Hours after Constellation Brands announced its marijuana-industry-record investment of 5 billion Canadian dollars ($3.8 billion) in Canada’s Canopy Growth, experts told cannabis entrepreneurs and investors at MJBizConINT’L in Toronto on Wednesday that global cannabis business opportunities will rapidly accelerate. The move by Constellation – which owns, distributes and markets 100 beer, wine and spirits brands, including Corona and Robert […]Read More
There is no end in sight to business opportunities in the multibillion-dollar international cannabis industry, experts said Tuesday as the inaugural MJBizConINT’L kicked off in Toronto. More than 2,000 marijuana entrepreneurs and investors from 31 countries are gathering for the three-day, international-focused conference to explore strategies that include: Tapping into international investment capital. Building a global cannabis […]Read More
A result of Israel’s delay in allowing MMJ exports, one company to move some of its greenhouse operations to the EU. Other companies many follow suit.Read More
North American marijuana entrepreneurs who believe it’s too early to look at international opportunities should reconsider their position.Read More
Just one month after its enactment, Zimbabwe is hitting pause on its medical cannabis program to rectify multiple issues with the original law. The country’s MMJ program has been put on hold over compliance issues with various United Nations treaties as well as domestic accessibility issuesRead More
Canada’s largest medical cannabis companies are ponying up tens of millions of dollars to get a piece of Southern Africa’s burgeoning MMJ market. Some of the country’s largest players – including Canopy and Aphria – have announced deals in the region.Read More
Zimbabwe legalized the cultivation of cannabis for medicinal and scientific purposes, making it only the second country in Africa to lay the groundwork for a medical marijuana industry. Details of the country’s cannabis regulations were announced in the government gazette on Friday, according to Zimbabwe’s state-owned newspaper, The Herald. (The gazette prints official notices and […]Read More
A company in southern Africa has sent the first-ever shipment of medical cannabis from Africa to Canada, a milestone that illustrates how global the international MMJ industry has become in recent years.
The medical cannabis was shipped from the landlocked nation of Lesotho on March 26 and is expected to arrive at its destination in Vancouver, British Columbia, in the coming days, Marijuana Business Daily has learned.Read More
The first country in Africa to regulate medical marijuana has attracted another significant international investor, this time from a large Canadian licensed producer. Toronto-based Supreme Cannabis will invest 10 million Canadian dollars ($7.7 million) for a 10% stake in Medigrow Lesotho, the companies announced in a news release. Based in the Kingdom of Lesotho in […]Read More
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 – […]Read More
Toronto-based Nuuvera has signed an offtake agreement with Verve Dynamics, a licensed medical cannabis producer in the kingdom of Lesotho.
Lesotho, a landlocked country located within the borders of South Africa, was the first African country to regulate the cultivation and production of medical marijuana products.Read More
Mergers and acquisitions in Canada’s marijuana sector are showing no signs of letting up.
The latest deal brings together one of the largest and lowest-cost medical marijuana producers in Canada and a company with an extensive international footprint.Read More
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