Reuters — Shares of cannabis firm Tilray Inc. rose as much as seven per cent on Wednesday after announcing a deal to buy hemp food maker Manitoba Harvest for up to $419 million as it seeks to gain a foothold in the lucrative business. The deal comes after the U.S. farm bill, which legalized commercial […] Read more
Tilray to buy hemp food maker Manitoba Harvest
Protein supercluster to launch this spring
Protein Industries Canada will soon be actively seeking proposals
Reading Time: 4 minutes A government-backed bid to turn Western Canada into a plant protein superpower is nearing the end of its startup phase and will launch this spring. “We’re hoping to be open for business and ready to launch a call for proposals in April,” said Bill Greuel, CEO of Protein Industries Canada. The federal government is contributing […] Read more
Hemp growers making a big difference half a world away
Reading Time: 3 minutes James Thiessen has been growing hemp for eight years, but this past year he did something different — gave part of his harvest away. The organic hemp grower from La Crete was approached by Hemp Production Services to join the Two Acre Challenge and was happy to participate. “I like it because Hemp Production Services […] Read more
U.S. firm launches second hostile bid for pot producer Aphria
Reuters — U.S. cannabis retailer Green Growth Brands said on Tuesday it would make a second all-stock takeover bid for Aphria, valuing the Canadian pot producer at about $2.35 billion. Several companies are looking to partner with or buy pot firms to explore opportunities in the Canadian cannabis sector after the country legalized recreational use […] Read more
Ontario marijuana producer Aphria’s CEO to step down
Reuters — Canadian pot producer Aphria’s co-founder and CEO Vic Neufeld is stepping down, at a time the company is facing questions about its deals in Latin America and a recent slump in its shares. The Leamington, Ont. company also said its marijuana sales nearly doubled in the second quarter driving overall revenue to $21.7 […] Read more
Ag seen gaining on slightly weaker loonie in 2019
CNS Canada — Farm Credit Canada (FCC) predicts the Canadian dollar will spend the year around the 75-U.S. cent mark — slightly softer than last year’s average of 76. “We’re going to see volatility throughout the year obviously but when we look at that season, or the full year average, we’re looking for it to […] Read more
No ordinary herbicide — glyphosate keeps making headlines
The world’s most widely used herbicide will continue to be one of agriculture’s biggest newsmakers
Reading Time: 4 minutes Two things happened to glyphosate over the past 15 years — it got a lot more popular and a lot more unpopular at the same time. There’s no question that most farmers love it. Although the most recent estimates are a few years old, farm use of glyphosate soared in this century. A major European […] Read more
Assure herbicide’s active ingredient under new ownership
Now being put to work in Enlist corn, the active ingredient in Assure II herbicide has a new owner. California-based American Vanguard Corp., the owner of ag chemical producer Amvac Chemical, announced Thursday it has bought the quizalofop-p-ethyl (QPE) product line of herbicides from DowDuPont’s ag division, Corteva Agriscience, for an undisclosed sum. A Group […] Read more
Aphria says proposed hostile bid undervalues company
Reuters — Canadian cannabis producer Aphria said on Friday Green Growth Brands’ proposed $2.8 billion all-stock hostile bid “significantly” undervalued the company. Ohio-based cannabis retailer Green Growth, which merged with Xanthic Biopharma in November, said on Thursday it would offer 1.5714 shares for each Aphria share. The company said its valuation was based on a […] Read more
U.S. hostile play launched for Ontario pot producer Aphria
Reuters — U.S. cannabis company Green Growth Brands said on Thursday it would make a takeover bid for Aphria Inc., valuing the Canadian pot producer at $2.8 billion. The all-stock offer comes at a time when several companies are looking to partner with or buy pot firms to explore opportunities in the Canadian cannabis sector […] Read more
Cyber-Savvy Farmer
