Asia & Oceania Cannabis Industry & Marijuana Business News


Australian Senate committee issues report on medical cannabis barriers

An Australian Senate committee wrapped up its inquiry on barriers to regulated medical cannabis and published its final report this week. Any improvements to regulatory overlap and availability pathways to locally produced products could brighten business prospects for entrepreneurs. The committee’s final report came with 20 recommendations, covering a range of areas. including: More education for […]

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Australia to increase scrutiny of imported medical cannabis

The regulatory body for therapeutic goods in Australia plans to expand the number of quality inspections involving imported medical cannabis in the coming months. Over 90% of prescriptions and approvals are being supplied by imported products, industry group Medicinal Cannabis Industry Australia (MCIA) previously told Marijuana Business Daily. The Therapeutic Goods Administration (TGA) says applications […]

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Postponed vote on WHO cannabis recommendations reveals international disagreements, uphill battle ahead

The 63rd session of the United Nations Commission on Narcotic Drugs (CND) in Vienna this week laid bare deep divisions in the international community over the World Health Organization (WHO) cannabis scheduling recommendations. Rather than voting on recommendations that would have far-reaching implications for the global cannabis industry, the CND postponed the vote to December. The […]

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Expected delay in vote on WHO cannabis scheduling recommendations spurs US official to express ‘regret’ over decision

A United Nations drug policy agency this week is expected to postpone a vote on the World Health Organization’s cannabis scheduling recommendations, prompting a U.S. representative in Vienna to voice “regret” over the delay. Several other countries, however, welcomed the expected postponement of the vote until December. The expected delay by the United Nations Commission […]

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Concerns looming over coronavirus impact on cannabis industry, but some US firms could gain from fallout

Marijuana and hemp companies of all stripes – from growers to retailers – are likely to join other global industries feeling the fallout from the coronavirus outbreak. That’s largely because so much inexpensive cannabis hardware is made in China but also stems from the economic shock the virus is inflicting on the world economy, industry […]

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Deadline looms for Guam’s recreational cannabis rules

Guam’s Cannabis Control Board is preparing a public hearings schedule to discuss draft regulations to govern the territory’s adult-use marijuana industry. The board has met weekly since early last year to come up with the proposed rules and regulations, which are required by law to be finalized in April 2020. The board has not yet […]

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Australian firm signs binding cannabis supply deal with Germany’s Demecan

Perth, Australia-based Little Green Pharma has signed a binding three-year supply deal with German medicinal cannabis company Demecan. The purchase agreement with Demecan is for any combination of 1,000 kilograms (2,200 pounds) of dried flower or 48,000 units of medical cannabis oil per year. The agreement kicks in with the first commercial shipment, which is […]

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New Zealand hosts medical cannabis workshops for industry, aboriginal stakeholders

New Zealand regulators are hosting a series of workshops starting this week to give aboriginal and industry stakeholders the information they need to prepare applications for federal medical cannabis licenses – including cultivation, research and supply. The workshops will take place in February and March at six locations throughout the country. A session for Maori […]

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Former UN drug policy chief joins Thai cannabis company as president

A former head of the United Nations body responsible for international drug treaty compliance has been hired as president of Thailand’s leading medical cannabis company, lending a significant voice to the global credibility of the industry, especially in Asia, according to experts. Viroj Sumyai will take the reins of Thai Cannabis Corp., effective immediately. “Over […]

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