South Korea Lawmaker Pushing for MMJ Reforms

A South Korean lawmaker is urging his colleagues to legalize cannabis for medical use, saying that the nation’s drug laws are having adverse effects and leading to arrests of people buying hemp oil, according to Korea Biomedical Review. “The law strictly forbids the sale and purchase of cannabis, which led to a recent case of […]

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Canadian Cannabis-Centric Entrepreneur Collective Acquires Uruguay Hemp Producer

In their first foray into Latin America, British Columbia, Canada-based Cannabis Wheaton Income Corp. is set to acquire Uruguayan hemp producer Inverell S.A. in a deal worth $15 million. Inverell is licensed in Uruguay to cultivate and harvest a proprietary hemp strain containing 0.5 percent THC and 8 percent CBD. Inverell also owns a genetic […]

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Canadian Territory of Nunavut Releases Cannabis Policy Draft Rules

The Government of Canadian territory Nunavut has released their draft rules for cannabis regulation, setting the legal purchase and possession age at 19 and keeping the possession limit at 30 grams – in line with federal proposals. The rules also provide landlords the ability to ban smoking or growing cannabis on their properties but suggest […]

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Aurora Sky Facility Receives Health Canada MMJ Cultivation License

Aurora Cannabis Inc. has received a cultivation license from Health Canada for its under-construction, 800,000-square-foot facility at the Edmonton International Airport, dubbed Aurora Sky. The facility will be able to produce more than 100,000 kilograms (220,462 pounds) of cannabis annually. “The licensing of Aurora Sky is a game changing milestone for the cannabis industry and […]

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Canadian MMJ Producer Aphria to Acquire Nuuvera for $826M

Canadian medical cannabis producer Aphria Inc. is set to acquire Nuuvera Inc. for $826 million as part of its efforts to expand into Europe, Africa, and the Middle East, where Nuuvera already has a strong presence. Aphria will pay $8.50 per share to Nuuvera shareholders – a 21.4 percent premium over the stock’s Friday close price. […]

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France Reduces Penalties for Low-Level Cannabis Possession

The French government has announced that low-level cannabis offenses will now be met with fines of 150 to 200 euros, but ruled out broad decriminalization, France24 reports. Interior Minister Gerard Collomb said that while on-the-spot fines would be the new law of the land, further action against offenders would remain an option. According to the […]

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Canadian MMJ Producers Aurora and CanniMed Come to Terms in $1.1B Deal

In the most valuable cannabis industry deal to date, Canadian medical cannabis producers Aurora Cannabis Inc and CanniMed Therapeutics have entered into a support agreement that will create the most valuable cannabis company in the world. The deal, which comes months after Aurora set in motion a hostile takeover bid of CanniMed and led to the […]

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French Government Report Recommends Fines for Cannabis Charges to Free Up Police

A French government report suggests the nation’s cannabis laws should be reformed in an effort to free up police, calling for fines instead of bringing cases to court, according to a France24 outline of the report, which is due Wednesday. The report recommends introducing a fixed fine of between 150 and 200 euros, allowing police […]

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Canada’s Shoppers Drug Mart Inks Third Deal to Provide MMJ to Consumers

Canadian medical cannabis producer Tilray has entered an agreement with the nation’s largest provider of pharmacy products and services, Shoppers Drug Mart, to sell its products to consumers, according to a KamloopsBCNow report. This is the third medical cannabis producer to strike a deal with Shoppers Drug Mart – Aphria and MedReLeaf announced their own […]

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Aurora Subsidiary Wins Italian MMJ Contract

Pedanios GmbH, a wholly-owned subsidiary of Canada’s Aurora Cannabis Inc., has won a contract to supply medical cannabis to the Italian government through the Ministry of Defense, which oversees the nation’s medical cannabis program. Under current Italian law, the Defense Ministry currently produces the medical cannabis for Italian patients, but some wholesalers can purchase products […]

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Montreal Officials Want to Keep 1/3 of Cannabis Taxes and Jurisdiction Over Outdoor and Event Use

The city of Montreal, Quebec, Canada is seeking a third of the tax revenues derived from recreational cannabis sales in the city, claiming the funds will help raise the estimated $4 million to $9 million it will need to hire as many as 50 police officers, and train firefighters and other civil security workers once […]

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Prince Edward Island, Canada Releases New Provincial Rules for Cannabis Legalization

Officials in Prince Edward Island, Canada have offered more details on their cannabis legalization rules, announcing that adults 19-and-older will be allowed to possess up to 30 grams in public with no restrictions on limits in private residences, the CBC reports. The Department of Justice and Public Safety also announced that Canada’s Island Garden, OrganiGram, […]

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Aphria Acquires Broken Coast in Latest Canadian MMJ Deal

Canadian medical cannabis producer Aphria Inc. has signed a letter of intent to acquire British Columbia’s Broken Coast Cannabis Inc. in a deal worth about C$230 million. The deal, subject to customary closing adjustments, will be paid in C$10 million cash and the remainder in Aphria shares. The deal will see Aphria become the largest […]

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Survey: Canadians ‘Uncomfortable’ Using Cannabis with Family; Support Legalization

As Canada moves forward with federal legalization, two in three Canadians surveyed by Business of Cannabis and Nanos Research indicated they are “uncomfortable” or “somewhat uncomfortable” using cannabis products with their families but citizens across all age demographics are supportive of legalization and retail sales. The survey, released Jan. 10, found that 82.1 percent of […]

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Denmark Physicians Not Prescribing MMJ Under New Trial Program

On Jan. 1 Denmark rolled out its four-year $3.2 million medical cannabis trial in earnest; however, according to the Copenhagen Post, few physicians have agreed to prescribe cannabis to qualified patients – and are under no obligation to do so.   When the trial was announced by officials in November 2016, the stated goals were […]

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Cannabis Stocks in US & Canada Rocked by Sessions Policy Change

Cannabis stocks in both the U.S. and Canada took at hit following the announcement by U.S. Attorney General Jeff Sessions that he was rescinding the Obama-era Cole Memo, which had allowed state-approved cannabis programs to proceed without federal interference. In the U.S, Scotts Miracle-Gro Co., which has recently expanded into plant nutrients and hydroponic growing systems, […]

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Australia Gives Green Light for MMJ Exports

Australia’s health minister has announced medical cannabis producers in the nation will be able to export products to other countries with federal cannabis programs, according to an Australian Associated Press report. “By helping the domestic manufacturers to expand, this, in turn, helps to ensure an ongoing supply of medicinal cannabis products here in Australia.” – […]

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Aurora Stock Climbs on Domestic and European MMJ Success; Firm Buys More CanniMed Stock

Canadian medical cannabis company Aurora Cannabis Inc. saw a 10 percent increase in their stock price on Tuesday after announcing they had sold 354 kilograms (780.4 pounds) of cannabis in Canada and Germany in November. The stock, traded on Canada’s Toronto Stock Exchange, opened Tuesday at CA$10.75 and closed at CA$11.82. Aurora announced its domestic […]

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Canadian Regulators Make Initial Ruling in Aurora-CanniMed Takeover Saga

The Ontario (Canada) Securities Commission has issued a regulator ruling in Aurora Cannabis Inc.’s attempted hostile takeover of CanniMed Therapeutics Inc., indicating that any securities issued by CanniMed as a defense against the bid must be cease-traded, the Canadian Press reports. The ruling requires Aurora to amend its takeover bid circular and all related press […]

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Mexican Regulators Expect MMJ Access in Early 2018

According to Julio Sánchez, Mexico’s commissioner of the Federal Commission for the Protection against Sanitary Risk (COFEPRIS), patients in the nation are expected to have access to medical cannabis products in the first quarter of 2018, according to a Riviera-Maya report. What’s allowed under the federal medical cannabis regime? Medical companies can import cannabis-based products […]

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New Brunswick, Canada Unveils Potential Cannabis Retail Shop Designs

Regulators in New Brunswick, Canada have released potential retail cannabis store designs, which New Brunswick Liquor Corp. spokesman Mark Barbour calls “very chic, very modern” and “along the lines of a jewelry store,” according to the report from The Canadian Press. In an artist rendering, the upscale shops would feature grey walls and black ceilings, […]

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Australian Government Releases MMJ Guidelines

The Australian government has released guidelines for physicians to effectively use cannabis as a treatment for chronic pain and epilepsy. Included is advice about whether patients with chemotherapy-induced nausea and vomiting and terminally ill patients in palliative care could benefit from medical cannabis treatments, according to a Courier Mail outline of the directive. The guidelines also […]

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Health Canada Nearly Doubles Cannabis Production Licenses Since May

Canadian officials have nearly doubled the number of cannabis production licenses since May –  from 44 to 80 – as the nation prepares for adult-use legalization, the Canadian Press reports. Health Canada spokeswoman Tammy Jarbeau indicated that, as of Dec. 1, there are another 208 applicants in the final approval process. “These applicants have completed […]

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Colombian MMJ Licensed Producer Expects Patient Access in 6 Months

As world governments inch closer to cannabis reforms – both medical and recreational – Colombia is no different. Although the country legalized cannabis for medicinal use in 1986, no regulatory body existed to grant permits for cultivation, production or distribution until 2015, when President Juan Manuel Santos issued a decree to do just that. “Our […]

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