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Canadian MMJ Producers Poised to Release Oils, Extracts

Several of Canada’s premier medical marijuana producers are ready to start selling oils and extracts, pending formal approval by the federal government. The move to broaden Canadian MMJ offerings came just this past summer, after Health Canada – which oversees the marijuana industry – issued a clarifying order that cannabis producers are allowed to manufacture […]

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Uruguay picks two marijuana cultivators

The first nation to legalize recreational marijuana has selected a pair of companies to grow and produce cannabis that will eventually be sold at state-owned pharmacies. Simbiosys SA, which is backed by Uruguayan and Argentinian investors, and Iccorp won the two licenses over nine other competitors, according to Bloomberg. Simbiosys’ investors may put as much […]

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Illegal Dispensaries Hurting Canada’s Licensed Producers

The CEO of Tilray, a licensed medical cannabis producer in Canada, says the failure of Vancouver to regulate unlicensed dispensaries is negatively affecting the company’s business results. Greg Engel said the proliferation of federally illegal dispensaries in British Columbia “has been a challenge,” according to a report in the Georgia Straight. Only 7% of the […]

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Experts: Canada must develop regulations on cannabis edibles, extracts quickly

By Tony C. Dreibus Canadian officials must craft rules on infused products quickly to ensure patients buy from federally licensed cannabis companies instead of illegal dispensaries or the black market, industry experts said. The Supreme Court of Canada last week struck down a provision in the country’s medical marijuana law that restricted cannabis production,

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43 Companies Vying for New York MMJ Licenses

The final tally is in: 43 companies, including several from outside of New York, turned in applications for the five medical marijuana business licenses the state will award next month. View the entire list of applicants here. Two of the most prominent names included on the list are Tilray New York and Mindful Medical New […]

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Canadian Cultivator Seeks Ban on ‘Kickbacks’ to Physicians

Canada-based medical cannabis producer Tilray has left the country’s main industry lobbying group and wants to see a code of ethics developed to outlaw compensation to physicians, saying it’s been approached by clinics asking for payment in exchange for patient referrals. Other Canadian growers also have said they’ve  experienced a similar situation, as doctors are […]

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Privateer Closes Record $75 Million Financing Round

It’s official: Privateer Holdings has closed on its $75 million round of financing, capitalizing on a recent rush of investments in the cannabis industry. The private equity firm – which owns the strain review site Leafly, the Canadian medical marijuana producer Tilray, and the cannabis brand Marley Natural – plans to use the money to […]

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Ups and Downs in the Canadian MMJ Industry

By Tony C. Dreibus New regulations in Canada designed to improve access to higher quality medical cannabis have shaken up the market. The rules have left some patients with few options to purchase and consume their medication, leading to several lawsuits. Meanwhile, the licensed cultivators and sellers who are now responsible for supplying safe, tested […]

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Canadian MMJ Company Issues Recall

A Canadian company is recalling three batches of medical marijuana because they may contain high levels of bacteria, Health Canada said. Tilray, a British Columbia-based medical marijuana grower and seller, voluntarily recalled its sativa, hybrid and indica house blends after Health Canada inspectors found that the batches tested above compliance standards for bacteria. No reports […]

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