Asia & Oceania Cannabis Industry & Marijuana Business News

Singapore looks to develop national strains of synthetic medical cannabis

Singapore is investing millions of dollars in a medical cannabis research program that will explore treatments for a range of diseases, including those related to metabolism, reproduction and the age-related diseases Alzheimer’s and Parkinson’s. It’s part of a 25 million Singapore dollar ($19 million) research initiative called the Synthetic Biology Research and Development Program that […]

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Australia plans to allow medical cannabis exports

The Australian government plans to allow exports of medical marijuana in an attempt to grab a piece of growing demand for MMJ worldwide. Regulations currently banning exports of medicinal cannabis products will be removed when Parliament resumes in February, according to ABC News. The broadcaster reported that the changes will cover marijuana-based oils, patches, sprays, lozenges […]

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Israeli medical cannabis company partners with DC cultivator

A medical marijuana company in Israel that already has a business presence in the United States is expanding that footprint by partnering with a Washington DC-based MMJ grower. Tikun Olam, an Israeli MMJ firm that specializes in genetics, said in a news release that it’s going into business with Alternative Solutions, one of the few […]

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New Zealand makes move to legalize medical marijuana

A bill to legalize medical marijuana in New Zealand will be introduced this week in the nation’s Parliament, and it will be done by the country’s health minister, a move that signals serious political support for MMJ. Not many details have been released yet about the legislation or what type of industry infrastructure it would […]

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Medical marijuana cultivation now an official farming sector in Israel

Israel is classifying medical marijuana cultivation in the same farming sector as traditional agriculture. The Agricultural Ministry’s decision means up to 20 farmers will qualify for government aid in the form of grants, water quotas and training, The Jerusalem Post reported. The reclassification of Israel’s MMJ farmers follows an August announcement that the nation plans […]

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MA holding company helps Israeli MMJ firm expand US reach

Medical marijuana research firm Tikun Olam has expanded its partnership with a canna-centric Massachusetts holding company that will eventually increase the Israeli business’ U.S. footprint to seven states. Under its new agreement with Newton, Massachusetts-based holding company MariMed, Tikun Olam’s MMJ products will be grown, manufactured and sold in four states where MariMed has a presence – […]

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Latest medical cannabis market launches Down Under

Medical marijuana is now legal on the island state of Tasmania, which is technically part of Australia. The limited program launched Friday, according to the Hemp Gazette, with patients able to purchase MMJ only through pharmacies. But the spread of new medical marijuana markets on a global scale is yet another indication the industry isn’t […]

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Israeli, Canadian firms partner to run four US marijuana facilities

An Israeli medical marijuana company is teaming up with a Canadian firm with the goal of opening four MMJ production facilities in the United States. Israel-based Panaxia and the Canadian Bioceutical Corp. have signed a contract in which CBC will finance the four projects while Panaxia will oversee construction and then manage the operations, Israeli […]

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Research pioneer Israel approves exporting medical marijuana

Israel has approved the export of medical marijuana, and some 500 growers have applied for licenses to ship MMJ to other countries. In approving MMJ exports, a committee of representatives from the finance and health ministries estimated that Israel’s economic potential from medical cannabis exports could reach 1 billion shekels to 4 billion shekels a […]

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Australian medical cannabis firm targets Balkans

A medical cannabis company in Perth, Australia, has signed a distribution agreement with a Slovenian company to expand the MMJ market in Europe. Under the deal, Australia-based MGC Pharmaceuticals will grow and process cannabis at its cultivation and extraction sites in Europe and then wholesale the products to Mikro+Polo, according to the Business News of […]

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