Below you'll find a list of all posts that have been categorized as “International Cannabis News”
Aurora Cannabis announced deals to acquire two companies on Thursday – H2 Biopharma Inc., a late-stage Canadian medical cannabis production applicant, and Larssen Ltd., a greenhouse design firm. In total, Aurora will pay $25 million for H2, with an initial $10 million payment; all of which will be paid through the issuance of Aurora common shares. According to a press …
Australia’s Creso Pharma is expanding its reach into China, announcing the company has established a strategic partnership and commercial distribution agreement with hemp-producer Zhejiang Kingdom Create So., Ltd. Kingdom Creative will import hemp and cannabis-derived animal and human health products and invest in the marketing and distribution of the products. Dr. Miri Halperin Wernli, Creso Pharma CEO, said the partnership …
Canada’s Aurora Cannabis Inc. is seeking to takeover CanniMed Therapeutics in an all-stock $455 million deal, according to a Bloomberg report. The deal values CanniMed stock at C$24 a share, 57 percent above Tuesday’s Toronto Stock Exchange closing price. Aurora Executive Vice President Cam Battley told Bloomberg that the firm is “making a very big push into Europe” and the …
European Union nation Luxembourg plans to launch a two-year medical cannabis pilot project, according to an AFP News report. The plan, which would allow officials to determine who should have access to the program and under what conditions, still requires parliamentary approval. Health Minister Lydia Mutsch indicated the government plans to limit access to individuals with cancer, multiple sclerosis, and …
Poland’s medical cannabis laws have taken effect and cannabis-derived products will be available in the nation’s pharmacies after they are registered with the Office for Registration of Medical Products, according to a Radio Poland report. The Polish Pharmaceutical Chamber estimated that 300,000 patients could be eligible under the regime, which includes chronic pain, drug-resistant epilepsy, multiple sclerosis symptoms, and chemotherapy-induced …
Constellation Brands, the U.S. distributor of Corona beer and Svedka vodka, has agreed to take a 9.9 percent stake in Canopy Growth Corp., a Canadian medical cannabis company, for about US$191 million (C$245 million) the company announced in a press release. The announcement comes less than one year after Constellation CEO Rob Sands told Ad Age that the company was …
Canada-based Khiron Life Sciences Corp. and PharmaCielo Ltd. are the first companies to be granted full licenses to produce and process medical cannabis products in Colombia. Both companies are able to cultivate and process products containing unrestricted percentages of THC and CBD. Having received all three requisite licenses to operate in the country, Khiron Colombia SAS, the Canadian firm’s Colombian …
CIITECH, a cannabis biotech startup developing Israeli cannabis products in the United Kingdom and European Union, has awarded research funding to two Hebrew University scientists to explore the possible effects of CBD on asthma. The Hebrew University team includes asthma researcher Francesca Levi-Shaffer and Raphael Mechoulam, who is credited with discovering the endocannabinoid system. “We know that CBD has anti-inflammatory …
The Jamaican Ganja Growers and Producers Association has announced they will launch the Cannabis Commercial Council to help address concerns over the nation’s forthcoming medical cannabis industry, the Jamaica Observer reports. The council will begin its work after hosting its upcoming Ganja Stakeholders Forum. According to the report, the council will “research, develop and formulate policies for the holistic development …
Two Canadian businesses are partnering to build a 1 million-square-foot greenhouse in Casino, New South Wales, Australia for medical cannabis cultivation, according to a report from the Construction Index. The PUF Ventures and MYM Nutraceuticals project will be completed in two stages; the first phase will cover about 300,000 square feet – which alone would represent the largest medical cannabis …
