Global Cannabis Odyssey: Ontario Expansion, Australian Exports And Innovations In Africa

Embark on a global cannabis expedition: Ontario doubles its store count, Australia sees a rise in exports, and a novel partnership that targets medical cannabis development in Africa.

Ontario's Store Increase

Ontario, Canada plans to double its cannabis store cap to 150. This expansion aims to boost the legal cannabis market and curb illegal sales.

Australia's Cannabis Export Growth

Australia exported 1,510 kilograms of cannabis in 2022, marking a slight increase from 2021. The German market was the primary destination, receiving most of the exports, reported MJBizDaily.

Skye Bioscience And Tautomer Bioscience Partnership

Skye Bioscience and Tautomer Bioscience have entered into an exclusive license agreement for the development and sale of SBI100 products in South Africa and the rest of Africa. The focus is on chronic pain and other medical indications.

Photo: AI-Generated Image. 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.