Peru Legalizes Medical Cannabis

Peru’s Congress has legalized cannabis for medical use in a 67-5 vote with three abstaining, according to a report from Al Día News. The measure legalizes cannabis and its derivatives as a cancer, epilepsy, and Parkinson’s disease therapy. Congressman Alberto de Belaunde, who championed the legislation called the bill’s passage a “historic moment” for the nation’s Congress. Once the bill …

Jamaica Licenses First MMJ Cultivator & Producer

Jamaica’s Cannabis Licensing Authority has granted its first approvals for the nation’s medical cannabis industry, as Everything Oily Labs Limited was issued a processing license and Epican was issued a license to cultivate, the Jamaica Gleaner reports. Hyacinth Lightborne, chair of the CLA, indicated that three other applications were also approved and those companies were “completing their requirements,” while another 57 …

Toronto Stock Exchange Could Delist Cannabis Companies with U.S. Interests

The Toronto Stock Exchange could delist, suspend, or halt trading for medical cannabis companies with investments in the U.S. because the operations are prohibited under federal law. In the Oct. 16 Notice to Issuers, regulators say while they are “aware” that some states have legalized cannabis for medical and adult use, “it is illegal under U.S. federal law to cultivate, …

Uruguayan Cannabis Producer Plans to Export MMJ Oil

International Cannabis Corporation, a licensed cannabis producer in Uruguay, plans on exporting medical cannabis oil next month for sale in Canada and Mexico, according to a report from Reuters. Alejandro Antalich, the chief executive of ICC, said he hopes to eventually sell the product locally but is not permitted under the nation’s adult-use regime. The law, which originally mandated that …

Australian University Nets Multi-Million-Dollar Grant for Cannabinoid Research

The University of Newcastle, in Callaghan, New South Wales, Australia, has received a $2.5 million (USD$1.95 million) grant from the National Health and Medical Research Council to set up the Australian Centre for Cannabinoid Clinical and Research Excellence, the Illawarra Mercury reports. The funds are part of a larger $6 million ($4.7 million) grant to the university for fellowships and …

Tilray to Export Full Spectrum Cannabis Oil to Germany

For the second time in as many weeks, Canadian medical cannabis producer Tilray has announced plans to exports its product overseas, this time sending its full-spectrum cannabis extracts to Germany where they will be distributed nationwide through pharmacies. Brandon Kennedy, Tilray CEO, called the agreement “another strategic milestone” which comes on the heels of the company receiving approvals to export …

Canada’s Tilray Successfully Exports MMJ to New Zealand

Medical cannabis producer Tilray has exported its Canadian-grown products to New Zealand, where they will be distributed to pharmacies who serve the country’s registered patients. The firm has also exported products to South America, Europe, and Australia since 2016. “We are proud to offer New Zealand patients access to quality-controlled, pharmaceutical-grade medical cannabis products,” said Brendan Kennedy, Tilray president, in …