McDonald’s said Thursday that it will banish cheeseburgers and chocolate milk from its published U.S. Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar. But they will still be available if you ask. Since it removed soda from the Happy Meal menu four years ago, orders for it with Happy Meals have fallen 14 per cent, the company said.
CORONA BEER LOOKS AT INFUSED MARIJUANA
Licensed marijuana producer Canopy Growth Corp. is collaborating with the maker of Corona Beer on cannabis-infused beverages even though government regulations on pot edibles won’t be clear until July 2019 at the soonest. Canopy CEO Bruce Linton is betting on the fact that sales and distribution of the drug in many provinces is being handled by liquor authorities, which he hopes will be open to adding cannabis in liquid form to retail shelves. Canopy’s deal with the maker of Corona beer is a milestone for cannabis industry
LOBLAW REIT BUYS CANADIAN REIT
Choice Properties Real Estate Investment Trust, the real estate arm of Loblaw Cos., agreed to buy Canadian Real Estate Investment Trust for about C$3.93 billion ($3.1 billion) to add more industrial and office space to its retail portfolio. Canadian REIT holders will get C$53.61 per unit in cash and stock, a 23 percent premium to Wednesday’s closing share price, according to a statement Thursday. The cash portion of the offer will be capped at C$1.65 billion.
