News Formal

Canopy Growth buys majority stake in sports drink company BioSteel

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 99%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Cannabis company Canopy Growth Corp. has bought a majority stake in BioSteel Sports Nutrition Inc., a maker of sports nutrition products.

Financial terms of the all-cash agreement were not immediately available.Founded in 2009, BioSteel is best known for its pink sports drink that is used by professional athletes.

The company also has partnerships with USA Hockey, Canada Basketball, Athletics Canada and the Professional Hockey Players Association. "This acquisition allows us to enter the sports nutrition space with a strong and growing brand as we continue towards a regulated market of food and beverage products that contain cannabis," Canopy chief executive Mark Zekulin said in a statement.

"We view the adoption of CBD in future BioSteel offerings as a potentially significant and disruptive growth driver for our business."

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

YourMorning Well wont be buying any more Bio Steel.

FBenmans17

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 1. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Washington has no plans to stop Chinese companies from listing on U.S. exchanges at this timeChina says decoupling would harm financial markets and global growth
Sumber: nationalpost - 🏆 10. / 80 Baca lebih lajut »