There is absolutely no doubt that Canada has been the global leader in the international cannabis market. Step by step in recent years, reforms at the federal level, starting with regulating medical cannabis, the Canadian government has given its homegrown companies a leg-up on the global competition, culminating with the achievement of becoming the first
The global cannabis community is growing closer and closer, and the International Cannabis Business Conference has had a front row seat over the last five years as federal policies around the world have opened up commerce across national borders. Canadian companies have benefitted the most, taking advantage of the Great White North’s progressive policies to
The international cannabis industry has started to take off, dominated by Canadian businesses that have gotten a leg up on the global competition as the first G7 nation to fully legalize cannabis commerce, including exports. How best to implement lessons learned from Canada and how to catch up to the Great White North’s market share
Less than six weeks after Canopy Growth announced that UK exports were on their agenda this year, a small British start-up, Grow Biotech, has just pulled off one of the first cannabis start-up victories of the year. Namely, they just imported the first bulk batch of medical cannabis into the UK. And not from Canada,
In big news out of Germany, Canopy Growth has announced the acquisition of the eponymous vaporizer manufacturer, Storz & Bickel GmbH & Co. The approximately €145 million acquisition was finalized in the first week of December. Neither firm, of course, needs any introduction to the world of cannabis fans and consumers (much less investors). The
While it has gotten decidedly less English-speaking press than other countries in Europe on the front edge of cannabis reform, Denmark’s pilot four-year cannabis program is chugging along nicely and can help provide a model for other European Union nations. The four-year program was authorized to begin on January 1, 2018. Major Canadian cannabis companies
As the German cultivation bid deadline ticks down, the big Canadian Licensed Producers (LPs) are solidifying their presence in Germany and far beyond across Europe. Two, in particular, have made major announcements last week, coming hot on the heels of Aurora’s Polish expansion. Canopy Growth Corporation, continues to move aggressively across Europe to solidify its
With the demand for cannabis in Canada outpacing demand, something industry insiders warned, Canadian businesses are now playing catch-up, increasing the demand for jobs across all sectors of the industry. The jobs surge actually started well before cannabis commerce officially began on October 17th, as companies ramped up for the increased demand, but now that the
Aurora, one of the biggest producers in Canada, joined Tilray, Cronos Group, and Canopy Growth as the latest cannabis company from the Great White North listed on stock exchanges in the United States. While both Aurora and Coca-Cola have been mum lately about a potential partnership to produce CBD beverages, it isn’t surprising to industry insiders
Cannabis stocks have been increasing in value rather rapidly over recent months, with stocks listed on Canadian and U.S. financial markets receiving boosts from the mainstreaming of marijuana. As big-time investors and major companies invested, or were reported to be eyeing potential entries into the market, investors of all stripes have taken notice. As Bloomberg reported,
