Toronto | Reuters — Ontario has blamed a shortage of legal cannabis from the federal government for its slow rollout of retail outlets, a claim dismissed by the federal government and regulatory bodies from other provinces, raising prospects the black market for weed may thrive longer in Canada’s most populous province. Canada became the first […] Read more
Ontario’s slow rollout of weed outlets could help black market
Alberta input retail chain expands westward reach
A pair of independent crop input retail outlets in west-central Alberta will be networking with seven others by month-end. Crop Management Network (CMN), a joint venture between an employee-owned network of retail outlets and La Coop federee’s Agrico Canada arm, announced Wednesday it has reached a deal to buy Performance Ag Group. Performance Ag, which […] Read more
Richardson buys Peace-region input retailer
Grain handler Richardson Pioneer has moved to shore up its presence in northern Alberta’s crop input market with a deal for a Peace-region dealership. Winnipeg-based Richardson announced Wednesday it has bought Agland Seed and Chemical at La Crete, Alta., about 320 km north of Peace River. The deal, which closed Tuesday, will see all of […] Read more
Gardiner Dam Terminal set to go full Viterra
The farmers who own half of central Saskatchewan’s Gardiner Dam Terminal have reached a deal to sell their half to their business partner and wind up the company. Glencore Agriculture’s Viterra arm announced Friday it will buy the half of GDT it doesn’t already own and take over operation of the GDT inland grain terminal […] Read more
Big Weed hits up Europe hoping for expansion cash
Toronto/London | Reuters — A favorite of DIY stock pickers, Canadian cannabis firms are trying to bolster their institutional investor base by ramping up efforts to woo European funds as countries across the region approve marijuana for medical use. For some time companies including Canopy Growth, Aurora Cannabis and Tilray Inc. have been signing export […] Read more
Richardson to retail in west-central Saskatchewan
Prairie grain firm Richardson International plans to build out its retail market share in west-central Saskatchewan with a new inputs centre southwest of Saskatoon. Privately-held Richardson said July 30 it would begin construction shortly on the new facility in Delisle, about 35 km southwest of the city, to open for the 2019 growing season. The […] Read more
Richardson moves further into eastern Alberta retail
Grain firm Richardson Pioneer’s crop input retail business is expanding into an area of eastern Alberta its network hasn’t yet reached. The company, an arm of Winnipeg-based agrifood firm Richardson International, closed a deal April 4 to buy Eagle Agro Services, an inputs dealer at Veteran, Alta., about 200 km east of Red Deer. The […] Read more
Recreational marijuana sales in Canada face fresh delays
Ottawa | Reuters — The sale of legalized recreational marijuana in Canada, which has already been pushed back once beyond the planned July start date, is set to be delayed even further, government officials said Thursday. The ruling Liberals are sparring with the upper Senate chamber, where a draft law is currently under review. Critics […] Read more
Market shifts, weather push back Food Freedom Day
Food Freedom Day, the Canadian Federation of Agriculture’s bellwether of affordability for food in Canada, is a day later in 2018. The CFA on Wednesday announced that by its calculations, a Canadian household of average income has earned enough to pay an entire year’s grocery bill on Friday, Feb. 9. Canadians spent 11 per cent […] Read more
Australia takes Canada to WTO over wine rules
Geneva | Reuters — Australia has complained at the World Trade Organization about Canada’s rules on wine sales, expanding a similar U.S. complaint against one province. In October, Washington accused British Columbia of providing an unfair advantage to local vineyards by giving their wine an exclusive retail channel in grocery store shelves and cutting out […] Read more
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