Reading Time: 2 minutes Sydney | Reuters — Australia is expected to legalize the cultivation of cannabis for medical or scientific purposes with a bill introduced to parliament on Wednesday — the first step toward doctors eventually prescribing it to patients with chronic pain. The bill will see Australia create a national licensing and permit scheme to supply medical […] Read more

Australia set to legalize cultivation of medical cannabis

Red tape seen costing hemp growers market share
Reading Time: 2 minutes CNS Canada — Canadian hemp producers are missing out on a potential billion-dollar market opportunity due to government regulations, an industry group warns. Canadian hemp farmers are only permitted to use certain parts, the stalk and seeds, of the plants they grow. As a result, the growers are missing out in the market, said Kim […] Read more

Labatt’s owner wins over SABMiller at fifth attempt
Reading Time: 4 minutes Brussels/London | Reuters –– The world’s two biggest brewers agreed on Tuesday to create a company making almost a third of the world’s beer after SABMiller received an improved offer worth more than C$130 billion from larger rival Anheuser-Busch InBev. If it goes through, the deal would rank in the top five mergers in corporate […] Read more

Labatt owner ups offer for SABMiller as deadline looms
Reading Time: 3 minutes Reuters — Anheuser-Busch InBev raised its proposed takeover offer for SABMiller on Monday, as the world’s largest brewer tries to win over its smaller rival to the idea of creating a giant that would make nearly a third of the world’s beer. The owner of the Budweiser, Labatt and Alexander Keith’s brands said it would […] Read more