CANOPY LAUNCHES CBD-INFUSED BEVERAGE LINE

Canopy Growth Corp. on Thursday launched a cannabidiol-infused beverage line in Canada, betting on sustained demand for cannabis drinks that gained popularity during coronavirus-led lockdowns. The “Quatreau” line of sparkling waters will come in two variants — one with only cannabidiol (CBD) and the other with a limited amount of tetrahydrocannabinol (THC), the cannabinoid which causes a high, the company said. A non-psychoactive compound derived mainly from the hemp plant, CBD is being researched for various medical applications and has found increased use as a relaxative. Smiths Falls, Ont.-based Canopy Growth launched THC-based drinks in Canada in March and had sold 2 million cans since, executives told Reuters in October.