A bill to regulate the production of medical marijuana in Malta would make the country among the first in the European Union to lay the groundwork for cannabis manufacturing and position it as a supplier in the 28-nation bloc, according to executives and analysts. The Production of Cannabis for Medicinal Use Act, which would apply […]Read More
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.Read More
Quebec has entered into multiyear agreements with licensed producers to supply over 60,000 kilograms of cannabis for the province’s retail and online recreational stores.
With adult-use legalization in Canada looming late this summer, the province is the largest market so far to start securing a supply of cannabis.Read More
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 […]Read More
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 […]Read More
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. […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More