Marijuana Cultivation

Provincial Preview: British Columbia poised to play major role in Canada’s cannabis industry

Cannabis businesses in British Columbia can leverage decades of market experience in cultivation, retail and research and development to maintain their dominant position in Canada’s marijuana industry when recreational use becomes legal later this year.

The province’s multibillion-dollar gray market includes hundreds of dispensaries and at least 4,000 licensed personal growers.

But how much of that will shift to the regulated market when it rolls out?

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Zimbabwe legalizes cannabis cultivation, becomes second African nation to adopt MMJ

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 […]

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Medical cannabis firm AltMed lands $35.4 million to bolster US, international growth

Alternative Medical Enterprises, a multistate medical marijuana producer and dispensary operator, has secured $35.4 million in a private placement financing from a Pennsylvania-based investment group. The massive investment will allow the Sarasota, Florida-based firm to launch a major expansion in the United States and internationally, said Matthew Duffy, president and chief operating officer of the […]

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Weathering California’s marijuana transition: Q&A with cultivation expert Kristin Nevedal

In the patchwork world of U.S. cannabis laws, California’s move toward a more highly regulated market is a “rodeo” worth watching, says Kristin Nevedal. The chief compliance officer at SunFed, the parent company of California-based Humboldt’s Finest, has been on the front line of the Golden State’s transition to a fully legal market. While California […]

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British Columbia under pressure to pass key cannabis legislation within days

British Columbia’s minority government will be under the gun to pass key cannabis legislation once it’s introduced in the province’s Legislative Assembly on Thursday. That’s because the legislature will have only 12 more days during the spring session before breaking for the summer – with about 20 other bills also under consideration. Thursday’s bill is […]

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Canadian marijuana cultivation applications top 500 for first time

The number of active applicants in the pipeline to cultivate medical cannabis in Canada has surpassed 500 for the first time. As of March 31, the number of applicants stood at 509, according to data provided to Marijuana Business Daily by Health Canada, an increase from the 463 reported in November. The jump in applications comes […]

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Marijuana heavyweights unite to form industry group in Canada

Two Canadian medical marijuana groups, which include most of the country’s top cultivators, have teamed up to address critical issues affecting businesses and patients across the country with a united voice. Cannabis Canada Association, which counts close to 60 of Canada’s 102 licensed producers as members, including industry-leader Canopy Growth, partnered with the Canadian Medical […]

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19 vie for pair of North Dakota medical marijuana cultivation permits

Nineteen applications were submitted in North Dakota for two medical marijuana cultivation licenses, with each applicant ponying up a $5,000 fee to be a grower in one of the nation’s newest and smallest MMJ markets. The deadline for businesses to throw their hats in the ring was Monday morning, KFGO reported. State health department officials will […]

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Week in Review: Pennsylvania flower sales, Oregon’s cannabis surplus & MassRoots’ big losses

Pennsylvania’s medical cannabis dispensaries get the OK to sell flower for vaping, Oregon’s marijuana glut is hurting the state’s smaller growers, and MassRoots reveals that its losses widened to $44 million in 2017. Here’s a closer look at some notable developments in the marijuana industry over the past week. Positive in Pennsylvania The announcement that […]

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US-focused marijuana company agrees to purchase Canadian grower

A Toronto-based marijuana company focused on U.S. recreational and medical cannabis markets plans to spend about 23 million Canadian dollars ($18.3 million) in cash, stock and warrants to acquire a small licensed producer in Ontario. MPX Bioceutical agreed to acquire Peterborough-based Canveda for CA$3 million in cash, CA$15 million in stock plus the issuance of 6 […]

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After decriminalizing cannabis, Antigua preps full legalization

One month after decriminalizing cannabis, the tiny Caribbean nation of Antigua and Barbuda is drafting legislation to legalize recreational and medical marijuana sales. The Misuse of Drugs (Amendment) Act, 2018, published in the Official Gazette on March 5, amends the Misuse of Drugs Act to state that “a person who is in possession of a maximum […]

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Aurora to build Alberta marijuana production facility with eye on exports

One of Canada’s top licensed producers unveiled plans for its largest cultivation facility, with a “significant proportion” of the new production slated to address a “massive” supply shortfall for medical cannabis overseas. Aurora Cannabis plans to build the 1.2-million-square-foot facility in Medicine Hat, Alberta, to take advantage of the “sunniest city in Canada” and save […]

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