Dutch biocontrols giant acquires Brazilian precision-farming firm

A Dutch biocontrols giant that has flexed into the cannabis space, Koppert Biological Systems, has acquired a Brazilian drone company in a bid to use drones to apply its sustainable biocontrols in Brazil. Koppert said its acquisition of Geocom will help it “accelerate precision agrifarming, which is crucial for bringing biologicals to the fields,” according […]

Italy finalizes hemp commission roster as industry eyes piece of €10 million budget windfall

Italy’s agricultural ministry has named four dozen government, regulatory and industry stakeholders to  a new working group for the country’s hemp sector. According to a decree published last week, the working group is expected “to perform consultative and monitoring duties” for the hemp sector. The commission’s 48 members include representatives from: The Ministry of Agricultural, Food […]

Australia’s Creso Pharma cleared to sell CBD pet product line in Uruguay

Authorities in Uruguay have given Australia-based pharmaceutical company Creso Pharma the green light to market its line of CBD animal products in the South American country. Creso Pharma, which offers a range of cannabis-derived wellness and lifestyle products for humans and animals, said Monday it received regulatory approval from Uruguay’s Ministry of Agriculture and Animal […]

Marijuana banking excluded from $900 billion coronavirus relief package

A similar version of this story appears on Marijuana Business Daily. Marijuana banking laws will have to wait. A hoped-for change to make it easier for high-THC cannabis operators to access banking services isn’t included in the 5,593-page, $900 billion coronavirus relief bill awaiting the president’s signature, even though it was part of the initial […]

Editor’s Notebook: Hemp’s climate-change opportunity

(This column appears in the November- December issue of Marijuana Business Magazine.) Everyone knows the planet’s changing temperatures are creating dramatic swings in weather that threaten our very survival. But global warming could also be the kind of problem that provides hemp companies with opportunities that former generations couldn’t imagine. Corporate America has finally accepted […]

Red White & Bloom borrows $60m to buy Illinois marijuana grow facility

Toronto-based multistate marijuana company Red White & Bloom Brands secured a $60 million loan, then signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5 million. According to a news release, Red White & Bloom (RWB)’s purchase of Ontario special purpose vehicle Cannabis Capital Partners includes: The rights to a 23,572-foot cultivation […]

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