Ontario’s government-run provincial cannabis retailer will use Shopify’s software platform to process recreational marijuana sales online and in brick-and-mortar stores. Shopify is an e-commerce company based in Ontario. It is traded on the Toronto Stock Exchange...
A first-of-its-kind study focusing on the marijuana industry raises questions about financial reporting and accounting practices in the marijuana industry.
Israel Prime Minister Benjamin Netanyahu has suspended reforms on plans to allow cannabis growers to export their product due to concerns that MMJ could find its way to the black market. One Canadian company that expanded to Israel last year, Stayner, Ontario-based...
Ontario is weighing recreational cannabis consumption in hotels, lounges and RVs, a move that would create a “‘potentially huge” new tourism industry in Canada’s most-populous province if the rules are adopted, according to industry leaders. The proposals are part of...
Tilray said it raised 60 million Canadian dollars ($47 million) in financing that will allow the licensed producer to ramp up marijuana production capacity nearly fivefold this year to meet demand in Europe and Canada’s rapidly expanding medical cannabis markets. The...
A lawmaker with South Korea’s ruling Democratic Party is attempting something that would have been unthinkable even one year ago in the socially conservative country — legalizing and regulating medical cannabis. Rep. Shin Chang-hyun introduced a bill to revise the Act...
India’s leading purveyor of traditional medicine is trying to pry open the country’s medical and industrial cannabis markets and, in doing so, create the largest medical marijuana market in the world. Hundreds of scientists employed by Patanjali Ayurved Limited are...
Two Alberta-based companies are coming together to form, at least for now, one of the largest privately owned networks of retail cannabis outlets in Canada. Aurora Cannabis is shelling out 103.5 million Canadian dollars ($82.5 million) for a 19.9% ownership interest...
British Columbians in the market for recreational cannabis will have a choice between privately run and government-operated retail stores when legalization lands this summer, opening the door to potentially hundreds of legal retail opportunities. But the government...
Cronos Group unveiled its Australian joint venture and the first phase of a 10-million-Australian-dollar ($8 million) production facility, the latest move by a Canadian company to carve out opportunities to meet demand Down Under and position itself to capitalize on...
As Canadian medical cannabis stocks plunge from their record highs, analysts say the volatility could dampen the mood for mergers and acquisitions and access to blazing capital markets for some companies – at least until stability sets in. Since peaking in early...
New Zealand's Parliament advanced a bill that would lay the groundwork for a regulated medical cannabis industry but rejected a separate bill that would have established a more full-fledged market and allowed home cultivation. If the government’s bill wins final...
