August 1 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
** The Canadian federal government will drastically reduce the scope of its planned carbon tax to address competitiveness concerns as it prepares to replace Ontario's cap-and-trade system with its own levy. https://tgam.ca/2M7oPqI
** The Toronto-based beer-maker, Molson Coors Canada Inc TPXb.TO, has agreed to partner with Gatineau, Quebec-based marijuana grower Hydropothecary Corp HEXO.TO to launch a new joint venture that will develop cannabis-infused beverages that are non-alcoholic, the two companies said on Wednesday. https://tgam.ca/2v8e5ln
** South Korean consumer electronics company LG Electronics Inc 066570.KS is to partner with the University of Toronto to build its artificial intelligence lab in the campus. https://tgam.ca/2LUjsOw
NATIONAL POST
** Scythian Biosciences Corp SCYB.V, an internationally focused Canadian cannabis company, is pushing into the Florida medical marijuana market after signing a binding letter of intent to acquire 70 percent of CannCure Investments Inc for C$93.3 million ($71.7 million) in equity and C$43.2 million in cash.