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‘Massive step for country’ as Canada unveils rules for new cannabis products

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 of new products in December after the rules take effect Oct. 17. A wider selection will not be available […]

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Affiliate of Canadian firm Hexo wins Greek cannabis license

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 demand for medical cannabis in Europe. The affiliate, Hexo Med, is planning to construct a […]

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Quebec’s government-run cannabis stores lose CA$5 million

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. Receipts at Société Québécoise du Cannabis (SQDC) totaled roughly CA$71 million during that time. Sales […]

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Marijuana, hemp side by side at MJBizConNEXT & Hemp Industry Daily Conference in New Orleans

The cannabis industry is in New Orleans this week for MJBizConNEXT with attendees having the option to specifically focus on either marijuana or hemp – or both, for that matter. That’s because, for the first time, Marijuana Business Daily is hosting side-by-side conferences for both varieties of the cannabis sativa plant, Wednesday-Friday at the Ernest […]

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Ontario issues call for edible, alternative marijuana products

Ontario’s cannabis wholesaler has issued a call for new product categories – including marijuana edibles, beverages, topicals and extracts – to be introduced in Canada’s largest consumer market later this year. The Ontario Cannabis Store is inviting federally licensed producers to identify their ability to supply the new products. And, amid product shortages in the […]

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