Pivot Pharma moves to acquire cannabis infusion technology

CFN Media Group ("CannabisFN"), the leading creative agency and media network dedicated to legal cannabis, announces publication of an article covering Pivot Pharmaceuticals Inc. (CSE: PVOT) (CNSX: PVOT) (PVOT.CN) (OTCQB: PVOTF) and why it’s well positioned to capitalize on the growing demand for cannabis-infused products, which has become an area of increasing interest for food and beverage companies.

Cannabis Infused Products

Canada’s cannabis industry is projected to reach $22.6 billion in size over the coming years, according to Deloitte, driven by the legalization of recreational marijuana. While dried marijuana has been the primary area of focus, cannabis oils and extracts are the fastest growing subset of the burgeoning industry. The legalization of these products has expanded the market to non-smoking consumers and further legislation surrounding edibles could do much more.

The interest in cannabis-infused edibles is underscored by Constellation Brands Inc.’s recent acquisition of a minority stake in Canopy Growth Corp., a...

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