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United Kingdom

Canopy Growth Says It Receives New York State Hemp Licence


Monday, 14 Jan 2019 

Jan 14 (Reuters) - Canopy Growth Corp ::CANOPY GROWTH RECEIVES NEW YORK STATE HEMP LICENCE AND WILL ESTABLISH U.S.-BASED COMMERCIAL OPERATIONS.CANOPY GROWTH CORP - DEPENDING ON BOARD APPROVAL INTENDS TO INVEST BETWEEN $100 MILLION USD AND $150 MILLION USD IN ITS NEW YORK OPERATIONS.CANOPY GROWTH CORP - INTENDS TO ANNOUNCE SPECIFIC LOCATION WITHIN 100 DAYS.CANOPY GROWTH CORP - WILL SOURCE HEMP EXCLUSIVELY FROM AMERICAN FARMERS FOR ITS AMERICAN OPERATIONS ONCE UP AND RUNNING.CANOPY GROWTH CORP - IN PROCESS OF EVALUATING A NUMBER OF SITES IN SOUTHERN TIER OF NEW YORK AS AN EXTRACTION AND PROCESSING FACILITY.