International Marijuana Business News

Puerto Rico medical marijuana dispensaries open

Medical marijuana dispensaries are open for the first time in Puerto Rico and poised to serve tourists visiting the island. The U.S. territory adopted regulations to allow for the cultivation, manufacturing and distribution of medical cannabis two years ago. And so far at least two dispensaries have opened their doors, according to the Associated Press. […]

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Thailand approves hemp cultivation

The cabinet of Thailand’s National Legislative Assembly has approved a proposal to permit hemp cultivation in six provinces in the country’s northern region as part of a project to explore the use of plants for medical purposes. Officials with the Office of the Narcotics Control Board announced Tuesday said the proposal will be implemented in 2017 […]

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Guam governor pushes to legalize recreational marijuana

The governor of Guam wants to legalize recreational marijuana and plans to work with lawmakers to draft legislation that would be introduced early in 2017, a move that would make the western Pacific island the first U.S. territory with an adult-use program. Voters on Guam passed medical marijuana in 2014. But the program has not […]

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Mexican Senate passes medical cannabis bill

The Mexican Senate overwhelmingly passed a medical marijuana bill, but to become law the measure must still win approval from the country’s lower house. The bill, which was passed 98-7 on Tuesday, would allow the use of products containing THC and would also permit marijuana to be produced for scientific and medical purposes, Reuters reported. The […]

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Ireland may legalize medical marijuana

Yet another country is now seriously considering legalizing cannabis for medical purposes: Ireland. The small island nation’s parliament now has a bill before it to legalize MMJ, and the minority government announced that it would not stand in the way of the measure, Reuters reported Thursday. The nation’s health minister “accepted the central objectives of […]

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South Africa targets legalization of medicinal cannabis in 2017

The South African Department of Health is making progress on reclassifying marijuana from an illicit substance to a prescription drug. A top official with the Medical Control Council recently told the National Assembly that the MCC could begin the regulation process as soon as February, including allowing the cultivation and supply of MMJ, according to […]

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Landmark deal: Israeli companies team to market MMJ inhaler

Two Israeli companies have signed an agreement to market an inhaler for medical marijuana, signifying what looks to be the first time a major global pharmaceutical company has agreed to market an MMJ product. Teva Pharmaceutical Industries Ltd. and Syqe Medical said they inked a distribution and cooperation agreement for Teva to exclusively market Syqe’s inhaler, […]

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Thailand’s justice minister continues push to delist marijuana

Thailand’s Justice Minister Paiboon Koomchaya has reiterated his stance to reclassify marijuana from a narcotic drug to a medicinal herb. The official says the government has failed to police marijuana, as well as stimulant kratom, so both plants should be treated as herbs, according to the Bangkok Post. The justice minister has said that prohibition isn’t […]

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Denmark embarks on limited MMJ program but will import cannabis

Beginning in 2018, medical cannabis will be legal in Denmark for 1,500 patients who suffer from chronic diseases. But the Danish government currently plans to import the cannabis from state-run producers in the Netherlands, Business Insider Nordic reported. That isn’t going over well with some Danish farmers, who are lobbying their government to allow them to […]

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Another Canadian medical marijuana firm licensed to export

Aphria, a federally licensed medical marijuana cultivator in Canada, has been chosen to export product to Australian biotech company Medlab Clinical. Medlab Clinical is conducting trials on the use of cannabis to manage pain in cancer patients, according to the Australian Associated Press, and will import a liquid blend of THC and CBD from Aphria […]

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Australia’s MMJ market likely to develop slowly, with big players dominating

By Bart Schaneman Cannabis entrepreneurs hoping to enter Australia’s new medical marijuana market will confront obstacles at the federal and state level, with industry observers predicting a limited number of big companies will come to dominate the business. Australia’s MMJ market also is expected to develop slowly, given complex licensing procedures and strict, costly regulations.

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Australian CBD producer to distribute in Czech Republic

Talk about an international operation. An Australian nutraceutical company that manufactures hemp-based CBD products in Switzerland is planning to sell them in the Czech Republic, according to a news release from the company, Creso Pharma. Creso, a public company that trades on the Australian stock exchange, said it has signed a distribution agreement with the […]

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