The Securities and Exchange Commission on Monday charged Canadian pot producer Cronos Group Inc. and a former executive with accounting fraud, accusing them of improperly booking sales and overstating revenue Read more
Tag: Farming
Green Thumb Industries to sell cannabis at Circle K gas stations in first-of-its-kind deal
Green Thumb Industries Inc. is expanding its reach from the stand-alone dispensary to space at Circle K convenience stores in Florida in what the Chicago-based company describes as a first Read more
Nestle expands coffee business, lifts 2022 organic growth guidance
Nestle SA said Wednesday that it would acquire Seattle’s Best Coffee brand from Starbucks Corp. in a move to bolster its U.S. coffee business, and lifted sales guidance after price Read more
New Zealand floats first-of-its-kind climate tax on livestock flatulence
New Zealand’s government this week proposed taxing the greenhouse gas emissions from farm animals. It’s the first time that an actual tax has been suggested, though scientists have been working Read more
Opinion: Food inflation has soared in the U.S. And now farmers are planting wheat in the most expensive harvest ever
U.S. farmers are planting wheat during a critical time, as food prices remain high because of a host of issues including widespread inflation, supply-chain snarls, droughts and Russia’s war in Read more
Tilray revenue impacted by currency, Canadian headwinds
Tilray Inc. reported a wider first-quarter loss in the face of revenue headwinds and the impact of unfavorable currency conversions to U.S. dollars, but CEO Irwin Simon said the cannabis Read more
Rancher sentenced to 11 years for ripping off Tyson Foods of nearly $250 million in ‘ghost cattle’ scam
A Washington state rancher has been sentenced to 11 years in prison for a nearly quarter-billion-dollar ripoff of Tyson Foods Inc. TSN, -1.54% in which it sold the meat processor Read more
Cannabis stocks rocketed to record day after Biden lit the fuse
Cannabis stocks shot to record gains Thursday after President Joe Biden formally sought to review how marijuana is classified under federal law, a change that pot companies in the U.S. Read more
Biden asks agencies to review marijuana’s classification, pardons prior federal-possession offenses
President Joe Biden on Thursday said he will pardon all prior federal offenses of simple possession of marijuana, and asked U.S. agencies to review how the drug is classified. “There Read more
Nestle to invest $1.01 billion on responsible coffee farming
Nestle SA plans to invest over 1 billion Swiss francs ($1.01 billion) to help make coffee farming more sustainable. The Swiss packaged-foods giant NESN, +0.17% NSRGY, -0.10% said Tuesday that Read more