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BRIEF-Norway wealth fund puts Kirin Holdings on watch list


By Reuters Staff
March 3 (Reuters) - Norway’s sovereign fund said:
NORWAY WEALTH FUND TO PUT KIRIN HOLDINGS LTD CO ON WATCH LIST FOR POSSIBLE DIVESTMENT DUE TO UNACCEPTABLE RISK THAT THE COMPANY CONTRIBUTES TO SERIOUS VIOLATIONS OF INDIVIDUALS’ RIGHTS IN SITUATIONS OF WAR OR CONFLICT -CENTRAL BANK
NORWAY WEALTH FUND ALLOWED TO INVEST AGAIN IN ATAL SA/POLAND -CENTRAL BANK
NORWAY WEALTH FUND TO CONDUCT ACTIVE OWNERSHIP DIALOGUE WITH THYSSENKRUPP AG OVER RISK THAT THE COMPANY CONTRIBUTES TO OR IS RESPONSIBLE FOR GROSS CORRUPTION -CENTRAL BANK Source text: bit.ly/2OhQivU (Reporting By Terje Solsvik) ....

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World's biggest wealth fund puts Japan's Kirin Holdings on watch list over Myanmar link


4 Min Read
OSLO (Reuters) - The Norwegian central bank said on Wednesday it had put Japan’s Kirin Holdings on a watch list for possible exclusion from its $1.3 trillion sovereign wealth fund over the beverage giant’s business ties to Myanmar’s military.
FILE PHOTO: An employee works at a beer production line at Japanese brewer Kirin Holdings factory in Toride, Ibaraki Prefecture, Japan July 14, 2017. REUTERS/Kim Kyung-Noon
Kirin on Feb. 5 said it would end its partnership with Myanma Economic Holdings Public Company Limited (MEHPCL), a company run by Myanmar’s army, after a military coup deposed the democratically elected government. ....

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Canopy Growth launches pot-infused beverage line in United States


By Reuters Staff
2 Min Read
FILE PHOTO: A sign featuring Canopy Growth Corporation s logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 .Picture taken January 4, 2018. REUTERS/Chris Wattie/File Photo
(Reuters) - Canopy Growth Corp on Tuesday launched its CBD-infused Quatreau sparkling water line in the United States, as it seeks to secure a firm footing in the country’s rapidly growing cannabis market ahead of expected reforms under President Joe Biden.
The company’s U.S.-listed shares, up 41% through Monday’s close, rose 1.5% in premarket trading on the Nasdaq.
After years of oversupply woes in Canada, cannabis producers are banking on the much larger U.S. market opening up soon as leading Democrats lend support to laws allowing easier banking access, decriminalization of marijuana and other favorable changes. ....

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