Ontario-based cannabis firm CannTrust plans to establish a large outdoor grow operation in Canada to provide low-cost production inputs for extraction-based products. CannTrust “believes it will be a leader in outdoor growing capability, which will leverage its...
Canada’s direct cannabis market will double to 11 billion Canadian dollars ($8.2 billion) in the next six years, and flower market share will halve as consumption shifts toward noncombustible methods, according to research by Ernst & Young. While the accounting...
The Western Pacific island of Guam is set to become the second American territory to create a recreational marijuana industry, pending only the approval of Gov. Lou Leon Guerrero.
Ontario-based Canopy Growth is partnering with a Toronto cannabis company created by celebrities Seth Rogen and Evan Goldberg to sell branded flower, softgels and pre-rolled marijuana formats in the coming months. Canopy said the partnership with Houseplant - founded...
Tilray's facility in Portugal is expected to receive Good Manufacturing Practice (GMP) certification in the coming months, which the Canada-based cannabis company says will open the door for the first shipments from its European facility as early as this summer....
The second-largest beer maker in North America is once again warning its shareholders that the rising tide of legal marijuana could take a bite out of its profits. Denver-based Molson Coors said a decline in the consumption of its products could result in an adverse...
Two dozen of the leading cannabis companies in Canada collectively employ only 11 women on their boards, and most – including the market leaders – have not disclosed written policies relating to the identification and nomination of female directors.
A self-governing British Crown dependency in the English Channel updated its licensing regulations for CBD products and the cultivation of cannabis.
A legal medical cannabis industry could be in Romania’s future, according to the country’s finance minister.
Canada’s plan to apply a scaled tax to new cannabis products based on THC content could end up costing some patients more money and take a toll on the competitiveness of businesses, experts say.
One-click authentications of a website user’s age are not enough to ensure cannabis promotions cannot be accessed by young people, according to Health Canada, and the agency expects regulated parties to take corrective steps “in the coming weeks.”
Exports of medical cannabis from Canada soared last year as the country’s biggest licensed cannabis companies continued to establish beachheads in new medical markets overseas.
