Ontario will try to sell legal pot for a price low enough to squash the black market. The government plans to establish a price for recreational marijuana that isn’t too high in order to eliminate illicit sales.
A Quebec company has received the first kosher certification granted to medical marijuana products in Canada.
With Ontario and New Brunswick having already announced plans for selling recreational cannabis in July 2018, prospective stakeholders in Canada’s remaining provinces are eyeing potential entry points.
Landmark legislation has led to the first serious deal in terms of shipping cannabis globally, with an initial consignment of dried medical cannabis already on its way to Germany for distribution. Now that Aurora are the proud recipients of a Health Canada issued Export Permit, they can legally send medical cannabis to Germany.
On Sept. 15, 2017, the Canadian province of New Brunswick announced during a news conference that Organigram (TSXV:OGI) and Canopy Growth (TSX: WEED), both already licensed producers in Canada’s medical marijuana program, will distribute recreational marijuana to retail stores established by a newly created provincial crown corporation.
Canada’s justice ministers are asking for clarity and support as they scramble to organize and police an entirely new marijuana industry in less than 10 months.
On Sept. 13, 2017, Juan Andrés Roballo, head of Uruguay’s National Drug Board, announced in a press conference that the country is establishing new cannabis retail stores dedicated to cash-only sales of cannabis because most banks are refusing to work with pharmacies involved in the country’s legal cannabis industry.
While Canada’s House of Commons is hashing out the details of legalization, stakeholders have been trying to determine how many recreational cannabis consumers will participate in the legal market and now there’s a new report to help them.
On Sept. 11, 2017, Canada’s House of Commons health committee returned to Parliament Hill in Ottawa to begin the first of five full-day hearings on Canadian cannabis legalization.
On Sept. 8, 2017, Ontario became the first province to reveal its plans to regulate Canadian cannabis, proposing to handle it in a fashion similar to that of tobacco and alcohol.
Canadian cannabis producer Tilray says it will invest 20 million euros in a medical cannabis operation in Portugal after winning federal licences there.
While Prince Edward Island legalization will happen in conjunction with Canada in July 2018, the province is taking a proactive measure in the development of its jurisdiction-specific regulations.
Two banking pioneers during Russia’s chaotic lurch toward capitalism a quarter century ago think they’ve finally found another emerging market that can give them the same buzz.
As countries across the world look to decriminalise cannabis, Jim Connolly asks whether it’s time to change the law on cannabis in the UK.
On Aug. 21, 2017, the Jamaican Ministry of Health announced that it has been making progress with its dispensary training workshops, teaching medical, scientific and health professionals how to properly dispense medical cannabis.
The legal sale of marijuana in Uruguayan pharmacies is facing challenges as banks refuse to deal with companies linked to the drug in order to follow international financial laws.
By all accounts, Eilon Bdil has no personal interest in marijuana. But as the business manager of Kibbutz Elifaz, he’s a big believer in the herb. Bdil sees medical marijuana as a unique opportunity to revive his remote Negev community.
On Aug. 14, 2017, the Ontario chapter of the Canadian Mental Health Association released a report that calls for wide ranging rules and restrictions to be placed on the province’s recreational marijuana market once it becomes legal in 2018.
Israel’s Finance and Health ministries approved a medical marijuana export plan that looks to increase annual revenue from $1 billion to $4 billion as the government-supervised program seeks to brand and market its pot products internationally.
Cannabis scientists may want to start planning for a trip to the Holy Land. The International Cannabinoid Research Society, the longest running scientific society focused on cannabis research, has picked Jerusalem for the site of its annual International Symposium on the Cannabinoids in 2021.
With Uruguay becoming the first country in the world to regulate recreational cannabis production and sales, Uruguayan pharmacies are playing a critical role in world cannabis history.
Puerto Rico medical cannabis legalization has become a legislative reality. On July 9, 2017, Puerto Rico Gov. Ricardo Rosselló Nevares signed the Law to Improve the Study, Development and Research of Cannabis for Innovation, Applicable Norms and Limits, also known as MEDICINAL Law, to regulate medical cannabis on the Caribbean island.
Last summer, medical marijuana legalization in Greece was being studied by the country’s Ministry of Health, but that study lead to action and now legalization has become a reality for the Hellenic Republic.
While Cuba and the United States are working closely to combat the small country’s ongoing problem with drug trafficking, Cuban officials have said that the legalization of marijuana in nearby countries is actually adding to the trouble, dispelling the prospects of Cuban marijuana legalization.
Canada’s recreational cannabis legalization is planned for a rollout in July 2018, but provinces and territories are in charge of drafting and establishing jurisdiction-specific rules, so they’ve been working hard to create rules that fall within the country’s legalization framework.
On June 19, 2017, Mexican President Enrique Peña Nieto signed a measure into law that legalizes marijuana for research and medicinal purposes.
Canadian cannabis decriminalization has earned the support of Toronto’s Board of Health. On June 12, 2017, the board voted unanimously to request that the Government of Canada immediately decriminalize the possession of cannabis for personal use.
On June 2, 2017, Alberta, one of Canada’s western provinces, announced that it is seeking input from Albertans on the province’s recreational marijuana rollout.
On May 30, 2017, Cann Group Limited, an Australian medical cannabis company, announced that it had obtained the permits required to start cultivating medical cannabis and should begin its cultivation operation in the next few days.
Israel’s cannabis decriminalization policy, approved by the government in March, officially came into effect Sunday, commencing a new legal approach towards the recreational use of marijuana in the country.
On Monday, May 29, 2017, Tweed Inc., a wholly owned subsidiary of Canopy Growth Corporation (TSX:WEED), was evacuated following a small morning fire at the Hershey Chocolate Factory’s former Visitor Center, which the medical marijuana company is currently renovating.
Canada’s Finance Minister Bill Morneau is ready to talk Canadian cannabis taxes with the country’s provinces. On May 15, 2017, during a House of Commons meeting for the Standing Committee on Finance, Morneau addressed the Budget Measure Implementation Act and closed his opening remarks with a note on cannabis taxes.
Chile has become the first country in Latin America to sell cannabis medicines at pharmacies. The pilot program was launched Wednesday.
Canada’s licensed producers will have to expand their testing checklists. On May 5, 2017, Health Canada announced that mandatory cannabis testing now includes testing for unauthorized pesticides.
On May 2, 2017, Uruguay’s National Drug Board announced that it had opened its cannabis registry system, commencing the process of Uruguay registering adults for its recreational cannabis program and making the country the first in the world to have a government-run recreational program.
On April 25, 2017, ASTM International, an international voluntary consensus standards organization, announced that its board of directors had approved the formation of a cannabis committee, signaling the professional development of global standards for the legal cannabis industry.
On April 13, 2017, the Minister of Justice and Attorney General of Canada Jody Wilson-Raybould introduced legislation to legalize recreational cannabis in Canada by July 2018.
On April 10, 2017, AusCann Group Holdings Ltd (ASX:AC8) announced that it had started harvesting its first medical cannabis crop in Chile through DayaCann, a joint venture between AusCann and the Daya Foundation, a non-profit based in Chile that advocates for alternative therapies.
On April 6, 2017, Uruguay’s three-year legalization journey hit a pivotal milestone. The Uruguayan government officially gave the okay for pharmacies throughout the country to begin selling recreational marijuana starting in July.
Argentina gave final legislative approval on Wednesday to a bill legalizing cannabis oil for medicinal use and permitting the federal government to grow marijuana for research and therapeutic purposes.
Canadian Prime Minister Justin Trudeau’s government will introduce legislation to legalize marijuana by July 1, 2018, according to a report from CBC News, a move that follows through on one of his Liberal Party’s campaign pledges.
Israel, a leader in marijuana research and health technology, is attracting international investment as it tries to position itself as a cutting-edge exporter in the rapidly-growing market for medical-grade cannabis.
Oxford University, one of the oldest and most prestigious universities in the world, recently announced that it is launching a program to research the therapeutic benefits of cannabinoids in the treatment of cancer, inflammatory disease and pain.
The Israeli government voted on Sunday in favor of decriminalizing recreational marijuana use, joining some U.S. states and European countries who have adopted a similar approach.
On Feb. 14, 2017, Jamaica’s Cannabis Licensing Authority announced that it granted conditional approval to three cannabis business applicants at the beginning of 2017.
In most countries, the authorities arrest anyone growing large quantities of cannabis. But in Italy, the army does something different: it grows the plant itself – for medical use.
Ireland is to become the latest country to legalise the use of cannabis for treating specific medical conditions.
On Feb. 7, 2017, Health Canada announced that it is going to start random testing of medical marijuana produced by all of the country’s licensed producers in an attempt to ensure patients aren’t being exposed to contaminated products.
On Jan. 10, 2017, Health Canada authorized James E. Wagner Cultivation in Ontario to start cultivating medical cannabis, making it the 38th licensed producer in Canada and the first producer of 2017 licensed under the Access to Cannabis for Medical Purposes Regulations.
On Jan. 26, 2017, Queensland Health announced the release of initial medical cannabis guidelines for medical practitioners in Queensland, Australia.