- Other tech giants, such as Facebook and Google have steered clear of supporting cannabis sales, even in Canada where it’s federally legal. But Uber CEO Dara Khosrowshahi has previously expressed interest in the space.
- The company said it would continue to look out for opportunities as regulations evolve.
On LinkedIn, Marketer Matthew Shterenberg asked how the industry feels about big tech’s arrival.
More cross-border action:
- Energy drink giant Monster Beverage is reportedly exploring an acquisition of Constellation Brands, the U.S. liquor company which is a major investor in Canopy Growth. Coca-Cola is a major investor in Monster. Monster’s market cap is $47B. Constellations is $44B.
- MJBiz talked to Wana Brands CEO Nancy Whiteman about the recent $300M Canopy Growth deal.
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