Cannabis Wheaton acquires Uruguayan hemp CBD producer for $15 million

Canada’s global cannabis-buying spree is moving to Uruguay. Vancouver, British Columbia-based Cannabis Wheaton announced Tuesday that it plans to spend up to $15 million to acquire 80% of Inverell shares. Based in Uruguaya’s capital, Montevideo, Inverell produces high-CBD hemp and low-THC marijuana. While Canadian marijuana companies have expanded their international reach by purchasing businesses in […] Cannabis Wheaton acquires Uruguayan hemp CBD producer for $15 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs