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Aurora Cannabis in November 2019 opened a flagship retail store at the West Edmonton Mall, describing the 11,000-square foot shop as “both a retail cannabis store and an immersive experiential space.” (CNW Group/Aurora Cannabis Inc.)
Crops, Reuters

Aurora Cannabis revenue short of expectations on lower pot demand

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Reuters — Aurora Cannabis on Monday missed Wall Street expectations for fourth-quarter revenue as pandemic-related restrictions weighed down consumer demand, leading Canadian provinces to cut orders. U.S.-listed shares of the company, which also posted a bigger-than-expected quarterly loss, were down two per cent in extended trading. After more than three years into Canada’s legalization of […] Read more
Aurora Cannabis in November 2019 opened a flagship retail store at the West Edmonton Mall, describing the 11,000-square foot shop as “both a retail cannabis store and an immersive experiential space.” (CNW Group/Aurora Cannabis Inc.)
Crops, Reuters

Aurora Cannabis to shut one Edmonton plant

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Reuters — Aurora Cannabis said Tuesday it will shut down a facility at Edmonton, adding to the woes of the cash-strapped Canadian pot producer which has been reeling under the impact of the pandemic since last year. The company said medical distribution from the Aurora Polaris facility that is being shut down will move to […] Read more
(Jushico.com)
Crops, Markets, Reuters

Pot producer Jushi acquires U.S. retailer in cheaper deal

Lack of movement on legalization drops valuations

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Reuters — Cannabis producer Jushi Holdings acquired Massachusetts-based retailer Nature’s Remedy at a cheaper price than initially offered, as valuation of weed companies across North America has dramatically dropped lately. The decline in valuations over the last few months has been largely due to a lack of progress on anticipated federal marijuana reforms in the […] Read more
martin ekstrand hemp
News

Is the long-predicted boom for the hemp sector nearly here?

By

Hemp is versatile and has lots of boosters, but it’s never been more than a niche crop on the Prairies

Reading Time: 4 minutes The hemp industry on the Prairies is slowly making strides and many believe — once again — that the sector is poised to boom. “We believe there’s a strong case for hemp in the world,” said Andrew Potter, CEO of Blue Sky Hemp Ventures, a company incorporated in Calgary but based in Saskatoon. Potter, whose […] Read more
(Juanmonino/iStock/Getty Images)
Crops, Reuters

Pot producer TerrAscend to buy U.S. rival Gage Growth

Company to pay US$545 million

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Reuters — Cannabis producer and processor TerrAscend will buy Michigan-based rival Gage Growth Corp., backed by prominent cannabis investor Jason Wild, for around US$545 million, the pot producer said on Wednesday. Dealmaking in the U.S. cannabis industry has heated up this year as companies bank on Democrats’ promises to reform marijuana laws and potentially legalize […] Read more
Sergio Rocha, executive director of a cannabis cultivation research project, works in a greenhouse at Brazil’s Federal University of Vicosa on Aug. 18, 2021. (Photo: Reuters/Washington Alves)
Crops, Reuters

Cannabis firms catch whiff of opportunity in Brazil

Canadian producers among those now supplying Brazilian market

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Sao Paulo | Reuters — International cannabis companies are showing interest in Brazil, both its large consumer market for medicinal products and a proposal that could legalize planting of the crop. Major producers such as Colombia’s Clever Leaves and Canada’s Canopy Growth are developing and selling medicinal cannabis products to a Brazilian consumer segment estimated […] Read more
True innovation often starts with being curious.
From the Hip, Opinion

Schoepp: The power of innovation is fuelling farms everywhere

Whether big like canola, niche like pig’s milk or unexpected like stinging nettles, there’s much to celebrate

By
Reading Time: 3 minutes I’ve seen and eaten some really amazing foods over the years. Cheese made from sow’s milk, rattlesnake, guinea pig, camel baked in cinnamon, insects and curious fish products. All made for memorable experiences — some that were more pleasant than others. I still cannot stomach camel or Vegemite, nor am I rushing out for grilled […] Read more
(Creative-Family/iStock/Getty Images)
Crops, Reuters

U.S. Senate Democrats roll out draft bill to legalize weed

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Reuters — Three top U.S. Democratic senators on Wednesday unveiled a discussion draft of a bill that aims to legalize cannabis, a move that would allow adult Americans to buy and possess up to 10 ounces of marijuana without facing criminal penalties. The Cannabis Administration and Opportunity Act floated by Senate majority leader Chuck Schumer, […] Read more
In-person events last year (such as WheatStalk, top left) were rare, and limited in attendee numbers. But this summer, things will be much more like the old days including at AgSmart (bottom) and on Farming Smarter field tours (top right).
News

Having a field day: Everyone’s excited about return of in-person learning

Remember when you’d leave home to attend events and get together with experts, friends and peers?

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Reading Time: 5 minutes After a year of too many Zoom meetings to count, ag organizations across the province are gearing up for a summer of in-field learning. “I’m so excited — there’s only so many online meetings that you can stay engaged with,” said Jamie Puchinger, assistant manager of Farming Smarter. “I cannot wait to get back out […] Read more

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