Vancouver, Ontario companies combine to bring cannabis-infused products to Canada

March 21, 2018 Facebook Twitter LinkedIn Google+ News

Vancouver-based Phivida announced on Thursday a partnership with Ontario’s WeedMD that will see the two operations “form a joint venture focused on cannabis-infused consumer products,” per a news release.

The new company will be known as Cannabis Beverages Inc., or CanBev, and plans to develop a production facility at WeedMD’s 610,000 sq. ft greenhouse facility in Strathroy, Ontario.

But lest you think these drinks are designed to get you high, Phivida has made clear that their drinks are infused with cannabidiol, or CBD, an active cannabinoid that does not have the same psychoactive effects. Rather, CBD is known for the feeling of general wellness it provides, as well as claiming to provide health benefits.

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