Aurora Cannabis to Acquire Mexico’s Farmacias Magistrales S.A.

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First License to Import, Manufacture, Store, and Distribute Medical Cannabis Containing THC in Mexico CANADA: Aurora Cannabis has announced that the Company has entered into a Letter of Intent to acquire all of the issued and outstanding shares of Farmacias Magistrales, subject to customary due diligence provisions, the completion of definitive agreements, and regulatory and government Read the full article…

Tilray Announces New Subsidiary Tilray Latin America

Alef Chile Acquired by Tilray

Recently acquired subsidiary Alef Biotechnology officially renamed Tilray Latin America CANADA:  – Tilray, a global leader in cannabis research and production, today announced that after completing an acquisition of its existing import and distribution partner Alef Biotechnology SpA, the company has officially relaunched as Tilray Latin America SpA, a wholly-owned subsidiary of Tilray. Tilray Latin America Read the full article…

Sproutly Signs LOI With Largest Caribbean Medical Cannabis Producer To Sell Infused Beverages And Oil

Global Canna Labs

CANADA: Sproutly Canada has entered into a letter of intent with Global Canna Labs Limited, the Caribbean’s largest medical cannabis producer, to establish a joint venture for the purpose of developing, producing, distributing, marketing and selling cannabis infused beverages, edibles and topical products derived from Sproutly’s fully licensed, APP Technology. “Partnering with Global Canna Labs on this Read the full article…

Study: Patients With Tourette Syndrome Report Benefits From Cannabis

tourettes-syndrome

ISRAEL: Patients suffering from Tourette syndrome (TS) report symptomatic benefits following the use of medical cannabis, according to data published in the journal Parkinsonism and Related Disorders. Israeli researchers surveyed 42 patients with TS who had approval from the Health Ministry to use medical marijuana. Subjects typically reported reduced tic severity, better sleep, and improved mood following cannabis administration. Read the full article…

Mexico: Supreme Court Strikes Down Marijuana Ban

Mexico: Supreme Court Strikes Down Marijuana Ban

MEXICO: Justices for Mexico’s Supreme Court have ruled that laws criminalizing the private use and cultivation of cannabis by adults are unconstitutional. Justices opined, “The effects caused by marijuana do not create an absolute prohibition on its consumption.” In accordance with the ruling, lawmakers may enact regulatory policies governing adults’ personal marijuana use, but they must repeal those laws Read the full article…

Weekend Unlimited To Acquire R&D Pharma In Jamaica

Life's Highs. Anytime. Anywhere.

The acquisition will strengthen the Company’s holdings with one of three Tier-3 Jamaican Licenses CANADA: Weekend Unlimited,  a lifestyle cannabis company, has entered into an arms-length binding letter of intent to add to its brand portfolio with the acquisition of R&D Pharma in Jamaica, securing one of three Tier-3 licenses available in Jamaica. R&D Pharma Highlights Read the full article…

New Zealand Medicinal Cannabis Research Company Intends To List On NZX

Mark Lucas

NEW ZEALAND: In a first for New Zealand, medicinal cannabis research company Cannasouth has announced it will make an application to list its shares on the NZX Main Board through an initial public offering (IPO) during the second calendar quarter of 2019. Based in the Waikato region, Cannasouth has received a licence from the Ministry of Read the full article…

Altitude Investment Management Believes Canadian Cannabis Legalization “Milestone”

MONEY PLANT

NEW YORK: The legalization of cannabis for medical and adult use in Canada represents a milestone in the growing trend toward legalization and decriminalization of cannabis and cannabis products, according to Altitude Investment Management. “Canada is the second country in the world, after Uruguay, to legalize cannabis for both medical purposes and adult use, and it Read the full article…

Worldwide Legal Marijuana Market Analysis 2017-2018 & Forecast To 2023: A High Growth of 28.09% Is Projected

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IRELAND:  The global legal marijuana market was 15.09 billion USD in 2017 and will reach 66.65 billion USD by 2023 with a CAGR of 28.09% during the period, according to a new market research report,  “Global Legal Marijuana Market – by Type, Application, Region – Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” published Read the full article…

Tilray Strengthens Presence in Latin America With Acquisition Of Alef Biotechnology

Alef Chile Acquired by Tilray

CANADA: Tilray, Inc., a global leader in cannabis research and production, today announced that it has completed an acquisition of its existing import and distribution partner Alef Biotechnology SpA. The acquisition will allow Tilray to import, produce and distribute Tilray branded medical cannabis products in Chile and to create a hub to distribute Tilray products throughout Read the full article…