aurora cannabis

Germany launches application process for distribution of domestically produced cannabis flower

Germany is looking for a distributor to service the government’s cannabis agency. The winning company will be responsible for shipping all domestically produced medical cannabis flower to pharmacies. The requirements and awarding criteria for the post indicate that companies with experience distributing narcotic drugs – and those able to offer a low price for their […]

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More Canadian cannabis companies receive EU-GMP certifications

Two Canadian cannabis companies received EU-Good Manufacturing Practice (GMP) certification, an essential step to exporting medical marijuana to markets in the European Union. Brampton, Ontario-based producer Northern Green Canada received its EU-GMP certification March 4. On the same day, Eve & Co subsidiary Natural MedCo earned a certificate of EU-GMP compliance for its Strathroy, Ontario, […]

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German government doesn’t know how much cannabis sold in 2019, can’t estimate 2020 demand

The German federal government admitted that it doesn’t know how much medical cannabis was sold in the country in 2019. The government also cannot estimate demand for 2020. Lack of accurate official information can make it harder for businesses trying to plan their strategies in Europe’s most important medical marijuana market. It also can lead […]

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Approvals soar for outdoor cannabis cultivation in Canada, with 100-plus applicants in line

As a growing number of Canadian cannabis cultivators retreat from costly greenhouse expansions, more applicants than ever are readying lower-cost outdoor projects. The number of authorizations to cultivate marijuana outdoors doubled to 33 so far this year from last summer’s 17, according to new figures from Health Canada. Ten of those are micro-cultivators, meaning they’re […]

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Week in Review: Aurora CEO departs, Whoopi Goldberg leaves medical cannabis firm, NM allows MMJ business tax deductions & more

Aurora’s Terry Booth exits the company, a big-name celebrity leaves the namesake medical marijuana retailer she co-founded, a New Mexico court allows MMJ business tax deductions – and more of the week’s top cannabis business news. Another Canadian cannabis CEO departs Canadian multinational marijuana company Aurora Cannabis announced its chief executive stepped aside this week after […]

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Aurora to resume medical cannabis sales in Germany

Alberta, Canada-based Aurora Cannabis said Monday that it obtained the necessary permits to resume sales of medical marijuana in Germany. In November, Marijuana Business Daily reported that the company’s products were not available in Germany until further notice. According to Aurora, pharmacies can now start fulfilling orders from “inventory currently held in Germany.” Germany, the largest […]

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Executive exodus continues in cannabis boardrooms with Sundial CEO’s resignation

Turnover inside the boardrooms of Canadian cannabis producers shows no sign of slowing. Cannabis producer Sundial Growers said Thursday that Torsten Kuenzlen stepped down as a director and CEO “to pursue other interests.” His departure is effective immediately. Kuenzlen joined the Calgary, Alberta-based company to much fanfare – and high expectations – in 2018. However, Sundial’s stock has […]

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Aurora Cannabis offshoot Australis Capital announces CFO departure

Australis Capital, an investment group that spun off from Canada’s Aurora Cannabis, announced the departure of Chief Financial Officer Michael Carlotti. In a brief news release issued after market close on Jan. 17, Las Vegas-based Australis said Carlotti’s employment had been “terminated” effective Jan. 16. The company gave no explanation for the move. Alex Han will […]

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Product supply interruptions hit German medical cannabis market, but government dismisses risk of shortages

Supply disruptions are rippling through Germany’s growing medical cannabis market, but the country’s federal government says there are no signs at the moment of widespread product shortages. In response to a recent parliamentary inquiry, the government noted that pharmacies that sell medical cannabis have access to a variety of distributors beyond some companies whose products […]

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Top 10 global cannabis stories of 2019: WHO backs rescheduling, Linton out at Canopy, Canadian firms eye US & more

Cannabis markets in Canada and elsewhere in the world went on a roller-coaster ride in 2019, as irrational expectations gave way to more realistic market assessments. Global medical marijuana markets, corporations and top executives experienced breakthroughs and setbacks this past year. That’s the gist of the 10 most widely read business stories carried by Marijuana Business Daily […]

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