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Tag Archives Hemp

Crops

Canopy Growth to close Saskatchewan pot plant

Ontario company stepping out of other international plays

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Reading Time: 2 minutes 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 […] Read more
Crops, Reuters

Canopy Growth may face challenges offloading assets, CEO says

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Reading Time: 2 minutes 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 […] Read more
Crops, Markets, Weather

Hemp yield uncertain ahead of harvest

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Reading Time: 2 minutes 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, […] Read more
Processing plants are being built across the country to convert farm crops into bioproducts for essentially every sector.
Guide Business, News

The booming bioeconomy — Part 2

In part one of this feature, we introduced the bioeconomy and how Canada is working to become a world leader. In part two we look at specific sector developments from coast to coast — there are lots of them!

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Reading Time: 7 minutes It’s a surprise to most of us. What’s the hottest bioeconomy subsector on the planet? Replacements for plastic. Worldwide demand for biodegradable products is urgent and it’s growing, especially to replace single-use plastic items like straws, utensils, cup lids and plastic bags. The race is on. France banned plastic cups in 2016, and Queen Elizabeth […] Read more
Crops

Supercluster backs oilseed protein joint venture

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Reading Time: 2 minutes 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 […] Read more
Crops

Aurora Cannabis to buy up all of processor Hempco

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Reading Time: 2 minutes 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 […] Read more
Guillaume Dallaire checking on hemp grain at the bins.
Guide Business

The gluten advantage

With $1 million on the line, this Quebec farm is betting big money on small markets

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Reading Time: 4 minutes It’s a two-hour drive straight north from Quebec City to get to Tournevent’s Farm, owned by Guillaume Dallaire and Audrey Bouchard at Hébertville in Lac Saint-Jean near Saguenay. At this time of year, it can be a cold trip, but even in the summer when Country Guide first visited, it can feel a long way […] Read more
Crops, Reuters

Tilray to buy hemp food maker Manitoba Harvest

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Reading Time: < 1 minute 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 […] Read more

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