Hemp Archives - Canadian Cattlemen

Hemp sector disappointed new report ignores deregulation

By Robert Arnason, GFM Network News March 25, 2024

Leaders in Canada’s hemp industry were hoping an expert committee would recommend significant changes to hemp regulations so it could be treated the same as wheat, canola and other crops. That didn’t happen. Instead, the committee of experts reviewing the Cannabis Act barely mentioned hemp in its 91 page report published March 21.

Crops, Markets, Reuters

Canopy Growth sheds California facility amid liquidity worries

Cannabis producer aims to rein in costs

By Reuters, GFM Network News June 29, 2023

Reuters — Canadian pot producer Canopy Growth said on Thursday it has completed the sale of its facility at Modesto, California as part of its divestitures to raise funding amid liquidity concerns. The sale, the fifth such deal since April 1, is part of Canopy’s ongoing efforts to improve liquidity by reining in costs through […] Read more

General, Markets

Food sales grew but margins tightened in 2022, FCC says

Modest further growth expected this year

By GFM Staff, GFM Network News March 28, 2023

Food and beverages sales increased in Canada last year, even as margins hit an historic low and consumers chose Canadian less. According to the latest FCC Food and Beverage Report, released Tuesday, sales increased 11 per cent to $156 billion in 2022. These gains came largely from higher export values and strength in the grain […] Read more

Manitoba’s Liquor, Gaming and Cannabis Authority (LGCA) ran billboards such as this one in Winnipeg in 2019 to educate the public ahead of edibles’ entry to the recreational market. (Dave Bedard photo)

Crops, Reuters

U.S. FDA reported weighing CBD regulation in food, supplements

By Reuters, GFM Network News December 27, 2022

Reuters — The U.S. Food and Drug Administration (FDA) is planning to make recommendations on how to regulate the use of popular cannabis compound CBD in food and supplements, the Wall Street Journal reported on Tuesday, citing agency officials. After weighing the evidence on the compound’s safety, the FDA will decide within months how to […] Read more

Crops, Reuters

Biden overhauling U.S. marijuana policy

Prior federal offenses to be pardoned; moves could ease U.S. business for cannabis firms

By Doina Chiacu, Jeff Mason, GFM Network News October 6, 2022

Washington | Reuters — U.S. President Joe Biden took steps to overhaul U.S. policy on marijuana on Thursday by pardoning thousands of people with federal offenses for simple marijuana possession — and initiating a review of how the drug is classified. Biden said thousands of people with prior federal convictions could be denied employment, housing […] Read more

Signage outside a Tweed cannabis store in Winnipeg’s Osborne Village, roughly 60 metres west of the high-density neighbourhood’s Tokyo Smoke store. (Dave Bedard photo)

Crops

Pot producer Canopy Growth to shed retail stores

Company working on 'path to profitability'

By Dave Bedard, GFM Network News October 3, 2022

In full cost-cutting mode, Canadian cannabis producer Canopy Growth Corp. is set to shed a significant chunk of its vertical integration model by selling off the retail pot shops it owns across the country. Smiths Falls, Ont.-based Canopy announced Sept. 27 it has an agreement in place with OEG Retail Cannabis — already the owner/operators […] Read more

Cannabis plants at a licensed indoor production facility in Winnipeg. (Dave Bedard photo)

Crops, Reuters

Canada to review impact of cannabis legalization four years on

Review will also look at regulatory challenges in pot sector

By Ismail Shakil, GFM Network News September 22, 2022

Ottawa | Reuters — Canada on Thursday launched a review of the country’s legalization of recreational cannabis use four years ago to evaluate its impact on youth, Indigenous minorities and others, and analyze its effect on the economy and the illegal marijuana market. Canada became the first developed nation to legalize use of recreational marijuana […] Read more

A hemp plant in Alberta. (Jennifer Blair photo)

Crops

Regulations, versatility pull hemp in different directions in West

Crop 'still struggling with reaching its full potential'

By Adam Peleshaty, GFM Network News May 17, 2022

MarketsFarm — Accounting for 60 per cent of Canada’s 1,100 cultivation licenses as of 2020, according to Health Canada, Western Canada is the country’s most important region when it comes to hemp production. But while there are more products on store shelves, more cultivars than ever before and high prices for the crop, demand for […] Read more

Signage on a Tweed retail outlet in Winnipeg. (Dave Bedard photo)

Crops, Reuters

Pot producer Canopy Growth to cut 250 jobs in profitability bid

By Reuters, GFM Network News April 26, 2022

Reuters — Canopy Growth Corp. said it would lay off about 250 employees as part of a cost-cutting plan as the Canadian pot producer tries to achieve long-elusive profitability. Most Canadian marijuana companies have struggled to turn a profit despite more than three years of cannabis legalization due to fewer-than-expected retail stores, cheaper rates on […] Read more

File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)

Crops

Ontario to extend labour-related crop loss coverage

Losses due to COVID-19-related labour disruptions covered

By Dave Bedard, GFM Network News January 12, 2022

A temporary crop insurance expansion that covers Ontario farms against crop losses due to “on-farm labour disruptions” caused by COVID-19 will be held over for yet another year. Agricorp, the province’s farm program delivery agency, announced in late December the feature first introduced in 2020 will be included again in 2022, at the same coverage […] Read more

Canada’s annual inflation rate in June up slightly to 1.9 per cent

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

Daily Network News

Canada’s annual inflation rate in June up slightly to 1.9 per cent

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

Hemp sector disappointed new report ignores deregulation

Canopy Growth sheds California facility amid liquidity worries

Food sales grew but margins tightened in 2022, FCC says

U.S. FDA reported weighing CBD regulation in food, supplements

Biden overhauling U.S. marijuana policy

Pot producer Canopy Growth to shed retail stores

Canada to review impact of cannabis legalization four years on

Regulations, versatility pull hemp in different directions in West

Pot producer Canopy Growth to cut 250 jobs in profitability bid

Ontario to extend labour-related crop loss coverage

Canadian Cattlemen Presents: Depth of Field

Blogs

Cows ain’t coal

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 11, 2025

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