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Top 10 global cannabis stories of 2019: WHO backs rescheduling, Linton out at Canopy, Canadian firms eye US & more

Cannabis markets in Canada and elsewhere in the world went on a roller-coaster ride in 2019, as irrational expectations gave way to more realistic market assessments. Global medical marijuana markets, corporations and top executives experienced breakthroughs and setbacks this past year. That’s the gist of the 10 most widely read business stories carried by Marijuana Business Daily […]

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Emerald pulls plug on affiliate’s federal cannabis license to decrease risk

British Columbia-based Emerald Health Therapeutics has requested that Health Canada not continue with a cannabis processing license for one of its subsidiaries as part of a strategy to decrease unnecessary regulatory risk. Federal cannabis licenses were highly valued commodities in recent years, but their worth has waned as the number of permits has swelled to […]

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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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