International Marijuana Business News

Tips for entering Europe’s medical cannabis market: Q&A with Christian Carlsen of Danish pharma firm NNE

Could medical cannabis be a growth engine for the pharmaceutical industry? A subsidiary of Danish pharmaceutical giant Novo Nordisk is betting the answer is yes. NNE A/S, a 1,000-person strong pharmaceutical engineering and advisory unit of Novo Nordisk A/S , has been counselling medical cannabis companies on establishing pharmaceutical-grade facilities in Europe and Asia. NNE’s cannabis […]

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England’s health insurance has covered only 18 ‘unlicensed’ cannabis prescriptions

Since a new law took effect a year ago, England’s National Health Service (NHS) has reimbursed patients on only 18 occasions for “unlicensed” cannabis-based products that have not undergone clinical trials, according to government data. In the case of private prescriptions – which are paid out of pocket by patients – the number of prescriptions reached 104. The data […]

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Health Canada OK with Hexo’s proactive fix on unlicensed cannabis cultivation

Actions undertaken by Quebec cannabis producer Hexo Corp. to proactively rectify unauthorized cultivation were deemed “acceptable” by Canada’s federal health department. The company disclosed late Friday that unlicensed cultivation took place inside part of a facility the company acquired last spring. Hexo’s 260 million Canadian dollar ($180 million) purchase of Newstrike Brands, owner of Up […]

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BC offers CA$676,000 to help cannabis entrepreneurs join legal market

A small portion of an employment fund worth 15 million Canadian dollars ($11 million) is being set aside by British Columbia’s government to help gray-market cannabis entrepreneurs in one region of the province gain a foothold in the legal economy. The funding for the program, amounting to CA$676,000, is being directed to the Cannabis Business Transition Initiative, which […]

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Australia launches inquiry into medical cannabis access

Australia’s Senate is launching a formal inquiry into issues involving patient access to medical cannabis. Limited access to medical marijuana has restricted the accessible domestic market in Australia. Improvements to availability pathways and regulatory overlap could brighten business prospects for local entrepreneurs. The Community Affairs References Committee’s inquiry will examine the degree of patient access […]

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Canadian cannabis group appeals to Trudeau to help fix industry challenges

An industry group representing Canada’s biggest cannabis companies is appealing to Prime Minister Justin Trudeau to help address some of the industry’s most persistent challenges. In a letter sent to Trudeau on Nov. 9 and made public Thursday night, the Cannabis Council of Canada highlighted a number of areas in need of improvement, including a […]

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Aurora Cannabis ceases construction at Alberta, Denmark facilities as losses widen

Aurora Cannabis is ceasing construction at its large second-phase facility in Denmark and deferring most of the final construction at its Aurora Sun facility in Medicine Hat, Alberta, as the company’s losses widened substantially in the quarter. The moves would save Aurora a combined 190 million Canadian dollars ($143 million) in the coming year. Aurora said the […]

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Opportunity: New Brunswick to pivot to private-sector cannabis retail model

New Brunswick’s government is getting out of the cannabis retail business, presenting an opportunity for the private sector. The province issued a request for proposals to open privately-owned cannabis retail locations for a single operator in the new year. New Brunswick is looking for a quick sale, indicating that applicants have until Jan. 10, 2020, […]

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Western Australia cuts red tape for medical cannabis in boost for patients, industry

Australia’s westernmost state is making it easier for patients to access medical cannabis. Western Australia said it will allow general practitioners to prescribe medical marijuana without the need for referral to a specialist, bringing the state in line with other jurisdictions, including New South Wales, Queensland and Victoria. The state is expected to see a […]

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