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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U.K. Royal College of Physicians Calls for Legalization of Cannabis, Cocaine, Heroin

The Royal College of Physicians, a professional organization in the United Kingdom which represents 26,000 medical professionals, have called for the legalization of cannabis, heroin, and cocaine saying the criminal justice system is stopping people from seeking help, according to a report from the Sun. The position is in line with a Royal Society of […]

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Statistics Canada: 14% of Canadians Have Used Cannabis During Last 3 Months

According to the Statistics Canada National Cannabis Survey released Apr. 18, Nova Scotia leads the nation in cannabis use over the last three months, with 20 percent of respondents indicating they have consumed some cannabis during the period. Overall, 14 percent of Canadians admitted to using cannabis during the last three months. Cannabis use in […]

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Cannabis Canada Council Launches as Nation Moves Toward Legalization

Members of Canada’s cannabis industry have formed the Cannabis Canada Council, a single national industry association for the sector. The council includes members of the Cannabis Canada Association, the Canadian Medical Cannabis Council, and operators such as Canopy Growth, Tilray, Aurora Cannabis, MedReleaf, Aphria, Emblem, Cronos Group, Hydroapothecary, Emerald Health Therapeutics, The Supreme Cannabis Company, […]

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Australian Green Party Proposes Cannabis Legalization

The Australian Parliamentary Budget Office has found that legalizing cannabis throughout the nation would be worth nearly $2 billion a year for the government, according to a Guardian report. The Green Party has proposed a plan to tax-and-regulate cannabis for adults, which, according to the PBO, would raise $3.6 billion over the first four years […]

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Saskatchewan Canada Opens Cannabis Wholesale Permits

The Saskatchewan Liquor and Gaming Authority is now accepting applications for wholesale cannabis permits and licensed producers. There is no limit in the province on the number of wholesale permits, but those permittees can only sell to retailers and not to the general public. Wholesale permit fees run $5,000, including a $2,000 non-refundable application fee […]

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Canada’s CannaRoyalty Continues California Push, Reaches Agreement to Acquire FloraCal

Canadian cannabis product and brands company CannaRoyalty is continuing its expansion into California, announcing that it has entered an agreement to acquire 100 percent of Sonoma County’s FloraCal Farms for $1 million in cash and 3,508,772 CannaRoyalty shares on close of the deal, with an additional $3 million in cash and the same number of […]

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Antigua and Barbuda Legalizes Medical Cannabis

Antigua and Barbuda’s Prime Minister Gaston Browne has announced that the Caribbean nation will legalize medical cannabis use, the Daily Mail reports. Browne said that prohibition was not for the health and well-being of users, rather to serve the “racist, political, and economic interests of the global powers at that time.” Antigua and Barbuda made […]

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Yukon Signs First Rec. Cannabis Supplier

Canadian cannabis producer Tilray affiliate High Park Company has signed an agreement with the Yukon Liquor Corporation to produce and distribute cannabis products in the territory. It’s the first company to come to terms to serve the region. According to a CBC report, Yukon will receive a 50 kilogram shipment once the federal reforms take […]

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Aurora Cannabis German Subsidiary Ships MMJ to Italy; First Non-Government Supplier to Italian Market

Aurora Cannabis has shipped medical cannabis to the Italian government, becoming the first non-government supplier to the Italian market. The products were shipped from the Canadian company’s wholly-owned German subsidiary Pedanios GmbH. The products will be distributed through Italian pharmacies. In January, Aurora and Pedanios won a public tender to supply the Italian government with […]

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MedMen Proposes Reverse Takeover of Canadian Media Company to Access Stock Market

U.S. cannabis company MedMen has announced a proposed reverse takeover of OutdoorPartner Media, which would enable Medmen — a Los Angeles, California-based company — to trade on the Canadian Securities Exchange. MedMen is vertically integrated in three states, including Nevada, New York, and California, where it operates seven licensed retail dispensaries. The deal is worth […]

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NORML Launches Website to Send FDA Public Comments Regarding Cannabis Rescheduling

The Food and Drug Administration is asking for public comment on the international scheduling of cannabis following a request from the World Health Organization. “The Food and Drug Administration (FDA) is requesting interested persons to submit comments concerning abuse potential, actual abuse, medical usefulness, trafficking, and impact of scheduling changes on availability for medical use […]

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Celebrities Will Not Be Allowed to Endorse Canadian Cannabis Products

Celebrities will not be allowed to endorse recreational cannabis products in Canada and a July 1 legalization date was “never on the table,” according to the government’s legalization point-man MP Bill Blair. The former Toronto Police chief appeared on The West Block to clarify some aspects of the nation’s forthcoming legalization scheme. “The law is […]

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Israeli Pharmacies to Sell MMJ Under Pilot Program This Month

Starting April 20, some Israeli pharmacies will begin selling medical cannabis products under a national pilot program, CTECH reports. The program, approved by the government in 2016, will see participation from 20 pharmacies as part of a broader Ministry of Health-approved expansion. That expansion included overhauls to reduce patient wait times and a product export plan; […]

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Calgary, Alberta, Canada City Council Votes to Ban All Public Cannabis Use

The Calgary, Alberta, Canada City Council has moved to ban all cannabis consumption in public but included exceptions for those with medical need, the Calgary Herald reports. The regulations also prohibit retail shops from opening 150 meters (about 492 feet) from schools and emergency shelters and 10 meters (about 33 feet) from daycares, pawnshops, and […]

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Canada’s CannaRoyalty Acquires Third California Cannabis Company

Canadian cannabis business operator and investment firm CannaRoyalty Corp. has acquired California’s River Distribution and its affiliates which hold both medical and recreational distribution licenses in the state. The stock deal is worth 5 million CannaRoyalty common shares, another 1,650,000 shares subject to operation milestones, and 2 million shares subject to other financial milestones. In […]

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Dutch Officials to Supply Netherlands Coffeeshops with Cannabis In 4-Year Experiment

Dutch officials have announced a three-phase “experiment” to legally supply the Netherlands’ cannabis coffee shops with products. The plan, first discussed in Oct. 2017, is expected to reign in the illicit market, the European Monitoring Centre for Drugs and Drug Addiction reports. The three phases: Preparation: designating cultivators and establishing a research consortium. Experiment: a […]

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Australian Company Set to Begin MMJ for Dogs Study

Australia’s CannPal Animal Therapeutics has received medical cannabis oils from Canada’s Aphria Inc to begin clinical trials of what it calls its lead drug candidate, known as CPAT-01. The company has already completed the dog selection for the live phase of the study, which will be conducted in two phases. The first phase will involve 11 […]

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Canadian Senate Moves Cannabis Legalization Bill to Second Reading

Canada’s Senate has passed the bill to legalize cannabis onto a second reading, moving it to five committees for further study, according to a report from the CBC. The measure passed 44-29, mostly across party lines; a defeat would have pushed the bill back to the lower chamber and jeopardized the chances of the program […]

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