Cannabis News Box

Khiron enters Uruguay cannabis market with an acquisition valued at $13.7 million

Khiron enters Uruguay cannabis market with an acquisition valued at $13.7 million

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 4, 2019


Filed under Global

Khiron Life Sciences has signed a binding LOI to purchase 100 percent of NettaGrowth, valued at $13.7 million.  This is a big deal for cannabis in South America because it means that Khiron has become the first company to secure a medical THC & CBD cannabis cultivation capacity in Uruguay, the world's first ever country to ...

Australian cannabis industry leader Jason Conroy sees big potential in South America

Australian cannabis industry leader Jason Conroy sees big potential in South America

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 26, 2018


Filed under Global

When you close your eyes and envision the cannabis industry, your mind probably wanders to images of cannabis in America and Canada, where the industry is booming. However, the “green rush” is slowly unfurling across South America, too. That’s what MMJ Phytotech (ASX:MMJ) chief Jason Conroy says. ...

Crime rate lowers after cannabis is legalized in Uruguay

Crime rate lowers after cannabis is legalized in Uruguay

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 19, 2018


Filed under Global, News

Uruguay’s drug-related crime rates have dropped by 20 percent since the Cannabis plant was legalized for distribution and sale in July 2017, based on a recent report by Telesur. The sovereign state made history as the first place on the map to legalize cannabis distribution. This change in cannabis laws has led to a major reduction in the war on drug...

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