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Israel to increase import requirements, limiting cannabis export opportunities

The Israeli Ministry of Health informed domestic licensed producers that it is strengthening the quality requirements for medical cannabis imports.

News September 17
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Report: Australia cannabis sales near AU$100 million as consolidation looms

Australia’s market for medical cannabis is expected to triple this year to about AU$95 million ($70 million) in product sales, according to a new report published by North Sydney-based data…

News September 17
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Canadian cannabis events firm Lift & Co. files for bankruptcy

Lift & Co. Corp., a Toronto-based cannabis events and marketing firm, has filed for bankruptcy.

News September 17
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Insurance-covered medical cannabis falls for the first time in Germany

Insurance reimbursements for cannabis in Germany dropped for the first time - on a quarterly basis - since the current medical program started in early 2017, according to new data…

News September 17
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Trulieve forks out $66 million for two Pennsylvania medical cannabis firms

Trulieve, the preeminent medical cannabis operator in Florida, plans to expand to Pennsylvania by acquiring two MMJ companies in a $66 million deal. Pennsylvania will be the fifth state in…

News September 17
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Marijuana vape firms say one year after vaping crisis, customers turning to legal suppliers over illicit market

A year after the vaping health crisis upended the cannabis industry, marijuana vape companies report that sales have rebounded as consumers grasp the danger of consuming illicit-market vaporizers and switch…

News September 17
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Memo alleges obstruction in Missouri medical marijuana licensing probe

The counsel for the Democratic legislative caucus in Missouri alleges that state medical marijuana regulators obstructed an investigation into the MMJ program by withholding critical information during hearings earlier this…

News September 16
Vermont state capitol building

Vermont lawmakers set to legalize recreational cannabis sales, though governor a question mark

Vermont could become the second state in the nation to legalize adult-use marijuana sales through its legislature if a compromise measure hammered out by lawmakers passes both chambers and is…

News September 16
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Canadian cannabis retailer High Tide posts sequential revenue growth

Canadian cannabis retail chain High Tide reported revenue of 23.2 million Canadian dollars ($17.6 million) for the quarter ended July 31, an 18.6% increase over the previous quarter's revenue.

News September 16
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