International Marijuana Business News

Big changes in store for Colombia cannabis regulations, but final rules and timeline uncertain

A draft decree in Colombia is in the works that could substantially modify certain aspects of the current medical cannabis framework. Among other things, the proposed changes would make Colombian medical cannabis companies more competitive internationally by allowing flower to be exported into free trade zones. Another proposal is aimed at making it easier for […]

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Linton’s firing by Canopy follows string of losses, may raise concerns about cannabis sector-mainstream partnerships

Former Canopy Growth co-CEO Bruce Linton may have had suspicions about his future when a special board meeting of the Canadian cannabis giant was convened last Friday. Even though Linton was also Canopy’s chair, he didn’t call the meeting. By Wednesday, Linton was filling up his car with gas at Costco and contemplating his future […]

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Ontario to hold lottery for 42 new recreational cannabis stores

Ontario’s plan to belatedly add more cannabis stores to its underwhelming roster of 23 authorizations is a sign the government is listening to industry and consumer feedback that the market can sustain – and requires – more outlets, according to experts. The Alcohol and Gaming Commission of Ontario will hold a lottery on Aug. 20 […]

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‘The board decided’: Marijuana giant Canopy Growth fires Bruce Linton as CEO 

Canadian cannabis producer Canopy Growth on Wednesday announced the departure of Bruce Linton as co-chief executive, a surprise move that analysts say could be tied to the company’s disappointing earnings. Effective immediately, Linton is stepping down and co-CEO Mark Zekulin will become the sole interim chief executive as the board looks for a permanent leader. […]

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Ireland launches 5-year medical marijuana trial

Ireland is embarking on a five-year medical cannabis pilot program, opening up commercial opportunities for companies to supply the Irish market once their products have met approval requirements set out in legislation. The cannabis products will be dispensed from pharmacies – a common trait in federally regulated European medical marijuana markets. The country’s Health Service […]

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France on verge of launching trial medical cannabis program, opening door for overseas businesses to supply new market

A key government committee in France has set the stage for a two-year medical cannabis trial program that’s expected to kick off later this year, providing an opportunity for overseas companies to export product to the new market during its early stages. If made permanent, the program has the potential to make France one of the […]

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Switzerland aims to join neighbors in legalizing medical marijuana

Switzerland is looking to give physicians the ability to prescribe cannabis-based medicines, which would significantly boost access and, if approved, create one of Europe’s newest regulated markets. A proposed legal amendment would put the cultivation, processing, manufacture and sale of medical marijuana under the regulatory wing of Swiss Agency for Therapeutic Products (Swissmedic). A public […]

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Cannabis the most widely used drug globally, UN World Drug Report says 

Marijuana was the most widely used drug around the world in 2017, with an estimated 188 million consumers that year, according to a new report from the United Nations. The 2019 World Drug Report provides an overview of the international supply and demand of cannabis, as well as other drugs. The data also underlines the […]

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Canadian Chamber throws weight behind marijuana industry

Canada’s largest business association is throwing its weight behind the cannabis industry. Canada must do more to realize the full economic potential of the country’s marijuana sector, according to the Canadian Chamber of Commerce. The Chamber has established the National Cannabis Working Group to advocate on businesses’ behalf to improve the sector’s competitiveness. “This partnership […]

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Organigram ‘actively seeking beverage partner’: Q&A with CEO Greg Engel

As Canada’s biggest cannabis producers lose money hand over fist, companies that execute successfully in their home country and overseas are poised to stand out. One such company is Organigram. The New Brunswick-headquartered producer is laying the groundwork to capitalize on the next round of legalization in Canada – the launch of the edibles, extracts […]

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