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Canada’s cannabis market ‘comes down to execution’: Q&A with marijuana entrepreneur Chuck Rifici

As Canada’s marijuana market enters the next phase of its evolution, serial cannabis entrepreneur Chuck Rifici expects to see a stratification of businesses that have the products consumers demand – and those that lack such merchandise. “We really started the beginning of the brand race, where the consumers are going to start seeing different types […]

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Cannabis Council urges Ontario to ramp up number of adult-use stores, citing ‘ample’ marijuana supplies

Canada’s largest cannabis companies are urging Ontario Premier Doug Ford to significantly increase the number of recreational marijuana stores, noting that the province’s retail footprint is “severely challenging” their ability to invest in the new industry. In an open letter to Ford, the Cannabis Council of Canada said there is an ample supply of marijuana […]

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Uruguay selects three new commercial growers of recreational marijuana to meet consumer demand

The Uruguayan government announced the three winning companies chosen to grow recreational marijuana for commercial purposes under an application process that began in February. To meet a shortfall of adult-use cannabis, the Uruguayan Institute for the Regulation and Control of Cannabis (IRCCA) selected: Uruguay Biopharmaceutical Research Co., based in the United States and conditioned to register a company in […]

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North Macedonia’s medical cannabis overhaul would allow flower exports – but also create entry hurdles

Medical cannabis regulations in North Macedonia – a small but promising market – are likely to undergo significant changes before the end of 2019, allowing the export of flower for the first time but also raising barriers to entry for prospective businesses. The government of Prime Minister Zoran Zaev sent a draft bill to the Parliament […]

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Week in Review: Mexico moves toward recreational cannabis legalization, vape firm Pax cuts jobs, Northeast govs huddle & more

Mexico prepares to become the most populous nation in the world to legalize adult-use marijuana, vape company Pax cuts 25% of its workforce, governors of Northeast states consider working together to legalize recreational MJ – and more of the week’s top cannabis business news. Mexico prepares to legalize recreational cannabis Mexico’s Senate is ready to receive a […]

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MJBizDaily leadership change: Co-founder Farrington stepping down as CEO; Walsh to take reins

Cassandra Farrington, the co-founder of Marijuana Business Daily, is stepping aside as CEO of the pioneering cannabis publishing and trade show business at the end of the year and will be replaced by the company’s founding editor and president, Chris Walsh. Farrington, who has overseen huge growth at MJBizDaily since its founding in 2011, will transition […]

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Mexico’s draft cannabis legalization law would limit foreign investment, ban vertical integration

Mexican lawmakers are moving closer to adopting groundbreaking legislation to establish a federally regulated cannabis industry, a move that would lay the legal foundation for a new market and make Mexico only the third country in the world to legalize commercial production of adult-use marijuana. The legislation lays out the groundwork to create what would […]

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Red tape, regulations hamper Canadian cannabis businesses in first year of recreational sales

A heavy regulatory burden at all levels of government put a damper on legal cannabis sales in the first year of Canada’s adult-use market, but experts are optimistic provincial and federal governments could ease certain rules over time, leading to more business-friendly environments. Until then, however, businesses say that some rules limit their competitiveness with […]

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Brazil again delays vote on regulating cannabis cultivation and products registration, dealing further setback to open market

Brazilian health regulators unexpectedly postponed another vote on a groundbreaking proposal to regulate the cultivation and registration of cannabis-based medicines, delivering a further blow to efforts to open up fresh business opportunities in Latin America’s largest medical cannabis market. The directory of the Brazilian Agência Nacional de Vigilância Sanitária – or National Sanitary Surveillance Agency […]

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