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Sources: Lesotho’s draft cannabis regulations to be ‘grandfathered in,’ giving existing firms an edge over new entrants 

Sweeping changes to Lesotho’s cannabis regulations are set to go into effect later this year and are expected to be grandfathered in, meaning existing businesses will be exempted from the most burdensome parts of the new rules, according to government and industry sources. Marijuana Business Daily recently reported that the southern African country is planning […]

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Barbados latest Caribbean country to propose sweeping medical cannabis law

A law was introduced in the Barbados House of Assembly to establish the legal foundation for a local medical marijuana industry. If the law is adopted, Barbados will join other Caribbean countries Jamaica, St. Vincent and the Grenadines as well as Antigua and Barbuda in approving cannabis cultivation. A law is also in the works in Saint Kitts and Nevis. The […]

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Report: Supply issues lead to declining sales in Uruguay’s recreational cannabis market

Years after legalization, supply issues continue to hinder the growth of the adult-use marijuana market in Uruguay, according to a new report by the Institute for the Regulation and Control of Cannabis (IRCCA). According to the Uruguayan cannabis regulatory agency, as of July 31, 47,810 people were registered to legally access recreational marijuana in Uruguay using one […]

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Capital for access: The developing two-way marijuana road between California and Canada

It’s no secret that the number of business relationships between American and Canadian cannabis interests has skyrocketed since federal legalization went into effect north of the U.S. border. From a high-level perspective, it’s a simple trade: money for market access. That’s particularly true in California, which has no in-state residency requirement for cannabis companies and […]

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Brazilian health regulators mull plan for cannabis cultivation and products, but proposal draws opposition

Brazilian health regulators are weighing a landmark plan to permit the domestic cultivation of marijuana and the registration of medical cannabis products that have not yet completed clinical trials, a move that would open a potentially huge market to MJ companies from around the globe. But the proposed rules have encountered stiff opposition from a […]

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Deal Watch: Hemp, infused products and devices see notable gains in M&A activity

While overall merger and acquisition investment in the North American cannabis industry has been far outpacing that of 2018, several sectors have posted notable increases so far this year.

Three sectors – hemp, infused products and extracts, and consumption devices – have seen M&A activity values at $1.42 billion this year.

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EXCLUSIVE: Lesotho planning overhaul of medical cannabis rules

A revamped round of regulations is in the works in Lesotho that would spell out new guidelines for awarding medical cannabis business licenses in the southern African nation, Marijuana Business Daily has learned. While many of the proposals are more business-friendly than the current rules, some of the draft amendments would effectively erect barriers for […]

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