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International2020-11-19T21:56:36-08:00

International

Cannara Secures Upgraded $80M Credit Line

MONTREAL – Cannara Biotech Inc. announced that its operating subsidiary has entered into an amended and restated syndicated credit agreement with Bank of Montreal (BMO) and The Toronto-Dominion Bank (TD), establishing $80 million in committed ...

Cannaflex Opens European Export Route

RABAT – Moroccan operator Cannaflex has secured EU-GMP compliance verification for the commercial export of medical Cannabis starting materials to Switzerland and broader European markets, marking an operational milestone for the Kingdom's legal framework. Working ...

Elixinol Offloads Its US Hemp Business to Ananda Health

SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...

Elixinol Offloads Its US Hemp Business to Ananda Health

SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...

Canada Is Now the World’s Largest Cannabis Market

OTTAWA – Supported by 3,420 licensed stores and roughly 7.1 million past-year consumers, Canada's legal industry generated C$5.42 billion (approx. US$3.98 billion) in retail sales in 2025, making it the world's largest federally-legal Cannabis market ...

Cannara Secures Upgraded $80M Credit Line

MONTREAL – Cannara Biotech Inc. announced that its operating subsidiary has entered into an amended and restated syndicated credit agreement with Bank of Montreal (BMO) and The Toronto-Dominion Bank (TD), establishing $80 million in committed ...

Cannaflex Opens European Export Route

RABAT – Moroccan operator Cannaflex has secured EU-GMP compliance verification for the commercial export of medical Cannabis starting materials to Switzerland and broader European markets, marking an operational milestone for the Kingdom's legal framework. Working ...

Elixinol Offloads Its US Hemp Business to Ananda Health

SYDNEY – Australian Elixinol Wellness Limited has entered into a binding asset purchase agreement with Ananda Health to sell its wholly-owned subsidiary, Elixinol LLC, effectively exiting the United States hemp market. Under the transaction terms, ...

Germany Boosts Medical Cannabis Import Cap

BERLIN – German health authorities have increased the annual limit on medical Cannabis imports to 192.5 metric tons, in an effort to keep up with the rapid growth in patient demand while the country navigates ...

Tilray Medical Expands to Panama Market

NEW YORK – Tilray Medical, the pharmaceutical arm of Tilray Brands Inc., has secured a medical Cannabis license in Panama, marking its latest step into Central America. The company formed a joint venture with local ...

Spain Cabinet Greenlights Medical Cannabis Framework

MADRID – Spain's Council of Ministers on Tuesday approved a royal decree that sets rules for prescribing Cannabis-based medicines through the public health system, marking the first formal step toward regulated access for patients facing ...

Starmer Rules Out Cannabis Legalization in UK

LIVERPOOL – British Prime Minister Keir Starmer made clear during a question-and-answer session with high school students this week that his government has no plans to legalize Cannabis, a position that stands in contrast to ...

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