With Tilray Deal, Manitoba Harvest CEO Sees Opportunity to Dive into CBD Market
Provided By - Video Elephant on February 23, 2019
Another Canadian marijuana giant is planning big moves in U.S. hemp through the acquisition of a Canadian health food company. Tilray announced this week it would buy Manitoba Harvest for about $318 million. Manitoba Harvest is perhaps best known for its hemp hearts and hemp oil, which the company sells online and in-store at more than 16,000 locations across North America. Its partners include major retailers, like Walmart, Costco, and Whole Foods.