South America

Tue
30
Oct

New Frontier Data launches first International Cannabis Alliance to address cannabis industry risk, opportunities and best practices worldwide

New Frontier Data, the authority in data, analytics and business intelligence in the global cannabis industry, in conjunction with CannaTech and leading companies representing the key building sectors of any legal cannabis market, announces the creation of the InterCannAlliance (ICA).

The ICA has been established to educate and inform future regional market and thought leaders interested in the cannabis industry, fostering responsible, transparent and effective market practices learned across more mature North American cannabis sectors.

Tue
23
Oct

Report predicts $13 billion Latin American cannabis market by 2028

Over the past two years, the Latin American cannabis industry has “emerged from the shadows” to command the attention of international firms and investors. Legal cannabis sales within the region are on track to reach $125 million in 2018; that figure is expected to rise to $12.7 billion by 2028.

Fri
28
Sep

Jamaica makes first shipment of medical marijuana to Canada

Jamaica has made its first shipment of medical marijuana extract oil to Canada.

In making the announcement, Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw, “Jamaica is uniquely positioned to be a global player and we are committed to providing the leadership and resources required for opening the international markets including Canada and Europe for our licensed and regulated Jamaican companies.”

The shipment was authorised through an import permit issued by the Government of Canada through Health Canada for Jamaica and an export permit issued by the Ministry of Health in Jamaica.

Mon
17
Sep

The first country to legalize pot is taking it slow

The first country to legalize recreational marijuana is still going through growing pains in setting up its market.

Uruguay, which legalized the drug nationally in 2013, is in no rush. The Latin American country wants to do it the right way, and that means, at least initially, a lot of restrictions.

"They're very aware that they're the first in the world to do this," said John Walsh, director for drug policy and the Andes at the Washington Office on Latin America. "They've run with a tightly controlled model to show the world that they have control over the system."

Thu
13
Sep

FSD Pharma to expand into Jamaican market and introduce FSD Jamaica

FSD Pharma Inc. ("FSD" or the "Company") (CSE: HUGE) (OTC: FSDDF) (FRA: 0K9) is pleased to announce that it intends to launch a strategic partnership into the Jamaican cannabis market as part of its plan to expand internationally.

FSD has signed a Letter of Intent ("LOI") effective September 10, 2018 with JJAMACANN Inc. ("JJAMACANN") to form a joint venture operating as FSD Jamaica ("FSD Jamaica").

Thu
30
Aug

New study says CBD works best when combined with other cannabinoids

Many people know about the medical benefits of cannabidiol (CBD), a cannabinoid found in marijuana. But it turns out taking CBD alone may not be the most effective way to get those benefits, writes Joseph Misulonas.

Fri
24
Aug

A mother’s courage in Peru: Facing prison for giving her son medical marijuana

In the working-class Lima district of Pueblo Libre, I make my way to an apartment complex and up to the flat of Ana Álvarez—the unlikely woman almost singlehandedly responsible for Peru’s groundbreaking new medical-marijuana law.

Mon
20
Aug

Canada just became the second nation to legalize marijuana. Here are all the top countries for progressive drug policy reform

Canada recently became the second country — and the first Group of Seven country — to legalize marijuana for adults. As cultural attitudes change, governments around the world are looking to update their policies on drugs more generally.

Uruguay, a small nation of around 3 million people in South America, set a global precedent when former president Jose Mujica signed a law to legalize marijuana in December of 2013.

Fri
03
Aug

Get ready for Hempire Jamaica

A Canadian company is entering the Caribbean marijuana market and is counting down to the launch of Hempire Jamaica.

CROP Infrastructure Corp., a publicly listed company on the Canadian and US stock exchange, this week announced it has acquired a 49 percent stake in a 217,000 sq. foot property ideally situated for future cannabis production and extraction in the Westmoreland Parish of Jamaica.

“CROP continues to build its global footprint by securing this strategic joint venture in Jamaica,” said CROP Director & CEO Michael Yorke. “Many countries are now introducing new licensing and legislative regimes for CBD and cannabis and are prime entry points for our growing organization.”

Mon
23
Jul

Jamaica’s medical marijuana industry

Jamaica is moving to establish a medical marijuana industry, according to Audley Shaw, minister of Industry, Commerce, Agriculture and Fisheries.

He said the government is moving to ensure that Jamaica is not left behind in the growing medical cannabis industry.

Shaw noted that while Jamaica has only decriminalized the use of up to two ounces of marijuana and issued a few licenses for production and processing, the product is now legal in Canada, and 31 states in the United States have been producing and using it for medicinal and recreational purposes.

Shaw said Jamaica needs to move quickly to take advantage of opportunities in the growing of cannabis and manufacture of its products.

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