RotoGro: the triple threat poised for Canada's recreational cannabis market ASX ANNOUNCEMENT 29 OCTOBER 2018 RotoGro International Limited (ASX:RGI) has today entered into a definitive share purchase agreement with Valens GroWorks Corp. (CSE:VGW) to acquire all of the issued and outstanding shares in the capital stock of Supra THC Services Inc. The development is a major coup for RGI, with the SPA giving the company cultivation, technology and agricultural services that generate revenue in their own right. Under the agreement, both RGI and VGW will collaborate on an offtake agreement for the sale and purchase of cannabis produce at the new RGI facility. Thanks to the SPA, RGI is a unique ‘triple threat’ when compared to market peers. This is a particularly advantageous development for the company, with key analysts already flagging the potential for a huge supply gap in the Canadian recreational cannabis market. A recent report by the C.D. Howe Institute projects that current suppliers will meet just 30-60% of the nationwide demand (610 tonnes). Anindya Sen, who is an economics professor at the University [...]

ABC Radio National – Background Briefing Attack of the algorithms Robot Traders – High-Frequency Trading There's mounting concern in the world's financial markets about the influence of High Frequency Trading. This so called 'robot trading' was responsible for the Flash Crash of 2010 and in August this year, the US company, Knight Capital, lost $440 million when a trading algorithm 'went rogue'. Robot traders are dominating stock markets using high speed computer algorithms. Human traders and government regulators can’t keep up, and markets could be one programming glitch away from the next big crash. Stan Correy investigates. Program Audio ______________________________________________________ ABC Background Briefing is daring narrative journalism: Australian investigations with impact. Our award-winning reporters forensically uncover the hidden stories at the heart of the country’s biggest issues. ______________________________________________________