Canadian cannabis producer Canopy Growth on Friday reported a shake-up to its board of directors, a lower third-quarter loss and a “singular focus” on marijuana.
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Jones Soda, Tilray partnering to bring Mary Jones cannabis drinks to Canada
Seattle-based Jones Soda Co. is partnering with licensed producer Tilray Brands to bring infused-beverage brand Mary Jones to the Canadian market, starting in Ontario.
Aurora Cannabis acquires MedReleaf Australia in bigger bet on medical
Aurora Cannabis has acquired the remaining 90% equity interest of MedReleaf Australia it didn’t already own, giving the Canadian marijuana producer a bigger foothold in one of the world’s biggest federally regulated medical markets.
Canadian cannabis firm MediPharm receives Brazilian GMP certification
MediPharm Labs Corp.’s facility in Barrie, Ontario, received Good Manufacturing Practice (GMP) certification from Brazil’s National Sanitary Surveillance Agency for the production of finished cannabis goods.
German cannabis company Avextra raises 20 million euros
German medical cannabis company Avextra closed a funding round totaling more than 20 million euros ($21.5 million).
Curaleaf International acquires Polish medical cannabis company
Curaleaf International has acquired Polish medical cannabis operator Can4Med, giving the London-based company a foothold in one of Europe’s most promising medical marijuana markets.
Canada’s cannabis law review on schedule for spring release
A panel of experts scrutinizing Canada’s federal Cannabis Act is on schedule to release its review and recommendations this spring, the country’s national regulator told MJBizDaily.
Akanda signs nonbinding deal to sell Portuguese cannabis firm for $2 million
International medical cannabis company Akanda Corp. has entered into an amended nonbinding letter of intent to sell RPK Biopharma Unipessoal, its Portuguese subsidiary, to Somai Pharmaceuticals.
Israel’s new rules might spur growth in medical cannabis industry
New rules implemented in January by Israel’s Ministry of Health to ease the path for physicians approving medical cannabis – along with further regulatory changes later this year – are expected to spur growth in the nation’s industry, local experts told MJBizDaily.
Malta’s first adult-use ‘cannabis club’ begins recruitment, sales
Malta’s first adult-use “cannabis club” opened this week, a little more than two years after the European Union country adopted a law that liberalized its marijuana rules.
Smitherman steps down from Canadian cannabis lobby group
George Smitherman, the longtime executive director of the Cannabis Council of Canada, is stepping down, and the organization is immediately commencing a search for his replacement.
Cannara Biotech reports record cannabis sales in first quarter
Cannara Biotech, a vertically integrated cannabis producer based in Montreal, reported record sales of 19.5 million Canadian dollars ($14.6 million) for the three-month period ended Nov. 30.
