File photo of tobacco fields at Vinales in western Cuba. (Nikada/E+/Getty Images)

U.S. ag businesses want Biden to allow more investment in Cuba

Canadian investment 'significant' in Cuban business

Havana | Reuters — U.S. agribusinesses, on a trade tour in Cuba, said on Tuesday they were “losing” in their bid to boost commerce with Cuban farmers and called on the Biden administration to ease restrictions and allow them to invest in private agriculture on the island. U.S. President Joe Biden last May loosened restrictions […] Read more

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BAT looks beyond tobacco to Canadian marijuana

Lucky Strike cigarette maker buys into Moncton's Organigram

Reuters — British American Tobacco (BAT) said Thursday it will buy a nearly 20 per cent stake in New Brunswick-based cannabis producer Organigram for about 126 million pounds (C$221.3 million) as it seeks to expand beyond its main tobacco business. Organigram, headquartered at Moncton, grows cannabis and makes cannabis-derived products in the Canadian market, where […] Read more





Vegetation growth index for the Prairie provinces compared to average as of May 26. (CCAP)

Canadian crop development behind average

MarketsFarm — Crop development is running behind average across much of Canada, with excessive moisture delaying seeding in Ontario and dryness slowing crop development across the Prairies. That’s according to the latest satellite data from the federal Crop Condition Assessment Program (CCAP), created in partnership between Statistics Canada and Agriculture and Agri-Food Canada. Crop development […] Read more




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Labatt to partner with Tilray to tap cannabis drink market

Toronto | Reuters — Anheuser-Busch InBev, the world’s largest brewer, and Canadian pot producer Tilray Inc. are partnering in a US$100 million joint venture to research cannabis-infused non-alcoholic drinks for the Canadian market, the companies said Wednesday. The alliance, the latest in a string of deals by global alcohol and tobacco giants in Canada’s cannabis […] Read more