Medical Cannabis Business & Marijuana Legal News in Other Regions

Ireland may legalize medical marijuana

John Schroyer  | December 2, 2016

Yet another country is now seriously considering legalizing cannabis for medical purposes: Ireland.

The small island nation’s parliament now has a bill before it to legalize MMJ, and the minority government announced that it would not stand in the way of the measure, Reuters reported Thursday.

The nation’s health minister “accepted the central …

Report: Canada’s MJ legalization could be ‘game changer’

Omar Sacirbey  | November 29, 2016

By 2021, Canada’s legalized adult-use cannabis market could have some 3.8 million legal consumers and sales of 6 billion Canadian dollars ($4.5 billion), according to financial analysts at Canaccord Genuity, an investment bank and research firm.

“Recreational upside could be a game changer,” said a report released Monday by Canaccord analysts Matt Bottomley and …

Landmark deal: Israeli companies team to market MMJ inhaler

Bart Schaneman  | November 29, 2016

Two Israeli companies have signed an agreement to market an inhaler for medical marijuana, signifying what looks to be the first time a major global pharmaceutical company has agreed to market an MMJ product.

Teva Pharmaceutical Industries Ltd. and Syqe Medical said they inked a distribution and cooperation agreement for Teva to exclusively market …

AR lawmakers consider delaying medical marijuana program

Bart Schaneman  | November 21, 2016

Arkansas lawmakers may delay the rollout of the state’s newly legalized medical marijuana program.

State lawmakers are discussing that along with a move to change how marijuana sales tax revenue will be doled out as well as adding an additional sales tax on cannabis, according to Arkansas Business.

Last week, Arkansas 

Denmark embarks on limited MMJ program but will import cannabis

Omar Sacirbey  | November 17, 2016

Beginning in 2018, medical cannabis will be legal in Denmark for 1,500 patients who suffer from chronic diseases.

But the Danish government currently plans to import the cannabis from state-run producers in the Netherlands, Business Insider Nordic reported. That isn’t going over well with some Danish farmers, who are lobbying their government to …

Another Canadian medical marijuana firm licensed to export

Bart Schaneman  | November 11, 2016

Aphria, a federally licensed medical marijuana cultivator in Canada, has been chosen to export product to Australian biotech company Medlab Clinical.

Medlab Clinical is conducting trials on the use of cannabis to manage pain in cancer patients, according to the Australian Associated Press, and will import a liquid blend of THC and CBD from …

Election Updates: Live coverage of marijuana measures across the country

Chris Walsh  | November 8, 2016

Marijuana Business Daily provided live updates on cannabis ballot measures and related news on Election Day (all updates in Eastern time).

3:45 a.m. Wednesday (Montana): Montana’s measure to legalize medical marijuana businesses is poised to win comfortably, as the initiative has garnered 56% of the vote with more than 80% of precincts reporting.

Australia’s MMJ market likely to develop slowly, with big players dominating

Bart Schaneman  | November 3, 2016

By Bart Schaneman

Cannabis entrepreneurs hoping to enter Australia’s new medical marijuana market will confront obstacles at the federal and state level, with industry observers predicting a limited number of big companies will come to dominate the business.

Australia’s MMJ market also is expected to develop slowly, given complex licensing procedures and strict, costly regulations.