Asia & Oceania Cannabis Industry & Marijuana Business News

New Zealand’s adult-use cannabis referendum is set for September

New Zealand has scheduled a date for its next general election, which will coincide with a referendum on the legalization of recreational cannabis. On Sept. 19, New Zealanders will be asked to answer the straightforward question, “Do you support the proposed Cannabis Legalization and Control Bill?” Two options will be on the ballot: “Yes, I […]

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Realistic expectations for New Zealand’s cannabis market: Q&A with Rua Bioscience CEO Manu Caddie

With the launch of New Zealand’s medical cannabis program two months away and a referendum to legalize adult-use marijuana slated for later this year, businesses from around the world already have their sights set on the Oceanic market. New Zealand’s Medicinal Cannabis Agency will become operational April 1, when regulations laying the industry’s regulatory foundation […]

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No edibles under New Zealand’s medical cannabis scheme, government says

Businesses will be barred from marketing cannabis edibles under New Zealand’s medical program, which kicks off in April, the government confirmed to Marijuana Business Daily, eliminating for now the opportunity for companies to capitalize on what could be a sizable market. Some businesses had believed that doctors would be allowed to prescribe edibles. A Health […]

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Report: Thailand issues 442 medical cannabis licenses, but full market access years away

Thailand is on track to be competitive in the nascent Asian medical marijuana and hemp markets, but the full commercialization of the sector and liberal access for private businesses is not likely to be implemented before 2024, according to a new report. The country’s medical cannabis market is characterized by high potential, fast regulatory developments […]

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New Zealand to overturn cannabis vaporizer ban, clearing the way for imports

New Zealand plans to reverse a law banning cannabis vaporizers before new regulations kick in for the launch of the country’s medical program in April, Marijuana Business Daily has learned. “Currently, vaporizers are prohibited under the Misuse of Drugs (Prohibition of Cannabis Utensils and Methamphetamine Utensils) Notice,” a Health Ministry spokesperson told MJBizDaily. The “cabinet has […]

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European Commission proposes unified EU vote on WHO cannabis scheduling recommendations

In advance of the March session of the United Nations Commission on Narcotic Drugs (CND), the European Union’s executive branch has proposed that EU member nations vote in favor of three of the six World Health Organization (WHO) cannabis scheduling recommendations. The European Commission “Proposal for a Council Decision” is meaningful because – if adopted by […]

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Top 10 global cannabis stories of 2019: WHO backs rescheduling, Linton out at Canopy, Canadian firms eye US & more

Cannabis markets in Canada and elsewhere in the world went on a roller-coaster ride in 2019, as irrational expectations gave way to more realistic market assessments. Global medical marijuana markets, corporations and top executives experienced breakthroughs and setbacks this past year. That’s the gist of the 10 most widely read business stories carried by Marijuana Business Daily […]

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New Zealand finalizes groundwork to launch medical cannabis industry in April

(This story has been updated to reflect new information from the Health Ministry.) New Zealand completed the regulatory foundation for its medical cannabis sector this week, making a key concession by not requiring specialist approval for prescriptions. When the new rules take effect April 1, 2020, all general practitioners will be able to prescribe medical cannabis […]

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Australia launches inquiry into medical cannabis access

Australia’s Senate is launching a formal inquiry into issues involving patient access to medical cannabis. Limited access to medical marijuana has restricted the accessible domestic market in Australia. Improvements to availability pathways and regulatory overlap could brighten business prospects for local entrepreneurs. The Community Affairs References Committee’s inquiry will examine the degree of patient access […]

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Western Australia cuts red tape for medical cannabis in boost for patients, industry

Australia’s westernmost state is making it easier for patients to access medical cannabis. Western Australia said it will allow general practitioners to prescribe medical marijuana without the need for referral to a specialist, bringing the state in line with other jurisdictions, including New South Wales, Queensland and Victoria. The state is expected to see a […]

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