Cannabis News

Recent industry report about Cannabis company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Cannabis Market industry experts.

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Cannabis News

May 2023: Toast collaborated with The Nirvana Group to expand innovative new cannabis product offerings in New Mexico and Oklahoma provinces of the United States.

April 2023: Hello Juice collaborated with The Beleaf Co. to launch a new product line of cannabidiol (CBD)-infused juice shots.

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May 2023: Toast collaborated with The Nirvana Group to expand innovative new cannabis product offerings in New Mexico and Oklahoma provinces of the United States.

April 2023: Hello Juice collaborated with The Beleaf Co. to launch a new product line of cannabidiol (CBD)-infused juice shots.

  • November 2022: Cornell University in the United States rolled out its PhytoPathol Boots (PPB), which was deployed to four grape breeding programs across the United States. These autonomous robots were rolled through vineyards, using computer vision to gather data on the physiological state of each grapevine, allowing breeders and growers to evaluate their vineyards leaf by leaf, in real-time, down to the chemical level.
  • March 2022: Two newly released grape varieties, Sugrafiftytwo, an ultra-early ripening green seedless grape variety with a sweet Muscat flavor and firm, crisp texture, and Sugrasixty, a midseason ripening red variety with large berries and a tropical aroma with overtones of mango, were developed collaboratively between Cornell AgriTech and Sun World International, a global fruit genetics and licensing company.
  • April 2024: Silver Bay Seafoods acquired Trident Seafoods’ Ketchikan processing facility. This strategic move enhances Silver Bay’s capacity to support salmon fisheries in the Southeast region.
  • December 2023: Maruha Nichiro Corporation merged its consolidated subsidiaries, Marine Access Corporation and Maruha Nichiro Retail Service Co., Ltd. The merger led to the integration of the tuna fish processing business by constructing a larger processing facility. This has expanded the production capacity of tuna fish products.
  • February 2022: Mowi expanded its range by launching two new organic salmon products on the digital grocery service Ocado.
  • January 2024: Agricultural experts and engineers in New Delhi developed a groundbreaking machine that simplifies cashew kernel extraction. This will make kernel extraction faster and more cost-effective, saving labor costs and significantly increasing their overall cashew output.
  • October 2022: Goa Forest Development Corporation proposed a cashew festival in April-May 2023 to boost cashew cultivation in the state and bid to make Goa self-sufficient in cash crop production in the next 5 to 10 years.
  • March 2022: The new Silver Jubilee building of the Indian Council of Agricultural Research (ICAR)-Directorate of Cashew Research, Puttur, Karnataka, is regarded as a new dimension in the Council's vision of empowering and benefiting the agricultural community, which will help in advancing the research on the Cashew crop.
  • November 2022: Dabur India Limited launched Dabur Vedic Tea, a premium black tea that contains 30+ ayurvedic herbs that provide health benefits and boosts immunity. The product contains herbs like Tulsi, Ginger, Cardamom, and others.
  • November 2022: Tata Consumer Products expanded its green tea portfolio with the launch of Tetley Green Tea with tulsi flavor. Green tea improves immunity and is rich in vitamin C.
  • July 2022: CVC Capital Partners Fund VIII completed the purchase of Ekaterra, the tea business owned by Unilever. A cash-free, debt-free sale of Ekaterra was agreed upon between Unilever and CVC in November 2021 for EUR 4.5 billion (USD 4.83 billion).
  • August 2022: The Eastern Africa Grain Council (EAGC) has confirmed that the quality of maize in Uganda has improved by bringing farmers, traders, and processors together to fight against the prevalence of aflatoxin, which can be attributed to increased training of farmers, traders and processors on post-harvest management and storage practices by the government and private sector players.
  • December 2020: The Eastern Africa Grain Council, in partnership with CDKN, has launched Climate Information for Grains (Ci4G) tool, an online platform that is designed to help farmers and others in the grain sector to plan short-term activities and build resilience to variable weather in the medium term.
  • April 2022: The Tanzanian government with Tanzania Agriculture Research Institute (TARI), planned to produce 20 million improved avocado seedlings to be sold at a subsidized price.
  • March 2022: The collaboration between World Vegetable Centre and Tanzania Agriculture Research Institute (TARI) to increase mungbean productivity has finally become fruitful and have launched a new mungbean verity.
  • January 2022: A new market has opened up for the Tanzanian fruit sector. The Indian Ministry of Agriculture has granted Tanzania's avocado to enter the market.

October 2022: Bevzilla brand launched an exotic & exciting flavor of coffee powder called Turkish Hazelnut on International Coffee Day. This new hazelnut flavor is a real treat for all coffee lovers.

July 2022: Britannia Good Day, India's largest cookie brand, launched the all-new Good Day Harmony pack, which contains four different types of nuts, including hazelnut, cashew, pista, and almond, in every cookie.

June 2022: Tiggle, a D2C hot chocolate brand, expanded its product portfolio and launched the Cleanest Hazelnut flavor of Hot Chocolate. The new hazelnut flavor elevates the hot chocolate drinking experience for the customers.

  • November 2022: To promote the cooperation between China and the Netherlands in the flower industry, the Consulate General of the Kingdom of the Netherlands in Chongqing and the Yunnan Provincial Flower Technology Promotion and Training Center jointly held the China-Netherlands Plant Variety Protection Workshop.
  • May 2022: Royal FloraHolland, a Dutch cooperative, deployed the Blue Yonder technology to transform warehouse and digital fulfillment capabilities. The global flower auction cooperative is implementing Blue Yonder's warehouse management solution to build a floriculture supply chain infrastructure for growers and buyers, increase end-to-end visibility from the greenhouse to the buyer, and transition from an auction-based logistics system to fulfillment and order picking logistics, according to a press release.
  • November 2021: Horizon Flowers NZ, a producer, processor, and exporter of flowers in the Netherlands, acquired a freehold interest in 41.5 hectares adjoining its current bulb processing facility for a USD 1.6 million investment in the Southland tulip business. The investment is likely to increase its exports to North America and Europe and enhance its processing facility's viability by securing the land to supply the bulbs.
  • April 2022: The retailers, supermarkets, and licensees of Sekoya blueberries were able to experience and taste Sekoya Pop ('FCM14-052') and Sekoya Beauty ('FCM12-097') blueberry varieties at the company's Field & Forum event in Spain. At this event, the research and development facilities of Fall Creek Farm & Nursery in Seville (Andalucía, Spain) concluded that the two Sekoya varieties were the most demanding varieties among consumers.
  • January 2022: Berries South Africa, the industry association for South African blueberries, raspberries, and blackberries (Berries ZA), conducted a B2B promotional campaign on blueberries, targeting the key industry players in Germany ahead of Fruit Logistica.
  • October 2021: The Chilean fruit business Hortifrut announced its acquisition of blueberry producer Atlantic Blue for EUR 241 million (approximately USD 280 million). This acquisition will allow Hortifrut to expand its growing area by 20% by adding roughly 850 hectares across Spain, Morocco, and Peru.

Cannabis Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)