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Canada’s cannabis industry is projected to reach $22.6 billion in size over the coming years.

Nearly 1,700 suppliers from more than 50 countries will present their new products for the production and packaging of all types of food and beverage.

The company expects to incur expenses relating to the Wahpeton facility closure of approximately $2.0 million to $2.5 million related to asset impairment charges and severance costs.

This brings the total invested to date to approximately $30 million, including early funding from U2's Bono and The Edge, Salesforce CEO Marc Benioff, Singapore-based VisVires New Protein and angel investor Ali Partovi.

Natural Flavors is recognized as a pioneer in organic flavoring, including having developed and commercialized the first organic certified flavors in North America during the late 1990s.

Founded in 1981 and headquartered in Valencia, FPI is a provider of flavors and extracts to the food & beverage industries, with a focus on organic and natural products.

Atlantic Natural Foods, LLC (ANF) officially commissioned its principal plant in Nashville, NC, following consolidation of four separate operations. Nashville Mayor Donald Street was on hand for the ribbon-cutting ceremony attended by representatives of Governor Cooper, Congressman Walter Jones Jr., US Senators Thom Tillis and Richard Burr, members of the chamber of commerce, dignitaries from across North Carolina and the members of The Adventist Distributor AFDA who had travelled from across the country to attend.

Ferrero will operate Ferrara as a separate unit and will maintain Ferrara’s headquarters as well as its existing manufacturing, distribution and engineering/R&D facilities.

The purchase price represents a premium of approximately 27% to Snyder’s-Lance’s closing stock price on Dec. 13, 2017, the last trading day prior to media reports regarding a potential transaction. The acquisition, which has been approved by the Boards of Directors of both companies, will enable Campbell to expand its portfolio of leading snacking brands.

Utz intends to cause Purchaser to be merged with and into Inventure Foods as promptly as practicable, with Inventure Foods continuing as the surviving corporation.