United Nations approves WHO recommendation to reschedule cannabis in historic vote
The United Nations Commission on Narcotic Drugs (CND) on Wednesday accepted a World Health Organization (WHO) recommendation to remove cannabis and cannabis […]
Category: International Marijuana Business News
Zenabis selling cannabis facility for half original asking price
Vancouver, British Columbia-based Zenabis Global reached a conditional agreement for the sale of its facility in Delta, B.C., for what appears to […]
Cannabis NB expects CA$10M profit; privatization update ‘in near future’
New Brunswick’s cannabis retail monopoly Cannabis NB expects to end its fiscal year with a profit of over 10 million Canadian dollars […]
Upcoming UN vote may be watershed moment for global medical cannabis – if only symbolic
The medical cannabis industry could be in for one of its biggest symbolic wins in decades if a United Nations vote next […]
Colombian cannabis producers raise fresh rounds of capital
Some leading licensed cannabis producers in Colombia raised fresh rounds of capital recently. Khiron Life Sciences – a Toronto-based company with its […]
As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Consolidation is picking up among Canada’s regulated cannabis retailers as recreational marijuana sales continue their upward monthly trend, with industry insiders predicting […]
Supply-demand imbalance grows for Canadian cannabis edibles
Makers of edible cannabis products in Canada continue to stock more goods than they’re able to sell, the latest data from Canada’s […]
Marijuana firm Vireo files prospectus to issue up to $200 million in securities
Minneapolis-based Vireo Health International said it has filed a preliminary prospectus in Canada to sell as much as 260 million Canadian dollars […]
Cannabis delivery, curbside pickup return to Ontario — but for how long?
Private-sector Ontario cannabis retailers might once again offer home delivery and curbside pickup during a monthlong pandemic lockdown in two heavily populated […]
Cannabis firm Liberty Health settles class action suit for $1.8 million
Canada-based cannabis operator Liberty Health Sciences said it agreed to settle a 2019 securities fraud class action lawsuit for $1.8 million. The […]