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Canada’s Preference for Cannabis 2.0 Products Increases
In October 2019, Canada launched Cannabis 2.0 products, including cannabis-based edibles, vapes, beverages, oils and topicals. Investors anticipated that these new products would bring a new wave of investment and...
Argentina announces plans to broaden medical cannabis schemes
Argentina has drafted regulations to increase accessibility to medicinal cannabis in 2020, allowing more patients to get access.
Germany imports 4,126kg of medical cannabis during the first half of 2020
Yesterday, Germany’s BfArM released new data on medical cannabis imports from Q1 and Q2 2020, showing an increase of 16% in Q1 2020 and 32% in Q2 2020.
Canadian legal cannabis sales set to surpass CAD$2 billion in 2020 and outpace illegal production
According to StatsCan, Canadian retailers sold a record CAD$185.9 million worth of cannabis in May 2020.
Medical Cannabis Prescriptions Grow 400% year-on-year in the Czech Republic
Czech Republic passes 1,000 monthly patients mark as flower prescriptions grow 400% year-on-year
Overcapacity continues to loom over the Canadian market despite players slashing costs
Despite increasing demand, both in the medical and adult-use markets, inventory figures continued to increase in tandem, leading to an oversupply in the Canadian market.
Cannabis 2.0 boosts legal cannabis sales in Canada
Health Canada has resumed the publication of monthly data on the Canadian market, showing a steady increase in medical cannabis sales since October 2019.