International Marijuana Business News

Canada warns marijuana companies over ‘age gating,’ online promotions

Canada’s cannabis regulator issued a lengthy warning to license holders concerning possible noncompliant promotional activities since the Cannabis Act went into force last fall. In a letter sent late last week, Corinne Guenette, director of Health Canada’s compliance promotion and policy branch, reminded companies of their obligation to comply with the Cannabis Act, in particular […]

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First medical cannabis clinic in United Kingdom opens

Britain’s first dedicated medical marijuana clinic opened in Manchester, setting the groundwork for wider use of MMJ in the country and sparking criticism from some quarters of the medical community. More clinics are expected to open in London and Birmingham later this spring, according to a news release. Only a handful of patients have had access […]

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Canada’s first indigenous-owned cannabis producer aims for June sales

One of six licensed cannabis producers in Canada with indigenous ties is aiming to take its products to market by June. Akwesasne, Ontario-based Seven Leaf – which is also the first fully indigenous-owned and -operated licensed producer – is in the process of growing its first harvest for Health Canada approval. CEO Lewis Mitchell told […]

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Seattle law firm sues US government over marijuana industry border bans

A Washington state law firm is suing the U.S. government in an attempt to gain “immediate” access to records it hopes will shed light on why some foreign nationals – particularly Canadians – have been denied entry to the United States because of their involvement in the legal cannabis industry. The suit targeting the U.S. […]

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Marijuana firm Cronos closes CA$2.4 billion investment from tobacco giant Altria

Altria Group’s record-breaking investment of 2.4 billion Canadian dollars ($1.8 billion) in Ontario-based cannabis producer Cronos Group closed Friday, completing what is so far the largest investment by a tobacco company in the cannabis space. The investment gives Altria a 45% stake in Cronos. Altria also has a warrant that, if exercised, would bump its […]

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‘Forefront of consolidation’: Shareholders OK marijuana merger of Emblem, Aleafia

Shareholders of Ontario-based cannabis producer Emblem approved a 173 million Canadian dollar ($128 million) buyout from vertically integrated company Aleafia Health in a deal that puts the two companies at the forefront of a wave of consolidation in the marijuana industry. The all-stock deal was approved by 93% of Emblem shareholders March 6, exceeding the […]

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Aphria’s flagship CA$190 million cannabis greenhouse is fully licensed

Aphria’s primary cannabis facility in Leamington, Ontario, is now fully authorized by Health Canada to begin cultivation, paving the way for the first products from the licensed producer’s massive expansion to reach consumers as early as this summer. The move comes only days after a flagship cannabis greenhouse owned by Aurora Cannabis – one of […]

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INCB Report: Certain medical cannabis programs violate international drug control treaties

Only a month after the World Health Organization recommended a less-stringent scheduling of cannabis, the United Nations International Narcotics Control Board (INCB) declared that recreational marijuana programs and several medical programs are “contrary to the international drug control treaties.” The INCB’s 2018 annual report could be a step back for those expecting meaningful reform at an international […]

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Embattled Canadian marijuana firm Ascent receives creditor protection

Canadian cannabis company Ascent Industries has been granted creditor protection by the Supreme Court of British Columbia to address liquidity issues, caused “in large part” by the suspension of its licenses. Health Canada notified British Columbia-based Ascent in September it was suspending the licenses of its subsidiary, Agrima Botanicals, over infractions related to noncompliance with […]

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