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Latin America Update: Marijuana business developments in Chile and Argentina

While Canada and the United States dominated marijuana headlines over the past year, their neighbors in Latin America also made some waves.

Though business and investment opportunities are not nearly as strong as they are in the United States and Canada, Latin American countries are making progress that paves the way for such opportunities down the road.

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5 Tips for Global Growth

Canadian marijuana executives share advice on how to position your medical cannabis company for overseas markets By Matt Lamers Opportunity beckons overseas for medical marijuana producers. The global MMJ market could be worth more than $140 billion over the next 15 years, reckons the Toronto-based brokerage firm Eight Capital. About two dozen countries have medical […]

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Privateer sets milestone for US marijuana industry with $100 million raise

Seattle-based Privateer Holdings, which has long been setting benchmarks for capital raises in the marijuana sector, has established a new standard – and demonstrated that at least some deep-pocketed investors have not been spooked by U.S. Attorney General Jeff Sessions. The marijuana-focused private equity company announced Thursday it has completed a $100 million Series C […]

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Demand for medical marijuana is surging in Germany

Demand for medical marijuana in Germany is surging, opening new opportunities for overseas companies. Canadian MMJ companies, in particular, have been quick to position themselves to meet a supply shortfall in Germany. By the end of 2017, a total of 13,000 patients had applied for medical marijuana reimbursements from three large health insurance companies, Rheinische Post reported. […]

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Deal will allow CanniMed to distribute medical marijuana in 17 countries  

A major Canadian licensed producer has sealed an arrangement with a Dutch pharmaceutical distributor to market and sell its medical marijuana products in 17 countries. Saskatchewan-headquartered CanniMed Therapeutics, traded on the Toronto Stock Exchange as CMED, entered into a global marketing and distribution agreement with Fagron NV of the Netherlands. Financial terms were not disclosed. Under […]

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Canadian medical cannabis company inks deal to supply German pharmacies

A Canadian medical marijuana company secured a deal with Germany’s CC Pharma GmbH to export MMJ products for distribution through thousands of German pharmacies. Nuuvera Inc. – which has a strategic partnership with Aphria (TSE: APH) to build a 1-million-square-foot greenhouse – will supply approximately 1,200 kilograms of medical cannabis to CC Pharma, which distributes pharmaceuticals to over […]

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Australia plans to allow medical cannabis exports

The Australian government plans to allow exports of medical marijuana in an attempt to grab a piece of growing demand for MMJ worldwide. Regulations currently banning exports of medicinal cannabis products will be removed when Parliament resumes in February, according to ABC News. The broadcaster reported that the changes will cover marijuana-based oils, patches, sprays, lozenges […]

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Year in Review: Top 10 stories in the marijuana industry from 2017

It was a lung-busting 2017 for the North American cannabis industry, with marijuana executives stateside holding their collective breath wondering whether the new Trump administration would crack down on legal MJ businesses. Amid the uncertainty, Nevada’s new recreational marijuana industry opened in July with skyrocketing sales, while government officials and regulators in California and Canada […]

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Privateer adds marijuana edibles company The Goodship to its portfolio

Privateer Holdings has added an edibles company to its portfolio of marijuana businesses, marking the Seattle company’s first foray into the infused products sector. According to a news release, The Goodship, a Seattle-based marijuana edibles company, said it had agreed to join Privateer’s “family of brands.” Terms of the acquisition weren’t disclosed. The news release said the […]

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Canada’s Maricann looks to sell medical marijuana in German pharmacies

Ontario-based Maricann expects to start shipping dry cannabis flower to Germany in early 2018, making it the latest Canadian company to export medical marijuana to what could soon become the world’s largest MMJ market. The company’s German subsidiary, Maricann GmbH, also applied for a license to import Maricann’s cannabis from Canada with the intention of distributing […]

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