Agriculture

Cannabis company Organigram reports Q1 profit as revenue and margins improve

The Canadian Press 2 minute read Thursday, Jan. 12, 2023

TORONTO - Organigram Holdings Inc. reported a profit in its latest quarter compared with a loss a year earlier as its revenue and margins improved.

The cannabis company says it earned net income of $5.3 million for the quarter ended Nov. 30 compared with a loss of $1.3 million in the same quarter a year earlier.

Net revenue for what was the first quarter of the company's 2023 financial year totalled $43.3 million, up from $30.4 million a year earlier.

The company says the increase was primarily due to gains in adult-use recreational and international revenue, partly offset by a drop in medical sales.

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Months-long saga of runaway cattle in Quebec comes to an end with weekend capture

Sidhartha Banerjee, The Canadian Press 4 minute read Preview

Months-long saga of runaway cattle in Quebec comes to an end with weekend capture

Sidhartha Banerjee, The Canadian Press 4 minute read Monday, Jan. 9, 2023

MONTREAL - The remaining fugitive cattle that had been on the lam in central Quebec since July were finally recaptured over the weekend, bringing an end to an unusual saga that has involved cowboys and covert nighttime operations.

The last three cattle that escaped from a farm last summer were rounded up Saturday night and returned the next day to their owner in St-Sévère, Que., about 130 kilometres northeast of Montreal, Quebec's farmers union said Monday.

"I don't think we'll soon see 24 cows gone for nearly six months," Jean-Sébastien Dubé, a spokesman for the Union des producteurs agricoles, said in an interview.

The saga began in July, when 24 cows escaped from a farm in Quebec's Mauricie region. About half returned on their own while others crossed a stream and hid in the woods, coming out at night to eat the crops of nearby farms. By late November, the animals had caused up to $25,000 in damage to crops, mostly by lying down in soya fields and beheading ears of corn.

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Monday, Jan. 9, 2023

Cows on a dairy farm, in St-Henri-de-Taillon, Que., Tuesday, Sept. 25, 2018. THE CANADIAN PRESS/Jacques Boissinot

Cows on a dairy farm, in St-Henri-de-Taillon, Que., Tuesday, Sept. 25, 2018. THE CANADIAN PRESS/Jacques Boissinot

Tilray CEO ‘frustrated’ with ‘slow’ march toward U.S. legalization, reports Q2 loss

Tara Deschamps, The Canadian Press 5 minute read Preview

Tilray CEO ‘frustrated’ with ‘slow’ march toward U.S. legalization, reports Q2 loss

Tara Deschamps, The Canadian Press 5 minute read Monday, Jan. 9, 2023

Tilray Brands Inc. reported a second-quarter net loss of US$61.6 million in its most recent quarter as it temporarily slowed cannabis production because of the "longer-than-anticipated march toward legalization" in some markets.

Among the markets whose timing is hampering the Leamington, Ont. pot company is the U.S., where its chief executive said, "we do not expect (legalization) to happen at any time in the near future."

"In the U.S., participation in the adult-use cannabis market has always been very important to us and integral to our long-term strategy," Irwin Simon told analysts on a Monday call.

"However, as long as cannabis remains federally illegal in the U.S. we will not engage directly in business that touch the cannabis plant to fully optimize the value and strength of our U.S. business."

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Monday, Jan. 9, 2023

The Tilray logo is show in this undated handout photo. Tilray Brands Inc. reported a second-quarter net loss of US$61.6 million compared with net income of nearly US$5.8 million in the same quarter a year earlier. THE CANADIAN PRESS/HO, Tilray *MANDATORY CREDIT*

The Tilray logo is show in this undated handout photo. Tilray Brands Inc. reported a second-quarter net loss of US$61.6 million compared with net income of nearly US$5.8 million in the same quarter a year earlier. THE CANADIAN PRESS/HO, Tilray *MANDATORY CREDIT*

Sisters post content on Instagram explaining farm life while incorporating fashion

Gabrielle Piché 4 minute read Preview

Sisters post content on Instagram explaining farm life while incorporating fashion

Gabrielle Piché 4 minute read Friday, Jan. 6, 2023

Once upon a time, Frozen’s Anna and Elsa were farmers.

No, that’s not right. But Cassandra and Stefanie Lepp have been confused for the Disney princesses before, and they’re farmers.

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Friday, Jan. 6, 2023

Cassandra (left) and Stefanie Lepp are two farmers who are using social media to show women in agriculture. (Supplied)

Cassandra (left) and Stefanie Lepp are two farmers who are using social media to show women in agriculture. (Supplied)

Aurora Cannabis closes sale of Aurora Polaris facility for $15M in gross proceeds

The Canadian Press 1 minute read Preview

Aurora Cannabis closes sale of Aurora Polaris facility for $15M in gross proceeds

The Canadian Press 1 minute read Wednesday, Jan. 4, 2023

EDMONTON - Aurora Cannabis Inc. says it has closed the sale of its Aurora Polaris facility.

The company says gross proceeds from the sale totalled about $15 million.

Aurora announced in 2021 that it would close the Alberta property as part of a plan to streamline its operations.

It said at the time that the location's medical distribution operations would move to the Aurora Sky facility, while manufacturing would be relocated to Aurora River in Bradford, Ont.

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Wednesday, Jan. 4, 2023

Aurora Cannabis Inc. says it has closed the sale of its Aurora Polaris facility. Cannabis seedlings are shown at an Aurora Cannabis facilty Friday, November 24, 2017 in Montreal. THE CANADIAN PRESS/Ryan Remiorz

Aurora Cannabis Inc. says it has closed the sale of its Aurora Polaris facility. Cannabis seedlings are shown at an Aurora Cannabis facilty Friday, November 24, 2017 in Montreal. THE CANADIAN PRESS/Ryan Remiorz

Agriculture, food innovation needs to lead way

Laura Rance 4 minute read Preview

Agriculture, food innovation needs to lead way

Laura Rance 4 minute read Saturday, Dec. 31, 2022

Here we are on the cusp of a new year. The challenges facing food and agriculture have never been so daunting. Yet the opportunities have never loomed so large.

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Saturday, Dec. 31, 2022

Crucial choices to be made on biodiversity issue

Laura Rance 4 minute read Preview

Crucial choices to be made on biodiversity issue

Laura Rance 4 minute read Saturday, Dec. 24, 2022

If you’re looking for a conversation starter as families and friends gather around your holiday feasts this week, you might set out the new accord to protect global biodiversity for them to chew on.

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Saturday, Dec. 24, 2022

From seed to store: A look at the rising cost of bread

Brett Bundale, The Canadian Press 8 minute read Preview

From seed to store: A look at the rising cost of bread

Brett Bundale, The Canadian Press 8 minute read Wednesday, Dec. 21, 2022

Imagine a farmer, some seeds of grain and a Prairie field in spring.

How that wheat ends up in a loaf of bread — and why prices have soared this year — is an odyssey involving growers and grain handlers, rail cars and flour mills, and bakeries and supermarkets.

The journey of wheat from field to kitchen table offers insight into the global forces that influence the price of food and highlights how increasing costs are compounded along a supply chain.

***

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Wednesday, Dec. 21, 2022

A worker re-stocks shelves in the bakery and bread aisle at an Atlantic Superstore in Halifax, N.S., on Friday, Jan. 28, 2022. How those wheat kernels end up in a loaf of bread -- and why prices have risen this year -- is an odyssey involving growers and grain handlers, rail cars and flour mills, and bakeries and supermarkets. THE CANADIAN PRESS/Kelly Clark

A worker re-stocks shelves in the bakery and bread aisle at an Atlantic Superstore in Halifax, N.S., on Friday, Jan. 28, 2022. How those wheat kernels end up in a loaf of bread -- and why prices have risen this year -- is an odyssey involving growers and grain handlers, rail cars and flour mills, and bakeries and supermarkets. THE CANADIAN PRESS/Kelly Clark

Four runaway cows in Quebec caught in covert operation and returned to thankful owner

Marisela Amador, The Canadian Press 3 minute read Preview

Four runaway cows in Quebec caught in covert operation and returned to thankful owner

Marisela Amador, The Canadian Press 3 minute read Monday, Dec. 19, 2022

QUEBEC - It took a covert operation after nightfall and the help of freshly fallen snow to round up four cows from a herd of cattle that have been on the loose for months in central Quebec, an official with Quebec's farmers union said Monday.

The four runaways, who along with the rest of the herd have wreaked havoc on farmers' fields, were reunited Sunday with their owner in St-Sévère, Que., about 130 kilometres northeast of Montreal, Martin Marcouiller, with the Union des producteurs agricoles, said in an interview.

"The owner was very happy to have at least the four back," Marcouiller said. "He put them in a barn with a lot of hay, litter, a lot of grass to eat, and water. So, now they need to get used to being around humans again."

Marcouiller said the farmers union kept the operation on Saturday night quiet so that curious onlookers wouldn't compromise the plan, adding that not even the owner of the animals was in the loop.

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Monday, Dec. 19, 2022

Cows on a dairy farm, in St-Henri-de-Taillon, Que., Tuesday, Sept. 25, 2018. An official with Quebec's farmers union says it took a covert operation and the help of fresh snow to finally round up four cows from a herd of cattle that had been on the loose in central Quebec since the summer. THE CANADIAN PRESS/Jacques Boissinot

Cows on a dairy farm, in St-Henri-de-Taillon, Que., Tuesday, Sept. 25, 2018. An official with Quebec's farmers union says it took a covert operation and the help of fresh snow to finally round up four cows from a herd of cattle that had been on the loose in central Quebec since the summer. THE CANADIAN PRESS/Jacques Boissinot

Four cows have been captured in a small Quebec town after months on the loose

The Canadian Press 2 minute read Preview

Four cows have been captured in a small Quebec town after months on the loose

The Canadian Press 2 minute read Sunday, Dec. 18, 2022

QUEBEC - After several months on the run, four cows from a herd of runaway cattle were captured on Saturday night in St-Sévère, Que.

The regional chapter of the Union des producteurs agricoles says the cows were transported back to their original farm on Sunday morning.

Specialists examined the cows after their capture and confirmed the animals were in good shape.

The union says weather conditions over the last few days prevented the entire herd from being captured, so another operation will take place soon to catch seven or eight animals that remain at large.

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Sunday, Dec. 18, 2022

A cow grazes in a pasture on a farm near Cremona, Alta., Wednesday, June 26, 2019. After several months on the run, four cows from a herd of runaway cattle were finally captured on Saturday night in St-Sévère, Que. THE CANADIAN PRESS/Jeff McIntosh

A cow grazes in a pasture on a farm near Cremona, Alta., Wednesday, June 26, 2019. After several months on the run, four cows from a herd of runaway cattle were finally captured on Saturday night in St-Sévère, Que. THE CANADIAN PRESS/Jeff McIntosh

Public has its role to play in evolving food attitudes

4 minute read Preview

Public has its role to play in evolving food attitudes

4 minute read Saturday, Dec. 17, 2022

One of the things I love about my job is the opportunity to hear smart people say interesting things that prompt me to view an issue through a different lens.

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Saturday, Dec. 17, 2022

Hexo reports $52.1M net loss in Q2, announces share consolidation

The Canadian Press 2 minute read Preview

Hexo reports $52.1M net loss in Q2, announces share consolidation

The Canadian Press 2 minute read Friday, Dec. 16, 2022

GATINEAU, Que. - Hexo Corp. says its most recent quarter delivered a $52.1 million net loss as the cannabis company purged unprofitable products and streamlined its business.

The Gatineau, Que.-based firm's first quarter net loss compared with a net loss of more than $116.9 million a year earlier.

The loss for the period ended Oct. 31 amounted to a net loss of nine cents per basic and diluted share compared with a net loss of 46 cents per basic and diluted share a year prior.

Net revenue in the quarter totalled $35.8 million, down from $50.2 million in the same period last year.

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Friday, Dec. 16, 2022

A flowering cannabis plant is seen during a tour of the Hexo Corp. facility, Thursday, October 11, 2018 in Masson Angers, Que. Hexo Corp. says its most recent quarter delivered a $52.1 million net loss as the cannabis company purged unprofitable products and streamlined its business. THE CANADIAN PRESS/Adrian Wyld

A flowering cannabis plant is seen during a tour of the Hexo Corp. facility, Thursday, October 11, 2018 in Masson Angers, Que. Hexo Corp. says its most recent quarter delivered a $52.1 million net loss as the cannabis company purged unprofitable products and streamlined its business. THE CANADIAN PRESS/Adrian Wyld

Former CannTrust leaders acquitted in unlicensed growing trial

Tara Deschamps, The Canadian Press 6 minute read Preview

Former CannTrust leaders acquitted in unlicensed growing trial

Tara Deschamps, The Canadian Press 6 minute read Thursday, Dec. 15, 2022

TORONTO - An Ontario court has acquitted three former cannabis leaders charged with offences linked to unlicensed growing at a Niagara area greenhouse.

The ex-CannTrust Holdings Inc. executives Peter Aceto, Eric Paul and Mark Litwin were freed of their charges a day after the Ontario Securities Commission (OSC) revealed it no longer had a reasonable prospect of convicting the men.

The acquittal marks a stunning reversal for the OSC, which had been pursuing its first court case involving a publicly traded cannabis company since it laid charges against the ex-CannTrust executives last year.

Following the acquittal, the OSC said it is "considering the implications of the decision and assessing its options" because CannTrust's disclosure of unlicensed growing in July 2019 caused "significant investor losses."

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Thursday, Dec. 15, 2022

Cannabis cuttings are photographed at the CannTrust Niagara Greenhouse Facility during the grand opening event in Fenwick, Ont., on Tuesday, June 26, 2018. THE CANADIAN PRESS/ Tijana Martin

Cannabis cuttings are photographed at the CannTrust Niagara Greenhouse Facility during the grand opening event in Fenwick, Ont., on Tuesday, June 26, 2018. THE CANADIAN PRESS/ Tijana Martin

Climate change affecting Christmas tree farms across Canada, expert say

Brenna Owen, The Canadian Press 5 minute read Preview

Climate change affecting Christmas tree farms across Canada, expert say

Brenna Owen, The Canadian Press 5 minute read Sunday, Dec. 11, 2022

VANCOUVER - The effects of climate change are taking a toll on Christmas tree farms across Canada, with one forestry expert and the head of the Canadian Christmas Tree Association saying the sector that's already undergoing shifts will need to adapt.

The festive trees take eight to 12 years to reach the size most people look for, and young seedlings are particularly vulnerable to climate risks, said Richard Hamelin, head of the forest conservation sciences department at the University of B.C.

Much of the province has experienced prolonged drought and extreme heat over the last two summers, and the seedlings have shallow root systems that don't reach beyond the very dry layers of soil near the surface, Hamelin explained.

Meanwhile, their older counterparts may survive but lose their needles or turn brown as a result of extreme heat and drought, he said in an interview.

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Sunday, Dec. 11, 2022

A parcel of land on the Sahtlam Tree Farm is seen, in the Cowichan Valley area of Duncan, B.C., on Saturday, July 31, 2021. The effects of climate change are taking a toll on Christmas tree farms in British Columbia and beyond, and one forestry expert says the sector that's already shrinking will need to adapt in the coming years. THE CANADIAN PRESS/Chad Hipolito

A parcel of land on the Sahtlam Tree Farm is seen, in the Cowichan Valley area of Duncan, B.C., on Saturday, July 31, 2021. The effects of climate change are taking a toll on Christmas tree farms in British Columbia and beyond, and one forestry expert says the sector that's already shrinking will need to adapt in the coming years. THE CANADIAN PRESS/Chad Hipolito

Halifax long-term care facility gets funding to boost use of locally produced food

Keith Doucette, The Canadian Press 3 minute read Preview

Halifax long-term care facility gets funding to boost use of locally produced food

Keith Doucette, The Canadian Press 3 minute read Friday, Dec. 9, 2022

HALIFAX - Nova Scotia is looking to move toward its goal of having 20 per cent of food purchases come from local sources by 2030 through a new financial incentive for institutions with large kitchens.

Agriculture Minister Greg Morrow announced a $250,000 program Friday that will be piloted for three months at Halifax-based long-term care facility Northwood.

Morrow said the Northwood residence is getting up to $25,000 from the program, which is expected to be expanded to other nursing homes as well as public schools, hospitals, universities and correctional facilities.

“We’ve got work to do to hit that target, and so we figured why not start with some of the biggest kitchens in the province,” the minister told reporters.

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Friday, Dec. 9, 2022

Northwood CEO Janet Simm, left to right, Nova Scotia Agriculture Minister Greg Morrow and Letitia Rowley of Gordon Food Services pose for a photo at Northwood long term care facility, in Halifax, Friday, Dec. 9, 2022. Morrow says Northwood is getting up to $25,000 from a $250,000 program to help boost its use of more locally grown and produced food products, that will eventually spread to other nursing homes as well as public schools and hospitals. THE CANADIAN PRESS/Keith Doucette

Northwood CEO Janet Simm, left to right, Nova Scotia Agriculture Minister Greg Morrow and Letitia Rowley of Gordon Food Services pose for a photo at Northwood long term care facility, in Halifax, Friday, Dec. 9, 2022. Morrow says Northwood is getting up to $25,000 from a $250,000 program to help boost its use of more locally grown and produced food products, that will eventually spread to other nursing homes as well as public schools and hospitals. THE CANADIAN PRESS/Keith Doucette

German police seek help in solving bull sperm heist

The Associated Press 1 minute read Wednesday, Dec. 7, 2022

BERLIN (AP) — Police in western Germany are appealing for help in cracking a potentially very cold case.

Authorities say about 60 containers of bull sperm were stolen from a farm in the town of Olfen, 90 kilometers (56 miles) northeast of Cologne, late Monday or early Tuesday.

Police said in a statement Wednesday that while it's unclear how the rustle happened, the precious cargo needs to be supercooled with liquid nitrogen at –196 Celsius degrees (–320 Fahrenheit) so it isn't spoiled.

They are seeking tips from the public that might lead to the recovery of the sperm, which was intended for artificial insemination.

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