Italian Army’s MMJ Production Falling Short of Demand

The Italian Army is tasked with producing the entirety of Italy’s medical cannabis stores and it’s beginning to have trouble keeping up with demand, according to a PBS report. Italy’s military has long been tasked with producing so-called “orphan drugs” — drugs that treat rare, uncommon diseases. Colonel Antonio Medica, commander of the facility growing all of […]

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UK Home Office Returns Epileptic Boy’s Cannabis Medication After It Was Confiscated at Border

Controversy sparked last week when United Kingdom customs agents confiscated a stock of cannabis oils from Charlette Caldwell, mother of 12-year-old epilepsy patient Billy Caldwell. Thankfully, the medications were returned over the weekend, but not until after Billy was hospitalized due to a severe seizure — his first in 300 days, according to his mother. Ms. Caldwell […]

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Canada: Political Showdown Brewing Over Cannabis Home Grows

Last week, Canada’s Senate approved the House of Commons’ bill to legalize cannabis but attached several amendments limiting the scope of legalization, including one that allows provinces to ban home cultivation and another imposing heavy advertising restrictions on cannabis companies. Now, the House of Commons has rejected a number of the Senate’s amendments — including […]

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Uruguay Cannabis Marketplace Experiencing Shortages

Uruguay was the first nation in the world to legalize cannabis for adult use. One year after the market’s launch, however, the country still struggles to meet demand, according to The  Associated Press. Diego Olivera, head of Uruguay’s National Drugs Council, said it’s been almost a year since the legal market launched and it has involved […]

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Canadian Military Will Restrict But Allow Cannabis Use

Lt. Gen. Chuck Lamarre, chief of military personnel in the Canadian Armed Forces, said in a recent interview with the CBC that the Canadian military is not in a position to impose an outright ban on adult-use cannabis. However, Lamarre indicated that restrictions will be more wide-ranging on cannabis consumption than on alcohol. The Canadian […]

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Coffee Shops Selling CBD-Rich, Low-THC Cannabis Now Open in Paris, France

The first two coffee shops serving high-CBD cannabis products in Paris, France opened last week, according to a Telegraph report. The openings follow a softening of French drug laws to allow the sale of cannabis containing less than 0.2% THC, and Parisians lined up outside the businesses to make their purchases. Controversially (considering scientific support for the […]

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Canadian Senate Approves Cannabis Legalization Bill

Canadian senators have ratified Bill C-45, aka the Cannabis Act, in a 56-30 vote with one abstention, according to a CBC report. The vote was true to party lines, with Conservatives dissenting and Liberals and most Independents falling in line under the leadership of Prime Minister Justin Trudeau, who made legalization a large part of his […]

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Edmonton, Alberta City Committee Recommends Allowing Public Cannabis Consumption

On Wednesday, the Edmonton, Alberta city community and public services committee agreed to rules allowing the smoking of cannabis in outdoor public spaces like parks and sidewalks, the CBC reports. Cannabis smokers in outside spaces would conform to similar rules as tobacco smokers, remaining 10 meters away from doors and open windows and 30 meters away […]

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Report: Canadians to Spend $7B on Cannabis by 2019, Consumption Rates Expected to Rise

Canadians are expected to increase their consumption of cannabis by up to 35 percent and spend as much as $7 billion on cannabis by 2019, according to predictions by accounting firm Deloitte. The firm’s report takes an in-depth look at the future Canadian cannabis market, surveying 1,500 different adults living in the country between March 6 […]

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Canopy Growth Acquires Lesotho MMJ Firm

Canadian medical cannabis firm Canopy Growth has acquired Kingdom of Lesotho-based Daddy Cann Lesotho PTY Ltd, trading as Highlands, which holds licenses to cultivate, manufacture, supply, hold, import, export, and transport cannabis and its resin in the African nation. The $29 million acquisition gives Canopy its first foothold in Africa. Canopy now has operations on […]

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MedMen Heads to Canadian Securities Exchange

MedMen, a U.S.-based medical cannabis company, is set to begin trading on the Canadian Securities Exchange today after acquiring Ladera Ventures Corp., an oil and gas shell company, the Financial Post reports. The company completed a $143 million raise before heading to the exchange and has an implied value of $2 billion, according to the […]

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Canopy Growth Reaches New York Stock Exchange

Canadian medical cannabis company Canopy Growth began trading on the New York Stock Exchange under the “CGC” symbol yesterday, but after opening as high as $32.00 in pre-market trading, shares dropped 6.66 percent to $28.20 by the market’s close. It’s the first cannabis company to list on the NYSE and Midas Letter notes that their […]

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Medical Cannabis Company with Colombian Operations Begins Trading on Canada’s TSX Venture Exchange

Canada-based medical cannabis company Khiron Life Sciences Corp begins trading on the TSX Venture Exchange today under the “KHRN” symbol. While the company is based in Canada, its core operations are in Colombia, where they were one of the first companies to receive a medical cannabis license in the Latin American nation. “We are pleased […]

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Aurora Cannabis Invests $1M in Canadian Drug Delivery Company

Canadian cannabis producer Aurora Cannabis has invested $1 million in CCT Pharmaceutical Holdings, Inc, the developers of an oral dose-specific dissolving thin film wafer drug delivery technology. The investment, with a 5 percent convertible debenture, gives Aurora a 9.14 percent interest in CTT and the agreement includes issuance of warrants enabling Aurora to increase that […]

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Zimbabwe MMJ Licensing Plans on Hold Due to ‘Crazy’ Estimates

Zimbabwe is backing off medical cannabis cultivation licensing plans after receiving wildly varied estimates from the 350 applicants interested in the program, the South African reports. Deputy Finance Minister Terrence Mukupe said that too many of the applications offered far different estimates for how much land would be required to grow cannabis and how much money […]

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Canopy Rivers Offering $1M Seed Capital to June ‘Pitch Day’ Winners

Canopy Rivers is hosting a “pitch day” for Canadian cannabis entrepreneurs ahead of federal legalization as part of the “Micro Cannabis, Macro Impact” program that will see the company provide $1 million in seed capital to burgeoning canna-businesses. Prospective companies should intend to or should be in the process of applying for a Health Canada […]

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Canada’s Maricann to Acquire Malta’s Medican Holdings in Stock and Cash Deal

Maricann Group Inc. has agreed to acquire Medican Holdings Ltd, whose subsidiary Medican Research Group is one of six companies that has received a medical cannabis license in the Republic of Malta. The cash-and-stock deal is worth $10.1 million, comprised of $7.6 million in common shares at no less than $2.35, and $2.5 million in […]

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Canada’s Canopy Growth Applies for NYSE Listing

Canopy Growth Corp. – Canada’s largest cannabis company – has applied to list on the New York Stock Exchange, Bloomberg News reports. If approved, it would become the first cannabis producer to trade on the exchange. CEO Bruce Linton said he planned to list on the Nasdaq earlier this year but that he pulled back […]

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Aurora Cannabis Reaches Deal to Acquire MedRealf in C$3.2B Stock Deal

Aurora Cannabis Inc. is set to acquire MedReleaf Corp. in an all-stock deal worth C$3.2 billion. Under the agreement MedReleaf common stock shareholders will receive 3.575 Aurora common shares for each MedReleaf share and upon completion existing Aurora shareholders would own 61 percent of the pro forma company while existing MedReleaf shareholders would own 39 […]

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Canadian PM Trudeau: Cannabis Will be Legal this Summer

Canadian Prime Minister Justin Trudeau has pledged that cannabis will be federally legal in the nation by this summer despite the recommendations of several Senate committees to delay the reforms’ implementation, CBC News reports. “We have been working with our partners across the country to make this happen and we are going to be moving […]

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Ontario Government Awards $300K Grant for Cannabis Beer Project

The Ontario, Canada government has awarded a $300,000 research grant to Province Brands of Canada to help them develop a beer brewed with cannabis, the Ottawa Citizen reports. The Toronto-based company will work with Loyalist College to develop the beer. Edibles are not included in the federal legalization plan but lawmakers have indicated they would […]

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Canadian Senate Committees Recommend Delaying Rec. Cannabis Bill

Canadian Prime Minister Justin Trudeau is non-committal about whether he is willing to delay implementing the bill to legalize cannabis for adult use in the nation as Senate committees recommend changes to the landmark legislation, the Canadian Press reports. The chamber’s Aboriginal Peoples Committee released a report on Tuesday urging Liberals to delay the measure […]

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Zimbabwe Legalizes Medical Cannabis Cultivation

Zimbabwe has opened applications for licenses to cultivate cannabis for medical and research purposes, according to a Reuters report. The approval makes Zimbabwe the second country in Africa to legalize cannabis cultivation after Lesotho approved its own regulations last year. The licenses will be valid for five years. They will allow growers to possess, transport, […]

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Report: Colorado’s Dixie Brands Considering IPO in Canada

Denver, Colorado-based cannabis beverage maker Dixie Brands is considering launching an initial public offering and listing in Canada aiming toward expansion and acquisitions early next year, according to a Bloomberg report. Dixie CEO Chuck Smith said the company will have revenues of $20 million this year and anticipates revenues of $50 million next year. “We […]

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