Latest Marijuana World headlines

Pot stocks retreat as Aphria short report offsets upbeat market

A broad market rally wasn’t enough to boost cannabis stocks Monday as the sector retreated on a short-seller report that called Aphria Inc. a “black hole.”

Cannabis company craters after shortseller calls it a ‘black hole’

The hedge fund manager who targeted Greek retailer Folli Follie SA is now attacking one of the biggest pot companies in Canada.

Philippines president jokes about marijuana use while thousands die in his drug war

“I am not really bothered because I take marijuana to stay awake,” President Rodrigo Duterte said to bursts of laughter.

Ontario’s pot rules could throw retail partnerships into disarray

Ontario is limiting pot producers’ retail exposure, issuing rules about store licenses that could throw several partnerships into disarray.

Canada’s cannabis advantage going up in smoke as US moves in

Canada’s competitive advantage in cannabis is disappearing.

More Marijuana World headlines

Bags of cannabis before being divided for sale at a dispensary in Vancouver, Canada, on Oct. 9, 2018. Canada is running low on legal pot three weeks after the government approved the use of recreational marijuana, a shortage that is sending some frustrated consumers back to the black market. (Alana Paterson/The New York Times)

Cannabis industry is facing a shakeout, Aphria president says

There’s a shakeout coming to the Canadian cannabis industry and midsized companies may find it hardest to survive, according to the new president of Aphria Inc.

In this Nov. 7, 2018, photo, a cancer patient takes a drop of cannabis oil in an undisclosed clinic in Bangkok, Thailand. The National Legislative Assembly on Friday, Nov. 9, submitted amendments that would put marijuana and the plant kratom, popular locally as a stimulant and painkiller, into a legal category that would allow for their licensed possession and distribution under regulated conditions. (AP Photo/Sakchai Lalit

Thai lawmakers back legalizing medical marijuana

Thailand’s legislature has officially proposed allowing the licensed medical use of marijuana, making it a potential trailblazer in Asia.

An attendant holds a mason jar of marijuana at the Far West Holistic Center dispensary, Wednesday, Nov. 7, 2018, in Detroit. Michigan voters have made their state the first in the Midwest to legalize recreational marijuana. Voters passed a ballot measure Tuesday that will allow people 21 or older to use the drug. North Dakota voters decided recreational pot wasn't for them, Missouri voters passed one of three unrelated measures legalizing medical marijuana and voters in Utah were also considering a medical marijuana proposal. (AP Photo/Carlos Osorio)

Party of Mexico’s president-elect wants legalized marijuana

The party of Mexico’s president-elect has submitted legislation to legalize marijuana possession, public use, growing, and sales.

FILE - In this April 20, 2018 file photo, a young man smokes marijuana to celebrate the International Day for Cannabis in Mexico City. Mexico’s Supreme Court issued two more rulings Wednesday, Oct. 31, ordering that complainants in individual cases be allowed to use marijuana for recreational purposes, establishing a precedent which will apply for others that a blanket prohibition is unconstitutional. (AP Photo/Eduardo Verdugo, File)

Mexico court sets precedent on legal, recreational pot use

Mexico’s Supreme Court issued two more rulings Wednesday ordering that complainants in individual cases be allowed to use marijuana for recreational purposes.