International Marijuana Business News

Chart: Is marijuana already becoming a mainstream industry?

Broader consumer acceptance of marijuana across North America signals that the nascent industry may soon take a place among mainstream industries ranging from cosmetics to nonalcoholic beverages. A majority of respondents to a recent survey by Chicago-based consulting firm A.T. Kearney noted that their perception of mainstream companies would not change if the businesses became […]

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Canadian marijuana producer Aphria aims to list on the New York Stock Exchange

Aphria, one of Canada’s largest cannabis producers, has filed documents with U.S. securities regulators signaling its intent to list its shares on the New York Stock Exchange. If approved, the Ontario-based company will join a growing list of Canadian cannabis firms turning to the top U.S. exchanges to tap the globe’s largest pool of institutional […]

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Former PM Mulroney: ‘Others will follow’ Canada’s lead on cannabis

Former Prime Minister Brian Mulroney says other countries will follow Canada’s lead on cannabis legalization, but it will take time. On the same day Canada legalized marijuana for recreational use, Mulroney announced his intention to join the board of Acreage Holdings – one of the largest marijuana companies in the United States. Mulroney – prime […]

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Lithuania becomes Europe’s latest adopter of medical marijuana

Lithuania’s Parliament voted unanimously to give doctors the ability to prescribe marijuana to treat certain health conditions, making it the latest European Union country to approve the use of medical cannabis. Agence France-Presse reported that the pending law will come into force May 1, and the sale of medical marijuana will require a license from […]

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Photos from Canada’s historic first day of recreational cannabis legalization

Canada’s landmark day of legal recreational marijuana sales was a success for many companies and key industry players who had businesses operational in time for the overwhelming turnout of consumers on Oct. 17. Here is a selection of photos from across Canada as it became the first major industrialized nation to launch a recreational cannabis market.

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Canada’s Landmark Day: Country launches industrialized world’s first recreational cannabis market

Marijuana Business Daily reporters were on the ground in Canada, providing live coverage of the nation’s historic launch of its recreational cannabis market. Our staff filed updates throughout the day, providing you a front-row seat for the opening of recreational shops and to get insights on sales, challenges, successes and breaking news from the largest country […]

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Former Canadian PM Mulroney to join US cannabis company Acreage

Former Canadian Prime Minister Brian Mulroney plans to join the board of New York-based Acreage Holdings, becoming the latest political heavyweight affiliated with the multistate marijuana company. Mulroney – prime minister from 1984 to 1993 – will join a board stacked with political and corporate veterans, including: Former U.S. House Speaker John Boehner. Former Massachusetts […]

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Sales blitz and speedbumps for Ontario Cannabis Store’s e-commerce site

The Ontario Cannabis Store, the government-sponsored online cannabis retailer – and, for now, the only Ontario outlet selling marijuana in Canada’s most-populated province – is experiencing a blitz of business but also some glitches. The Ontario Cannabis Store has registered 38,000 sales since going live at midnight local time, said Ontario Premier Doug Ford, according […]

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Lawmakers seek clarity on US border stance toward Canadian marijuana workers

A bipartisan group of legislators wants the Trump administration to explain how the U.S. plans to deal with Canadians involved in the cannabis industry as that nation rolls out its adult-use market and in the wake of reports of border crackdowns. According to Rolling Stone, the lawmakers are sending a letter to the administration Wednesday, […]

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