Canopy Growth launches new CBD drinks in Canada, U.S. challenges loom

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Description: Canopy Growth (WEED.TO)(CGC) has launched CBD-based drinks aimed at pushing beverage-based pot beyond occasions where it’s socially appropriate to get high. While the Canadian pot giant continues to expand its infused drinks lineup at home, challenges lay ahead as the company looks toward the American market.

Source: Yahoo.Finance.com

Date: Nov 05, 2020

Link: https://ca.finance.yahoo.com/news/canopy-growth-launches-new-cbd-drinks-in-canada-us-challenges-loom-112046506.html

Questions for discussion:

  • What are the legal problems facing managers attempting to develop North American distribution?
  • What strategy would recommend?