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Cannabis producer Canopy Growth pops after receiving a license to process hemp in New York

“Canopy ‘s investment was supported by a recent deal with Constellation Brands, the maker of Corona beer based in New York, the company said” writes Ethel Jiang for businessinsider.com. Canopy’s entering into the US market comes one month after President Donald Trump signed the US Farm Bill into law, legalizing hemp.In November, Constellation closed its deal to invest $4 billion in Canopy.
 
Source: businessinsider.com



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