Canopy Growth nearing deal to buy U.S.-based pot company Acreage Holdings: source

Canopy Growth nearing deal to buy U.S.-based pot company Acreage Holdings: source
(Reuters) – Canadian marijuana producer Canopy Growth Corp is close to a deal to buy U.S.-based pot firm Acreage Holdings, a source familiar with the matter told Reuters on Wednesday. FILE PHOTO: A sign featuring Canopy Growth Corporation’s logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 . REUTERS/Chris Wattie/File Photo The deal is expected... Read More

Why U.S. growers are betting the farm on soybeans amid China trade war

Why U.S. growers are betting the farm on soybeans amid China trade war
CHICAGO (Reuters) – U.S. farmers are gearing up to plant what could be their third-largest soybean crop ever despite failing to sell a mountain of beans from their last harvest due to a U.S.-China trade war that remains unresolved. Farm equipment and grain storage belonging to farmer Austin Rincker sit outside in Moweaqua, Illinois, U.S., March 6, 2019. Rincker will... Read More

SpaceX CEO Musk’s security clearance under review over pot use: official

SpaceX CEO Musk’s security clearance under review over pot use: official
SpaceX founder Elon Musk speaks at a post-launch press conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. REUTERS/Mike Blake (Reuters) – SpaceX Chief Executive Elon Musk’s security clearance is being reviewed... Read More

Tesla CEO Musk’s security clearance under review over pot use: Bloomberg

Tesla CEO Musk’s security clearance under review over pot use: Bloomberg
SpaceX founder Elon Musk speaks at a post-launch press conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. REUTERS/Mike Blake (Reuters) – The Pentagon is reviewing Tesla Inc Chief Executive Officer Elon... Read More

Nielsen, Headset partner to study U.S. cannabis market

Nielsen, Headset partner to study U.S. cannabis market
FILE PHOTO: Marijuana plants for sale are displayed at the medical marijuana farmers market at the California Heritage Market in Los Angeles, California July 11, 2014. REUTERS/David McNew (Reuters) – Consumer research services provider Nielsen Holdings Plc said on Wednesday it had teamed up with cannabis analytics company Headset, to help packaged goods companies understand the U.S. cannabis market. The... Read More

TSX rises 0.91 percent

TSX rises 0.91 percent
FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren NEW YORK (Reuters) – * The Toronto Stock Exchange’s  S&P/TSX rose 142.26 points, or 0.91 percent, to 15,838.24. * Leading the index were Toromont Industries Ltd, up 10.0 percent, Sierra Wireless Inc, up 9.7 percent, and Lundin Mining Corp, higher by 7.3 percent. * Lagging... Read More

Shopify profit forecast misses on higher spending, shares fall

Shopify profit forecast misses on higher spending, shares fall
(Reuters) – Canadian e-commerce software maker Shopify Inc’s full-year adjusted operating income forecast fell short of analysts’ estimates on Tuesday, overshadowing a strong quarterly profit beat and sending its shares down 4 percent. A decorative mailbox covered in stickers is seen at Shopify’s headquarters in Ottawa, Ontario, Canada, October 22, 2018. REUTERS/Chris Wattie Shopify, whose products enable merchants to sell... Read More