Canopy pushed further into the US CBD market with its acquisition of US energy-drink maker BioSteel Sports Nutrition. The company bought 72% of BioSteel for an undisclosed amount in an all-cash transaction and will produce a line of CBD-infused sports drinks like BioSteel’s pink beverages enjoyed in the dugout by most of my favourite baseball players.
Globe and Mail, Bloomberg

Quick Hits

  1. Canadiana nerds will be stoked both the name and logo of REC retail buyers’ co-op the Saskatchewan Weed Pool refer to the Saskatchewan Wheat Pool, formed in 1923 to get farmers fair prices for grain.
    CBC Saskatoon
  2. Organigram shut down and cleaned two of the cooling towers at its Moncton production facility after finding “elevated bacteria counts”—seemingly synonymous with a New Brunswick report identifying western-Moncton cooling towers as the source of a legionnaire’s disease outbreak.
    CBC New Brunswick