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Salveo backs cannabis biotech in $10m Series A

Managing partner Jeffrey Howard says Front Range Biosciences is among the companies benefiting from a surge in private investor interest in cannabis.

$144m Ceres Ag goes on auction after failing to find domestic buyer off market

Integrated NSW beef and cropping enterprise will be subject to an EOI campaign in October, allowing foreign capital to make a bid.

Capital gains propel Australia’s permanent ag to the top of the crop

The latest NCREIF Australian Farmland Index, which splits annual and permanent cropland for the first time, shows ag returns Down Under continuing to outperform the US.

Gladstone buys pair of California cherry orchards

The NASDAQ-listed farmland REIT says it hopes the $7m deal will be the first of many in a region well-suited to benefit from growing demand for healthy produce.

MIRA snaps up Hassad’s remaining Australian farms

Hassad will invest in one of MIRA’s ag portfolios as part of the deal in a shift in strategy for the Qatar-backed group.

Australian winter crop to fall by 12% as drought bites in east

The national crop is forecast to be 9% below the 20-year average despite a strong showing from Western Australia.

Gladstone enters Florida panhandle with $2.6m farmland deal

The farmland REIT’s latest acquisition marks an expansion into a new region of Florida, a state second only to California within its $560m property portfolio.

Maersk enters Finistere’s grain storage-focused $6.5m Series A

As it strives to become a more diversified logistics provider, 114-year-old Maersk hopes to learn from entrepreneurs by becoming a 'credible' investor, says Maersk Growth venture partner Peter Votkjaer Jorgensen.

Washington-backed Arable Capital adds to irrigation platform

After closing a $300m debut fund last summer, the acquisition of Universal Irrigation marks the third such deal for the West Coast midstream specialists.

Tariffs on Australian ag exports to Indonesia tumble under free trade deal

A raft of measures will come into effect following the new agreement, with livestock, citrus and dairy exporters set to benefit.

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