Canada Hemp News

Walmart Canada ‘fact-finding’ on potential for CBD product sales

The world’s largest retailer, Walmart, is considering selling CBD products in Canada, a development that comes just days before recreational marijuana markets open in the country. But Walmart says it isn’t ready to start selling cannabidiol just yet. “As we would for any new industry, Walmart Canada has done some preliminary fact-finding on this issue,” […]

Read More

Ottawa hemp company to buy natural-products manufacturer for CA$20M to boost product research

A Canadian hemp company is buying a natural-products manufacturer for $20 million Canadian dollars ($15.4 million) in a bid to accelerate development of CBD consumer goods. Ottawa-based LiveWell Canada agreed to acquire Acenzia, which manufactures neutraceuticals, including powders and sports drinks, in a 36,000-square-foot facility in Tecumseh, Ontario. The acquisition gives LiveWell (TSXV: LVWL) a place […]

Read More

Aurora makes big move into European hemp, CBD market

Continuing its global acquisition spree, Aurora Cannabis acquired two Lithuanian hemp companies for 6.3 million euros ($7.3 million) in cash and stocks. Edmonton, Alberta-based Aurora acquired hemp grower and processor Agropro UAB, which has some 4,000 acres growing hemp, and Agropro’s sister company, Borela UAB, which processes and distributes organic hulled hempseeds, hempseed protein, hemp flour […]

Read More

Canadian marijuana grower to buy Polish CBD company for $15.5 million

Canadian cannabis grower The Green Organic Dutchman has agreed to buy a Polish hemp company for $15.5 million. Green Organic Dutchman (TGOD) will pay $7.75 million in cash and the rest in stocks for 100% of HemPoland, a privately held company based in Elblag, Poland. The deal brings TGOD the CBD brand CannabiGold, as well as […]

Read More

Health Canada creates exemption for hemp farmers to harvest flower

Canadian hemp farmers will be allowed to harvest the entire plant – including flower – before the Cannabis Act takes effect in October. A new exemption issued by Health Canada last week allows farmers to harvest and store previously disallowed parts of the plant, but they won’t be able to sell it until after Oct. […]

Read More

CBD sexual-health company expands scope with California acquisitions

A Canadian marijuana company that specializes in sexual-health products has acquired two California companies to expand its CBD business in the United States. Rise Life Science of Toronto closed the deal Tuesday to acquire Cultivate Kind, a marketing company, and Life Bloom Organics, which makes CBD products. Rise paid $500,000 and issued 2 million common […]

Read More

Canada Hemp Trade Alliance taps agribusiness specialist as national changes loom

Canada’s largest hemp association has hired an agribusiness specialist to help lead the group through “monumental” changes looming for one of the world’s top hemp producers. The Canadian Hemp Trade Alliance, which represents about 500 hemp growers and others in the industry, has hired Ted Haney as executive director. Haney formerly served on the board […]

Read More