GFM Network News

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

Reading Time: 3 minutes 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

Ag minister announces launch of Canadian food policy

Reading Time: < 1 minute Canada has its first food policy, an initiative to increase access to safe, nutritious and culturally diverse food, and to cut food waste. Marie-Claude Bibeau, minister of agriculture and agri-food and parliamentary secretary, Jean-Claude Poissant made the announcement Monday in Montreal. “The Food Policy for Canada is our road map for a healthier and more […] Read more

U.S. biodiesel lobby drops effort to adjust tax credit

Reading Time: 2 minutes Chicago | Reuters — The biggest U.S. biodiesel lobbying group has dropped its nine-year push to convert a US$1-per-gallon tax credit available to blenders of the biofuel into one for producers, the vice-president of federal affairs said on Friday. The tax credit benefits companies that blend biodiesel into fuel sold at U.S. gas stations. It […] Read more