International Marijuana Business News

Bermuda weighs cannabis legalization to boost post-pandemic economy

Consultations wrap up this week on Bermuda’s proposal to legalize and regulate adult-use and medical cannabis, which the government says could spur new opportunities in the post-pandemic economic recovery. The bill, released in June, proposes the establishment of a licensing system and regulatory body as well as regulating commercial cultivation and retail sales to people […]

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German government may end up buying more medical cannabis than expected, but at a lower price

The German government has clarified the quantities and price of medical cannabis flower it could buy from domestic producers, confirming that growers have the option to sell – and, to a certain extent, the government is obligated to buy – significantly more than the often-cited 2,600 combined kilograms (5,732 pounds) per year. The reply to […]

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Health Canada: ‘Any celebrity affiliation with cannabis has potential to be noncompliant’

Any celebrity affiliation with a cannabis product, including promotions and marketing, has the potential to be noncompliant with federal law, according to Canada’s cannabis regulator. The warning comes as some major Canadian cannabis producers continue offering brands affiliated to varying degrees with celebrities or popular fictional characters. The regulator has taken notice. In April, Health […]

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Denmark approved only eight of 63 medical cannabis product applications

Eight of the 63 applications to admit products to Denmark’s medical cannabis trial scheme have won approval since the program’s inception in 2018, according to a recent disclosure by Health Minister Magnus Heunicke. Heunicke provided the new figures in an answer to a parliamentary query from Member of Parliament Jane Heitmann. Subsequently, however, four of […]

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Cannabis sector can boost economy post-pandemic, Canadian chamber says

Canada’s cannabis industry can help create jobs in the post-pandemic economic recovery, the nation’s largest business association says, despite challenges recently faced by some domestic producers. To that end, the National Cannabis Working Group – an offshoot of the Canadian Chamber of Commerce – has formed two councils to address headwinds and opportunities. Those bodies […]

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The ins and outs of medical cannabis distribution in Germany

An ability to draw a distinction between an importer and wholesaler of medical cannabis is essential to the understanding of the German distribution market, says Jakob Sons, co-founder of Frankfurt-based Cansativa. Not all distributors of medical cannabis in Germany have the same types of licenses, he noted in an email to Marijuana Business Daily. “If […]

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Alberta’s online cannabis store pauses chocolate sales due to melting concerns

Alberta’s government-operated online cannabis retailer is pausing internet sales of cannabis-infused chocolates for more than two months, citing the effects of summer heat on chocolate shipments to consumers. “To avoid our online customers receiving melted products, chocolates won’t be available online from June 29, 2020, to September 7, 2020, subject to change pending weather conditions,” […]

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‘Cannabis visionary’ Booth stepping down from board, Aurora says

Aurora Cannabis co-founder Terry Booth has left the company’s board of directors, months after stepping down as chief executive. Aurora made the announcement Monday in a brief news release that described Booth’s departure from the board as a “retirement.” “As one of the original cannabis visionaries, Terry leaves an enviable legacy in the form of […]

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Week in Review: AG Barr blasted for marijuana merger reviews, more M&A deals altered, L.A. shifts course & more

U.S. Attorney General William Barr ordered investigations into 10 proposed marijuana industry mergers – a move that a career Justice Department prosecutor charged was “not even close to meeting established criteria” for such reviews. That prosecutor, John Elias, agreed the reviews amounted to industry “harassment.” MJBizDaily takeaway: The episode stands as a warning to the U.S. […]

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