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

    4 days ago - By Business Insider

    Canopy Growth announced Monday that it has received a license from New York state to process hemp, a source of the popular ingredient cannabidiol.
    The Canadian marijuana producer intends to invest $100 million to $150 million in an operation site in the southern tier of New York, its first extraction and processing facility outside Canada.
    Canopy is entering into the US market one month after President Donald Trump signed the US Farm Bill into law, legalizing hemp.
    Watch Canopy Growth trade live.
    Canopy Growth was up 8.18% at $41.40 a share Monday after the company said it has received a...
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  • Canada's Canopy Growth shares jump on deal to develop industrial hemp farms in New York

    Canada's Canopy Growth shares jump on deal to develop industrial hemp farms in New York

    4 days ago - By CNBC

    Canopy Growth has been granted a license by New York State to process and produce hemp.
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