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‘Virtually all’ alcohol firms eyeing cannabis: Q&A with ex-Coors exec & new Sundial CEO

Alcohol companies should be watching their backs. That’s the warning from Torsten Kuenzlen, a former executive for The Coca-Cola Co. and Molson Coors. In his opinion, legal cannabis has an obvious competitive advantage over alcohol products. “All alcohol is consumed only as a liquid. Cannabis meets more consumer needs and motivations in the way that it’s […]

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Marijuana-related firm inks sales deals with Walmart, Home Depot & Amazon

Denver-based American Cannabis Company, a B2B consulting and ancillary marijuana products firm, said it signed a distribution deal to sell two cultivation-related products via the online stores for Walmart, The Home Depot and Amazon. American Cannabis Company plans to use the online retail platforms to sell SoHum Living Soils potting mix and Doctor Marijane Root Probiotic, the […]

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Saskatchewan plans retail ‘lottery’ for recreational cannabis licenses

Saskatchewan’s new business-friendly framework for recreational cannabis sales calls for the establishment of 51 privately owned stores no later than 12 months after legalization. Retail applicants in Saskatchewan must complete a two-part process that will include initial screening and entry into a lottery of qualified applicants. The number of retail sales licenses will be capped at 51 […]

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British Columbia leads Canada in ‘refused’ marijuana producer applications

More businesses have been denied medical cannabis cultivation licenses in British Columbia than in any other province in Canada, according to new data provided to Marijuana Business Daily by Health Canada. British Columbia accounted for 100 of the 268 applicants that have been turned down across the country. Ontario, which has the most producers and […]

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Greece looks to draw billion-dollar investments after legalizing medical marijuana

After the Greek parliament approved a law for the cultivation and sale of medical cannabis this month, five international companies already have expressed interest in pumping over 1 billion euros ($1.2 billion) into the country’s burgeoning sector. However, investments will largely depend on the secondary legislation that has yet to be developed, according to the […]

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Tiny Lesotho looks to become African staging ground for medical marijuana businesses

A landlocked nation in southern Africa is on the cusp of opening major medical cannabis opportunities both domestically and internationally, provided government and businesses overcome near-term obstacles. The opportunity for Lesotho’s economy to become a supplier of medical cannabis and ancillary services to other countries in Africa where medical cannabis laws are in the works – […]

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