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Agribusiness

WOA signs Wheatbelt agreement

Newly-listed Wide Open Agriculture has signed a management agreement with a Netherlands-based investor and a group of Western Australian farmers in relation to a $4.3 million property in the Wheatbelt.

Lock to join CBH Board

Former chief executive of Craig Mostyn Group David Lock has been appointed independent director of the CBH Group board, replacing current member David Willis.

Mercer to acquire Santanol

Canada-based forest products company Mercer International has confirmed it will acquire privately owned Indian sandalwood producer Santanol for an unspecified sum.

Grants to further grains research growth

A trio of young female researchers is at the forefront of efforts to improve WA’s grains industry.

Capilano gets $190m takeover

Kerry Stokes looks set to accept a takeover offer for one of his agribusiness investments after private equity groups launched a friendly takeover bid for Australia's biggest honey producer, ASX-listed Capilano Honey.

Bonanza grain harvest anticipated

Farmers could be set for a near record grain harvest of 15.5 million tonnes this season in Western Australia, according to the Grain Industry Association of Western Australia.

Targets are fine, just not on your back

Sustainable growth based on realistic projections and outcomes can help business avoid the pitfalls some in the timber and wine sectors have experienced.

State awards $2.3m broadband grants

Geraldton-based LogicIT has been awarded $1 million worth of state government grants to provide broadband coverage to farmers in the Mid West region.

Wellard names interim executive as Troncone, Braithwaite depart

Livestock exporter Wellard has appointed current chairman John Klepec as interim executive chairman, after executive director of operations Fred Troncone resigned.

Forrest pledges $100m for oceans research

Minderoo Foundation has today announced a $100 million research initiative designed to study and protect global marine life and its chairman Andrew Forrest has used the occasion to attack the federal government’s new marine parks plan.

Wammco gets $5m state loan

Sheep meat producer WAMMCO has received a $5 million loan for upgrades at its Katanning processing plant as part of the state government’s cooperative loan scheme.

Govt suspends second live export licence

The federal government has suspended the licence of a subsidiary of embattled live exporter Emanuel Exports, after the sister company sought to ship 60,000 sheep left stranded following the initial suspension.

Wide Open lists after $5m IPO

Williams-based Wide Open Agriculture has begun trading on the ASX today after the company raised $5 million via an initial public offer.

AusCann raises $33m for cannabis development

Joondalup-based medicinal cannabis hopeful AusCann Holdings has secured $33.4 million from local and North American institutions, with NYSE-listed marijuana play Canopy Growth Corporation upping its stake to 11.2 per cent.

WA contractors secure work

Three local companies have secured work across the state, with Kerman Contracting, Adco Constructions and WestStar Industrial all announcing recent contract wins.

Study cool on cannabis pain benefit

A University of New South Wales study has called for caution about the potential benefits of medicinal cannabis to relieve pain, but a Western Australian hopeful in the sector is still confident for the future of the industry.

Vasse Felix confirms Watershed purchase

Margaret River winery Vasse Felix is set to acquire the principal assets of Watershed Premium Wines, under a $20 million deal that allows Watershed’s cellar door and restaurant to continue operating under a two-year lease agreement.

Eve in $3m buy

Subiaco-based Eve Investments has purchased tea tree oil business Jenbrook in cash and scrip for about $3.4 million.

Versatile hemp plant offers growth potential

Businesses and farmers see a bright future for the hemp industry in WA following recent legislative changes, but the fledging sector needs support.

Asic launches legal action against Frank Wilson

The corporate watchdog has launched legal action in the Federal Court against former Quintis managing director Frank Wilson, alleging he failed to disclose the loss of a major contract in 2017.

Rainfall raises hope for farmers

Recent rainfall experienced across the state has lifted the outlook of Western Australian farmers, following one of the hottest and driest autumns on record.

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