Village Farms sends first cannabis shipment to growing UK market

Village Farms International has sent its first shipment of two cannabis brands to the growing United Kingdom market.

Cannabis producer Canopy sells skin care unit to Inspirit Capital for CA$15.9M 

Cannabis producer Canopy Growth has completed the sale of its This Works skin care and wellness unit to United Kingdom-based Inspirit Capital for 9.3 million pounds (15.9 million Canadian dollars).

Australia exported 1,510 kilograms of cannabis in 2022, rare data shows

Australian cannabis production and exports inched higher in 2022 on the back of consistent industry growth, according to new data published by the country’s Office of Drug Control.

Cannabinoid-based medicine Epidiolex approved for sale in Canada

Canada’s federal health regulator has approved Jazz Pharmaceuticals Canada’s cannabinoid-based medicine Epidiolex as an adjunctive therapy for certain rare and severe forms of epilepsy, allowing the company to bring to market a clinically tested drug with global sales that dwarf those of the nation’s entire medical cannabis industry

UK committee calls for wider access to ‘unlicensed’ medical cannabis

The United Kingdom’s Home Affairs Committee is recommending the government widen access to unlicensed cannabis-based products for medical use via the National Health Service before the end of the current Parliament.

Somai wins EU-GMP certification for Portugal cannabis facility

Somai Pharmaceuticals said it received European Union-Good Manufacturing Practice (EU-GMP) certification from the Portuguese health authority Infarmed.

Australia, Israel top destinations of Canadian medical cannabis exports

Australia and Israel were the top markets for Canada’s medical cannabis exporters last year, as the quantity of flower shipped overseas continued to surge, according to new figures shared by Health Canada with MJBizDaily.

UK-based CBD brand Naturecan acquires Oregon production facility

United Kingdom-based CBD and wellness brand Naturecan acquired the IAH Oregon cannabidiol production facility in the U.S. for 8 million pounds (roughly $10 million).

Australia’s medical cannabis sales might surpass Canada’s in near future

Australia’s medical cannabis industry continues to experience brisk growth in patients and sales, and experts say the market could even surpass Canada’s medical sector this year.

Germany unveils scaled-down recreational cannabis legalization plan

The German government is backpedaling on its plan to implement nationwide recreational cannabis legalization, instead opting for a two-track, scaled-down approach with limited commercial opportunities – for now.

Chicago Cubs become first Major League Baseball team with CBD sponsorship

The Chicago Cubs signed a deal with Mynd Drinks to become the team’s official CBD partner.

Aurora posts positive adjusted EBITDA on marijuana sales growth

Edmonton, Alberta-based Aurora Cannabis posted positive adjusted earnings before EBITDA worth 1.4 million Canadian dollars ($1 million) in its second fiscal quarter of the year, the company announced late Thursday.