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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…

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Flowr to buy Terrace Global amid tepid cannabis M&A market

Toronto-based cannabis producer The Flowr Corp. entered into a definitive agreement to acquire Terrace Global, a Canadian company focused on the development of international marijuana assets. The all-share transaction, expected to close by the end of t…

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Aurora Cannabis lists some Uruguay assets for sale as regional CEO departs

Aurora Cannabis has confirmed that some of its assets in Uruguay are for sale, and the CEO leading its subsidiary in the South American country is no longer with the company. Alejandro Antalich, the former chief executive of ICC Labs, departed the firm…

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Aphria joins crowded German cannabis flower market, sales to start in ‘weeks’

Canadian cannabis producer Aphria is joining the increasingly competitive German medical marijuana flower market. The company completed its first shipment of dried flower to its wholly-owned German subsidiary, CC Pharma GmbH, the company disclosed this…

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Uruguay-grown medical cannabis available in Germany for first time

Medical cannabis flower grown in Uruguay recently became available in the German market for the first time. The news sheds light on the final destination of large exports quietly shipped from Uruguay to Portugal at the end of 2019 and earlier this year…