International

Do the Chinese Really Run the Illicit Weed Market in America?

March 30, 2023 · Cannabis.net

A joint law enforcement task force discovered approximately 9,000 pounds of cannabis with an estimated value of nearly $15 million in a suburban neighborhood in Antioch, Calif, just a few days before Christmas. The California Department of Cannabis Control suspected the four houses searched in the bedroom community located 45 minutes outside San Francisco had links to China. Illegal marijuana production in the United States has long been associated with Mexican cartels, who import, grow and distribute illicit cannabis. However,… Read more.

Leafly Shifts Focus From Cannabis News To Product And Marketplace-Driven Content

March 29, 2023 · Benzinga

LFLY-4.46%+ Free Alerts, a leading online cannabis marketplace and resource for marijuana users, is shifting its focus from journalism about the industry to offering consumer-oriented content, which will include product information. WeedWeek and newsletter Cultivated were the first to report the news. Consumer Education Is The Way Leafly aims to shift its content strategy towards being more focused on products and marketplaces, with the goal of providing consumers with valuable information to help them make better purchasing decisions, a company spokesperson told MJBizDaily. Former Leafly… Read more.

Study: 37% of Australian Medical Cannabis Users Have Prescription

March 27, 2023 · Ganjapreneur

A recent study by the University of Sydney’s Lambert Initiative found 37% of respondents who use cannabis medically received a legal prescription under Australian law. In 2018, that figure was just 2.5%. The researchers found that those who only used prescription cannabis tended to be older, female, and less likely to be employed. Professor Nicholas Lintzeris, the lead researcher for the third Cannabis as Medicine Survey from the Faculty of Medicine and Health at the University of Sydney, said the data… Read more.

Swiss Government Approves Cannabis Legalization Trial

March 24, 2023 · Ganjapreneur

Switzerland’s government has approved a trial to legalize the sale and consumption of cannabis and assess the social and economic benefits of regulating cannabis products, CNBC reports. Starting this summer, a test group of 2,100 Zurich residents will be allowed to purchase regulated doses of cannabis for personal use from pharmacies, dispensaries, and social clubs in the city.  As part of the study, participants will be expected to answer a questionnaire every six months on their cannabis consumption habits and health effects. The study is conducted in collaboration… Read more.

Most Canadian Neighborhoods Are Located Within 5-Minute Drive Of A Marijuana Dispensary, Study Shows

March 24, 2023 · marijuanamoment.net

A new study shows that four years after Canada legalized marijuana for adult use, nearly six out of every ten neighborhoods in the country is located within a five-minute drive of a cannabis dispensary, demonstrating the level of access afforded to consumers. The study, which was a collaborative effort by investigators from various universities and research institutes in Ottawa and Toronto, also showed that over the course of a four-year span only 7 percent of retail cannabis locations permanently closed.… Read more.

Switzerland nears launch of recreational cannabis trial

March 23, 2023 · MJ Biz Daily

Switzerland’s government is one step closer to its yearslong effort to launch a trial program involving the sale and consumption of recreational cannabis. Called “Züri Can – Cannabis with Responsibility,” the study will involve only Zurich and is intended to provide a scientific basis for the development of the country’s cannabis policies. The study was expected to start in autumn 2022 but was delayed because the Federal Office of Public Health and the Cantonal Ethics Committee had yet to give their approval. Only… Read more.

Meet the people in Chiang Mai riding high on the legalization of marijuana in Thailand

March 22, 2023 · Insider

In June last year, Thailand became the first country in Southeast Asia to decriminalize the use of marijuana. It comes after decades of being classified as a Category 5 drug. Cannabis, also known as marijuana, has had a long history in Thailand. Traditionally, the plant was used by locals in their food and medicine.  But in 1935, using marijuana — whether as a drug or otherwise — was criminalized. And until last year, anyone using or possessing marijuana could face… Read more.

‘Cannabis in Germany will be a success story’: Europe’s biggest economy moves closer to weed legalization

March 22, 2023 · CNBC

Germany could be weeks away from introducing a bill to legalize cannabis under sweeping reforms that would greenlight the consumption and sale of the drug in Europe’s largest economy. Germany’s Health Minister Karl Lauterbach last week said that the plans had received “very good feedback” from the European Commission, the EU’s executive arm, adding that the bill could be announced by the end of March or in early April. “We will soon present a proposal that works, that is, that conforms to… Read more.

Brazil to rule whether businesses can plant cannabis, potentially opening passage to legal cultivation

March 22, 2023 · Fox News

A Brazilian appeals court has agreed to rule on whether companies and farmers can plant cannabis in the country, which could open the door to legal cultivation for medicinal and industrial purposes after legislative efforts stalled in recent years. The decision by the Superior Court of Justice (STJ), Brazil's top appeals court for non-constitutional matters, was made public on March 14 and established its jurisdiction for a nationwide precedent regarding the import of seeds and planting of cannabis. Now, all pending cases… Read more.

Marijuana MSO TerrAscend could list on Toronto Stock Exchange by summer

March 22, 2023 · MJ Biz Daily

Marijuana multistate operator TerrAscend Corp. could become the first U.S. plant-touching company to list on the Toronto Stock Exchange by this summer if the restructuring plan it shared with shareholders and analysts wins TSX approval. And if the company is successful, that potential could trickle down to other U.S. plant-touching cannabis operators, which have been barred from major exchanges because marijuana remains federally illegal in the United States. Massachusetts-based Curaleaf Holdings, for example, has also had discussions with the TSX about the possibility… Read more.

Historic Ruling To Legalize Cannabis Cultivation In Brazil: These Weed Companies Will Likely Benefit

March 21, 2023 · Benzinga

Following years of stalling on the issue of legal cultivation of cannabis for medicinal and industrial purposes, a Brazilian appeals court is set to rule on allowing businesses and farmers to grow cannabis, reported Reuters. What Happened? The Superior Court of Justice (STJ) made its intentions public to reach a final decision on a case that would set a precedent nationwide. Lawyers familiar with the case said until the court's final ruling on the matter, which is expected within the next year, pending cases filed by companies seeking to plant… Read more.

Canadian cannabis industry reckons with inflated THC label claims

March 21, 2023 · MJ Biz Daily

Scientists or researchers A hand holding a test tube of hemp oil Monitoring and analysis with hemp plant drops and bio-ecological systems used for cbd oil, herbal medicine, recreation.

Potency testing on store-bought cannabis flower by a Canadian laboratory has found THC levels significantly lower than the labeled value, sparking an industrywide conversation about how to address inaccurate THC claims. Rob O’Brien, CEO and chief science officer of Kelowna, British Columbia-based licensed cannabis testing laboratory Supra Research and Development, shared the findings from his Canadian potency tests online. O’Brien tested 46 different cannabis flower products, grown by 21 producers, in a variety of package sizes purchased from several different stores in… Read more.

Cannabis Retailer High Tide Achieves Record Revenue, EBITDA For Second Consecutive Quarter

March 18, 2023 · UK.Investing.com

Cannabis retailer High Tide Inc. (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA) released first-quarter results Friday, posting a 64% year-over-year revenue increase. "Our Q1 earnings numbers represent the best quarter ever in High Tide’s history in terms of revenue, adjusted EBITDA, and market share growth. Q1 is now our second consecutive quarter of record revenue and adjusted EBITDA and saw a meaningful improvement in our free cash flow position," said CEO Raj Grover. HITI Financial Highlights Revenue increased to $118.1 million in the first… Read more.

Germany To Introduce Bill To Legalize Cannabis In The Coming Weeks

March 18, 2023 · Forbes

Germany is moving forward with its plan to legalize cannabis for recreational use, aiming to become the first European country to regulate the sale of cannabis products. But while supranational legal frameworks may pose obstacles to legalization, Lauterbach has received positive feedback from the EU, highlighting that the legislation must comply with EU regulations. Lauterbach has expressed confidence that his plans to legalize cannabis will be approved by the EU. Speaking in Brussels on Tuesday, March 14, before a meeting… Read more.

Not So Fast, Colombia! – Argentina Plans $50 Million in Medical Cannabis Exports By As Early As 2025

March 16, 2023 · Cannabis.net

Argentina's newly established regulatory body for cannabis is supervising numerous research and development initiatives with the aim of entering the potentially profitable market for cannabis exports. By 2025, the Argentine government aims to generate $500 million in domestic cannabis sales and $50 million in exports. Although the recreational use of cannabis is prohibited, individuals in Argentina can cultivate their plants for medicinal purposes. The government is considering expanding the number of private companies authorized to manufacture cannabis, as this industry has significant… Read more.

Marijuana Developments Around The World: Fines, Legalization And Medical Advances

As the Benzinga Cannabis Capital Conference in Miami is coming on April 11-12, where prominent CEOs, investors, advocates, leaders, and politicians will come together, let's examine the most recent changes in global regulations related to the cannabis industry. A Czech Journalist Fined For Publishing Cannabis Magazine, But People Need To Be Educated About Weed The Czech Court of Appeals has determined that the publication of a cannabis magazine is considered unlawful under the charge of "spreading of toxicomania," per Prague Morning. The court… Read more.

5 Canadian cannabis producers face May deadline in ‘extracts/edibles’ conflict

March 15, 2023 · MJ Biz Daily

Health Canada has asked five companies to stop distribution and sale of noncompliant cannabis edibles products by the end of May and provincial wholesalers have been notified of the ongoing crackdown after months of confusion, MJBizDaily has learned. Canada’s cannabis industry and the federal government have been on a collision course over the products since January, when Health Canada started asking some licensed companies to stop selling certain ingestible marijuana products. The industry says the products are appropriately classified as cannabis “extracts”… Read more.

High times: Cannabis-infused spa treatments are taking Thailand by storm

March 13, 2023 · The Thaiger

Thailand has long been known for its traditional spa treatments that incorporate ancient healing techniques and natural ingredients. But with the legalization of cannabis in June 2022, a new trend is emerging in the world of wellness: cannabis-infused spa treatments. Cannabis-infused spa treatments are quickly becoming a popular way to relax and unwind in Thailand, and for good reason. CBD, one of the primary compounds found in cannabis, may have numerous health benefits, including reducing inflammation and promoting relaxation. At the… Read more.

‘BLEW MY MIND’ Inside the trendy psychedelic drug Prince Harry took to help deal with Diana’s death – which causes most to vomit

March 12, 2023 · The Sun

SHAMAN Adriano Delgado Alvarado blows pure tobacco smoke into my face while chanting and shaking the shacapa plant over my scalp. He is cleansing my body of evil spirits ready to take the potent psychedelic drug ayahuasca — championed by Prince Harry in his online interview with self-help guru Dr Gabor Maté. Dr Maté endorses and promotes The Temple of the Way of Light healing centre in the Peruvian rainforest, where Shaman Adriano works. Harry told how he took ayahuasca to help him deal… Read more.

Your GP Prescribing Medical Cannabis For You? – The UK Has Issued Over 300 Cannabis-Based Prescriptions from GPs and Counting

March 11, 2023 · Cannabis.net

According to recently made public data from the UK medical system, Devon's general practitioners have written hundreds of prescriptions for medical cannabis in the last five years. This information has come to light amid rising charitable calls for improved access to medical cannabis for people with autoimmune and neurological conditions. Medical conditions like multiple sclerosis, epilepsy, and chronic pain can all be effectively treated with drugs made from cannabis plants or synthetic cannabinoids. Despite their potential benefits, these therapies can… Read more.

Mexico Grants First License for Cannabis Cultivation

March 11, 2023 · Ganjapreneur

Mexico’s government on Thursday granted its first-ever license for cannabis cultivation in the country. The Mexican Health Regulatory Agency awarded the license to Xebra Brands which allows it to import and acquire cannabis seeds, cultivate and harvest cannabis, process and produce cannabis, and sell cannabis products both domestically and through export.    The licensing comes two years after the Mexico Supreme Court ruled cannabis prohibition was unconstitutional which led to the passage of cannabis reforms by federal lawmakers.    In a press release, Jay Garnett, CEO of Xebra Brands,… Read more.

Cannabis Around The World: Drug-Driving In Australia, UK Studies CBD, South African Weed Farmers & More

March 10, 2023 · Benzinga

Drug-Driving Law Reform In Australia Cannabis advocates in Victoria are pushing for a policy change through an amendment to the Road Safety Act (1986) under which driving with THC in one's system will no longer be an offense as long as it has been prescribed, reported Vice. Even though it became the first state in Australia to legalize medical marijuana in 2016, those relying on regular use of medical marijuana (MMJ) risked being charged for driving with THC in their system. The main issue is that THC remains detectable in… Read more.

Raphael Mechoulam, Israel’s ‘father of cannabis research,’ dies at 92

March 10, 2023 · JTA.org

 In the early 1960s, a Bulgarian-born scientist named Raphael Mechoulam was caught carrying five kilograms of, as he called it, “superb, smuggled Lebanese hashish” on a bus from Tel Aviv to Rehovot. But he wasn’t planning on smoking the stuff. Mechoulam was a fledgling researcher keen on exploring the science behind cannabis, a stigmatized plant whose specific medical properties were not yet known. Over the decades he became a pioneer in cannabis research, whose findings about the psychoactive substance helped ease… Read more.

Argentina makes headway in establishing a cannabis export industry

March 9, 2023 · Reuters

Argentina's new cannabis watchdog is overseeing more than 50 projects related to the research and development of cannabis and is establishing a regulatory framework as it bids to enter the potentially lucrative weed export market. "The industry has incredible potential," said Gabriel Gimenez, director of the ARICCAME cannabis agency created in January this year, last week. He said 51 regulated research and development projects are currently taking place around the country, including Cannava in Jujuy province, Agrogenetica Riojana in La Rioja,… Read more.

Canadian Cannabis Company Announces License to Sell Cocaine! – Nah, Never Mind, We Were Just Clickbaiting the World

March 8, 2023 · Cannabis.net

Adastra Labs, a Langley-based company known for its cutting-edge cannabis and ethnobotanical products, has recently received approval from Health Canada for an amended license. This license permits the lawful possession, production, distribution, and sale of a highly regulated substance. Following decriminalizing personal amounts of controlled substances in British Columbia, Adastra can now interact with up to 250 grams of cocaine and import coca leaves to create and synthesize the substance. As a leading manufacturer and supplier of innovative scientific products, Adastra Labs… Read more.

Canadian producers report 2,200 kilograms of lost or stolen cannabis since 2018

March 7, 2023 · MJ Biz Daily

An increasing amount of cannabis grown by licensed Canadian producers has been lost or stolen over the past five years, new data shared with MJBizDaily shows. Separate data provided by Health Canada, the department responsible for federal health policy, also revealed that thousands of instances of theft have been reported to various levels of police. However, the sum of the missing products – including 2,219 kilograms (4,870 pounds) of dried cannabis – is a small fraction relative to the amount… Read more.

Canada’s Top CEO Raj Grover Talks Cannabis And Future Of Retail: Here’s How To Meet Him In Person

March 6, 2023 · Benzinga

The Benzinga Cannabis Capital Conference, the world's largest gathering of cannabis decision-makers, founders and investors is returning to Miami Beach, Florida on April 11-12, 2023 and Raj Grover, president and CEO of High Tide, will be there. High Tide Inc.  HITI+1.48%+ Free Alerts is Canada’s largest non-franchised retailer of recreational cannabis so you won't want to miss out on what he's got to say about the industry. Need A Business Strategy? Ask A Transparent Negotiator Since starting his first company at the age of 22, Grover established himself as one of Canada’s foremost… Read more.

The Canadian Government Has Collected Over $1 Billion in Cannabis Taxes Since Legalization Began in 2018

March 4, 2023 · Cannabis.net

Since recreational use of cannabis became legal in Canada in 2018, the federal government of that country has imposed a total duty on cannabis products of over 1 billion Canadian dollars ($740 million). Executives expect that the government would ease the tax and excise regime it imposes on the sector as employment and financial losses rise as the milestone is reached. Around CA$862.3 million in total duty on cannabis products was levied by the federal government between the 2018–19 and 2020–21… Read more.

The International Weed Trade is Booming! – Italian Police Intercept over 100 Kilos of Canadian Cannabis

March 4, 2023 · Cannabis.net

Over 100 kg of cannabis shipped from Canada intercepted by Italian police In a recent cargo from Canada to Italy, 108 kg of cannabis were concealed among the absorbent mats for animals.  Police confiscated the shipment from an organization that apparently deals with shipping and logistics in the Milan area earlier this week, according to local sources that were initially made public by StratCann. Police were contacted after workers noticed a cannabis odor coming from a pallet of packages that had… Read more.

B.C. Cannabis Company Gets Approval To Make Cocaine From Health Canada

March 3, 2023 · Complex

Adastra Labs, a cannabis company based in Langley, British Columbia, announced that it had received approval from Health Canada to include cocaine as a substance that it can legally process, sell, and distribute. B.C. Premier David Eby said he was “astonished” when he became aware of the news, according to CTV News. “The short answer is I was astonished by this announcement. I understand that this company says Health Canada has given them some sort of authorization. It is not part of our… Read more.

Cannabis News Around The World: Banking Solutions For Malta Weed Clubs, Netherlands’ Pot Sales Experiment, MMJ Decriminalization In Philippines, And More

Malta Government Helps Nonprofit Cannabis Clubs Access Banking Services A new measure in Malta will allow cannabis users to buy their weed at nonprofit cannabis clubs. The Minister for Reform Rebecca Buttigieg, and the Authority for Responsible Consumption of Cannabis Leonid McKay, highlighted it was the first legal framework of its kind in Europe and noted it was a "pioneering" legal measure, while those seeking to apply for a license could do it through Malta's Authority for the Responsible Use of Cannabis (ARUC), starting on Feb. 28. According to Malta… Read more.

Fizzy Drink Passion Fuels Zèle Cannabis-Infused Craft Beverages

February 28, 2023 · Forbes

Two young entrepreneurs turned their zeal for fizzy drinks and cannabis into a craft beverage brand, using tasteless full-spectrum cannabis as well as organic and simple ingredients. Canada-based Zèle (pronounced zéll) is helping to transform the cannabis beverage game, led by CEO and Formulator Callum Hanton, and National Brand Manager Jonathan Martin. Both were under the age of 20 when Hanton first developed the company’s proprietary technology, and when they launched the brand. “We have overcome many hurdles to get to where we… Read more.

From Grower to Shower: What’s Next for Canopy Growth Corporation?

February 25, 2023 · MG Magazine

SMITH FALLS, ONTARIO – Canopy Growth Corporation, one of the world’s largest cannabis cultivators and manufacturers, announced plans to lay off 35 percent of its workforce—roughly 800 jobs—in an effort to rebound from its recent CAD $266.7 million (about U.S. $196 million) net loss last quarter, following a CAD $115.5 million loss in the same quarter in 2021. Canopy also will consolidate its once-vast cultivation division, closing its signature 1 Hershey headquarters in Smiths Falls, Ontario. The company said the facility will be… Read more.

Ayahuasca, ‘source of knowledge’ in the heart of the Amazon

February 24, 2023 · yahoo!news

In the heart of the Ecuadoran Amazon live the Cofan Avie, masters of ayahuasca -- the powerful hallucinogenic concoction said to open the door to the "spirit" world. Here, they call it "yage" and consume it for health and wisdom. "God once lived here on this planet", recounts Isidro Lucitante, the patriarch and shaman of nine Indigenous Cofan Avie families spread over 55,000 hectares of river and jungle along the border with Colombia. This god "pulled out one of his hairs… Read more.

Indigenous cannabis entrepreneurs underrepresented in Canada, data suggests

February 24, 2023 · MJ Biz Daily

Entrepreneurs in Indigenous communities are significantly underrepresented within Canada’s cultivation and retail marijuana industry, new data compiled by MJBizDaily suggests. MJBizDaily research also found that the country’s largest provinces by population – Ontario and Quebec – have not reached any government-to-government deals regarding cannabis regulation with First Nations since 2018, a potential factor for their general absence from the federally legal industry. Among the 755 unique cannabis corporations licensed by Canada’s federal government as of last year – mostly cultivators and processors –… Read more.

Democrat Party announces anti-cannabis campaign platform

February 22, 2023 · Thaiger

While nearly every street corner in tourist areas of Thailand is selling cannabis legally now (a recent driver in Samui spotted nine shops in a two-block stretch), not everyone is in favour of it, especially politicians. Politicians believe the rushed legalization and subsequent free-for-all is a strong talking point against the Bhumjaithai Party, who pushed for decriminalization. Now, the Democrat Party has launched its election campaign with a vow to reverse the blanket legalization of cannabis. The hardline anti-cannabis party platform comes despite being a coalition partner of the Bhumjaithai Party in… Read more.

Canadian adult-use cannabis sales jump nearly 18% in 2022, hitting CA$4.5 billion

February 22, 2023 · MJ Biz Daily

Canada’s cannabis consumers spent 4.52 billion Canadian dollars ($3.35 billion) on regulated adult-use products in 2022, growing 17.9% over 2021’s sales total, according to new retail sales data released Tuesday by Statistics Canada. The year-over-year sales increase came as the number of licensed cannabis stores in Canada increased. In 2021, Canadians bought CA$3.83 billion worth of recreational cannabis from licensed stores. Despite the notable year-over-year increase, the pace of cannabis sales growth in Canada appears to be slowing, said Michael… Read more.

Vermont Cannabis Regulators Investigating Curaleaf’s Ties to Russian Oligarch

February 22, 2023 · Ganjapreneur

Regulators in Vermont are investigating links between Roman Abramovich, a Russian oligarch, and cannabis MSO Curaleaf. Cannabis regulators in Vermont are investigating the links between Russian oligarch Roman Abramovich and multi-state cannabis operator Curaleaf, VT Digger reports. The inquiry follows a report by Vice that found Abramovich invested $130 million and provided $194 million in loans to US cannabis firms between 2016 and 2018, with Curaleaf as the main beneficiary.   In Vermont, Curaleaf owns Phytocare Vermont in Bennington and Vermont Patients Alliance in Montpelier.  According to… Read more.

Marijuana Goes Global: Key Trends In US, Philippines, Italy, Australia And Spain

February 21, 2023 · Benzinga

Cannabis Measures In The Philippines Kalinga Gov. James Edduba supports the immediate approval of the medicinal cannabis measure pending in both chambers of Congress. This move will help dissuade the spread of illegal hemp in Benguet and Kalinga. However, lawmakers "must ensure that the provisions for the medical marijuana measure should be favorable to the farmers," Edduba said, reported Manila Times. Additionally, Manila Former House of Representatives speaker and now Davao del Norte 1st District Rep. Pantaleon Alvarez seeks to "delist cannabis from the country’s dangerous drugs,… Read more.

Get Your Legal Weed Today: New Store Openings Across 6 States, Plus Canada

February 21, 2023 · Benzinga

Trulieve Launches Rec Marijuana Sales In CT Trulieve Cannabis Corp.'s  TRULTCNNF new dispensary in Bristol, Connecticut, started selling adult-use cannabis products on Friday, Feb 17. Recently relocated to 820 Farmington Ave., the company's hybrid (medical and adult-use) dispensary will offer a large selection of products available in various dosage forms from friendly and knowledgeable dispensary agents via pre-order or in-store. "Trulieve has a long history in Connecticut that dates back to the first medical cannabis sale in 2014, so we are proud to now… Read more.

Everyone is Rushing to Legalize Weed, Yet Amsterdam Can’t Get Rid of It Fast Enough?

February 20, 2023 · Cannabis.net

Amsterdam Bans Weed Smoking in the Red Light District Amsterdam's red light district has been a haven for tourists seeking liberation from the rules and regulations of their mundane lives. However, the residents of this vibrant district are keen to tone down the wild atmosphere. The city council recently announced that cannabis use would be prohibited on the streets of the red light district, citing the disruptive and dreary ambiance that often lingers in the area during the night. This new regulation… Read more.

Leaked Files Show How a Putin Ally Bankrolled the US Weed Industry

February 18, 2023 · Vice

Records show Russian oligarch and former Chelsea FC owner Roman Abramovich invested hundreds of millions of dollars in the US cannabis industry. One of the biggest backers of the legal US cannabis industry was Russian oligarch Roman Abramovich, leaked documents have revealed. Records show Abramovich invested $130 million and provided $194 million in loans to US weed firms between 2016 and 2018, when US states were increasingly shifting from illegal to legal markets. Abramovich was the owner of Chelsea Football… Read more.

Australia Cannabis Legalization Could Generate A$28 Billion In Tax Revenue In First Decade

February 18, 2023 · ICBC

A new government report is out in Australia involving projections of potential tax revenue if/when national adult-use cannabis legalization becomes a reality in the country. Adult-use is currently illegal in most areas of Australia, with a notable exception being the Australian Capital Territory where some legal protections for consumers exist. Cannabis commerce, including medical cannabis commerce, is very restrictive in Australia. Most of the country’s medical cannabis industry activity currently revolves around pharmaceutical products and research. Australia ‘s Parliamentary Budget… Read more.

Twitter allows cannabis ads in states where it’s legal

February 15, 2023 · Join TechCrunch+

Twitter is allowing cannabis ads to run on its platform in U.S. states where cannabis is legal and in Canada, according to the company’s blog and Axios. Twitter updated its ad policy Wednesday, making it the first social media app in the U.S. to allow cannabis advertising. Google last month updated its policies to allow ads for FDA-approved pharmaceuticals containing CBD and topical, hemp-derived CBD products with THC content of 0.3% or less in California, Colorado and Puerto Rico. Reddit allows for ads for “topical and non-ingestible hemp-derived… Read more.

Delta 9 Completes First Export of Cannabis to Australia, Receives Seven Additional Export Permits

February 13, 2023 · Benzinga

WINNIPEG, Manitoba, Feb. 13, 2023 (GLOBE NEWSWIRE) -- DELTA 9 CANNABIS INC.  DNDLTNF ("Delta 9" or the "Company") is pleased to announce that it has completed its first shipment of bulk dried cannabis flower to a customer in Australia, marking the Company's first export of dried cannabis flower material to an international market. The Company has also received seven additional export permits from Health Canada and intends to complete multiple shipments of dried cannabis flower and cannabis extracts to the Australian… Read more.

Psychedelic mushroom producer First Person sets terms for $6M US IPO

February 10, 2023 · Seeking Alpha

Psychedelic mushroom producer First Person (FP) has set terms for a downsized $6M initial public offering. First Person, which raises mushrooms for nutritional, nutraceutical and therapeutic purposes, said in a filing that it's planning to offer 1M shares priced between $5.50 and $6.50, which should raise around $6M if priced at the midpoint. Underwriters would be granted a 45-day option to buy up to a 150K additional shares to cover over-allotments. EF Hutton is serving as sole bookrunner. The company hopes to list… Read more.

Australia Legalizes Psilocybin and MDMA for Medical Purposes

February 7, 2023 · Ganjapreneur

Australia’s Therapeutic Goods Administration (TGA) announced last week it was making the psychedelic substances psilocybin and MDMA legal for medicinal purposes starting July 1, 2023. Psilocybin and MDMA were each approved for medical use by the TGA “in combination with psychotherapy for treatment-resistant mental illness in medically controlled environments in certain circumstances,” the agency said in its announcement. The surprise move marked the world’s first federal action to legalize medicinal psychedelics and follows months of public input — currently, the drugs are considered “prohibited… Read more.

Uruguay Ships 1,000+ Pounds Of Cannabis To The U.S.: Country’s Ambassador Weighs In

February 6, 2023 · Forbes

Uruguay, the first country in the world to legalize cannabis for adult use, is now exporting low-THC cannabis, or hemp, to the United States. According to information procured exclusively ahead of an official announcement, CEND, a global provider of customized technological infrastructure and certification platforms for the cannabis industry and other regulated industries, has completed its inaugural large-scale shipment of low-THC legal cannabis (or hemp) from Uruguay to the United States. While smaller exports had been completed before, the market… Read more.

Australia Legalizes Psilocybin And MDMA Prescriptions As U.S. Patients Seek Similar Authorization

February 6, 2023 · marijuanamoment.net

The Australian government has rescheduled the psychedelics psilocybin and MDMA to provide access to people with post-traumatic stress disorder (PTSD) and treat-resistant depression. The substances aren’t being legalized for broad use, but by placing them in Schedule 8 for therapeutic use under the country’s drug code, psychiatrists who meet the required standards will be able to prescribe the psychedelics. The drugs will remain in the stricter Schedule 9 for unauthorized use. “The decision acknowledges the current lack of options for… Read more.

A Few Hundred People in One Swiss City Will Get to Try Recreational Marijuana as Part of a Big Social Experiement

February 3, 2023 · Cannabis.net

In Switzerland's bustling metropolis, Basel, a rare opportunity has arisen. The city has just launched its pilot cannabis project, granting exclusive access to a privileged few. A select group of several hundred individuals will now be able to indulge in recreational marijuana, easily procured at local pharmacies. Swiss authorities gave the green light for a daring experiment last year - a pilot project exploring uncharted territories. The Federal Office of Public Health eagerly embraced this endeavor, hoping to gain valuable insights into… Read more.

Greece Opens Europe’s Largest Medical Cannabis Cultivation Facility

February 2, 2023 · Born2Invest

The medical cannabis facility is expected to gradually reach full capacity soon to supply a wide range of cannabis products. Since June 2018, when the legal framework for licensing plants for cultivation and production of finished medicinal cannabis products came into effect, the General Secretariat of Industry of the Ministry of Development and Investment has licensed 134 cannabis crops for medical purposes across Greece. The investment by Tikun Europe, a subsidiary of Israel-based Tikun Olam, was welcomed by Greek Minister… Read more.

Argentina Launches New Agency To Boost Cannabis Industry

January 28, 2023 · High Times

Argentina officially launched a new government agency on Wednesday as part of an effort to bolster the country’s medical marijuana and hemp industry.  Reuters reports that the agency, known as the Regulatory Agency for the Hemp and Medicinal Cannabis Industry, or ARICCAME, represents “the first working group of a new national agency to regularize and promote the country’s nascent cannabis industry, which ministers hope will create new jobs and exports generating fresh income for the South American nation.”  “This opens the… Read more.

The Man Who Played The DEA, El Chapo’s Sinaloa Cartel & US Government On Trial In Brooklyn

January 28, 2023 · Benzinga

Former cartel bosses, drug traffickers and police officers took the stand this week in the trial of Genaro García Luna, Mexico’s former federal security minister and architect of the country’s war on drugs, which he carried out while publicly working with the DEA and secretly working with the world most powerful drug cartel capo, Joaquín “El Chapo" Guzmán.  No, this is not a script for the fourth season of Netflix’s 'El Chapo' series though it would make an intriguing Mexican telenovela as the most trusted… Read more.

Mexican Senator To File Psychedelics Legalization Bill, With U.S. Congressman Backing International Reform Push

January 27, 2023 · marijuanamoment.net

A Mexican senator announced on Wednesday that she will be introducing a bill to legalize and regulate psychedelics nationwide to give people an alternative treatment option for serious mental health conditions. At an Intercultural Forum on Entheogenic Medicine that took place in the Senate, Sen. Alejandra Lagunes of the Ecologist Green Party said that substances like psilocybin and ayahuasca have “high therapeutic potential, low toxicity and don’t create physical dependence or abuse.” U.S. Rep. Earl Blumenauer (D-OR) also made remarks… Read more.

Canada’s crackdown on some cannabis extracts could cost industry millions

January 27, 2023 · MJ Biz Daily

Health Canada has begun asking some federally licensed marijuana companies to stop selling certain ingestible cannabis products the regulatory agency says are incorrectly classified and labeled as “extracts” rather than “edibles,” MJBizDaily has learned. The move could cost cannabis businesses millions of dollars, Canadian industry sources say, because the products in question – including some lozenges and chewable extracts – are increasingly popular among consumers. Executives are puzzled over Health Canada’s timing, especially since some of the products in question have been… Read more.

Where you can get high-quality cannabis in Pattaya

January 26, 2023 · Thaiger

Recently, Pattaya has become a popular destination for cannabis enthusiasts. With its relaxed laws, Pattaya has become a hub for cannabis tourism, offering an array of cannabis-related activities, products, and services. Whether you’re looking to relax with a puff of a joint, enjoy an edible, or explore the science behind cannabis, Pattaya has something for everyone. So, if you’re ready to explore and experience the cannabis culture of Pattaya, read on! Cannabalize PHOTO: Cannabalize Cannabalize is a premier cannabis store dedicated to… Read more.

MP says cannabis helps reduce Yaba addicts in Bangkok

January 26, 2023 · Thaiger

Bhumjaithai Party MP Suphachai Jaismut believes the legalising of cannabis has led to a decrease in the use of methamphetamine (also known as Yaba) in Bangkok. Suphachai posted on Facebook yesterday that, “Ganja comes, Yaba goes away.” The Bhumjaithai Party MP admitted that he never expected legalising cannabis would decrease the use of methamphetamine. He initially focused on its potential medical benefits and didn’t consider this possible outcome. However, he stated that he had come to believe in the connection between cannabis legalisation and decreased Yaba use based… Read more.

Quebec is the Most Conservative Canadian Province, So Why Do Over 80% of the Residents Get Their Weed on the Black Market?

January 24, 2023 · Cannabis.net

Cannabis in Quebec has been legal since 2018, yet statistics still show that 82% of cannabis users in the state are getting their products from the black market. This has reduced the effectiveness of the regulated cannabis market in the region and led to a loss of revenue. This has made us inquire into the reason why users are preferring the black market over cannabis stores. This article will feature responses from cannabis users within the region. We will also analyze… Read more.

Massive Los Angeles to London Cannabis Smuggling Ring Busted by Checked Baggage Security

January 23, 2023 · Cannabis.net

As a result of recent arrests, travellers departing from Los Angeles and heading to London's Heathrow Airport may experience heightened security measures. Nine individuals were apprehended on suspicion of attempting to smuggle cannabis, a substance legal in California but illegal in the UK, where it commands a higher price among UK drug traffickers. Between January 10th and 17th, over 400 kilograms of the drug were seized from passengers at Heathrow Airport. As investigations continue, authorities will closely monitor the LA to… Read more.

Botanical Specialist Linnea Scores Narcotics License To Produce, Export High THC

January 17, 2023 · Bezinga

Swissmedic, the surveillance authority for medicines and medical devices, granted Linnea SA a narcotics license at the end of 2022. This allows the company to help bring a pharmaceutical level of quality to this emerging cannabinoid industry, which is projected to grow from $28.26 billion in 2021 to $197.74 billion in 2028. Linnea will begin producing GMP-certified high-THC active pharmaceutical ingredients (APIs) in 2023, becoming one of the first Swiss companies to do so, per a press release. A narcotics license also allows Linnea to export their standardized and… Read more.

UK Pharma Co. Becomes First Ever Permitted By Gov To Produce High-THC Medicinal Cannabis

January 17, 2023 · Markets Insider

UK-based Celadon Pharmaceuticals PLC received the green light to produce high-THC medicinal cannabis in its Midlands facility, reported London South East. What Happened: This is the first company in the United Kingdom to be granted a Good Manufacturing Practice or GMP registration by the Medicines and Healthcare products Regulatory Agency to produce medical marijuana on UK soil. The move follows seven harvests and extractions in 2022 and the facility's inspection by MHRA in the fourth quarter. Why It Matters Founded in 2018, the same year the UK legalized medical marijuana, Celadon… Read more.

How Is Colombia Selling and Shipping Thousands of Pounds of Weed to the US and Europe, Already? – Resolution 539

January 8, 2023 · Cannabis.net

Think cannabis prices have found a bottom in the US and Canada? Think again as low-cost providers like Colombia have started shipping cannabis and cannabis products around the world at much lower costs than the US and Canada can compete with the current tax structures in place. Flora (NASDAQ: FLGC) is an international cannabis corporation that sources cannabis derivatives from all-natural, low-cost production. Flora is establishing a networked, design-driven collective of plant-based wellness and lifestyle products to deliver the most compelling customer experiences possible,… Read more.

Colombia Leans Further Into Cannabis

January 5, 2023 · Green Market Report

Country seeks to shed its cocaine image for cannabis. The country of Colombia may have a reputation as the home for cocaine cartels, but it is leaning further into cannabis these days. According to government claims, the country has received $250 million in international funding in support of the cannabis sector. Companies began eyeing the country after it legalized medical cannabis in 2016. Insurance Coverage In October 2022, Colombian lawmakers approved a bill to legalize and regulate marijuana nationwide. It was approved by the… Read more.

Is the US Cannabis Industry Just a Front for the Russian Mob?

January 2, 2023 · Cannabis.net

Roman Abramovich, a Russian billionaire and former owner of the English Premier League's Chelsea Football Club, has been discreetly investing in cannabis enterprises for years. According to Forensic News, the news outlet that obtained the secret documents, Roman Abramovich has contributed to funding the two largest shareholders of Curaleaf Holdings. The Russian businessman is also said to have close relations with Vladimir Putin, the Russian president. Curaleaf, the alleged cannabis company Roman Abramovich has been secretly investing in, is a renowned recreational… Read more.

Italian Army Corners Cannabis Production Market: Grows Top-Grade Weed With Secret Nutrients

January 1, 2023 · Benzinga

ep, it’s true. Italy’s Army is in charge of growing and producing top-grade medical marijuana and is using secret nutrients to cultivate cannabis for those suffering from illnesses like cancer or Parkinson’s disease. This year, the Army plans to produce at least 1,500 pounds of weed to cover nearly half the amount required annually to meet the country’s medical marijuana needs.   “The next step is self-sufficiency — that’s our ambition,” said Nicola Latorre, who leads the Italian Defense Industries Agency, which… Read more.

Russian Billionaire Formerly Close To Putin Secretly Poured Money Into US Cannabis, Leaked Documents Show

December 27, 2022 · Benzinga

Russian billionaire and a former owner of the Chelsea Football Club, which plays in the English Premier League, Roman Abramovich, has been secretly investing in cannabis companies for years. According to leaked documents, sourced and shared by Forensic News, a Russian oligarch known for his close ties to Russian leader Vladimir Putin has helped fund the two biggest shareholders of multi-state cannabis operator Curaleaf Holdings  CURLF. With a market cap of around $3.08 billion, the Wakefield, Massachusetts-headquartered company is considered one of the largest marijuana businesses in the… Read more.

‘Drug-free world’ no more! Historic resolution at the UN spells end of consensus on drugs

December 22, 2022 · IDPC

For decades, debates and political commitments on drug policy at the United Nations have been plagued by the goal of 'achieving a society free of drugs' (or 'drug abuse'). Who could forget the slogan of the big UN drugs event in 1998 - “A Drug-Free World, we can do it!”?. This fantastical notion has underpinned unimaginable harm as governments all over the world have strived to eradicate drugs through draconian measures. Despite these efforts, the global market in illegal drugs… Read more.

Even England’s police want to decriminalise hard drugs. Why won’t our posturing politicians listen

December 20, 2022 · The Guardian

The best social reform starts on the frontline. The news that the National Police Chiefs’ Council has decided to effectively decriminalise cannabis and cocaine in England is, for drugs reformers, sensational. It intends to extend nationwide the warning and treatment schemes that have already been piloted in Durham and Thames Valley. Instead of prosecuting users of hard drugs such as heroin, cocaine and ecstasy, officers will recommend addiction services (dealers, and those who refuse to cooperate, will still be prosecuted). So far,… Read more.

Brittney Griner’s 10-Month Nightmare Is Over, Released from Russia

December 10, 2022 · Celeb Stoner

The U.S. has negotiated a prisoner swap that released WNBA star Brittney Griner from a Russian penal colony today. Griner was arrested there in February for possessing cannabis, convicted in August and sent to the colony in October.  In a deal made on Dec. 1, international arms dealer Viktor Bout, jailed in the U.S. on a 25-year sentence for attempting to kill Americans, was traded for Griner. She flew to Abu Dhabi in the UAE and is en route back to the States after Pres. Biden… Read more.

Where you can get cannabis in Bangkok

December 9, 2022 · The Thaiger

Following the decriminalization of cannabis in Thailand, people in Bangkok have wasted no time in setting up places where you can buy it. Whether you’re looking for a dispensary, a cafe, a street vendor, or a delivery service, Bangkok is full of great places to buy cannabis. But with so many options, it can be hard to decide which one offers the best quality weed at the best prices. So, to help you with your search, here are some of the… Read more.

Thailand teaches Indonesia how to legalise cannabis

December 7, 2022 · The Thaiger

Government officials from Indonesia – a country famous for having some of the strictest drug laws in the world – flew to Thailand to learn about the kingdom’s liberal medical cannabis policies this morning. News that old-fashioned Indonesia is considering legalising medical cannabis comes as quite a shock given that lawmakers in the country approved a Draconian law that bans premarital sex yesterday. Indonesian members of parliament visited the Ministry of Public Health to listen to the Director of the Medical Cannabis Institute, Kitti Losuwanarak, talk about the process of legalising cannabis in… Read more.

Rats blamed for eating 500 kilograms of cannabis stored by Indian police

November 25, 2022 · CNN

New DelhiCNN —  Rats in northern India have been accused of eating hundreds of kilograms of cannabis seized from drug dealers and stored in police warehouses. “Rats are small animals, and they aren’t scared of the police,” noted a court in the city of Mathura, Uttar Pradesh, after hearing that local police were unable to furnish almost 200 kilograms of confiscated cannabis that was supposed to be used as evidence in a recent case. Court documents said the police had been… Read more.

Thai government’s fast-track cannabis strategy is good for hemp

November 21, 2022 · Hemp Today Net

Thailand has dropped some restrictions on imports of cannabis cultivation seeds, and established limits for THC and CBD in foods as the country continues rapid development of a legal and regulatory framework for cannabis. While more restrictive regarding marijuana, the changes reflect the government’s strategy to open the market for virtually all products derived from industrial hemp. The Thai Department of Agriculture said “cannabis and hemp seeds” can now be imported as long as the importers obtain permits from the… Read more.

Hemp solar house highlights vernacular building potential in Morocco

November 19, 2022 · Green Phophet

A team from a Moroccan cooperative and international experts from the Solar Decathlon have highlighted the beauty of vernacular architecture and building in Morocco by creating a hemp house outfitted with solar panels. The hemp and solar panelled house called Sunimplant, is an off-grid house made as a sustainable, relatable demo home for Moroccan people.  Student creators built it as part of Solar Decathlon organized in part by the IRESEN Institute for Research in Solar Energy and New Energies in Morocco,  Mohammed VI Polytechnic… Read more.

Early Draft of German Cannabis Legalization Plan Leaked

October 20, 2022 · High Times

According to Politico, details of Germany’s current cannabis legalization plan were leaked on October 19 by the RND (RedaktionsNetzwerk Deutschland) newspaper group. The draft currently includes a plan to decriminalize sales and possession of cannabis, as well as allowing cannabis to be sold in licensed shops and pharmacies. This approach to reform has been pending since German officials announced their intentions to approach reform back in June, led by Health Minister Karl Lauterbach. According to the current draft, sales of up to 20 grams would… Read more.

Czech Cabinet Considers Draft Plan to Allow Regulated Cannabis Sales

October 20, 2022 · Ganjapreneur

Yesterday, members of the Czech cabinet heard a draft plan on launching a regulated cannabis market and increasing drug addiction and treatment spending, ČTK reports. National anti-drug coordinator Jindřich Vobořil told ČTK that a regulated cannabis market could be worth billions of crowns worth of tax-related revenues to the national budget.  The plan is part of a strategy to address drug addiction in the country by 2027. It was laid out by then Prime Minister Andrej Babiš but his anti-drug minister had not issued… Read more.

Cannabis Bill addresses all concerns raised by Democrat and Pheu Thai parties

October 20, 2022 · Thai PBS World

The Cannabis Bill, which has been reviewed by the House Scrutiny Committee, addresses all the concerns raised by both the Democrat and Pheu Thai parties, said Suphachai Jaismut, head of the committee and a party-list MP for the Bhumjaithai Party. He said that the committee had thoroughly reviewed the controversial Bill and addressed concerns over the ease of access to cannabis for recreational purposes by youth. He claimed that the committee had taken some provisions from the Liquor, Cigarettes and… Read more.

Costa Rica Moves Closer to Legalizing Weed

October 20, 2022 · Vice

Costa Rica just took its biggest step yet toward legalizing weed. President Rodrigo Chaves signed a proposed law this week that could legalize recreational marijuana in the Central American nation. The legalization bill was sent on Wednesday to the country’s legislative assembly where lawmakers will analyze it, along with results of similar laws in other countries, before eventually voting on passing the regulation.  It is unclear how long this process will take, but presidential support means that it has the institutional backing… Read more.

78-YEAR-OLD MAN IN CYPRUS ARRESTED FOR CANNABIS POSSESSION, INTENT TO SUPPLY

October 20, 2022 · The Blacklist

A 78-year-old man in Larnaca, Cyprus was arrested for cannabis possession after someone narced on him for growing two pot plants in his backyard. Upon receiving the tip, members of the Cyprus Police’s anti-narcotics service obtained a search warrant for the property on the east coast of the country. The subsequent property search at about 4:45 p.m. on Oct. 11 revealed two plastic bags of cannabis leaves and branches weighing 1.5 kilograms and 100 grams of hemp in the man’s… Read more.

Where to order cannabis/weed in Thailand

October 19, 2022 · The Thaiger

On the PlookGanja website, which is controlled by the FDA, the number of individuals who have registered to produce cannabis in Thailand has now reached 1,090,000 registered growers. Since the 9th of June, more than 330 cannabis dispensaries and cafés have opened throughout the country of Thailand. You may obtain cannabis either by placing an order for it online or by going to a dispensary in your area. Who can purchase Cannabis in Thailand? At the moment, anyone can purchase cannabis… Read more.

Is CBD Legal in Sweden? CBDSverige Sits Down with Cannabis.net to Talk CBD in Sweden

October 18, 2022 · Cannabis.net

What is the CBD scene like in Sweden and where is the best CBD oil in the country? Cannabis.net sat down with Cbdsverige.com to find out whe the CBD scene is like in Sweden. Is it legal? Is cannabis going to be legalized soon? Let's find out what he Swedes are doing to get ready for the hemp and cannabis Green Rush! What is the CBD/cannabis scene like in Sweden? I can only speak for the CBD scene in Sweden, and… Read more.

‘Weed Pass’ Tourist Ban Proposed for Amsterdam Coffeeshops

October 18, 2022 · Celebstoner

The Netherlands has long been known as a liberal bastion where marijuana and prostitution are tolerated and tourists travel to experience those freedoms. But conservative Dutch legislators and officials have slowly but surely retreated from thoses popular policies. In 2012, the country adopted what is known as the "weed pass," which is restricted to Dutch citizens. You need a weed pass to enter a coffeeshop where cannabis is legally sold. This policy was established primarily in the southern provinces on… Read more.

Australia Sees Huge Rise In People Accessing Legal Medical Cannabis

October 13, 2022 · Vice

The 2018 CAMS survey found 2.5 percent of respondents had accessed a legal prescription. In 2022, it's 37% – but price remains an issue. A new survey has shown a dramatic increase in the percentage of Australians accessing prescription cannabis for medicinal use.  The Cannabis as Medicine Survey (CAMS20) is now in its third iteration, following CAMS16 (2016) and CAMS18 (2018). Conducted by the University of Sydney's Lambert Initiative, the survey included 1,600 people who were using medical cannabis between… Read more.

UK Prime Minister’s Office: ‘No Plans’ to Reclassify Cannabis from Class B to Class A Drug

October 13, 2022 · Ganjapreneur

The United Kingdom prime minister’s office is distancing itself from a proposal from Conservatives that would reclassify cannabis from a Class B to Class A drug in the country, with a Downing Street spokesperson telling The Guardian that there are “no plans” to make the change.    The plan was pitched last week by Conservative police commissioners in the U.K. It would have put cannabis in the same category as heroin and cocaine and meant harsher penalties for possession and potential life sentences in prison for… Read more.