Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Activist investor reported building stake in Bayer, seeking breakup

Bayer up for 'constructive dialogue'

Reuters — Activist investor Bluebell Capital Partners has built a stake in Bayer AG and is pushing for a breakup of the German pharmaceutical and agriculture company, Bloomberg reported on Tuesday, citing sources. U.K.-based Bluebell is also seeking an overhaul of Bayer’s corporate governance, the report added. A Bayer spokesperson, who declined to comment on […] Read more

(CNW Group/Sugarleaf photo)

Canopy Growth to buy rival Supreme Cannabis

Deal comes as pot demand lights up

Reuters — Canopy Growth Corp. said Thursday it will buy rival Supreme Cannabis for $323.3 million, as the world’s biggest cannabis producer bolsters its portfolio to tap surging demand. Shares of Canopy, up 15 per cent this year, fell around 4.6 per cent to $36 after it announced the cash-and-stock deal for Supreme, which owns […] Read more

(Juanmonino/iStock/Getty Images)

Cash-strapped pot producers raise billions in market rally

Cannabis firms seen as down in the weeds until recent surge

Reuters — A political shift in the United States has unlocked an estimated US$1.38 billion jackpot for struggling pot producers who have cashed in on a surge in their shares since President Joe Biden’s election in November. Cannabis producers have issued stock worth this amount in the first five weeks of 2021, investment firm Viridian […] Read more

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Cannabis-infused drinks fizzle on production, distribution challenges

'Actually executing the idea is much more difficult'

Reuters — Investors pinning hopes on cannabis-infused drinks to propel growth of the legal marijuana industry may have to wait a bit longer, as companies struggle to produce and distribute the highly-sought beverages in a profitable way. Nearly 11 months after regulators allowed their sales, very few brands have been able to reach shelves. Canada […] Read more

A tract of Amazon jungle burns as it is cleared by farmers at Rio Pardo in Brazil’s Rondonia state on Sept. 15, 2019. (File photo: Reuters/Ricardo Moraes)

JBS vows to monitor whole cattle supply chain’s impact on Amazon

Packer plans to move against cattle 'laundering'

Sao Paulo | Reuters — JBS SA, the world’s top meatpacker, said Wednesday it plans to combat destruction in the Amazon by monitoring its entire supply chain for deforestation by 2025, as pressure mounts from environmentalists and investors. Brazilian meatpackers are facing increasing criticism that beef production is fueling deforestation in the Amazon, where cleared […] Read more


(Louis Dreyfus video screengrab via YouTube)

Dreyfus reportedly in talks to sell stake to Abu Dhabi’s ADQ

Reuters — Commodity trader Louis Dreyfus Corp. is in talks to sell a stake to Abu Dhabi sovereign wealth fund ADQ, Bloomberg News reported on Friday, citing people familiar with the matter. For the privately held company, which has been facing a challenging business environment, bringing external investors would be a first in its 169-year […] Read more


A worker pushes a cart of marijuana plants at the Canopy Growth facility at Smiths Falls, Ont. on Jan. 4, 2018. (File photo: Reuters/Chris Wattie)

Bargain hunters fire up rally in cannabis stocks

New York | Reuters — Some cannabis stocks are seeing their prices surge as investors hunt for winners in the ashes of an industry shakeout that hammered share prices last year. Shares of Tilray Inc. and Canopy Growth Corp. have climbed more than 20 per cent since the start of the year, while Cronos Group […] Read more


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

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

(File photo by Dave Bedard)

Funds’ canola short position up, for now

MarketsFarm — Fund traders added to their large net short position in canola during the week ended Tuesday (Sept. 10), according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in Tuesday at 73,025, an increase of about 7,000 […] Read more