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(Aphria.ca)
Crops

Altria reported seeking stake in cannabis firm Aphria

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Reuters — Marlboro maker Altria Group is in talks for a stake in Canadian cannabis producer Aphria Inc., the Globe and Mail reported on Wednesday, citing multiple sources. The details of Richmond, Virginia-based Altria’s investment are still being finalized, though it has expressed interest in buying a minority stake in Aphria with the intention of
(UrosPoteko/iStock/Getty Images)
Crops

Regulator finds cannabis company disclosures inadequate

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Toronto | Reuters — A Canadian regulatory group said on Wednesday that it had found that the level and quality of disclosure by cannabis companies was insufficient. The Canadian Securities Administrators (CSA), which conducted a review of disclosure practices of 70 Canadian and U.S. cannabis producers, said some companies were inconsistent in complying with Canadian
Zenabis’ CEO Rick Brar and chief growing officer Leo Benne in a Bevo facility at Langley, B.C. (CNW Group/Bevo Agro)
Crops

Vegetable seedling grower, cannabis grower to merge

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A B.C. company that raises seedlings for greenhouse vegetable growers is set to devote its existing square footage to weed, following a takeover by a B.C. cannabis grower and processor. Langley-based, publicly-traded Bevo Agro on Thursday announced a reverse takeover deal with Surrey-based, privately-held cannabis firm Sun Pharm Investments, which will see Sun Pharm shareholders
The legalization of cannabis is expected to create thousands of new jobs — from production workers to office staff. Shown here is an Ontario marijuana facility. (Photo: Reuters/Blair Gable)
Crops, Markets

Aurora Cannabis plans U.S. stock listing in October

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Reuters — Canada’s Aurora Cannabis said Thursday it plans a U.S. listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis in the country next month. Several U.S. states have also legalized marijuana
(CanopyGrowth.com)
Crops, Markets

Big Weed hits up Europe hoping for expansion cash

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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
A worker pushes a cart of marijuana plants at the Canopy Growth facility at Smiths Falls, Ont. on Jan. 4. (File photo: Reuters/Chris Wattie)
Crops

Corona owner pours more funds into weed producer

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Reuters — Corona beer maker Constellation Brands will invest a further $5 billion in Canada’s top cannabis producer Canopy Growth, doubling down on one of a growing number of bets by the alcohol industry in legal pot. Constellation was among the first major alcohol producers to invest in marijuana production when it pumped about $245
A hemp plant in Alberta. (Jennifer Blair photo)
Crops, Markets

Hemp growers eye new markets for 2018

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CNS Canada — Hemp producers across Western Canada will potentially gain access to lucrative new markets thanks to changes for this year’s harvest. For the first time, hemp growers are allowed to harvest their plants’ buds, leaves and flowers, after receiving an exemption from Health Canada. The market opportunities will be significant, said Ted Haney,
The legalization of cannabis is expected to create thousands of new jobs — from production workers to office staff. Shown here is an Ontario marijuana facility. (Photo: Reuters/Blair Gable)
Crops

Ontario delays start date of retail cannabis sales

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Toronto | Reuters — Ontario’s newly elected Tory government said Monday it will delay the start date of recreational marijuana sales in the province and will allow private retailers to sell cannabis rather than government-run stores. Ontario will allow private retailers to sell recreational marijuana starting on April 1, officials from the province’s Progressive Conservative
Hemp growers say outdoor cultivation of cannabis too close to their fields could see them inadvertently running afoul of some regulations.
Crops, News, Other

Navigating the hemp nutraceutical market

Hemp growers will soon clear the legal hurdles keeping them from the nutraceutical market, but they may face an uphill climb from the field

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A regulatory roadblock is about to disappear for hemp growers, but plenty of obstacles remain to capturing the nutraceutical market. Until now they’ve been required to destroy parts of the plant that might have otherwise been harvested, but new regulations from Health Canada will be arriving along with cannabis legalization this fall. They will then

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