Canopy Growth Announces Changes To Global Operations To Drive Strategic Focus

  The Company continues to expect to incur approximately $700-800MM pre-tax charge in Q4 Fiscal 2020. CANADA: Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) today announced a series of global operational changes designed to further optimize production, better align supply and demand, and improve efficiencies in its global operations. As part of Read the full article…

Tilray Announces New Subsidiary Tilray Latin America

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…

Tilray Strengthens Presence in Latin America With Acquisition Of Alef Biotechnology

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…

Uruguay Unveils Marijuana Regulation Details

URUGUAY: The Uruguayan government has unveiled long-awaited regulations for its recreational marijuana market — a move that steers the tiny nation of 3.3 million people away from the prohibitionist war on drugs, with its disastrous consequences in Latin America, and toward a drug policy based on improving public health and security. Although Uruguay’s Congress approved the measure in December — Read the full article…

Peru Calls For Debate On The Legalization Of Marijuana

PERU:  Peru should consider legalizing marijuana, the former head of the country’s National Drug Control Commission has said. Uruguay recently became Latin America’s first nation to legalize the marijuana industry, encouraging its neighbors to follow suit. Former director of the Peruvian National Drug Control Commission (DEVIDA) Ricardo Soberon appealed to the government to consider the Read the full article…

Uruguay's Neighbors Now Considering Legalization Of Pot

ARGENTINA:  Argentina has given the first sign that Uruguay’s groundbreaking cannabis reform just may have started a domino effect across Latin America. Following the momentous vote by its smaller neighbor’s senate this month — making it the first nation in the world to completely legalize the soft drug — Argentina’s anti-drug czar Juan Carlos Molina has called for Read the full article…

Uruguay President Mujica Signs Marijuana Law

URUGUAY:  A spokesman for President Jose Mujica of Uruguay says the leader has quietly signed into law the government’s plan to create a regulated, legal market for marijuana. Presidential secretary Diego Canepa told The Associated Press on Tuesday that Mujica signed the legislation Monday night. That was the last formal step for the law to Read the full article…

In Costa Rica, Candidates Tell Pot Smokers Not To Hold Their Breath On Marijuana Legalization

COSTA RICA: It looks like there will be little momentum in Costa Rica from Uruguay’s historic legalization of marijuana last week. Costa Rica’s two leading presidential candidates have said they do not support the full legalization of marijuana in Costa Rica. Proponents of medical marijuana, however, might glean some hope from the candidates’ responses. Soon after Read the full article…

In 'Brave Break With Failed Model,' Uruguay Passes Historic Marijuana Legalization

URUGUAY: Uruguay has chosen to “bravely break with the failed prohibitionist model” in becoming the first country to legalize and regulate the production, distribution, sale and use of marijuana in a landmark bill passed by the country’s parliament Tuesday. The bill, which will be signed by leftist President José Mujica, was designed as an “experiment aimed at finding Read the full article…

Finally, A Nation Legalizes Pot

URUGUAY: Editor’s note: Hannah Hetzer, who is based in Montevideo, Uruguay, is the policy manager of the Americas for the Drug Policy Alliance. (CNN) — Today, Uruguay became the first nation to make recreational marijuana legal for adults and to regulate its production, distribution and sale. In the year and a half since President Jose Mujica announced the proposal Read the full article…