Coda Signature has closed $24.4m in Series A funding as it looks to accelerate its expansion into emerging North American markets. Read more
California-based cannabis company Caliva has acquired beverage brand Zola as it looks to expand into the cannabis- and hemp-based drinks category. Read more
Colorado-based Weller has unveiled a new line of CBD Sparkling Water as it aims to offer the benefits of CBD in a convenient and refreshing format. Read more
Manufacturers are increasingly looking to profit from new opportunities in the hemp-based food and drink space following the passage of the US farm bill. Read more
Growpacker, a contract manufacturer of THC- and CBD-infused edibles and beverages, has launched a new brand incubator programme. Read more
Canadian cannabis producer Tilray has completed a $318.1m deal to acquire Manitoba Harvest, the world’s largest hemp food manufacturer. Read more
Increased cannabis consumption in the US “poses a long-term risk” to the alcoholic beverage industry, according to new research from the IWSR and BDS Analytics. Read more
San Diego-based High Style Brewing Company has launched Coastal Haze, an alcohol-free beer infused with 10mg of THC extract. Read more
New Age Beverages Corporation has signed a deal to develop and distribute a range of cannabis-infused drinks in the US under its Marley brand. Read more
Spirits sales have not been negatively impacted in the three US states that have legalised recreational cannabis the longest, according to a new study. Read more
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