A Bahamas committee charged with laying out an economic recovery plan recommended the country legalize marijuana for recreational, medical and religious use. The Economic Recovery Committee (ERC) called for the establishment of a regulatory body to ove…
International Marijuana Business News
Bahamas panel recommends marijuana and hemp legalization
A Bahamas committee charged with laying out an economic recovery plan recommended the country legalize marijuana for recreational, medical and religious use. The Economic Recovery Committee (ERC) called for the establishment of a regulatory body to ove…
MJBizDaily, Cowen launch exclusive cannabis research-distribution deal
Marijuana Business Daily has teamed up with diversified financial services firm Cowen to distribute the New York-based company’s acclaimed “Ahead of the Curve” research reports to the cannabis business community. The reports are now a…
Farm Credit Canada’s cannabis lending tops CA$140 million
Farm Credit Canada, a government-owned agricultural lender, has steadily increased its lending in the regulated cannabis sector in recent years, according to new figures provided to Marijuana Business Daily. The Crown corporation’s current lending to t…
Tobacco firm spends $15 million to bring L.A. marijuana line to THC-free markets
A Kentucky tobacco company is investing $15 million in a Los Angeles marijuana vape company that plans to expand its footprint by building out a line of THC-free CBD products.
Tobacco firm spends $15 million to bring L.A. marijuana line to THC-free mar…
Aurora Cannabis looks to shore up finances with $500 million shelf offering
Aurora Cannabis, suffering from red ink, filed a preliminary short-form base shelf prospectus that will allow the licensed producer to raise up to $500 million over a 25-month period when finalized. The Edmonton, Alberta-based company filed the documen…
New Uruguayan decree could position country as cannabis logistics hub
Companies operating bonded warehouses in Uruguay are now able to provide international logistics services for the cannabis industry, according to a recently approved decree. Cannabis products can now be shipped from different countries to Uruguay, wher…
Shoppers Drug Mart seeks cannabis sales in pharmacies: Q&A with exec Ken Weisbrod
Medical cannabis products in Canada should be dispensed to patients inside pharmacies – a natural progression for the sector that would lead to improved practitioner oversight, according to the point person for medical marijuana at Shoppers Drug …
Health Canada aims to cut emissions with virtual cannabis inspection pilot
Canada’s federal cannabis industry regulator has launched a two-year pilot project exploring virtual inspections of marijuana production sites, with the goal of reducing carbon emissions. That could ultimately lead to a greater number of cannabis…
Majority of recent cannabis busts in Ontario involved medical grows, police say
Ontario’s provincial police service is trumpeting summer and fall seizures of illicit cannabis plants in Canada’s most populated province, highlighting large seizures of marijuana from “52 large-volume illegal operations” betwee…