Canopy, based in Smiths Falls, Canada, is conducting several clinical trials exploring how cannabis compounds can improve human and animal health, including research into the effectiveness of CBD, a non-intoxicating compound, to treat anxiety in animals. Cannabidiol, its formal name, has soared in popularity and is thought by its proponents to help with everything from stress to inflammation and insomnia.
“It’s really about duration and quality of life for animals that respond well to CBD,” Canopy Chief Executive Bruce Linton said in an interview, adding that hemp is an easily digestible protein that can be added to pet food. Shares of Sequential Brands Group Inc., which owns the Martha Stewart media and merchandising brands, surged Thursday, although it wasn’t clear whether the company would be involved in the partnership. The shares soared nearly 56%, their biggest one-day gain since 2012, before subsiding a bit; they were up 27.5% at $1.53 around 9:40 a.m. Pacific time. Canopy shares rose as much as 4.8% in Toronto.under certain circumstances.
Canopy announced in January that it will spend as much as $150 million to build a hemp facility in New York state, its first production plant in the United States. Linton expects the company to eventually have hemp facilities in multiple states.
I always thought poor Martha was a pot head. That's where she gets that sort of air-headed, half-sleeping persona. Thanks for the confirmation!
Can't she get her 'greed' gene under control? It would appear to be on steroids.
Just what we needed!
maybe it'll help her chill out.
Snoop has turned her out.
Interchangeable?
Snoop was a good influence on her.
Cool
Convicted felons can own cannibis related businesses?
She won't be happy until She Dominates The Entire World!!
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