marijuana Archives | Canadian Cattlemen

As customers hoard pot brownies, weed firms see lockdown boost

Reuters — Cannabis sales are touching new highs as customers across the U.S. and Canada stockpile weed to prepare for long spells of isolation because of the coronavirus pandemic. Between March 16 and 22, sales of recreational cannabis across California, Colorado, Oregon and Alaska — some of the key U.S. markets — were up 50 […] Read more

Crops, Reuters

Canopy Growth to shut two B.C. greenhouses, cut 500 jobs

Niagara greenhouse plans also shelved

By Reuters, GFM Network News March 5, 2020

Reuters — Pot producer Canopy Growth Corp. said on Wednesday it plans to close two of its greenhouses in Aldergrove and Delta, B.C., cutting about 500 positions. The company also said it no longer plans to open a third greenhouse in Niagara-on-the-Lake, Ont. Canopy had said last month it aims to focus on reducing costs, […] Read more

Crops, Markets, Reuters

More pain in store for Canadian marijuana companies

Aurora Cannabis, Tilray cut jobs

By Nichola Saminather February 8, 2020

Toronto | Reuters — Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week. Canada legalized recreational cannabis in October 2018 but profits have proven elusive for most marijuana […] Read more

Crops, Reuters

Cannabis patients boost Aurora edible sales

By Nichola Saminather December 19, 2019

Toronto | Reuters — Aurora Cannabis this week became the first major Canadian company to sell edibles and vapes for medical use, a small base that nevertheless helps shore up margins and paves the way for sales in the much larger European medical market. Medical marijuana has been legal in Canada since 2001, and recreational […] Read more

Crops, Reuters

Pot producer Canopy Growth to stop expanding in Canada

By Reuters November 14, 2019

Reuters — Canopy Growth Corp. on Thursday reported a wider-than-expected quarterly loss on soaring expenses and said it would not make any large investments to expand in Canada amid surplus supply and tepid demand for weed and weed products. The decision to hold expansion plans follows a wave of enthusiastic spending by marijuana companies to […] Read more

Crops, Markets, Reuters

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

By Nichola Saminather, Shariq Khan October 17, 2019

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 October 15, 2019

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

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 14, 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

Funds covering shorts in canola

U.S. grains: Wheat firms after four-day slide

Canada’s pork sector up to speed, aware of challenges

GFM Network News

Funds covering shorts in canola

U.S. grains: Wheat firms after four-day slide

Canada’s pork sector up to speed, aware of challenges

Tag Archives marijuana

As customers hoard pot brownies, weed firms see lockdown boost

Canopy Growth to shut two B.C. greenhouses, cut 500 jobs

More pain in store for Canadian marijuana companies

Cannabis patients boost Aurora edible sales

Pot producer Canopy Growth to stop expanding in Canada

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

Vape product concerns weigh on cannabis companies

Pot producer CannTrust’s federal license suspended

Cannabis firm Tilray sees growth slowing

GFM Podcasts

A trip to the POV, the impacts of COVID-19 on ag-research and hog biosecurity, China and canola in the news

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending April 3, 2020.

GFM Network News

GFM Podcasts

AgCanadaTV

Daily Newsletter