Billionaire-backed Chinese firm plans Asia’s first e-commerce CBD platform
A company backed by United Kingdom billionaire Jim Mellon and Nuuvera co-founder Lorne Abony plans to establish what they say will be Asia’s first e-commerce platform focusing on CBD-infused products.
New Thailand medical marijuana regulations enable exports
Thai regulators have adopted key rules governing the production, distribution and export of medical cannabis, laying the groundwork for businesses looking to expand in the new industry.
Governor of US territory Guam signs recreational marijuana bill into law
Guam Gov. Lou Leon Guerrero signed the Cannabis Industry Act into law Thursday, clearing the final legislative hurdle for the creation of a new industry for entrepreneurs on the Western Pacific U.S. island.
Guam’s Senate approves legal foundation for adult-use cannabis industry
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.
Canadian medical cannabis exports tripled last year, as race for European market position intensifies
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.
Australian medical marijuana revenues could hit AU$36 million in 2019
Australia’s medical cannabis market could surpass 15,000 patient application approvals by the end of this year, with industry revenues totaling roughly 36 million Australian dollars ($25 million), according to an analyst’s forecast.