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France Enters The Medical Cannabis Industry
France tiptoes into the medical cannabis industry, but legalization needs to be implemented. The French government issued a decree last month that authorizes the cultivation of medical cannabis and the development of its industry. Although the decree entered into...
MAINE’S FIRST MONTH OF LEGAL MARIJUANA SALES TOTAL $1.4M
Licensed cannabis retailers in Maine sold more than $1.4 million worth of marijuana products during the first month of legal recreational pot sales, according to data released by state regulators on Monday. Legal sales of adult-use cannabis began on October 9, nearly...
Panaxia and Neuraxpharm Expand Strategic Collaboration to France with medical cannabis
Panaxia Global, the controlling owner of Panaxia Labs Israel Ltd. Israel’s largest manufacturer of medical cannabis products, and its partner, Neuraxpharm, Europe’s leading pharmaceutical company specialized in the central nervous system (CNS) today announced they are...
CANADIAN CANNABIS FIRMS RECEIVED MILLIONS IN PANDEMIC SUBSIDIES
Cannabis businesses in Canada benefited from millions of dollars in pandemic-related subsidies from the federal government. Other businesses tapped into interest-free loans and lending offered by agricultural lender Farm Credit Canada (FCC), according to financial...
Australia Sends First Commercial Cannabis Oil To Germany
Cannabis producer Little Green Pharma became the first Australian company to send its medical marijuana oil to Germany for sale to consumers, the Western Australia-based firm announced this week. Australia joins Canada and other nations supplying the German market...
RI lawmakers weigh potential model for legal cannabis
Rhode Island senators on Wednesday night began considering a proposal to set up a system for legalized cannabis in Rhode Island. The proposal made by Governor Gina Raimondo in her pre-pandemic budget proposal in January and heard by the Senate Finance Committee...
Arizona Cannabis: New Opportunities Under Proposition 207
After suffering a close defeat in 2016, Arizona’s new recreational cannabis law passed with 60% of the vote on November 3, 2020. Proposition 207, or Smart and Safe Arizona Act (“Act”) legalizes the possession of certain amounts of marijuana for those 21 years of age...
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