A result of Israel’s delay in allowing MMJ exports, one company to move some of its greenhouse operations to the EU. Other companies many follow suit.Read More
British tobacco giant Imperial Brands is among a group of investors taking a stake in a UK-based medial cannabis startup, the latest foray by Big Tobacco cannabis.Read More
Portugal’s lawmakers approved sweeping changes medical cannabis regulation, opening new opportunities for international and domestic companies.Read More
The United Kingdom is embarking on a full review of the medical benefits of cannabis that experts say could put the country on a path towards legalizing MMJ.Read More
North American marijuana entrepreneurs who believe it’s too early to look at international opportunities should reconsider their position.Read More
One of the cannabis industry’s largest lighting solutions suppliers, Austin, Texas-based Fluence Bioengineering was recently acquired by Osram, a $4.1 billion firm based in Munich, Germany. The deal may signal increased interest from international firms and investors on the hunt for ancillary cannabis companies.Read More
California-based Steep Hill Labs, a prominent cannabis testing lab, has announced plans to expand operations to Mexico and six western European markets, further broadening the company’s global footprint. This is yet another example of a company using its Canadian presence to springboard into the growing international cannabis market. According to a news release, the licensee for Steep […]Read More
Ontario-based Canopy Growth continued its aggressive expansion, both domestically and internationally, further cementing its position as a leader in the global cannabis industry. Gearing up to meet rising demand for medical cannabis and national legalization later this year, Canopy is nearly halfway to its goal of 5.6 million square feet of licensed production capacity in […]Read More
Exports of medical cannabis oil from Canada had a breakout year in 2017 – and executives say it is just the start for a massive new overseas market.
Medical cannabis exports in oil form rose 300% from 2016 levels, according to data shared with Marijuana Business Daily by Health Canada. Analysts expect this trend to continue as countries legalizing medical cannabis look to imports to meet demand in lieu of domestic cultivation.Read More
Malta recently became the latest country to legalize medical cannabis prescriptions, and a separate law to permit production is within months of final approval. The Drug Dependence Bill received approval from of the House of Representatives on March 6 and was signed into law by President Marie-Louise Coleiro Preca on March 9. The legislation does […]Read More
A German court slammed the brakes on the country’s plan to grant contracts to cultivate medical marijuana, giving international exporters an even bigger head start over domestic production as the country struggles to meet MMJ demand.
A representative for the Higher Regional Court of Dusseldorf told Marijuana Business Daily that the Federal Institute for Drugs and Medical Devices (BfArM) is not allowed to appeal the decision.Read More
A top Canadian medical cannabis producer signed a deal to become the largest supplier of medical marijuana products to a pharmaceutical distributor in Germany. MedReleaf, based in Markham, Ontario, and listed as LEAF on the Toronto Stock Exchange, expects shipments to Cannamedical Pharma GMBH to commence in the coming weeks, according to a news release from the company. […]Read More
- July 16, 2018
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