SYDNEY (Reuters) – Australia said Thursday it planned to become the fourth country in the world to legalize medicinal marijuana exports in a bid to score a piece of the estimated $55 billion global market. Cannabis cultivation in Australia is …
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Pot-smoking on the rise among U.S. pregnant women
(Reuters Health) – A growing number of pregnant women are using marijuana, and the habit is expanding fastest among teens and young adults, a U.S. study suggests. Among teen mothers under age 18, marijuana use during pregnancy surged from about …
Read More »Mexico to legalize marijuana-based product sales next year
MEXICO CITY (Reuters) – Mexico will legalize sales of marijuana-based medicines, foods, drinks, cosmetics and other products early next year, its health regulator said on Wednesday, bringing some forms of cannabis into legal commerce even as the country struggles with …
Read More »Canadians consumed C$5 billion to C$6.2 billion in cannabis in 2015 – study
OTTAWA (Reuters) – Canadians consumed an estimated C$5 billion ($3.8 billion) to C$6.2 billion worth of cannabis in 2015, a study by Statistics Canada showed on Monday, ahead of the nationwide legalization of recreational use of the drug next year. …
Read More »Cannabis ingredient holds promise as antipsychotic medicine
LONDON (Reuters) – An ingredient in cannabis called cannabidiol or CBD has shown promise in a clinical trial as a potential new treatment for psychosis, scientists said on Friday. In research involving 88 people with psychosis – a mental disorder characterized …
Read More »Aurora Cannabis wins rights for licensing talks with CannaRoyalty
(Reuters) – Canadian medical marijuana maker Aurora Cannabis Inc has won the rights to negotiate a licensing deal with CannaRoyalty Corp that will allow it to sell a range of cannabis-infused consumer products. Aurora — one of the biggest Canadian …
Read More »CanniMed asks Canadian regulators to intervene in hostile Aurora bid
(Reuters) – Medical marijuana company CanniMed Therapeutics Inc has asked Canadian regulators to intervene as it seeks to prevent a hostile takeover by bigger rival Aurora Cannabis Inc. Saskatoon, Saskatchewan-based CanniMed said on Monday it asked the Financial and Consumer …
Read More »Wildfires pile woes on California pot industry after tough year
(Reuters) – Wildfires blazing through Southern California are worrying marijuana growers, who fear that smoke could damage their crops, the basis of a newly legalized industry in the state. For the cannabis industry, recovering like the rest of the state …
Read More »High tech, high finance and high times for U.S. pot industry
(Reuters) – Two years ago, Alan Gertner was head of Google’s Asia-Pacific sales team in Singapore, handling more than $100 million in business. Pipes are displayed for sale in the cannabis themed cafe chain Tokyo Smoke in Toronto, Ontario, Canada …
Read More »Paraguay Congress legalizes planting of medical marijuana
ASUNCION (Reuters) – Paraguay’s Congress passed a bill on Tuesday creating a state-sponsored system to import marijuana seeds and grow the plant for medical uses, a decision that followed other countries in Latin America. The landlocked South American nation had …
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