GFM Network News





Tilray to buy hemp food maker Manitoba Harvest

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

Red tape seen costing hemp growers market share

CNS Canada — Canadian hemp producers are missing out on a potential billion-dollar market opportunity due to government regulations, an industry group warns. Canadian hemp farmers are only permitted to use certain parts, the stalk and seeds, of the plants they grow. As a result, the growers are missing out in the market, said Kim […] Read more


Market demand for Canadian hemp exceeding supply

CNS Canada — As hemp users develop more uses for the plant and its seed, so too grow the demands on the crop. It’s a demand becoming tougher to fill, according to an industry expert, as the general public becomes increasingly interested in the plant. “You talk about canola being the miracle crop? Well, hemp […] Read more