Tilray Gets DEA OK To Import Medical Cannabis Study Drug For Clinical Trial At University Of California San Diego Center For Medicinal Cannabis Research

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CANADA: Tilray has announced that the U.S. Drug Enforcement Administration (DEA) has granted approval to import a cannabinoid study drug into the United States from Canada for a clinical trial at the University of California San Diego (UC San Diego) Center for Medicinal Cannabis Research (CMCR) examining its safety, tolerability and efficacy for Essential Tremor (ET). Read the full article…

FSD Pharma Expands Into Jamaican Market

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CANADA: FSD Pharma has announce that it intends to launch a strategic partnership into the Jamaican cannabis market as part of its plan to expand internationally. FSD has signed a Letter of Intent effective September 10, 2018 with JJAMACANN Inc. to form a joint venture operating as FSD Jamaica. FSD Jamaica expects to partner locally with Read the full article…

PRØHBTD Accelerates Growth With Two Office Openings In Canada

Prohbtd media

Cannabis Lifestyle Media and Brand Platform Expands Operations to Toronto and Vancouver CANADA: PRØHBTD, a leading cannabis lifestyle media and brand platform, recently opened new offices in Toronto and Vancouver. The first international expansion beyond PRØHBTD’s primary Los Angeles headquarters, the two offices will lead the company’s growth strategy in Canada in advance of the Read the full article…

Tilray Exports 2:100 CBD Oil To The United Kingdom

Tilray exports CBD Oil to the UK

CANADA: Tilray, a global leader in cannabis research, production and distribution, announced today that Tilray 2:100, a product produced at Tilray’s federally licensed, Good Manufacturing Practice (GMP)-certified facility in Canada, was successfully imported into the United Kingdom, to supply a pediatric patient in need.   The changing regulatory measures in the United Kingdom (UK) previously prohibited the Read the full article…

Nova Scotia Liquor Taps Tilray For Adult-Use Cannabis Products

Cannabis will soon be sold in select NSLC stores.

CANADA:  Tilray Canada announced that it has been selected by the Nova Scotia Liquor Corporation to receive an initial purchase order for adult-use cannabis. The purchase order would allow Tilray, one of fourteen cannabis producers selected by NSLC, to supply the province of Nova Scotia with a diverse array of cannabis products in anticipation of the launch of Read the full article…

Constellation Brands To Invest $4 Billion USD In Canopy Growth

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Expands Strategic Partnership to Accelerate Canopy Growth’s Global Expansion Plans  CANADA: Constellation Brands, a leading beverage alcohol company, and Canopy Growth, a leading diversified cannabis company have announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing. Constellation Brands will increase its ownership Read the full article…

LDB Issues Product Call For Non-Medical Cannabis

LDB issues product call for non-medical cannabis

CANADA: The BC Liquor Distribution Branch (LDB) has issued a second product call as part of a continuing effort to expand its wholesale product assortment for non-medical cannabis. In July, the LDB entered into memorandums of understanding with 32 licensed producers to form its initial wholesale product assortment to cater to the B.C. market directly following legalization Read the full article…

Sproutly Closes Acquisition of Infusion Biosciences Canada And SSM

Sproutly Closes Acquisition of Infusion Biosciences Canada and SSM

CANADA: Sproutly Canada has completed the acquisition of all of the issued and outstanding shares of Infusion Biosciences Canada, according to a company press release. “We are extremely excited to finalize this Acquisition, enabling Sproutly to commercialize the APP Technology in major regulated markets around the world with innovative cannabis products that target the $50+ billion Read the full article…

Aphria Secures $25 Million Loan From WFCU Credit Union

Marijuana is big business

CANADA: Aphria has secured $25 million in debt financing from WFCU Credit Union, according to a company press release. The five-year term loan bears interest at 4.68%, has a 15-year amortization and was entered into on July 27, 2018. This is the second round of debt-financing secured by the Company from WFCU, having previously secured a $25 million five-year Read the full article…

Molson Coors Canada and HEXO Announce Agreement to Create JV Focused On Cannabis-Infused Beverages

Molson Coors Canada and HEXO Announce Agreement to Create Joint Venture Focused on Non-Alcoholic, Cannabis-Infused Beverages for the Canadian Market

CANADA: Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company, and leading Canadian cannabis producer, The Hydropothecary Corporation (HEXO), are pleased to announce that they have entered into a definitive agreement to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. The joint venture Read the full article…