International Marijuana Business News – Use to place on INTL homepage
Mayim Bialik, an actor in the “Big Bang Theory” TV sitcom, is suing more than two dozen foreign affiliate marketing sites for falsely claiming the “Jeopardy!” host endorsed their CBD products.
Zenabis Global, a subsidiary of Quebec-based licensed cannabis producer Hexo Corp., filed for creditor protection under Canada’s Companies’ Creditors Arrangement Act (CCAA) to restructure the business.
Canadian cannabis companies awaiting a potentially major regulatory overhaul they hope will pump new life into the country’s fledgling infused beverage market will have to wait a bit longer.
Hexo Corp. reported a net loss of 146 million Canadian dollars ($112 million) for its February-April quarter, bringing the Canadian cannabis producer’s loss for the first nine months of its 2022 financial year to CA$953.8 million.
Germany is set to launch a series of expert hearings at the Federal Ministry of Health this week as part of the country’s plan to legalize cannabis production and sale.
Infused beverages haven’t yet taken off in Canada, but that doesn’t concern Paul Weaver, head of cannabis at Boston Beer Co., the well-known U.S. craft brewer.
Weaver espouses a go-slow approach in the infused beverage business.
Canadian marijuana insiders say a new federal “cannabis strategy table” bringing together industry leaders and government officials will be an opportunity to discuss key concerns such as excise taxes, marketing restrictions and THC limits on edibles and beverages.
