South Korea is looking to become the first country in East Asia to legalize medical cannabis, marking a significant milestone in the global industry and a potential turning point in how the drug is perceived in traditionally conservative societies.
Matt Lamers
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Bermuda set to open door to medical cannabis investments
Bermuda plans to allow medical marijuana production and is inviting international companies to partner with local entrepreneurs to participate, according to recent statements by Premier David Burt. The government has tapped one of the biggest medical cannabis...
Greece issues first private company licenses to grow medicinal marijuana
Greece awarded its first marijuana grow licenses to two privately owned companies, opening cultivation and ancillary opportunities to international and domestic medical cannabis companies. Already, companies are lining up to pump more than 1 billion euros ($1.1...
Smooth ride expected for Mexico’s cannabis legislation, experts say
Mexico’s move to legalize medical and recreational marijuana could create a market “at least three times larger” than Colombia’s, according to industry executives and analysts, who do not expect the proposed law to see significant resistance from lawmakers. Olga...
Israel advances medical marijuana export law
An Israeli government committee approved the first draft law on the export of medical cannabis, an important step toward the government's long-delayed plan to foster an MMJ export industry. The draft law was vetted by the Internal Affairs Committee, headed by Yoav...
Lawsuit throws German cannabis program into limbo; deadline delayed to Dec. 11
Another lawsuit challenging the application process to grow medical cannabis in Germany could throw the already-delayed domestic cultivation plans even further into a state of uncertainty.
In an update to the public tender, the German Federal Institute for Drugs and Medical Devices (BfArM) disclosed a lawsuit filed in the Dusseldorf Higher Regional Court (OLG Dusseldorf).
Exec: Aurora Cannabis to expand in US ‘moment it becomes allowable’
Canada’s leading medical cannabis company by revenue is ready to expand into the United States “the moment it becomes allowable,” one of its executives said at MJBizCon in Las Vegas. Marc Lakmaaker, vice president of Alberta-based Aurora Cannabis, discussed the...
Aurora ‘expects sufficient supply’ of marijuana to meet adult-use demand
Aurora Cannabis expects to have sufficient supply next year to meet demand in Canada’s shortage-ridden recreational marijuana market, according to a regulatory filing the Alberta company released Monday alongside its quarterly results. Aurora - one of Canada’s largest...
Canada’s LGC buys large stake in Italian ‘cannabis light’ pioneer EasyJoint
Toronto-based investment firm LGC Capital is buying nearly half of Italy’s “cannabis light” pioneer EasyJoint for 4.8 million euros ($7.15 million Canadian dollars) in cash and stock, as the companies set their sights on expansion into the broader European and...
Aphria seeks EU GMP certification before closing deal for German distributor
Aphria, one of Canada's largest medical cannabis companies, aims to obtain an essential European quality standard certification before closing its deal to buy a large distributor of pharmaceutical products in Germany. Aphria announced last week its intention to buy...
92% of licensed marijuana producers pass sales inspection as Health Canada boosts capacity
As Canadian licensed producers of medical cannabis scrambled to increase cultivation capacity in the months leading up to recreational legalization, the agency responsible for regulating marijuana cultivation was busy ramping up inspections and issuing new licenses....
Ontario Cannabis Store sticks to ‘Plan A’ despite lengthy delays
A contingency plan developed by the Ontario Cannabis Store (OCS) to cope with a rotating strike by its exclusive shipper has not been put into action, leading to lengthy shipping delays and thousands of customer complaints. The OCS previously said its contingency plan...
