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Global Cannabis News & Analysis | Business of Cannabis
News · page 26
- US & Canada
Pennsylvania Lawmakers Renew Push for Cannabis Legalisation with Bipartisan Support
Two new bipartisan bills to legalise adult-use cannabis have been introduce by lawmakers in Pennsylvania, reiginiting hopes for advocates and potentially making the state the 25th in the US to push through such legislation.
- International Regulation
Victim of Its Own Success?: German & Australian Regulators Crackdown on Booming Cannabis Telemedicine Sector
Germany’s Ministry of Health has now published a long-feared draft amendment to its Medical Cannabis Act (MedCanG), threatening a crackdown which will be a major cause for concern for hundreds of cannabis businesses, both in and outside of German borders.
- M&A Activity
Grow Group’s Avida Acquisition Marks Bold Step Forward for UK Cannabis Stalwart
Grow Group, one of the UK’s leading medical cannabis distributors now supplying over 10,000 patients internationally, announced a major strategic shift to bring control of its operations entirely in house.
- Hemp Industry
Senate Committee Passes ‘Hemp Killing’ Legislation, But Gives Hemp Businesses 1 Year Delay
Efforts to close the so-called ‘hemp loophole’ in the US, which would have banned the sale of hemp-derived products containing any detectable amount of THC, could be postponed by a year, giving operators room to adapt their operations.
- US & Canada
Delaware to Launch Recreational Cannabis Sales on 1 August
Delaware will become the 22nd US state to launch a regulated adult-use cannabis market when retail sales begin on 1 August, state officials have confirmed.
- CBD Market
French CBD Industry Under Attack From Food Regulators
THE latest move by the French authorities to undermine the country’s thriving CBD industry will be met with widespread resistance, say the industry’s leading trade bodies.
- Policy & Regulation
Will Europe Continue With ‘Harm Reduction’ Approach To Illicit Drugs After Political Shift To The Right?
THIS week marks a new beginning in the approach to illicit drugs in Europe with the launch of the European Union Drugs Agency (EUDA).
- Adult-Use
The Netherlands Votes Against Extending Pilot to Amsterdam, Malta Cannabis Clubs Grow at Pace, & the INCB Weighs in on German Progress
The Netherlands cannabis pilot comes under pressure This week, the Dutch House of Representatives voted against a proposal to place its long-awaited adult-use cannabis pilot on hold indefinitely.
- Pharmaceutical
European Cannabis Stocks Review: Akanda Announces ‘First Significant Revenue Above Initial Projections’
Akanda Akanda has enjoyed a sharp recovery in its share price this week, seeing its value return to levels not seen since October.
- CBD Market
15% Of European Consumers Have Tried CBD, But Industry Held Back By ‘High Turnover Rate’ Of Users
THE European CBD market is set to see a ‘massive influx’ of previous and new consumers to the market over the coming year, new data suggests.
- Adult-Use
Malta’s Pioneering Legal Cannabis Club Framework Announced, But Concerns Raised Licence Fees Could Push Many To Black Market
ON Friday (January 27) the Maltese Authority for the Responsible Use of Cannabis (ARUC) announced new guidelines set to determine the nature of the island nation’s adult-use cannabis market.
- Hemp Industry
A ‘Momentous Occasion’ For Hemp With Its Multiple Attributes Recognised At The United Nations
After 60-plus years of negativity and prohibition the tide has turned for hemp at the highest levels of global governance, explain Lorenza Romanese, Managing Director and Francesco Mirizzi, Senior Policy Advisor, at the European Industrial Hemp Association.
