Cannabis market and industry news

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  Business6 years ago

  Hong Kong opens its first CBD café«

  Hong Kong has just welcomed its very first CBD café, marking a notable change in the country's long tradition of intolerance to all forms of Cannabis....

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  Cannabis in Canada6 years ago

  SiliCycle obtains its cannabis processing license from Health Canada

  Quebec City, August 5, 2020 - SiliCycle's management is delighted to have taken another step towards the commercialization of purified extracts of various cannabinoids with the obtaining...

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  Cannabis in the U.S.6 years ago

  Quick Hit: what we've missed in the last two weeks

  Regular Newsweed users will have noticed that we've been on hiatus for the past two weeks. But since there's no news to wait for us, here's a...

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  Business6 years ago

  Record sales of cannabis in the United States in July

  Despite the coronavirus pandemic, cannabis sales set new records in the US in states that have legalized recreational cannabis. California, 348...

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  Business6 years ago

  Weecl liquidates its stock: all at -50%

  Online CBD store Weecl, which we reported on during containment, is liquidating its stock before restructuring its business. All products, including...

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  Business6 years ago

  British Columbia authorizes online cannabis sales

  British Columbia has decided to allow cannabis sales online or by phone in order to facilitate physical distancing measures. However, customers will...

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  Business6 years ago

  The world's biggest cannabis company is... American

  If you were asked what the biggest cannabis company in the world is, chances are you'd say Canopy Growth, this...

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  Business6 years ago

  Switzerland: government returns over €30 million to producers of diet cannabis

  In June, Swiss customs officials returned around €30 million (CCHF 33 million) to producers and sellers of low-grade cannabis....

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  Business6 years ago

  Novel Food applications for natural CBD suspended by Europe

  Novel Food applications for natural CBD have been suspended by the European Commission (EC), which has expressed a «preliminary conclusion» that the...

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  Business6 years ago

  Canada sold €120 million worth of cannabis in May

  Canadian cannabis sales totaled 185.9 million $CA (€120 million) for the month of May, Statistics Canada reported Tuesday, a trend...

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  Business6 years ago

  The economic impact of the US cannabis industry could reach 130 billion $ by 2024

  While the size of the US cannabis industry is estimated to reach 50 billion $ by 2026, it could contribute as much as...

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  Business6 years ago

  M2J: a daily offer of -50% on CBD flowers

  M2J, a CBD e-shop launched by 2 people from Lille, offers -50% on one of its CBD flowers every week. M2J also produces, processes and markets...

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  Business6 years ago

  Mike Tyson wants to print cannabis drinks

  Mike Tyson's cannabis business, The Ranch Companies, has announced that it has acquired a Smart Cups license to print cannabis-based products. Smart...

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  Business6 years ago

  Israel, the world's largest importer of medical cannabis

  Israel has officially dethroned Germany as the world's largest importer of medical cannabis. According to data reported by MJBizDaily, some three tons of flower...

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  Business6 years ago

  Augur Associates, consulting firm for cannabis and hemp companies

  Augur Associates is a French consulting firm for cannabis and hemp companies. Positioned to meet the full range of requirements of the cannabis and hemp...

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  Business6 years ago

  United States: legal cannabis sales expected to exceed 15 billion $ in 2020

  Legal sales of medical and adult-use cannabis in the U.S. are expected to exceed 15 billion $ by the end of 2020, according to MjBizDaily, a...

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  Business6 years ago

  Spain grants medical cannabis production license but does not authorize its use

  Like the UK in its day, Spain allows the cultivation of medical cannabis on its soil, but does not authorize the medical use of cannabis to Spaniards. The...

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  Business6 years ago

  Aurora Cannabis discontinues production in Quebec

  Aurora Cannabis, one of Canada's leading cannabis companies, has announced the closure of its two cannabis production sites in Quebec, the Aurora Vie plant, located...

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  Press releases6 years ago

  Rainbow raises €1 million for its launch and aims to become Europe's leading hemp producer

  Rainbow, a French start-up founded in 2019 by 5 experienced entrepreneurs, is closing a €1 million round of funding from private investors to tackle the evil of...

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  Business6 years ago

  Bruce Linton launches cannabis investment fund in Europe

  Bruce Linton, former CEO and founder of Canopy Growth, launches OSKARE CAPITAL, an investment fund specializing in innovative European companies in the medical cannabinoid industry....