Cannabis producer Canopy Growth said on Thursday it had roped in lifestyle guru Martha Stewart as an advisor to help develop a line of ...
REUTERS: Marijuana producer Canopy Growth has roped in lifestyle guru Martha Stewart as an adviser to help develop and launch a line of pot-based products for both humans and animals, it said on Thursday.
Stewart, a 90s icon who became a household name through her cooking and lifestyle shows, co-hosts a show with rapper Snoop Dogg, who made headlines last year for smoking pot in front of the White House.The deal between Canopy and Sequential Brands Group Inc, which owns the Martha Stewart brand, will seek to leverage Stewart's knowledge of consumer products in the launch of products based on CBD, the non-psychoactive chemical found in marijuana.
The U.S. Food and Drug Administration has prohibited companies from adding CBD to food, but many drinks companies have announced plans to use it.Corona beer maker Constellation Brands has signed a deal with Canopy to make various pot-infused drinks. Cannabis companies in Canada have been pouring cash into their businesses to both fend off competition and develop new products, especially after the country approved the use of recreational marijuana.
Canopy has also announced plans to invest between US$100 million and US$150 million in a hemp industrial park in New York State.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sully, George H.W. Bush’s Service Dog, Takes On New Role Helping Military PatientsSully, George H.W. Bush’s service dog, takes on new role helping military patients.
Read more »
KrisEnergy appoints advisers over debt burden, widens Q4 net lossKRISENERGY, an upstream oil-and-gas firm, said on Tuesday it has appointed advisers to formally evaluate and implement all viable options available to the group, as the loss-making group remains over-geared and underequitised. Read more at The Business Times.
Read more »
Trump adviser Kushner meets Turkey's Erdogan on Israel-Palestinian peace planANKARA (REUTERS) - White House adviser Jared Kushner discussed his Israeli-Palestinian peace efforts with Turkish President Recep Tayyip Erdogan on Wednesday (Feb 27), and the two also discussed increasing US-Turkish cooperation and ways to boost economic conditions in the region.. Read more at straitstimes.com.
Read more »
Three top hotels in Hanoi will play key roles in Trump-Kim summitHANOI - As 100 or so journalists stake out behind a barrier near the Melia Hotel in downtown Hanoi, and another bunch keeps watch some 10km away at the J. W. Marriott, workers at the Sofitel Legend Metropole Hotel have been going about giving the colonial building a last scrub.. Read more at straitstimes.com.
Read more »