International Marijuana Business News

Canadian marijuana grower Village Farms approved for Nasdaq listing

Village Farms International, a Canadian greenhouse grower with a 50% stake in British Columbia-based cannabis firm Pure Sunfarms Corp., has graduated to the Nasdaq exchange. The company says it will leave the over-the-counter markets – where it trades as VFFIF – and list on the Nasdaq Capital Market as VFF. A date for the listing […]

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Report: US-based multistate marijuana operators poised to deploy big money in 2019

U.S.-based cannabis multistate operators (MSOs) – both public and private – have hit the ground running in 2019 as they race to gain market share and establish a dominant brand. In 2018, a record number of U.S. cannabis firms turned to the Canadian Securities Exchange to fund their aggressive expansion plans, many of which are […]

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Canopy Growth international revenue jumps sixfold to CA$8.2 million

Cannabis giant Canopy Growth’s international revenue shot up to 8.2 million Canadian dollars ($6.1 million) in the nine months ended Dec. 31, a nearly sixfold increase over the same period the year before, according to the company’s third quarter fiscal 2019 results. International sales represented 5.6% of gross revenue in the quarter, more than doubling […]

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US cannabis companies have advantage for CBD exports to Brazil

It’s usually assumed that Canadian licensed cannabis producers have an advantage when it comes to international expansion, but the United States may have an edge over Canada in one country: Brazil. The South American country has seen steady growth in patient numbers over the past year, with the majority of CBD products arriving from the […]

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Singapore may allow scientifically proven medical cannabinoids

Singapore’s government signaled it could be ready to follow regional neighbors Thailand and South Korea in allowing pharmaceutical products containing cannabinoids. “It is important to differentiate between products containing unprocessed or raw cannabis and pharmaceutical products containing cannabinoids,” the Ministry of Home Affairs and Ministry of Health said in a joint statement this week clarifying […]

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Marijuana Business Daily appoints new editor in chief

Marijuana Business Daily has appointed Howard Burns, a longtime top editor in business-to-business journalism, as its editor in chief. The position is new for the company. Burns will oversee the entire editorial operation, including the MJBizDaily website as well as MJBizDaily International, Hemp Industry Daily, Marijuana Business Magazine and the company’s annual Marijuana Business Factbook and industry reports. He reports […]

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Aurora’s European marijuana production center expects first sales in mid-2019

The first “saleable” harvest from Canadian cannabis giant Aurora’s Nordic 1 facility in Denmark is expected to be ready by the end of first quarter 2019, the company disclosed in a regulatory filing released alongside its quarterly earnings this week. Products would be available the following quarter. Aurora is one of the Canadian cannabis firms […]

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European Parliament calls for uniform definition of medical cannabis

In a move to get more clarity on what medical marijuana is, the European Parliament passed a resolution Wednesday calling on the European Commission and EU countries to provide a legal definition and draw a clear distinction between cannabis-based medicines approved by regulatory bodies, MMJ not supported by clinical trials and other applications of the plant. The patchwork of regulations […]

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Greece challenges Denmark in race to be Europe’s marijuana hub

Greece has received as many as 30 foreign investment applications for medical and industrial cannabis production worth approximately 350 million euros ($400 million), potentially setting up the country to be the European Union’s top supplier of medical cannabis in coming years. While few of the licenses have yet to be approved, that value challenges Denmark’s […]

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