Canopy Growth Corporation (TSX:WEED,NYSE:CGC) Founder, Chairman and co-CEO Bruce Linton was featured in an interview with BNN Bloomberg where he discussed the company’s US$3.4-billion deal to acquire Acreage Holdings, Inc. (CSE:ACGR.U,OTC:ACRGF,FWB:0ZV), a vertically-integrated US cannabis company with operations in 19 states.  Under the terms of the acquisition, Canopy Growth retains the right to acquire Acreage once cannabis production and sale becomes federally legal in the US. The two companies will also be executing a license agreement that will allow Acreage to access Canopy Growth’s award-winning brands such as Tweed and Tokyo Smoke, along with other intellectual property.

According to Linton, Canopy Growth has been working on this deal with Acreage since November 2018. He believes that the agreement will provide tremendous value to shareholders once the companies combine their businesses, sharing intellectual property and trade secrets.


Linton also believes that their deal with Acreage is easily replicable for other cannabis and biopharma companies. He pointed out that Canopy Growth was able to go after the company that it wanted because Acreage’s brands and assets complemented Canopy Growth’s existing portfolio. Linton, however, believes that these types of deals will become more costly and involve more players as Canadian companies attempt to enter the US cannabis market.

To listen to the full interview, click here.

Click here to connect with Acreage Holdings for an Investor Presentation.

 BioHarvest Sciences Inc. (CSE: BHSC) (the “Company” or “BioHarvest”) invites its shareholders and the general public to join a Live Video Conference (“Webinar”) on Thursday, January 21st, 2021 at 2:00 PM Eastern Standard Time (11:00 AM Pacific Standard Time). Ilan Sobel, CEO of BHSC, will host the event and discuss progress on Bioharvest’s Growth Plan, which will include highlights of the 2020 milestones achieved, key business capabilities built, and will provide an important overview of 2021 Priorities.

The presentation will be approximately 35 minutes, followed by a live question and answer session.

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World-Class Extractions Inc. (CSE:PUMP)(FRA:WCF)(OTCQB:WCEXF) (the “Company” or “World-Class”), reports that it has sold its 50% interest in Cobra Ventures Inc. (“Cobra”), which sale included all funds previously advanced by World Class to Cobra, to the remaining shareholder of Cobra, for $2,500,000 in cash

An investment group led by Richard Goldstein retains 100% control of Cobra, and its senior secured debenture of Hydrx Farms Ltd. (“Hydrx”), acquired by Cobra in October 2020.

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Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), an innovative global cannabinoid company, today announced that Kurt Schmidt, President and Chief Executive Officer, will speak at the 24th Annual CIBC Western Institutional Investor Conference on Friday, January 22, 2021 at 4:10 p.m. EST.

A recording will be available on the Investors section of the Company’s website at https://ir.thecronosgroup.com/events-presentations .

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  • Disease control of root-rot Aphanomyces zoospores in laboratory tests.
  • Outstanding Efficacy: 100% control at economic application rates within 24 hours.
  • Aphanomyces is a soil-borne root-rot disease that destroys peas, lentils, and legume crops.

MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF) (FSE: 0C0) (the “Company”, “MustGrow”) is pleased to announce successful laboratory test results of its patented mustard-derived biopesticide on Aphanomyces euteiches zoospores (“Aphanomyces”) via an independent third party facility: 100% control at economic application rates within 24 hours. MustGrow will now advance to larger scale greenhouse and field tests. Study results and applicability are patent-protected under MustGrow’s existing suite of issued patents.

MustGrow’s remarkably safe and effective organic biopesticide is plant-based – harnessing the mustard seed’s natural defense mechanism to control diseases, pests, and weeds with an organic food-grade biopesticide.

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Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced the hiring of CPG industry veteran Ty Gent as the Company’s new Chief Operating Officer (“COO”). As COO, Gent will be responsible for operational consistency and efficiency across markets and implementation of structural enhancements to facilitate scaling.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210119005322/en/

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