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Greece’s new government committed to cannabis sector success: Q&A with Pelopidas Kalliris of Ministry of Development and Investment

Greece is one of a half-dozen European countries hoping to cash in on medical cannabis exports. The country is also developing rules for domestic patients to access medical marijuana. Because Greece was among the first countries to allow medical cannabis cultivation in Europe, it already has attracted more than 100 companies in the application process seeking […]

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New Zealand finalizes groundwork to launch medical cannabis industry in April

(This story has been updated to reflect new information from the Health Ministry.) New Zealand completed the regulatory foundation for its medical cannabis sector this week, making a key concession by not requiring specialist approval for prescriptions. When the new rules take effect April 1, 2020, all general practitioners will be able to prescribe medical cannabis […]

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Analysis: Germany’s medical cannabis market loses momentum but on pace to surpass 100 million euros

Insurance reimbursements for medical cannabis in Germany reached a new high during the July-September period, according to recently published data by the German National Association of Statutory Health Insurance Funds (GKV-Spitzenverband). However, the data also suggests that growth in medical marijuana sales is losing momentum as double-digit gains in MMJ reimbursements become harder to maintain. Statutory health insurance reimbursements […]

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Italy to nearly triple domestic medical cannabis production in 2020

The Italian Ministry of Health plans to almost triple the quantity of medical marijuana to be produced domestically in the coming year. This signals the intention of the government to rely to a lesser degree on imports in 2020 to serve growing domestic demand for medical cannabis. As per the country’s psychotropic substances quota, which covers medical cannabis, the […]

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Stars of marijuana and hemp sectors honored at MJBizCon in Las Vegas

LAS VEGAS – From a Dutch cultivator of medical cannabis to one of the handful of retailers to open for Canadian Legalization Day, Marijuana Business Daily recognized leaders of the hemp and MJ industries Thursday night during the inaugural MJBizDaily Awards gala at The Cosmopolitan Hotel. Setting the stage for the new awards program, MJBizDaily […]

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MJBizCon 2019 panelists shine spotlight on new and evolving US and global cannabis business opportunities

LAS VEGAS – How might the Canadian cannabis market fare in 2020? What will happen with the SAFE Banking Act in the U.S. Congress? How are U.S. cannabis operators complying with marijuana regulations across multiple states? Those issues and others were among the many U.S. and international cannabis business topics tackled during the second day […]

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MJBizDaily, Cowen ink cannabis information distribution deal

Marijuana Business Daily and New York-based financial investment advisory firm Cowen on Wednesday announced an exclusive partnership in which MJBizDaily will distribute Cowen’s cannabis industry reports and MJ policy research. Distribution of Cowen’s cannabis-related research by MJBizDaily is expected to launch in the first quarter of 2020. Cowen’s cannabis research features Wall Street analyst Vivien Azer. “This partnership […]

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Peru issues key cannabis regulations, effectively launching nation’s medical marijuana program

Peruvian authorities have published long-awaited guidelines governing the nation’s medical marijuana program, allowing companies to start applying for different types of business licenses spelled out under a 2017 law. The new regulations mark the effective launch of Peru’s medical cannabis industry and create business opportunities for companies to produce medicine domestically and import products from […]

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Brazilian court decision could encourage other cannabis companies to seek approval for cultivation

After Brazil’s health authority shelved a proposal on domestic cannabis cultivation this week, a court decided in the opposite direction, allowing – for the first time in Brazil – a company to grow hemp commercially. The court’s decision could spur other cannabis companies to appeal to the judicial system for permission to cultivate domestically. The […]

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Week in Review: Michigan begins adult-use cannabis sales, Harborside appeals tax case, Brazil sets stage for big import market & more

Michigan launches its recreational marijuana industry, California-based Harborside appeals a closely watched federal tax case, Brazil lays the groundwork for what could become one of the world’s largest medical MJ import markets – and more of the week’s top cannabis news. MI adult-use sales begin with limited number of stores open Michigan’s first day of […]

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Brazil’s new medical cannabis rules reject domestic cultivation, potentially setting up large import market

Brazilian health authorities rejected domestic cultivation of medical marijuana but agreed to permit the distribution of medicinal cannabis products that have not completed clinical trials, potentially setting up one of the largest import markets in the world. The new rules, adopted Tuesday, allow bulk imports and sales in pharmacies for the first time. Tuesday’s decision – involving […]

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