Deal will allow CanniMed to distribute medical marijuana in 17 countries  

A major Canadian licensed producer has sealed an arrangement with a Dutch pharmaceutical distributor to market and sell its medical marijuana products in 17 countries. Saskatchewan-headquartered CanniMed Therapeutics, traded on the Toronto Stock Exchange as CMED, entered into a global marketing and distribution agreement with Fagron NV of the Netherlands. Financial terms were not disclosed. Under […]

Deal will allow CanniMed to distribute medical marijuana in 17 countries   is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Toronto firm buys operator of US medical marijuana ‘evaluation centers’

A Toronto company billing itself as the “WebMD of medical cannabis” has acquired Massachusetts-based Canna Care Docs, which certifies MMJ patients in 21 “evaluation centers” across nine states. Sail Cannabis funded the Canna Care acquisition with proceeds from a brokered private placement led by Canaccord Genuity worth about 4 million Canadian dollars ($3.2 million), Sail […]

Toronto firm buys operator of US medical marijuana ‘evaluation centers’ is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Canadian medical cannabis company inks deal to supply German pharmacies

A Canadian medical marijuana company secured a deal with Germany’s CC Pharma GmbH to export MMJ products for distribution through thousands of German pharmacies. Nuuvera Inc. – which has a strategic partnership with Aphria (TSE: APH) to build a 1-million-square-foot greenhouse – will supply approximately 1,200 kilograms of medical cannabis to CC Pharma, which distributes pharmaceuticals to over […]

Canadian medical cannabis company inks deal to supply German pharmacies is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Saskatchewan gives cannabis rec sales and wholesale to private sector

Saskatchewan’s adult-use marijuana will be sold in private brick-and-mortar stores and online, the government announced, giving entrepreneurs in the cannabis space more opportunities when sales begin this summer. Saskatchewan is the last Canadian province to announce plans for marijuana sales. However, major decisions on home cultivation, taxation, a minimum age for cannabis consumption and public-use […]

Saskatchewan gives cannabis rec sales and wholesale to private sector is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Canadian cannabis companies with US operations must disclose risks

An exchange in Canada dominated by marijuana stocks has asked listed companies with U.S. operations to publicly detail any risks they face after Attorney General Jeff Sessions’ decision to scrap protections for state-legal cannabis businesses. Richard Carleton, chief executive officer of the Canadian Securities Exchange, told Marijuana Business Daily that the exchange contacted all CSE-listed companies with […]

Canadian cannabis companies with US operations must disclose risks is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Canadian marijuana companies with U.S. operations must disclose risks

An exchange in Canada dominated by marijuana stocks has asked listed companies with U.S. operations to publicly detail any risks they face after Attorney General Jeff Sessions’ decision to scrap protections for state-legal cannabis businesses. Richard Carleton, chief executive officer of the Canadian Securities Exchange, told Marijuana Business Daily that the exchange contacted all CSE-listed companies with […]

Canadian marijuana companies with U.S. operations must disclose risks is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Aurora Cannabis strikes deal to raise up to CA$230 million

Licensed medical marijuana producer Aurora Cannabis has reached a deal to raise up to 230 million Canadian dollars ($185 million), a sum CEO Terry Booth called “the largest bought deal financing” to date in the Canadian cannabis sector. Cam Battley, executive vice president of Alberta-based Aurora, told Marijuana Business Daily, the Alberta-based company has raised about CA$600 million […]

Aurora Cannabis strikes deal to raise up to CA$230 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Canopy adds 1.7 million square feet of marijuana greenhouse space in B.C.

Canopy Growth plans to exercise an option to develop an additional 1.7-million-square-foot greenhouse in British Columbia, bringing its production space in the province to 3 million square feet once the facilities are fully licensed. In October, Canopy announced plans to form a joint venture with a greenhouse operator to develop a 1.3-million-square-foot greenhouse in B.C., […]

Canopy adds 1.7 million square feet of marijuana greenhouse space in B.C. is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


Australia plans to allow medicinal cannabis exports

The Australian government plans to allow exports of medical marijuana in an attempt to grab a piece of growing demand for MMJ worldwide. Regulations currently banning exports of medicinal cannabis products will be removed when Parliament resumes in February, according to ABC News. The broadcaster reported that the changes will cover marijuana-based oils, patches, sprays, lozenges […]

Australia plans to allow medicinal cannabis exports is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs