Germany’s market for medical cannabis extracts has shown meaningful growth this year, per the latest reimbursement data available, which has attracted new brands and products. While the number of flower prescriptions covered by statutory health i…
Author: Sarah Johns
Brazil official sees cannabis cultivation bill making progress in December
A Brazilian bill that would legalize medical marijuana and industrial hemp cultivation could soon have its first debate on the floor of the lower house of Congress, ahead of its expected approval in that chamber before the end of this year, federal dep…
PharmaCielo gets new CEO after revenue collapses; Khiron reports loss
PharmaCielo and Khiron Life Sciences – Toronto-based companies with their main operations in Colombia – reported losses this week for the quarter ending in September. PharmaCielo reported revenue of only 25,913 Canadian dollars ($20,000) fo…
Tilray adds dronabinol to German product portfolio
Canadian cannabis producer Tilray is offering dronabinol in the German medical cannabis market, according to a notice in the German trade publication Apotheke AdHoc. Tilray’s dronabinol is plant-derived – like most, if not all, of the drona…
United Nations approves WHO recommendation to reschedule cannabis in historic vote
The United Nations Commission on Narcotic Drugs (CND) on Wednesday accepted a World Health Organization (WHO) recommendation to remove cannabis and cannabis resin from Schedule IV of the 1961 Single Convention on Narcotic Drugs.
United Nations approves…
Netherlands to draw 10 recreational marijuana growers this week
The Dutch government will hold a draw on Thursday to choose 10 marijuana cultivators for the country’s upcoming pilot program, according to a letter to Parliament from the medical and justice ministers dated Friday, Nov. 27. The winners of the dr…
Upcoming UN vote may be watershed moment for global medical cannabis – if only symbolic
The medical cannabis industry could be in for one of its biggest symbolic wins in decades if a United Nations vote next week implicitly acknowledges the medical value of the drug. During its reconvened 63rd session Dec. 2-4, the United Nations Commissi…
Colombian cannabis producers raise fresh rounds of capital
Some leading licensed cannabis producers in Colombia raised fresh rounds of capital recently. Khiron Life Sciences – a Toronto-based company with its main operations in Colombia – closed a bought deal for 14.5 million Canadian dollars ($11.5 million), …
Latin American cannabis exports continue to fall short of lofty expectations
Expectations that Latin America would become a significant exporter of cannabis for medical and scientific use have not yet materialized, with total export revenue from the continent estimated to be less than $15 million.
Latin American cannabis export…
Mexican Senate approves cannabis legalization bill, ending monthslong delay
The Mexican Senate on Thursday approved a comprehensive adult-use marijuana legalization bill, but the pending law still faces some hurdles before doors are fully open to business opportunities in Latin America’s second-largest consumer market.
Mexican…