Reuters — Canadian cannabis company Aphria said Thursday it was exploring “strategic alternatives,” including a sale, for its U.S. business, amid tightening enforcement of federal cannabis laws in the country. Earlier this year, the U.S. Department of Justice revoked an Obama administration policy that discouraged federal prosecutors from pursuing marijuana-related crimes in states that had […] Read more
Cannabis firm Aphria mulls sale of U.S. unit
Rising diesel could surge with U.S. infrastructure plan
CNS Canada — Diesel costs in Western Canada are roughly eight to 10 cents higher on average than anytime in 2017, and an industry expert warns that gap could grow even more with a potential surge of U.S. construction. “I think we’re already seeing more evidence of a robust, consumption-driven U.S. as more disposable income […] Read more
Zimbabwe to give white farmers 99-year leases
Harare | Reuters — Zimbabwe will issue 99-year leases to white farmers, according to a government circular, after new President Emmerson Mnangagwa said he would end discrimination along racial lines in agriculture. Fewer than 400 white farmers are still operating in the southern African nation, after former president Robert Mugabe’s government evicted more than 4,000 […] Read more
Deal reached on ammonia nurse tanks
Reading Time: < 1 minute An agreement has been reached that will allow ammonia nurse tanks to continue to be used this spring if they meet certain conditions. New Transport Canada regulations were to take effect Jan. 12 requiring implementation of Canadian Standards Association B620/622-14 standards. They increase the frequency for hydrostatic testing and for visual inspections, and set new […] Read more
FCC sees benefits in new Trans-Pacific trade pact
CNS Canada — The future of trade for the Canadian agriculture industry is looking bright from the perspective of Canada’s federal ag lending agency, with progress on the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). According to Farm Credit Canada (FCC), anytime Canada can get less-restricted access to markets it is good for agriculture. “We can […] Read more
Ontario medical marijuana producers plan major merger
A southwestern Ontario greenhouse firm billed as one of Canada’s lowest-cost medical marijuana producers plans to expand its reach by buying a rival firm sourcing cannabis worldwide for processing. Aphria Inc., based at Leamington, Ont., announced Monday it has locked in a cash-and-stock deal to buy Toronto-based Nuuvera Inc. for $826 million. The deal, expcted […] Read more
ONE YEAR LATER: Carbon tax eating into bottom line
There’s no overall figure on what the carbon levy cost farmers, but producers say they are feeling the impact
Reading Time: 4 minutes It’s hard to put exact numbers on it — but Alberta’s carbon tax is taking its toll, say farmers. And that toll increased at the start of the year, when the carbon tax increased to $30 a tonne — a 50 per cent jump from the initial $20-a-tonne tax implemented a year ago. Read more: […] Read more
Canadians spent $5.7 billion on cannabis in 2017
Ottawa | Reuters — Canadians spent an estimated $5.7 billion on cannabis in 2017, Statistics Canada said on Thursday, with the country on track to legalize recreational use of the drug nationwide later this year. About 4.9 million Canadians between the ages of 15 to 64 purchased both medical and non-medical cannabis last year, the […] Read more
France says will not ban glyphosate when no alternative
Saint-Genes-Champanelle, France | Reuters — France will not force farmers to stop using glyphosate after a ban planned within three years, in cases where an alternative has not been found, President Emmanuel Macron said on Thursday. He added that this would likely concern 10 per cent of farms while solutions could be found for the […] Read more
Aurora, CanniMed to form Canadian weed giant
Two major players in the Canadian medical marijuana market are set to create one of the world’s biggest pot production firms in a friendly $1.1 billion cash-and-stock deal. Edmonton-based Aurora Cannabis announced an agreement Wednesday in which it will ante up on its previous hostile bid for CanniMed Therapeutics and buy all the shares of […] Read more
Cyber-Savvy Farmer
