International: Page 9

Curaleaf Completes Majority Stake Acquisition of Germany’s Four 20 Pharma

The deal solidifies Curaleaf’s strategic advantage in Germany as the country prepares for adult use.

Akanda Partners with Cookies to Bring the Cannabis Brand and High THC Strains to European Consumers

The exclusive licensing agreement enables Akanda to cultivate, manufacture and sell Cookies branded products in Portugal, including operating Cookies branded pharmacy outlets.

Merida Capital Holdings Partners With Azucarera El Viejo for Medical Cannabis Facility in Costa Rica

The partnership comes after the Central American country legalized the use of cannabis for medical and therapeutic purposes.

BDSA Reports Global Cannabis Sales Will Grow 10% in 2022; Forecasts $57 Billion Market by 2026

Despite an inflationary environment, U.S. cannabis sales are expected to reach $27 billion by the end of 2022, a jump of 7% over 2021 sales.

Britain Bars Bermuda From Legalizing Cannabis

Bermuda’s governor, Rena Lalgie, announced this week that the United Kingdom has blocked legislation to legalize the production and use of cannabis in the British Overseas Territory.

Flora Growth Acquires No Cap Hemp Co

The acquisition provides the opportunity to expand Flora’s distribution foothold in the U.S. market with a unique collection of products with strong revenue growth potential.

Tyson 2.0 Partners With HEXO As Exclusive Canadian Producer

Under the partnership agreement, HEXO will produce Tyson 2.0’s range of products in Canada, including flower, prerolls, vapes and edibles.

The Green Organic Dutchman Closes Sale of HemPoland Subsidiary

Sean Bovingdon, CEO OF The Green Organic Dutchman, said the company will now focus on growing its business in Canada.

Tilray Cues German Regulators to Draft Adult-Use Cannabis Legislation

The multinational cannabis company initiated a policy roundtable with regulators to help kickstart legalization efforts in Germany.

Guyana Legalizes Industrial Hemp

The measure permits farmers and manufacturers to apply for a license to grow hemp for the end use of food, textiles, furniture, medicines and cosmetics.

Tilray Medical Receives Verification From the Natural Health Science Foundation in Australia and New Zealand

A Natural Health Science Foundation assessment further verifies Tilray Medical’s high-quality standard and its CBD100 product for clinical trial use.

Item 9 Labs Corp. Accelerates Growth of Unity Rd. Dispensary Franchise

The company expects to open additional new stores across the country and assist its franchisees in acquiring existing dispensaries across the U.S.

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