Europe Cannabis Industry & Marijuana Business News

Aurora sole winner of Italian medical cannabis tender, but average price is low by most standards

Aurora Deutschland – the German subsidiary of Alberta-based Aurora Cannabis – won all three “lots” to supply Italy with a total of 400 kilograms (880 pounds) of medical marijuana over two years, the Italian government announced. But the award may come at a cost for the Canadian company: The average price it offered – 1.73 euros […]

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Ireland launches 5-year medical marijuana trial

Ireland is embarking on a five-year medical cannabis pilot program, opening up commercial opportunities for companies to supply the Irish market once their products have met approval requirements set out in legislation. The cannabis products will be dispensed from pharmacies – a common trait in federally regulated European medical marijuana markets. The country’s Health Service […]

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France on verge of launching trial medical cannabis program, opening door for overseas businesses to supply new market

A key government committee in France has set the stage for a two-year medical cannabis trial program that’s expected to kick off later this year, providing an opportunity for overseas companies to export product to the new market during its early stages. If made permanent, the program has the potential to make France one of the […]

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Switzerland aims to join neighbors in legalizing medical marijuana

Switzerland is looking to give physicians the ability to prescribe cannabis-based medicines, which would significantly boost access and, if approved, create one of Europe’s newest regulated markets. A proposed legal amendment would put the cultivation, processing, manufacture and sale of medical marijuana under the regulatory wing of Swiss Agency for Therapeutic Products (Swissmedic). A public […]

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Cannabis the most widely used drug globally, UN World Drug Report says 

Marijuana was the most widely used drug around the world in 2017, with an estimated 188 million consumers that year, according to a new report from the United Nations. The 2019 World Drug Report provides an overview of the international supply and demand of cannabis, as well as other drugs. The data also underlines the […]

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Italy opens application process to import 400 kilograms of medical cannabis

The Italian government plans to import 400 kilograms of medical cannabis over two years and has opened the bidding process to companies that want to supply Europe’s second-largest market. The Italian Ministry of Defense – through its office of Stabilimento Chimico Farmaceutico Militare (SCFM) – published the details of the application process for the tender. Applications must […]

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Affiliate of Canadian firm Hexo wins Greek cannabis license

An affiliate of Quebec-based cannabis producer Hexo has received a license allowing it to establish cultivation, processing and manufacturing facilities in Greece, the company announced Thursday. Greece aims to compete with Denmark, Portugal and Malta as a hub to meet demand for medical cannabis in Europe. The affiliate, Hexo Med, is planning to construct a […]

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Germany’s medical cannabis market prioritizes efficacy over unfettered access

Germany may be the largest and fastest-growing medical cannabis market in Europe, but signs are emerging from medical and regulatory circles that should serve as a warning to marijuana companies planning to commercialize medicines without conclusive clinical trials. In fact, businesses based on science and efficacy may see a competitive advantage in Germany in the […]

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Despite Italy’s ‘cannabis light’ court ruling, low-THC business continues as usual

The obituary for Italy’s thriving “cannabis light” industry – stemming from an apparently unfavorable court decision – was highly premature, local industry leaders told Marijuana Business Daily. They noted the ruling surrounding low-THC cannabis was ambiguous and the full version is still unavailable. A “cannabis light” industry has been booming in Italy since 2017, when […]

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Aurora, Canopy are Canada’s ‘most reputable’ cannabis firms, survey finds; others rank far behind

Alberta-based Aurora Cannabis edged out Ontario’s Canopy Growth as the most reputable marijuana company in Canada, according to a first-of-its-kind survey by market research firm Leger. The survey – conducted from December 2018 to February 2019 – reflects the reputations of cannabis producers in the opening innings of legalization. The marijuana companies were included as […]

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