Spain set to approve medical cannabis sales in pharmacies

A subcommittee in Spain’s Congress of Deputies approved a draft bill to regulate some medical cannabis sales in the country, sending the proposal to the Health Commission for another key vote this week.

Toronto-based Flowr exits Australia, Uruguay, Spain cannabis markets

Toronto-headquartered cannabis company Flowr Corp. is slashing its workforce and pulling out of noncore markets – including Australia, Uruguay and Spain – as part of a strategic review intended to put the business on firmer financial footing.

Respect ‘the real people’ in the cannabis industry: Q&A with Cookies CEO Berner

Cookies CEO Berner talks about the marijuana industry as well as how he built his brand for cannabis products and clothing line.

Canadian marijuana company Flowr receives initial creditor protection order

Canadian marijuana cultivator The Flowr Corp. received an initial creditor protection order from a Canadian court as the Toronto-based company tries to conduct a sale and solicitation process and exit creditor protection “as a going concern.”

Top CBD companies experience market share drop as online sales soften

The largest CBD companies in the U.S. experienced declining market share in the second quarter, as the return of in-person shopping triggered a decline in e-commerce sales.

Market share by revenue for the top 20 CBD brands shrank 2 percentage points, to 16%, versus the first quarter of the year, according to Chicago-based cannabis analytics firm Brightfield Group.

Cannabis company Flowr sells facility for proceeds of CA$3.4 million

Flowr Corp. is the latest Canadian cannabis company to sell off an unneeded facility, closing the sale of its Flowr Forest facility in British Columbia for aggregate proceeds of 3.4 million Canadian dollars ($2.6 million) — significantly less than what it invested in the outdoor and greenhouse cultivation site.

In Germany, big questions on recreational cannabis legalization still unanswered

Germany is forging ahead with plans to establish Europe’s first national recreational cannabis market, but details about the rules that will govern the industry remain scarce.

Canadian cannabis producer Flowr cuts 40% of staff, sells assets to save cash 

Canadian cannabis producer The Flowr Corp. eliminated 40% of its workforce and sold a large parcel of land in a bid to save cash.

Reliable and legal cannabinoid seeds in Europe: Q&A with Enecta’s Jacopo Paolini

Enecta co-founder and Chief Science Officer Jacopo Paolini discusses how his company developed a certified cannabinoid variety and how long it will take to see other cannabinoid-producing plants win government approval,

Canadian cannabis producer Flowr selling Portugal facilities to Akanda

Canadian cannabis producer The Flowr Corp. is selling its subsidiary Holigen Holdings, which owns two cultivation facilities in Portugal, to U.K.-based medical marijuana company Akanda Corp. in a deal worth roughly 35 million Canadian dollars ($28 million).

What’s on tap for marijuana tech platform Weedmaps’ parent: Q&A with CEO Chris Beals

WM Technology CEO Chris Beals discusses the company’s strong financial performance last year, what’s on tap in 2022 and how Weedmaps navigates the highly regulated marijuana sector.