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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Canadian MMJ Company Strikes Distribution Deal with Nation’s Largest Independent Pharmacy Chain

Canadian medical cannabis producer Tilray has signed a letter of intent with independent pharmacy Pharmasave as a distributor of Tilray-branded medical cannabis products. Pharmasave is a member-governed cooperative of more than 650 independently owned pharmacies throughout Canada. Today’s announcement puts us in a strong position to expand the availability of our products to additional patients […]

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Canadian Cannabis Producer Inks Deal with Argentinian Firm to Supply MMJ

Canadian medical cannabis producer Aphria has signed an exclusive supply agreement with an Argentinian-based pharmaceutical import and distribution firm to provide medical cannabis products in the Latin American nation. “We are excited to enter the Argentinian market through this initial supply agreement. We see tremendous potential for medical cannabis in several emerging markets in South […]

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Report: Uruguayan Legal Cannabis Model ‘Pioneering’ but Not Perfect

According to a Brookings Institute report, Uruguay’s legal cannabis program has been hindered by supply problems and curtailed access to financial services but the market is maturing and officials are planning to widen the legal points of sale from pharmacies to retail dispensaries. “In order for the regulated cannabis market to displace the black market […]

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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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