Canada Cannabis

Cannabis pre-rolls are emerging as a key driver of the growth of Canada’s recreational cannabis market. Which other cannabis products have seen significant growth in the second quarter of 2023? And, how do these trends provide valuable insights for industry players in Canada's...

Benzinga recently reviewed the balance sheet and cash flow trends of Canadian LPs (licensed producers). Zuanic & Associates presents crucial factual key findings: StatCan (official government source) reported May cannabis retail sales (rec) of $415.6Mn, up 1.2% MoM, and -2.1% in day-adjusted...

Canada's licensed cannabis producers are facing a dire financial crisis as their unpaid federal excise tax skyrockets. In the most recent fiscal year, the outstanding tax debt owed by these struggling companies has more than tripled, reaching an alarming CAD 192.7 million ($141.2 million...

Germany's New Draft Bill Would Legalize Home Cultivation For Adults Germany's Health Minister Karl Lauterbach has submitted a draft bill to legalize marijuana possession, cultivation and social clubs. The proposal would allow adults to possess up to 25 grams of marijuana and grow up to...

“Backdoor” Sales In Oklahoma Prompt New Bill Approval The Oklahoma House of Representatives have passed Senate Bill 645, which requires the prepackaging of all medical marijuana products sold to dispensaries. Opponents claim the bill is onerous and too lax. The legislation aims to...

Journalists Jailed In Nigeria Nigerian journalists Gidado Yushau and Alfred Olufemi — known for exposing cannabis use at a business linked to a politician — were put in prison after being convicted of conspiracy and defamation. The Committee to Protect Journalists and Civil Society...