The Czech market for medical cannabis flower quadrupled last year compared to 2019, according to data published by the State Agency for Medical Cannabis. However, the market remains very small. In 2020, roughly 68 kilograms (150 pounds) of medical cann…
Europe Cannabis Industry & Marijuana Business News
Insights into 20 years of organic growth, profitability at marijuana vape maker Storz & Bickel
Focus on your value proposition instead of offering the cheapest product in the category. Figure out how to grow organically using your own financial resources instead of being distracted by your competitors’ latest financing round. Those are jus…
GW Pharma expects fiscal 2020 sales to reach $526 million
United Kingdom-based GW Pharmaceuticals expects to report annual sales of approximately $526 million for the year ended Dec. 31, 2020, it said in a preview of its fourth quarter and full-year results. Fourth quarter net sales will be approximately $148…
German entrepreneurs find revenue opportunities in private cannabis market
As public health insurance payouts for medical cannabis in Germany stagnate, entrepreneurs are focusing instead on the private health-care sector, where medical consultations and marijuana is paid for directly by patients. Although Germany is often tou…
Denmark medical cannabis sales post a positive quarter thanks to Epidiolex
Sales of medical marijuana in Denmark posted healthy gains in the third quarter of 2020, coinciding with the launch of GW Pharmaceuticals’ cannabis drug Epidiolex. Overall sales of all medial cannabis products grew from about 13 million Danish Kr…
Polish medical cannabis market growing rapidly but remains very small
The Polish medical cannabis market is growing rapidly, with imports through August 2020 more than doubling compared to 2019, Marijuana Business Daily has learned. This is believed to be the first time that accurate and updated import data about the Pol…
Top 10 cannabis business stories of 2020
Here’s a look back at the year that was through the lens of MJBizDaily‘s most-read marijuana business stories of 2020.
Top 10 cannabis business stories of 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness n…
Survey: Majority in Germany still opposes adult-use cannabis legalization
A slim majority of eligible voters in Germany opposes legalizing recreational marijuana, according to a new poll. The results come from a survey conducted in December by Infratest dimap – one of the leading polling agencies and research institute…
Cannabis firm Canopy Growth sues GW Pharma, claiming patent infringement
Canadian cannabis producer Canopy Growth Corp. is suing Britain’s GW Pharmaceuticals in U.S. federal court, alleging that GW is knowingly infringing upon Canopy’s intellectual property. GW uses a Canopy-patented method to extract the CBD th…
Australian medical cannabis available in German pharmacies for first time
Flower and extracts produced in Australia by two different companies became available in the German medical cannabis market for the first time, Marijuana Business Daily has learned. The flower, grown by New South Wales-based Australian Natural Therapeu…