Shares of Clever Leaves Holdings began trading on the Nasdaq on Friday, making the company the first cannabis producer with its main operations in Colombia to trade on a large U.S. stock exchange.
Alfredo Pascual
Alfredo Pascual's Latest Posts
Insurance-covered medical cannabis reimbursements decline again in Germany
Public health insurance reimbursements for cannabis in Germany have fallen for the second straight quarter.
Uruguay completes another large export of high-THC flower to Portugal
Uruguay-based Fotmer completed another large export of high-THC flower to Portugal at the end of November, according to Uruguayan customs records viewed by Marijuana Business Daily. The company declared two exports, each with a value of almost $1.3 million, on Nov. 24...
Switzerland moves toward broader medical cannabis access
The Swiss National Council – the country’s lower house – this week approved a Federal Council proposal to amend the narcotics law and make it easier for patients to access medical cannabis.
Mexico hits snooze on cannabis legalization until next spring
The Supreme Court of Mexico has again extended the deadline for legislators to comply with a mandate to legalize adult-use cannabis. Now Congress can legislate on this matter until the end of the next ordinary session period, which starts in...
First prescriptions of high-THC products imminent in Peru
Khiron Life Sciences – a Toronto-based company with its main operations in Colombia –Â announced Thursday that it completed the first export from Colombia of high-THC medical cannabis products.
Brazil postpones evaluation of CBD formulation for medical coverage
A government evaluation to include a specific CBD formulation in Brazil’s Public Health System (SUS) has been postponed.
Mexican Congress delays marijuana bill debate, pushing approval into 2021
The Mexican lower house decided to delay debating a marijuana legalization bill until the next legislative period, which starts in February 2021, local newspapers reported. Lawmakers said Tuesday they need more time to study the bill. The delays should serve as a...
Germany’s growing medical cannabis extract market attracts competition
Germany's market for medical cannabis extracts has shown meaningful growth this year, according to the latest reimbursement data available, and the gains have attracted new brands and products. While the number of flower prescriptions covered by statutory health...
Brazil official sees cannabis cultivation bill making progress in December
A Brazilian bill that would legalize medical marijuana and industrial hemp cultivation could soon have its first debate on the floor of the lower house of Congress, ahead of its expected approval in that chamber before the end of this year, federal deputy Paulo Teixeira told Marijuana Business Daily.
United Nations approves WHO recommendation to reschedule cannabis in historic vote
The United Nations Commission on Narcotic Drugs (CND) on Wednesday accepted a World Health Organization (WHO) recommendation to remove cannabis and cannabis resin from Schedule IV of the 1961 Single Convention on Narcotic Drugs.
PharmaCielo gets new CEO after revenue collapses; Khiron reports loss
PharmaCielo and Khiron Life Sciences - Toronto-based companies with their main operations in Colombia - reported losses this week for the quarter ending in September. PharmaCielo reported revenue of only 25,913 Canadian dollars ($20,000) for the quarter, down 97% from...
