Constellation-backed cannabis maker plans New York move

January 18, 2019

Canadian cannabis firm Canopy Growth, which is part owned by Constellation Brands, is readying to expand its production operations to the US with the build of a ‘hemp industrial park’ in New York. The new “large-scale” site – one of Canopy’s first processing facilities outside of Canada – will focus on hemp extraction and product manufacturing. It will be built at a cost of between US$100 million and US$150m. The project has been enabled by…

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