A Canadian medical marijuana grower is launching a joint venture in Denmark with its eye on meeting MMJ demand throughout Europe, becoming the latest Canadian cultivator to establish a presence in the Scandinavian country. Ontario-based CannTrust Holdings said it inked a joint venture agreement with the Danish company Stenocare, which already has received a medical […]Read More
A California company that markets and distributes marijuana and hemp is making a play for convenience stores. Marijuana Company of America, a holding company with stakes in hemp and marijuana, is launching a line of CBD topicals, tinctures and edibles in sample sizes. The products will be sold in one-, two- and 30-day supplies. “The […]Read More
Canada’s largest province on Friday unveiled the brand name and logo for its recreational cannabis stores and the board tasked with directing the company as it tries to compete with the black market. The retail brand and sales monopoly will be known as the Ontario Cannabis Store. The Ontario Cannabis Retail Corp.’s five-member board will include: […]Read More
Cannabis companies in Canada have access to tens of millions of dollars worth of financial incentives from provincial and municipal governments – if they know where to look. So far, various levels of government in six provinces have offered incentives to cannabis-related businesses in the form of direct subsidies, tax credits and other financial sweeteners. […]Read More
Colorado-based Helix TCS, a publicly traded ancillary marijuana company, said it signed a merger agreement with BioTrackTHC, a Florida-based seed-to-sale cannabis tracking software company.
The deal’s price tag wasn’t disclosed.
According to an 8-K filing, BioTrackTHC stakeholders will own 48% of Helix TCS once the merger is finalized.Read More
Canadian companies are getting a head start on the country’s marijuana-infused beverages industry, even before legislation has been introduced to legalize THC-added products. Companies are turning to cannabidiol, which does not have psychoactive effects and is already legal, to get a leg up on competitors. Recreational cannabis flower and oil are expected to be legalized in Canada by the […]Read More
Germany is on track to become one of the world’s largest medical marijuana markets this year as insured patient numbers soar, MMJ imports rise and the country prepares for domestic cultivation. Some executives also expect recreational legalization to happen “in the foreseeable future.” Germany’s rapid growth is expected to continue independent of the country’s plan […]Read More
The most populous state in Australia is making it easier for doctors to prescribe medical marijuana, opening the door to faster growth in the country’s MMJ industry. Australia’s medical market has seen anemic growth due in part to separate regulations at the state and federal government level limiting patient access. New South Wales, however, is […]Read More
Tweed, a wholly owned subsidiary of Smiths Falls-based Canopy Growth and an international medical marijuana brand, is taking a new tack to raise awareness in a very restrictive marketing environment – collaborating with some of Canada’s top clothing designers for its first runway show. It will be presented at Toronto Men’s Fashion Week, March 9-11. […]Read More
A burgeoning cannabis producer with aspirations of being a global leader has appointed a longtime Coke and Molson Coors executive as its new CEO. Torsten Kuenzlen took the helm of Alberta-based Sundial Growers this week. The move illustrates how Canadian cannabis companies are luring top international talent to fill C-suite executive positions, as the stigma […]Read More
International investors are eyeing Greece as a draft bill on medical cannabis moved out of committee this week, positioning the country to be the next to ride the European Union’s medical cannabis wave. Parliamentary committees approved the government’s draft bill aimed at creating a legal framework for the cultivation and production of medical cannabis, while […]Read More
Canopy Growth, the largest medical cannabis company in the world by sales, is planning to list its shares on the Nasdaq, a move that would make it only the second vertically integrated MMJ business to be traded on a top American stock market. CEO Bruce Linton disclosed his Nasdaq aspirations in a speech to the […]Read More
- July 16, 2018
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