Major Pharmaceutical Company Partners with Canadian MMJ Firm for Non-Smokable Products

The fourth largest pharmaceutical company in the world by revenue, Novartis International AG, is partnering with Canadian medical cannabis company Tilray to develop and distribute medical cannabis products. The partnership will be spearheaded by Sandoz Canada, an arm of Sandoz International GmbH, which is the generics-focused branch of Novartis. The companies will co-develop and market […]

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First Jamaican MMJ Dispensary Opens in St. Ann

Kaya Herbhouse in St. Ann, Jamaica has opened its doors and is the first legal medical cannabis dispensary in the nation to make products available to patients, the Jamaica Gleaner reports. Their first patient was Gloria Palomino, who suffers from lupus. Palomino said she didn’t “want to be taking medication forever” and sought something more natural […]

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UN Report Calls Out Nations for Cannabis Legalization

In their 2017 annual report, the United Nations International Narcotics Control Board called out Uruguay, the Netherlands, Jamaica, Canada, and U.S. states for implementing or moving forward with cannabis legalization. “The Board wishes to reiterate that any measures that permit or would permit the use of cannabis for non-medical purposes are in clear violation of […]

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Timeline for Canadian Legalization Gets Murky as Senate Pushes for Drugged Driving Bill

The Canadian Senate is effectively stalling federal cannabis legalization as they push for drugged-driving legislation, according to a report from Investor Intel. According to their analysis of the situation, December 2018 would be the earliest legalization could occur and the chamber could delay the legislation to the next election, which would effectively kill both the […]

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Retail Cannabis Applications Open in Alberta, Canada

Retail cannabis applications have opened in Alberta, Canada and the provincial Gaming and Liquor Commission expects to receive about 250 applications for the businesses over the next year, the Edmonton Journal reports. There is no cap on the number of retail licenses the agency will approve; however, no single person or entity can hold more […]

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Israeli MMJ Company Signs 6yr Production Deal with European Client

Israeli medical cannabis company Medivie Therapeutics and its subsidiary High Pharma has announced a $110 million deal to cultivate and manufacture medical cannabis products for a European client in what the company calls the largest deal of its kind in Israel to date, the Times of Israel reports. The company indicated that if the federal […]

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Greece Parliament Passes MMJ Bill

Greece’s Parliament has approved legislation allowing the cultivation and manufacturing of medical cannabis, according to the Greek Reporter. The measure was supported by the ruling majority To Potami and Democratic Alignment parties and opposed by New Democracy, Golden Dawn, Centrists’ Union, and the Communist Party – the latter of which called on the ministry to […]

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Report: Cannabis Industry Investments Hit $1.23B In First Weeks of 2018

According to a Viridian Cannabis Deal Tracker report outlined by Bezinga, investments in the cannabis space have increased 600 percent over the first five weeks of 2018 compared to the first five weeks of 2017. In the first five weeks of 2017, cannabis industry investments reached $178 million, while this year they have already swelled […]

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New South Wales, Australia Streamlines MMJ Process for Patients

New South Wales Health Minister Greg Hunt has “taken a machete” to the federal medical cannabis regulations in order to allow “direct and immediate access” to the program for patients, the Australian Broadcasting Company reports. The changes will take effect in the coming weeks. “Where the doctors say it is required, we’ll make sure it […]

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Canadian MMJ Company Listed on U.S. NASDAQ

Toronto-based medical cannabis company Cronos Group is the first Canadian cannabis company to be listed on the U.S. NASDAQ, according to a Forbes report. The company holds 100 percent of two Canadian medical cannabis companies: Ontario’s Peace Naturals and British Columbia’s Original BC. The company also holds a 21.5 percent stake in Whistler Medical Marijuana […]

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Two Maricann Directors, Including Board Chairman, Resign Amid CSE Investigation

Canadian medical cannabis company Maricann Group Inc.’s chairman along with a board member have stepped down amidst a review by the Canadian Securities Exchange of its planned $70 million financing, the Canadian Press reports. The review has put the financing on hold – but it has not been terminated. The company has been advised orally […]

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Study: 96% of Cancer Patients Find Relief with MMJ

A study published in the European Journal of Internal Medicine conducted medical cannabis producer Tikun Olam found 96 percent of cancer patient respondents reported an improvement of their condition through the use of medical cannabis. The study encompassed 2,970 cancer patients with an average age of 60 who reported sleep problems, pain, nausea, and decreased […]

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Canadian MMJ Company Acquires Malta-based Lab to Produce and Distribute Cannabis Oils

Canadian medical cannabis producer Nuuvera has acquired Malta-based laboratory ASG Pharma, one of few Maltese Good Manufacturing Practice labs. ASG Pharma is expected to be one of Nuuvera’s hubs for medical cannabis oil production and distribution. “It is clear that Malta specifically and the European Union generally intend to make consumer protection a priority, and […]

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Report: Global Cannabis Spending Could Reach $57B by 2027

According to a report from Arcview Market Research and BDS Analytics, global spending on legal cannabis is expected to reach $57 billion by 2027, with adult-use sales driving the industry to the tune of $38.3 billion. Medical sales are estimated to comprise $19.1 billion. The U.S. and Canada are expected to lead the way – […]

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Canadian Student Union Approves Student Health Plan MMJ Coverage Pilot Program

The student union at the University of British Columbia’s Okanagan campus have approved a pilot program that will allow their student health insurance to cover medical cannabis, according to a CBC News report. This is the second university in Canada to approve allowing medical cannabis coverage under its healthcare plan after the University of Waterloo approved […]

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Canopy Growth Receives License for World’s Largest Cannabis Cultivation Site

Canadian medical cannabis producer Canopy Growth Corp. has been granted a license for the largest federally-licensed cannabis cultivation site in the world – it’s 1.3 million-square-foot site in Aldergrove, British Columbia. The site is one of two operating under a partnership with BC Tweed, known as the BC Tweed Joint Venture. The license covers more […]

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Newfoundland and Labrador Cannabis Regulators Request Canna-business Proposals

The Newfoundland and Labrador Liquor Corp has launched Cannabis NL, which will oversee recreational cannabis sales in the Canadian province, according to a report from the Telegram. The formation of the cannabis arm comes with a call for canna-business proposals and NLC officials expect to award 41 total licenses in the first round, not including […]

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Canadian Cannabis Legalization Delayed Until at Least August

Recreational cannabis sales in Canada will not begin on July 1 as anticipated as federal lawmakers have come to an agreement that will see the legislation taken up on or before June 7, CBC News reports. Health Minister Ginette Petitpas-Taylor said that it would take eight to 12 weeks after the legislation is approved to get […]

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Shopify Will Run Ontario’s Legal Cannabis Sales Platforms

The government of Ontario, Canada has tabbed Shopify Inc. to run online retail cannabis sales, the Canadian Press reports. Shopify’s platforms will also be used at retail points-of-sale. “Our top priority is fulfilling the province’s framework for the safe and sensible retailing of recreational cannabis for when it is legalized by the federal government. We […]

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Six Companies Sign on With Quebec, Canada Government to Supply Adult-Use Cannabis Market

Six licensed medical cannabis companies have signed on with the province of Quebec, Canada to provide 60,000 kilograms (132,277 pounds) of cannabis for the forthcoming adult-use cannabis market, the Globe and Mail reports. The provincial government expects to open 15 stores throughout Quebec and will allow online sales. The companies include: The Hydropothecary Corp. – […]

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Study: MMJ ‘Safe and Efficacious’ for Elderly, Reduced Opioid Use by 18 percent

In a study published in the European Journal of Internal Medicine, Israeli researchers, including Raphael Mechoulam, found that after six months of medical cannabis treatment, 18 percent of 2,736 patients over age 65 were able to stop or reduce their opioid use. Pain and cancer were the two most common indications for cannabis treatment in […]

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Report: Canadian Cannabis Legalization Could be Stalled Past July

Some Canadian lawmakers suggest that federal cannabis legalization could be delayed past July as the legislation to implement the reforms must be approved by May in order for the industry to be fully prepared for the new regime, according to a CBC report. Health Minister Ginette Petitpas Taylor said that officials from lower levels of […]

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Israeli PM Netanyahu Blocks MMJ Export Plan Pending Review

Israeli Prime Minister Benjamin Netanyahu is preventing medical cannabis companies from exporting products – a move that was approved in August by Finance and Health Ministers – pending a policy review by the Health Ministry and the National Economic Council chairman, according to a Haaretz report. The program suspension comes after the Public Security Ministry […]

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German Police Association Calls for Cannabis Decriminalization

A German police association is calling for the decriminalization of cannabis throughout the nation, and André Schulz, the head of the organization, predicts that “cannabis will not be banned for long in Germany,” according to a report from The Local. “The prohibition of cannabis has historically been seen as arbitrary and has not yet been […]

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