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Business

Canadian firm to bring cannabis products to UK

LONDON: Canopy Growth Corp has joined forces with a UK researcher of cannabis-based therapies after the British government moved to liberalise the use of medical marijuana.

Business

AB InBev joins pot industry with Tilray beverage partnership

TORONTO: Budweiser brewer Anheuser-Busch InBev NV has joined the growing ranks of alcohol giants dipping their toes into the cannabis industry through a research partnership with Canadian pot firm Tilray Inc.

Business

Cannabis deals reach US$8bil in Canada this year

TORONTO: Marijuana has fuelled about US$8bil of deals in Canada this year, with Canopy Growth Corp and Aurora Cannabis Inc among the most active.

Corporate News

Coke eyes cannabis-infused drink market

NEW YORK: Coca-Cola Co is closely watching the fast-growing marijuana drinks market for a possible entry that would expand the world's largest soft drink maker's ambitions further away from sugary sodas

World

Canada Senate approves recreational use of marijuana

TORONTO (Reuters) - Canada's upper house of parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis.

World

Canada clears major hurdle in legalising recreational marijuana

OTTAWA (Reuters) - Canada's Senate on Thursday voted to legalize recreational marijuana, clearing a major hurdle that puts the country on track to become the first Group of Seven nation to permit national use of the drug.

World

Factbox - Pot Nation: Canada's plans for legal marijuana

(Reuters) - Recreational marijuana is on track to be legalized in Canada by July 2018, making Canada the first Group of Seven country to allow the drug nationwide and the second in the world after Uruguay.