extraction operations in North America
Gatineau-based LiveWell has transitioned to trading on the Canadian Securities Exchange, a move that positions the hemp products company to sell into the United States
Even in a region known for its modern agri-food industry, Valley Bio is making a name for itself with its global reach and innovative business practices.