‘Aside from vape hardware, we can find sources that supply most of our core products in Canada and internationally,’ Tilray CEO says Amid a widespread market selloff due to investor concerns about the COVID-19 outbreak, cannabis companies also have to contend with disruptions involving vaporizer hardware, the vast majority of which is produced in China. […]
China
Foreign Direct Investment (FDI) from China in U.S. Cannabis Businesses
By Jonathan Bench, Attorney @ Harris Bricken If you think your Chinese investor will be able to get your cannabis venture the promised investment funds any time soon, you are in for a long slog. Most companies do not care who provides their investment capital (as long as the investors are content being passive investors), […]
Beijing says US legalization of marijuana is a ‘threat to China’
Beijing’s leading drug enforcement body has blamed the legalization of marijuana in Canada and parts of the United States for a spike in the amount of drugs smuggled into the country, describing it as a “new threat to China.” At a press conference in Beijing Monday, Liu Yuejin, deputy director of the China National Narcotics […]
TheraCann and CannAcubed Enter Collaboration Agreement to Validate Cannabis and Hemp Supply Chain in China
PRESS RELEASE Alliance will Utilize Technology from Applied DNA Sciences in ETCH biotrace™ to Secure Supply Chains STONY BROOK, N.Y.–(BUSINESS WIRE)–Applied DNA Sciences, Inc. (NASDAQ: APDN), announced today that partner TheraCann International Benchmark Corporation (“TheraCann”), a leading full service international cannabis consultancy and technology firm, in conjunction CannAcubed Pte Ltd (CannAcubed), a pioneer in the […]
Cannabis and International Trade: Never the Twain Shall Meet?
By Adams Lee , Attorney at Harris Bricken Recently, we’ve been getting tons of questions from clients regarding the international import and export of cannabis around the globe. 2018 was a historic year for the cannabis industry not just in the United States, but also internationally. Canada legalized recreational marijuana for the entire country. Many countries (e.g., Thailand, […]
China joins list of Asian countries warning against cannabis use in Canada
Marijuana may be legal now in Canada but at least three Asian governments are warning their citizens to avoid it, including the spectre of possible arrest for Japanese and South Koreans. China, the latest to weigh in, didn’t go that far. Its consulate in Toronto issued a statement dated Friday reminding Chinese in its jurisdiction […]
