Former investors in Manitoba-based ag tech firm Farmers Edge have asked the B.C. Supreme Court to certify a class action lawsuit against the company, former leaders and its main shareholder. Farmers Edge, founder and former CEO Wade Barnes, former chief financial officer David Patrick, Fairfax Financial Holdings and several financial underwriters are named in the suit asking for a combined total of $270 million in damages.
Farmers Edge disputes merits of claim made by former investors
Proposed class action suite alleges investors received misleading information prior to the company's 2021 IPO
Former investors seek class action lawsuit against Farmers Edge
Plaintiffs allege they received misleading information prior to the company's 2021 IPO
Former investors in Manitoba-based ag tech firm Farmers Edge have asked the B.C. Supreme Court to certify a class action lawsuit against the company, former leaders and its main shareholder.
Dutch greenhouse seed production aided by technology
World Seed Congress tours greenhouses responsible for developing new tomato, leafy green varieties
The Netherlands is known for its greenhouses and its seed production. A tour on the third day of the World Seed Congress concentrated on both of those leadership positions for the country.
Gene editing race, illegal seed use in crosshairs at World Seed Congress
European Union pushes for alternative seed coatings in a bid to reduce microplastics
Canada is now green on global maps shown at the World Seed Congress in Rotterdam. There’s regulatory certainty for gene-edited crops after regulations were announced in April. That means Canada can play a part the rapid growth of innovation around the world.
World Seed Congress addresses global supply chain challenges
The World Seed Congress is on in Rotterdam, Netherlands with a discussion of the major issues facing the seed and crops sector. The major issues on the agenda include the challenges that the decline in free trade and globalization brings to major suppliers of seeds, the acceptance of gene editing and the technology involved in that process.
Getting acceptance for gene editing
The Council for Agricultural Science and Technology offers recommendations to ensure plant breeding tech continues to benefit agriculture
Reading Time: 2 minutes The rapid pace of change brought by genome editing tools has created many new opportunities for the agri-food industry, but they aren’t without challenges. Regulatory hurdles must be considered, and the tools must benefit society as well as the agriculture industry.
Machinery firm LEMKEN hit by hackers
German machinery manufacturer LEMKEN says its been the victim of a cyber attack.
Glencore seeks Australian carbon capture approval amid farmer protests
Australia's Queensland state will decide this month whether to give Glencore a key approval to bury liquefied carbon dioxide in the country's largest aquifer, a plan farm groups say must be blocked because it risks poisoning water supplies.
Ag tech venture capital stays on sidelines
Entrepreneurs need patience, more plan to achieve profitability to unlock investment
Agriculture venture capital investment was an outlier in 2023, as it increased slightly over 2022, according to the Canadian Venture Capital Association (CVCA). However, that news belied pessimism on the state of ag tech at the recent Agri Tech Venture Forum in Toronto. The forum heard that the availability of capital for agriculture technology entrepreneurs has dried up significantly compared to the heady days of investment growth during the pandemic years.
VIDEO: Ag-tech venture forum kicks off in Toronto
John Greig, Glacier FarmMedia’s senior technology editor, talks about what he expects to learn at the AGRI Tech Venture Forum in Toronto, May 1 and 2, 2024.
Cyber-Savvy Farmer
