Good agricultural practice

ABVC Acquires $2.96 Million Worth of Land in Asia with Stocks Priced at $3.50 per Share

Retrieved on: 
Thursday, February 8, 2024

The acquisition aims to establish a base for Good Agricultural Practices (GAP) fields and an integrated platform for collaboration between researchers and industry leaders.

Key Points: 
  • The acquisition aims to establish a base for Good Agricultural Practices (GAP) fields and an integrated platform for collaboration between researchers and industry leaders.
  • ABVC aims to build on the fastest-growing Asian market for pharmaceutical products, medical devices, and healthcare services.
  • ABVC's real estate investment raises the shareholders' equity and facilitates ABVC’s drug development plan, and ABVC believes it will help generate revenue in the future.
  • Following the pandemic, life sciences-related real estate in Asia has been considered a hot spot.

Mondelēz International Advances Progress Toward 2050 Net Zero Emissions Goal

Retrieved on: 
Wednesday, December 13, 2023

CHICAGO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) today announced a significant milestone toward its goal of net zero greenhouse gas emissions across its full value chain by 2050.

Key Points: 
  • CHICAGO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) today announced a significant milestone toward its goal of net zero greenhouse gas emissions across its full value chain by 2050.
  • Furthermore, Mondelēz International confirms a goal to seek no deforestation across the company’s primary commodities by 2025, in accordance with European Union Deforestation Regulation and SBTi guidance.
  • Mondelēz has made targeted investments and progress in three key areas1:
    More Sustainable Ingredient Sourcing: Working to advance deforestation-free supply chains, reduce carbon emissions, accelerate regenerative agriculture practices and support biodiversity.
  • Wheat – Mondelēz International implemented a strengthened charter of farming practices in Europe, deeply rooted in regenerative agriculture, as part of the company’s Harmony Ambition 2030.

ABVC BioPharma Enters Definitive Agreement with Licensing Income Worth $467M and Royalties Up to $200M

Retrieved on: 
Thursday, November 16, 2023

The agreement has the potential of licensing income worth $467M and royalties up to $200M.

Key Points: 
  • The agreement has the potential of licensing income worth $467M and royalties up to $200M.
  • The Licensed Products for MDD and ADHD, owned by ABVC and its subsidiary BioLite, Inc., were valued at $667M by a third-party evaluation.
  • ABVC and AiBtl are determined to work to strengthen their new drug development and business collaboration.
  • "With ABVC as one of our major shareholders, holding 57% consolidated shares of AiBtl, we are proud to join the family of ABVC BioPharma.

'Plug and Play Topeka' Selects 24 Startups for Its Animal Health, Ag-Tech Accelerator Program

Retrieved on: 
Tuesday, October 17, 2023

TOPEKA, Kan., Oct. 17, 2023 /PRNewswire-PRWeb/ -- GO Topeka, the economic development group for Kansas' capital city, recently announced that Plug and Play Topeka, a global innovation platform that creates industry-specific accelerator programs, has selected 11 animal health startups and 13 ag-tech startups for the fall 2023 cohort. These early-to-mid-stage startups hail from more than 10 countries including the U.S., Canada, Germany, France, the U.K., and Australia, among others.

Key Points: 
  • Entrepreneurs representing these startups will now participate in a three-month-long accelerator program to connect them with resources and help their businesses grow.
  • The 24 startups selected for the program are:
    5 Element Food Therapy : Nourishing pet dietary supplements containing proprietary blends of whole foods and herbs.
  • Since the start of the program in the spring of 2021, 54 startups have graduated from the Plug and Play Topeka accelerator program.
  • Each year, the program will develop two accelerator groups, each comprised of 10-12 animal health and ag-tech startups.

ABVC Signs a Term Sheet to Earn Licensing Fees of up to $20M and Royalties of 5-12% of Net Sales

Retrieved on: 
Tuesday, August 1, 2023

The licensing deal carries a possible aggregate income of $20 million for ABVC.

Key Points: 
  • The licensing deal carries a possible aggregate income of $20 million for ABVC.
  • The term sheet outlines the key terms and conditions of the licensing agreement.
  • The final agreement, expected to be formally signed within one year, will specify the precise licensing terms, including the schedule for milestone payments and other financial arrangements.
  • The final agreement is subject to the satisfaction of closing conditions, and the transaction will not occur if they are not satisfied or waived within one year.

Black Tulip Flowers Leading the Way with Eco-Friendly Practices in the Floral Industry, Awards and Partnerships

Retrieved on: 
Wednesday, June 21, 2023

DUBAI, UAE, June 21, 2023 /PRNewswire/ -- The floral industry is booming across the region with favourable trade policies and increase in consumer demand. Flowers grown in one country can be shipped across the world via air freight and delivered to customers almost the next day.

Key Points: 
  • Black Tulip Flowers shares how they are inspiring eco-friendly practices for sustainable growth of the floriculture industry.
  • Black Tulip Flowers is one of the largest floral companies in the Middle East, Africa and South East Asia, with 30+ years of experience in growing, export, import, retail and wholesale of fresh flowers in the region.
  • Black Tulip Flowers has taken the initiative to lead the way in implementation of eco-friendly practices that not only safeguards the environment but also supports local economies.
  • Black Tulip Flowers has also participated in the latest IFTEX (International Flower Trade Expo) event in Nairobi, Kenya, that hosts leading flower growers from around the world.

One World Products Issues Shareholder Update Letter Providing Review of 2022 and Business Outlook for 2023

Retrieved on: 
Wednesday, June 14, 2023

LAS VEGAS, NV , June 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- One World Products, Inc. (the “Company,”) (OTCQB: OWPC), the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia, today issued a shareholder update letter following the filing of its 10K Annual Report for its year ended December 31, 2022, on May 15, 2023.

Key Points: 
  • I remain as confident as ever in One World Products, having personally invested $3 million in the Company to-date.
  • I am pleased to provide the following detailed informational update, which outlines our achievements thus far and delineates our plans for the future.
  • Our cultivation facility encompasses approximately 30 acres and includes a covered greenhouse built specifically to cultivate high-grade cannabis and hemp.
  • In addition, we have forged agreements with local farming co-operatives that include small farmers and indigenous tribe members.

UPL exceeds 2022 cocoa & forests initiative goals, empowering farmers to grow more sustainably, equitably and profitably

Retrieved on: 
Wednesday, June 7, 2023

In 2022, UPL and its local partners supported over 92,242 farmers in Ghana and Côte d'Ivoire with an investment of US$355,857 to create a more sustainable, equitable, and profitable cocoa faming system.

Key Points: 
  • In 2022, UPL and its local partners supported over 92,242 farmers in Ghana and Côte d'Ivoire with an investment of US$355,857 to create a more sustainable, equitable, and profitable cocoa faming system.
  • This included training 16,450 cocoa growers in Good Agricultural Practices (GAPs), such as the use of sustainable crop protection inputs to increase yields and incomes.
  • UPL also expanded access to Village Savings and Loan Associations (VSLA) schemes to over 16,110 farmers, enabling them to save, invest in their practices, and uplift their livelihoods.
  • Working together with farmers, who are at the heart of what we do, we are making sustainable cocoa a reality.

UPL exceeds 2022 cocoa & forests initiative goals, empowering farmers to grow more sustainably, equitably and profitably

Retrieved on: 
Wednesday, June 7, 2023

In 2022, UPL and its local partners supported over 92,242 farmers in Ghana and Côte d'Ivoire with an investment of US$355,857 to create a more sustainable, equitable, and profitable cocoa faming system.

Key Points: 
  • In 2022, UPL and its local partners supported over 92,242 farmers in Ghana and Côte d'Ivoire with an investment of US$355,857 to create a more sustainable, equitable, and profitable cocoa faming system.
  • This included training 16,450 cocoa growers in Good Agricultural Practices (GAPs), such as the use of sustainable crop protection inputs to increase yields and incomes.
  • UPL also expanded access to Village Savings and Loan Associations (VSLA) schemes to over 16,110 farmers, enabling them to save, invest in their practices, and uplift their livelihoods.
  • Working together with farmers, who are at the heart of what we do, we are making sustainable cocoa a reality.

Fluence Selected as LED Technology Partner by Major Cannabis Cultivators in Growing Portuguese Market

Retrieved on: 
Thursday, February 2, 2023

Fluence , a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, is supporting widespread expansion of pharmaceutical-grade medical cannabis cultivation operations in Portugal.

Key Points: 
  • Fluence , a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, is supporting widespread expansion of pharmaceutical-grade medical cannabis cultivation operations in Portugal.
  • Key Leaves, a medical cannabis market leader in Portugal, is one of the 20 companies to have received a medical cannabis license from the Portuguese government.
  • The company’s commitment to accessibility, research and data-led product excellence brought it to Fluence when a lighting partner was needed for its Portuguese operations.
  • “The unmatched top-of-the-line product, market expertise and quality of service provided by Fluence’s in-house research and development team is the deciding factor for the many Portuguese cannabis companies that have chosen Fluence as their lighting technology partner.”
    For more information on Fluence, visit www.fluence.science .