Business news

Why the US Cannabis Industry May Witness a $20 Billion Boom

The $867 billion farm bill paves the way for America's hemp industry to really start blazing

Green progress: WA's first medicinal cannabis-specific clinic opens

Subiaco is now home to WA's first cannabis-centric GP clinic

A look at where companies stand on cannabis business

When Canada legalised recreational cannabis in October, it emerged as the world leader in the industry — and U.S. companies are scrambling to get in on the action

Canopy Growth buys German vaporiser producer for $165 million

Canopy Growth Corporation has agreed to a €145 million ($165 million) deal to snap up German vaporiser producer Storz & Bickel

Medical cannabis to be licensed in Greece

In an attempt to tap into the market worth billions, earlier this week Greece issued the first licence to private companies allowing the growth of medical cannabis

Amnesty for illicit cannabis breeders

Local cannabis breeders sought by country’s largest licensed producer as Government allows amnesty for New Zealand’s illicit strains

Maltese government publishes medicinal cannabis production fees

Companies producing medicinal cannabis in Malta will be subject to annual fees amounting to a maximum of €63,000 if all related activities are undertaken

Cronos Australia in $200m cannabis IPO pitch

Medicinal cannabis hopeful Cronos Australia has launched an 11th hour run at the ASX-boards which could see the company list this side of Christmas with up to a $200 million market capitalisation

Revenues at cannabis startups surge as demand begins to outstrip supply

"We anticipate this dynamic to continue for some time," said one CEO

The legal cannabis farm set to supply medical cannabis to the UK

This is one of the cannabis farms set to supply cannabis-based products for medicinal purposes to the UK. Groundbreaking legislation that came into effect on November 1 means that specialist UK doctors are now able to prescribe cannabis-based products