Marijuana was the most widely used drug around the world in 2017, with an estimated 188 million consumers that year, according to a new report from the United Nations. The 2019 World Drug Report provides an overview of the international supply and demand of cannabis,...
Canada’s largest business association is throwing its weight behind the cannabis industry. Canada must do more to realize the full economic potential of the country’s marijuana sector, according to the Canadian Chamber of Commerce. The Chamber...
As Canada’s biggest cannabis producers lose money hand over fist, companies that execute successfully in their home country and overseas are poised to stand out. One such company is Organigram. The New Brunswick-headquartered producer is laying the groundwork to...
Adult-use cannabis sales in Canada’s largest consumer market more than doubled in April on the back of new store openings, representing “powerful evidence” of pent-up demand for regulated marijuana after months of stagnation, according to experts. Receipts of...
A company operating Canada’s first mobile app marketplace for alcohol is extending its reach to the nation's regulated adult-use cannabis industry. Toronto-based Boozer on Thursday unveiled its wholly owned subsidiary, Super Anytime, which aims to provide a...
Canada’s federal health regulator is proposing a new category of cannabis that could potentially open up a huge market in which marijuana is used for the therapeutic treatment of humans and animals for minor ailments. Health Canada is asking the public to submit...
Canada’s biggest pharmacy franchise, Shoppers Drug Mart, is teaming up with TruTrace Technologies to develop a blockchain-secured pilot program for the medical cannabis industry. The companies hope the partnership will result in more standardized medicine, as well as...
Canada unveiled final regulations Friday that will enable the sale of cannabis edibles, extracts and topicals later this year, unlocking what is forecast to be a multibillion-dollar federally regulated industry. Businesses expect to start shipping a limited selection...
An affiliate of Quebec-based cannabis producer Hexo has received a license allowing it to establish cultivation, processing and manufacturing facilities in Greece, the company announced Thursday. Greece aims to compete with Denmark, Portugal and Malta as a hub to meet...
A company backed by United Kingdom billionaire Jim Mellon and Nuuvera co-founder Lorne Abony plans to establish what they say will be Asia’s first e-commerce platform focusing on CBD-infused products.
Quebec’s recreational marijuana retailer lost nearly 5 million Canadian dollars ($4 million) in its first fiscal year, citing supply challenges and build-out costs. The fiscal year ran from October 2018 - when adult-use cannabis was legalized - through March 30....
Daniel Franklin, editor of The Economist, chats with Marijuana Business Daily about cannabis legalization, policy and global trends.
