12
Feb
Alliance One International, a global contractor, processor and supplier of tobacco, is jumping into the legal cannabis and CBD Oil businesses.
The company announced last week it was taking controlling stakes in Canada's Island Garden, a licensed cannabis company, and Goldleaf Pharm, which has applied for a Canadian license.
Alliance One also said it was also buying a 40 percent stake in Criticality, a North Carolina company participating in a pilot program to extract CBD Oil from industrial hemp as part of a state pilot program. Alliance One has the option to increase ownership in that company to 50 percent in...