Maricann Group announced a double-dose of positive news this week. The Toronto medical marijuana producer and distributor (Canadian Securities Exchange: MARI) said it agreed to purchase biotech company NanoLeaf Technologies for 38.5 million Canadian dollars ($30...
Canada has added two more licensed medical cannabis companies, bringing the total number of approved LPs to 54. The latest to win approval are Experion Biotechnologies of Vancouver, British Columbia, and Zenabis of Atholville, New Brunswick. The pair bring to nine the...
By Matt Lamers A lack of clarity over regulations governing Canadian marijuana stock listings with exposure in the United States has had an impact on how some of the nation's MJ companies do business. Industry executives said the uncertainty has affected everything...
Canada’s cannabis industry and investors looking for clarity from TMX Group over its stance on MJ companies with U.S. assets will have to keep waiting. TMX said in a news release Thursday it's holding talks with Canada's provincial and territorial securities...
A date finally has been set for a British Columbia courtroom to hear a case involving the first of 53 injunctions Vancouver has filed against unlicensed medical marijuana dispensaries operating within the city. Karuna Health Foundation will serve as a "test case" for...
By Matt Lamers Canadian medical marijuana producer Tilray will invest 30 million Canadian dollars ($24 million) to convert an Ontario pepper farm into one of the nation's largest MJ production facilities. The project's initial phase will give Tilray a fivefold...
The Canadian holder of a license to cultivate medical marijuana in Florida plans to expand its production capacity in the state by more than 35 times to capitalize on the launch of the Sunshine State's full-fledged MMJ market. Liberty Health Sciences, which is based...
One of Canada's largest licensed medical marijuana producers doubts all the provinces will have networks of retail MJ stores ready for takeoff when the country legalizes recreational cannabis next summer - and so the company is readying its own mail-order platform....
Aphria is increasing its stake in the booming cannabinoid-based extracts market with an 11.5 million Canadian dollar ($9 million) investment in Scientus Pharma, a vertically integrated biopharmaceutical company. Toronto-based Scientus Pharma conducts research and...
By Matt Lamers
There’s no denying the massive potential of the global medical marijuana market: A recent report pegged it at 180 billion Canadian dollars ($142 billion) over the next 15 years.
But going overseas is fraught with pitfalls, barriers and red tape. Canadian MMJ businesses, however, are export pioneers and can offer valuable guidance.
After consulting experts on the production, distribution and sale of recreational marijuana, Quebec is asking the public to weigh in on a range of issues that will guide Canada’s second-largest province in developing MJ legislation to be offered this fall.
By Matt Lamers
Canadian medical cannabis exports are surging, driven by licensed producers that are using overseas shipments as a way to establish local partnerships and gain a foothold in foreign markets.
In particular, exports of dried medical marijuana and MMJ oil products from Canada have soared since 2015.
