Cannabis Biotech Startup, Demetrix Raises $50 Million Series A

Demetrix is engaged as an Emeryville, CA-based biotechnology startup that is focused on the production of cannabinoids. Utilizing microorganisms like baker’s yeast and fermentation, along with advanced biotechnology procedures, Demetrix is able to produce complex ingredients at a very high purity without the excessive costs. The goal is to develop high-quality cannabinoids for the use in pharmaceuticals, supplements, consumer products,…

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Canopy Growth (TSX:WEED) Is Joining the S&P/TSX 60 Index: Time to Buy?

It’s shaping up to be another big year for Canopy Growth (TSX:WEED)(NYSE:CGC). After getting off to a great start in early 2019, the company continued its expansion, acquiring Spanish producer Cafina and pursuing a licence to sell pot in New York State. As a result of its rapid growth, Canopy is set to become the first weed stock on the S&P/TSX…

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