Tobacco giant British American Tobacco (BAT) has again bet on the cannabis industry as it looks to diversify its portfolio as part of its plan to transition to a smoke-free future.

After increasing its stake in Canada’s CBD firm Organigram in April, the company has now entered the European cannabis market, leading a $37.6m investment round into Germany’s medical cannabis business Sanity.

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      Tobacco giant British American Tobacco (BAT) has again bet on the cannabis industry as it looks to diversify its portfolio as part of its plan to transition to a smoke-free future.

      After increasing its stake in Canada’s CBD firm Organigram in April, the company has now entered the European cannabis market, leading a $37.6m investment round into Germany’s medical cannabis business Sanity.

      ...

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      Need help?

      Contact a sales representative right now and don’t wait

      Erik Galavis
      +34 654 320 547
      Email Erik