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German cannabis imports rise to 34.6 tons as cultivators eye end of quota system

Germany imported a record amount of cannabis for medical and scientific use in 2023, as international businesses looked for sales opportunities in Europe’s largest federally regulated medical marijuana market.
German cannabis imports rise to 34.6 tons …

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Overtaxed & Overburdened’: Cannabis Industry Suffocating Under Regulatory Regime

Cannabis Council of Canada’s Paul McCarthy says he’s ‘bewildered’ at the feds’ lack of action despite growing calls from industry, experts, and a House committee. With thousands of job losses since marijuana’s legalization in 2018, cannabis companies l…

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Canada’s cannabis sales rise 1.7% in February year-over-year

Canadian cannabis consumers purchased CA$376.2 million ($273.9 million) of recreational marijuana in February 2024, a record for February.
Canada’s cannabis sales rise 1.7% in February year-over-year is a post from: MJBizDaily: Financial, Legal &…

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Manitoba expected to overturn ban on homegrown cannabis

Manitoba, one of two provinces to enact rules against growing adult-use marijuana at home when Canada legalized cannabis in 2018, plans to reverse the ban.
Manitoba expected to overturn ban on homegrown cannabis is a post from: MJBizDaily: Financial, L…

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No cannabis excise tax reform in 2024 Canadian budget

Canada’s legal cannabis industry is not getting any excise-tax relief from the Liberal government’s 2024 budget.
No cannabis excise tax reform in 2024 Canadian budget is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis en…

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Canada’s cannabis industry prays for tax reform in federal budget

Canada’s Liberal government unveils its 2024 budget on Tuesday, and the country’s cannabis industry wants one thing above all: relief from a heavy excise-tax burden.
Canada’s cannabis industry prays for tax reform in federal budget is a post from…

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Canada’s Finance Minister Warned About Cannabis Industry ‘Financial Distress’

Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country’s cannabis producers, including skyrocketing tax debt and widespread insolvencies. The calamities facing the industry were spelled o…

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How a Cannabis Crash is Weeding Out The Field, While It’s a Slow Burn For Others Trying to Survive

Some large investments in N.L. production have gone up in smoke As Brian Keating pulls the plastic lid off a small cannabis storage container, a pungent herbal smell wafts quickly throughout the room. “That’s quality,” said Keating, referring to the hi…