cannabis Archives | Canadian Cattlemen

As ‘Cannabis 2.0’ kicks off, industry strangled by limited retail outlets

By Nichola Saminather, Shariq Khan 1 day ago

Reuters — A year after Canada legalized use of recreational marijuana, cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused drinks and other products will quickly lift shares may be in for a bumpy ride. So-called cannabis 2.0 — legalization of marijuana derivatives including edibles, beverages, extracts […] Read more

Crops, Reuters

Mexican Senate set to pass bill to legalize marijuana in next few days

By Diego Ore 3 days ago

Mexico City | Reuters — Mexico’s Senate will vote for a bill to fully legalize marijuana in the next few days, a key lawmaker told Reuters, marking a major step toward changing the country’s approach to the drug by removing it as a source of income for violent drug gangs. President Andres Manuel Lopez Obrador, […] Read more

Crops, Reuters

Pot producer CannTrust to destroy $77M in plants, inventory

By Reuters 4 days ago

Reuters — Canadian cannabis producer CannTrust Holdings said Monday it would destroy about $12 million worth of plants and about $65 million worth of inventory as part of a plan to regain full regulatory compliance. Health Canada canceled CannTrust’s license to produce and sell cannabis in September, months after it found the company was illegally […] Read more

Crops, Markets, Reuters

Short-sellers circle cannabis stocks as profits dwindle

By David Randall October 2, 2019

New York | Reuters — Wall Street’s love of cannabis appears to be going up in smoke as vaping-related ailments and missed revenue projections are prompting short sellers to raise their bets against the industry, fund managers and analysts said on Wednesday. Short interest in cannabis stocks, which reflects bets that prices will fall, has […] Read more

Crops, Reuters

Vape product concerns weigh on cannabis companies

By Nichola Saminather September 30, 2019

Toronto | Reuters — A U.S. recommendation that consumers avoid vaping products containing the active ingredient in marijuana ahead of their legalization in Canada next month could be a blow to Canadian cannabis companies’ hopes that the higher-margin products will help propel them to profitability. The U.S. Centers for Disease Control and Prevention (CDC) said […] Read more

Crops, Reuters

Pot producer CannTrust’s federal license suspended

By Reuters September 18, 2019

Reuters — Troubled Canadian pot grower CannTrust Holdings said Tuesday its license to produce and sell cannabis has been suspended by Health Canada. CannTrust had delayed its second-quarter results last month awaiting a decision from Canada’s health regulator on a large amount of inventory put on hold after discovery of illegal cultivation by the company. […] Read more

Crops, Reuters

Cannabis firm Tilray sees growth slowing

By Reuters August 13, 2019

Reuters — Pot producer Tilray Inc. reported a wider-than-expected quarterly loss on Tuesday, as it ramped up investments to boost production and warned of muted growth in the Canadian recreational marijuana market for the second half of the year. Shares of the Nanaimo, B.C.-based company fell eight per cent after hours. Canada in October became […] Read more

Crops

Couche-Tard takes stake in cannabis retailer

By GFM Staff August 11, 2019

One of Canada’s biggest convenience store operators is moving ahead on its stated goal of getting into the retail cannabis business. Edmonton-based cannabis retailer Fire + Flower announced Wednesday it has issued a $25.99 million debenture, convertible to a 9.9 per cent ownership stake, to Quebec’s Alimentation Couche-Tard. The Laval-based firm said its planned investment […] Read more

Reuters

Canadian greenhouse labor shortages worsened by growing cannabis producers

By Kelsey Johnson July 29, 2019

Ottawa | Reuters – Canada’s labor-strapped greenhouse vegetable and flower growers are ramping up efforts to keep and recruit more workers in the face of pressure from the country’s budding cannabis industry, farm groups say. “Many of the cannabis producers are very cash rich. They’ve got the resources to pay a very good wage,” said […] Read more

Crops, Markets, Reuters

Ontario’s slow rollout of weed outlets could help black market

By Moira Warburton July 8, 2019

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

U.S. grains: Wheat hits three-month high on signs of tightening supplies

U.S. livestock: Lean hogs sag as traders parse USDA pork sales data

As ‘Cannabis 2.0’ kicks off, industry strangled by limited retail outlets

GFM Network News

U.S. grains: Wheat hits three-month high on signs of tightening supplies

U.S. livestock: Lean hogs sag as traders parse USDA pork sales data

As ‘Cannabis 2.0’ kicks off, industry strangled by limited retail outlets

Tag Archives cannabis

As ‘Cannabis 2.0’ kicks off, industry strangled by limited retail outlets

Mexican Senate set to pass bill to legalize marijuana in next few days

Pot producer CannTrust to destroy $77M in plants, inventory

Short-sellers circle cannabis stocks as profits dwindle

Vape product concerns weigh on cannabis companies

Pot producer CannTrust’s federal license suspended

Cannabis firm Tilray sees growth slowing

Couche-Tard takes stake in cannabis retailer

Canadian greenhouse labor shortages worsened by growing cannabis producers

Ontario’s slow rollout of weed outlets could help black market

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A new oat plant on the Prairies, Crown lands debate heating up, asset transfers for farm families, extreme weather trumps harvest

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 18, 2019.

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