Bedrocan will return to Ontario cannabis grow it helped design
One of the oldest medical cannabis companies in the world is returning to Canada after exiting that market five years ago. Based in Veendam, Netherlands, Bedrocan International was founded in 1984 as an agricultural production company. Bedrocan got into cannabis seed development in 1992; a decade later, it received its first medical marijuana cultivation license […]
Flora Growth expands German cannabis presence with Curaleaf agreement, parallel import business
Flora Growth Corp. (NASDAQ: FLGC) on Wednesday said it signed an agreement with Curaleaf Holdings Inc. (TSX: CURA) to distribute medical cannabis products in Germany, which expanded its market earlier this year. The deal will allow Flora to import Curaleaf’s medical strains through its EU-GMP certified facility, according to a company news release. “We are […]
Report: German medical cannabis sales to exceed $455M in 2024
Medical cannabis sales in Germany are on pace to exceed a record 420 million euros (roughly $455.2 million) in 2024 and could reach 1 billion euros by 2028, according to “The German Cannabis Report” released Wednesday by Prohibition Partners, a London-based data and market intelligence company. Sales of medical cannabis in state-licensed pharmacies in the […]
Report: German medical cannabis sales to exceed $455M in 2024
Medical cannabis sales in Germany are on pace to exceed a record 420 million euros (roughly $455.2 million) in 2024 and could reach 1 billion euros by 2028, according to “The German Cannabis Report” released Wednesday by Prohibition Partners, a London-based data and market intelligence company. Sales of medical cannabis in state-licensed pharmacies in the […]
IM Cannabis announces $1.6M private placement to repay loan
Medical marijuana company IM Cannabis Corp. is planning a non-brokered private placement offering of up to $1.6 million through the sale of about 625,000 units. The company, which operates in Israel and Germany, said in a news release it plans to use the proceeds from the offering to repay a loan that A.D.I. Car Alarms […]