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Former PM Mulroney: ‘Others will follow’ Canada’s lead on cannabis

Former Prime Minister Brian Mulroney says other countries will follow Canada’s lead on cannabis legalization, but it will take time. On the same day Canada legalized marijuana for recreational use, Mulroney announced his intention to join the board of Acreage Holdings – one of the largest marijuana companies in the United States. Mulroney – prime […]

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Photos from Canada’s historic first day of recreational cannabis legalization

Canada’s landmark day of legal recreational marijuana sales was a success for many companies and key industry players who had businesses operational in time for the overwhelming turnout of consumers on Oct. 17. Here is a selection of photos from across Canada as it became the first major industrialized nation to launch a recreational cannabis market.

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Canada’s Landmark Day: Country launches industrialized world’s first recreational cannabis market

Marijuana Business Daily reporters were on the ground in Canada, providing live coverage of the nation’s historic launch of its recreational cannabis market. Our staff filed updates throughout the day, providing you a front-row seat for the opening of recreational shops and to get insights on sales, challenges, successes and breaking news from the largest country […]

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Is Canada’s marijuana legalization a ‘template’ for the world to follow?

Canada took its first steps into a future of legal cannabis Wednesday, but what that means for prohibition in other countries largely remains to be seen. Will other countries follow Canada’s move toward ending prohibition? What impact will ending prohibition there have on global medical cannabis markets? Canadian Senator Tony Dean believes every country will […]

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Full financial effect of Canada’s recreational marijuana ‘soft launch’ may be years away

When Canada becomes the first Group of Seven country to legalize recreational cannabis on Wednesday, market observers say it will amount to a “soft launch,” with the full financial effect of this multibillion-dollar industry still years from being realized. The early months will be marked by a small number of stores, limited product selection and […]

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Ahead of Canada’s big day, forecast for cannabis industry gets a boost

On the eve of Canada’s historic launch of its recreational marijuana program, the global cannabis industry appears poised for explosive growth thanks to the confluence of a host of market developments. “The well-capitalized cannabis industry has been evolving rapidly and looks to address a far larger (market) than we had originally forecast,” Wall Street analyst […]

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United Kingdom sets date for first medical cannabis prescriptions

Specially trained doctors will be able to legally issue prescriptions for cannabis-based medicines for the first time in the United Kingdom starting Nov. 1, marking an important milestone for the medical marijuana industry in the country. The law introduced in the U.K. Parliament on Thursday will ultimately pave the way for one of the largest […]

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Canadian regulator wants cannabis companies to disclose US border risk

Canada’s securities watchdog is warning the country’s publicly traded marijuana companies to improve their disclosure practices – including any risks tied to their executives and employees crossing into the United States – or face additional regulatory action. The warning came in a detailed notice published Oct. 10 by the Canadian Securities Administrators (CSA), an umbrella […]

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