GFM Network News


Canopy Growth to close Saskatchewan pot plant

Ontario company stepping out of other international plays

A major indoor cannabis grow site at Yorkton, Sask. is the latest casualty as pot producer/retailer Canopy Growth adjusts its worldwide footprint. Smiths Falls, Ont.-based Canopy Growth, whose cannabis brands include Tweed, Tokyo Smoke, Van der Pop and Spectrum Therapeutics, announced Thursday it will shut down its Tweed Grasslands production facility at Yorkton to “further

Canopy Growth may face challenges offloading assets, CEO says

Reuters — Canada’s biggest cannabis producer, Canopy Growth Corp., could face challenges offloading assets as it seeks to winnow its facilities down to focus on its most lucrative markets and products, its CEO told Reuters. The company, which reported a smaller-than-expected third-quarter loss on Friday, is conducting a “thorough strategic review” of its production facilities



Hemp yield uncertain ahead of harvest

MarketsFarm — While Canada’s licensed hemp acreage nearly doubled from 2018 to 2019, yield estimates will remain uncertain until licensed producers report their crops to Health Canada after harvest. “Health Canada, for the first time, will be collecting information on hemp acres that were seeded, rather than hemp acres that were licensed,” said Ted Haney,



Hemp agronomy 101 comes to the classroom

NorQuest College of Edmonton hopes to provide new growers with information on the crop

As hemp production jumps across the Prairies, more first-time producers are being drawn to the crop, prompting an Alberta college to offer a course in how to grow it. NorQuest College offers two courses, one on hemp production and another on processing and products. The Edmonton community college aims to equip continuing education students with


Supercluster backs oilseed protein joint venture

A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding from Canada’s plant protein supercluster. Protein Industries Canada (PIC), set up last year as one of five federally-backed research and innovation superclusters, announced Wednesday it

Hemp acres expected to double due to crop versatility

MarketsFarm — Canada’s hemp acres are set to double in 2019, according to the most recent principal field crop acreage report from Statistics Canada. The hemp industry is experiencing somewhat of a boom as hemp products of all stripes enter mainstream consumer markets. “Health Canada is running at least double the number of hemp license

Aurora Cannabis to buy up all of processor Hempco

Edmonton cannabis company Aurora Cannabis is set to buy up the balance it doesn’t already own in hemp processing firm Hempco Food and Fiber. Aurora announced Tuesday it will pay $1.04 a share for the remaining shares of Vancouver-based Hempco, which makes and sells Planet Hemp hemp-based foods and Praise hemp-based supplements for dogs and


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

Making more of Canada's hemp crop will mean building a market for fibre.

Untangling the future of hemp fibre

Hemp fibre has been overshadowed by grain, but is it time to give it another look? And what obstacles still stand in the way?

Back in 1998, when industrial hemp production was legalized, most expected the crop would be grown for its fibre. After all, it was the original market for the crop, with the strong sturdy fibres having been used for centuries to produce rope, canvas and paper. Why it matters: Manitoba’s hemp industry has been largely grain