The government of Rwanda is moving ahead with plans to go into the medical marijuana business.

The Rwanda New Times has learned the government has dedicated 134 hectares to cannabis production and is in the process of having the site developed.

The government first revealed its plans to grow and export marijuana for medicinal purposes in 2021. The Rwanda Development Board says a significant number of companies have shown interest in partnering up with the government.

Herbidus can prescribe cannabis for medical purposes using government-approved medicine and staffed by doctors, Audacious said

Australis Capital Inc (CSE:AUSA, OTCQB:AUSAF) - dba AUDACIOUS - has announced a new partnership with Thailand’s Golden Triangle Health to open the first Herbidus Medical Center in Bangkok, and the first medical cannabis clinic in Southeast Asia that is supported by a US multistate operator.

Herbidus can prescribe cannabis for medical purposes using government-approved medicine and staffed by doctors, Audacious said.

CEO Terry Booth told investors that interest in medical cannabis is expanding rapidly in Thailand. 

The clinic has already seen 800 patients through its doors during a soft launch.

Calgary cannabis store owners are pushing for changes to Health Canada's rules on product displays in an effort to make the businesses safer for staff and patrons.  

The film on windows that covers most cannabis stores is not mandated, but it is one way for them to comply with sections 29 and 30 in the federal Cannabis Act, which prohibits the display of cannabis or cannabis accessories where a young person can see them from street level.

The issue with the coverings, as Justin Woo points out, is the blocked windows act as a cover for thieves when they rob the stores. 

"Someone can come into the store and they have more time to do what they want," said Woo, who owns four Bud Bar locations.

FIKA grows its one-of-a-kind cannabis experience with two new locations at the Cadillac Fairview Malls in Toronto and Kitchener, Ontario.

The lifestyle brand redefining cannabis retail continues to expand its footprint in Canada. With 16 locations and growing, FIKA celebrates opening its doors at CF Fairview Mall and CF Fairview Park Mall.

 

 

MediPharm Labs Corp. (TSXV: LABS) (OTCQX: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids, today announced that it has acquired the intellectual property portfolio of Shelter Cannabis ("Shelter"), including cannabis dried flower and pre-roll products, manufacturing know-how, trademarks, marketing assets and provincial listings (the "Transaction"). MediPharm will pay Shelter based on an earn-out reflective of future gross sales, net of excise tax. MediPharm-originated shipments are expected to begin during Q2 2022.

Since April 2, 2021, YCharts has provided data throughout. Listed at number one are Aphria Inc. and Cannabis Inc. It is referred to as the APHA (Association ofPHA). I have a list of #2 Canopy Growth Corp. (WEED. TO#3) Aurora Cannabis Inc. It can also be found at Accordica CB (ACB). In TO: #4 Village Farms International Inc. (VFF. To) eighth out of 10 is Horseshoe Corp. (HEXO. #9 Fire & Flower Holdings Corp. of Fire & Flower Holdings, Inc. (FAF. In Number 10, Zenabis Global Inc. (ZENA.

A new report from data and market intelligence company Headset dives into the past few years of growth in 4/20-related cannabis sales, and predicts that cannabis sales leading up to the holiday in 2022 will double in the US, and increase by 50% in Canada.

Canada House Wellness Group (CSE: CHV) ("Canada House" or the "Company"), a fully integrated medical cannabis company, is pleased to provide an update with respect to its previously announced transaction (the "Transaction") with Montréal Cannabis Médical Inc. ("MTL Cannabis"). As previously announced on November 26, 2021, the Company and MTL are working diligently on the integration of their businesses in advance of the closing of the Transaction, now expected to occur in calendar Q2 2022, subject to the satisfaction of all remaining closing conditions, namely the receipt of requisite MTL Cannabis audited financial statements, the receipt of applicable regulatory approvals, and the shareholder approval described in the Company's press release dated November 26, 2021.

Worldwide cannabis sales are expected to more than double to $61 billion by 2026.

Although high-growth tech stocks get most of the glory on Wall Street, it's often overlooked that the cannabis industry is growing just as quickly, if not faster, than some of the most-popular tech trends.

According to a recently released report from cannabis-focused analytics company BDSA, U.S. weed sales tallied $24 billion in 2021 and are expected to vault to $46 billion by 2026. That's a healthy compound annual growth rate (CAGR) of 14% over five years. Globally, pot sales are forecast to hit $61 billion by 2026, representing a slightly more robust 16% CAGR, and more than doubling the $29 billion in worldwide revenue reported last year.