Reuters — Cannabis producer Jushi Holdings acquired Massachusetts-based retailer Nature’s Remedy at a cheaper price than initially offered, as valuation of weed companies across North America has dramatically dropped lately. […] Read more
Pot producer Jushi acquires U.S. retailer in cheaper deal
Lack of movement on legalization drops valuations
Kansas City Southern plans to accept CP’s bid
Deal would create new lanes for Prairie freight, CP says
Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to […] Read more
Louis Dreyfus completes stake sale to ADQ
Deal includes long-term supply line to UAE
Paris | Reuters — Louis Dreyfus Co. (LDC) said on Friday it had completed the sale of a 45 per cent indirect stake to Abu Dhabi holding firm ADQ, marking […] Read more
Brazil’s ag ministry investigating suspected BSE case
Evidence suggests 'atypical' BSE, source says
Sao Paulo | Reuters — Brazil’s agriculture ministry said Wednesday it was investigating a suspected case of bovine spongiform encephalopathy (BSE) in the country, according to a statement. An industry […] Read more
Pot producer TerrAscend to buy U.S. rival Gage Growth
Company to pay US$545 million
Reuters — Cannabis producer and processor TerrAscend will buy Michigan-based rival Gage Growth Corp., backed by prominent cannabis investor Jason Wild, for around US$545 million, the pot producer said on […] Read more
U.S. reports world’s first deer with COVID-19
Chicago | Reuters — The U.S. government said Friday it had confirmed the world’s first cases of COVID-19 in deer, expanding the list of animals known to have tested positive […] Read more
Washington state eradicates first ‘murder hornet’ nest of the year
Nest found in northwestern county near B.C. border
Reuters — Washington state eradicated its first Asian giant hornet nest of the year by vacuuming out 113 worker hornets and removing bark and decayed wood near the nest, Washington […] Read more
U.S. seeks to protect pork exports if swine fever hits territories
Policy would distinguish Puerto Rico, Virgin Islands from mainland
Chicago | Reuters — The United States said on Thursday it is seeking to avoid disruptions to pork exports if the territories of Puerto Rico or the U.S. Virgin Islands […] Read more
Maersk signs first green methanol deal toward dropping fossil fuels
Copenhagen | Reuters — A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral […] Read more
Russia’s agriculture ministry pauses grain harvesting data
Moscow | Reuters — Russia’s agriculture ministry has paused its daily publication of grain harvesting data while it refines the reporting format used by the country’s growing regions, the ministry […] Read more