News
Global Cannabis News & Analysis | Business of Cannabis
News · page 27
- 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.
- Policy & Regulation
New ‘Semi-Synthetic’ THC Alternative HHC Could Encourage Regulatory Crack Down On Hemp Flower
AT the end of 2022 the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) held its first ‘technical expert meeting’ on hexahydrocannabinol, better known as HHC.
- Pharmaceutical
European Cannabis Stocks Review: OCT Shares Fall As Co-Founder Divests, Cannabis Poland Secures Funding, & Akanda’s Legal Battle Continues
Oxford Cannabinoid Technologies THE pharmaceutical cannabis company has seen its shares drop around 25% this week, following weeks of the first significant growth in its share price for months.
- Policy & Regulation
European Round-Up: France’s CESE Calls For End To ‘Bitter Failure’ Of Cannabis Prohibition, Clever Leaves and Tilray Slash Portuguese Operations, & More From Czechia & Germany
FRANCE’s Economic, Social and Environmental Council (CESE) has released a ‘draft opinion’ calling for the legalisation of cannabis.
- Opinion
Czechia Could Be A ‘Step Towards Convincing The Rest Of Europe To Create A Legal Cannabis Framework’
EARLIER this week, Czechia’s national anti-drug coordinator Jindřich Vobořil, described as the ‘locomotive’ driving rapid cannabis reform in the country, announced that draft legislation on cannabis legalisation will be ready as soon as March.
- Adult-Use
Germany Looks To Placate Brussels As Its Cannabis Plans Teeter
DELAYS in submitting its proposals to the European Commission and potential hold-ups once submitted could see Germany’s adult-use cannabis plans pushed back into 2025.
- Pharmaceutical
UK’s Medical Cannabis Industry Enjoys Strong Start To 2023
LAST week a flurry of positive announcements from across the UK’s medical cannabis industry were unveiled in signs the industry is wasting no time in shaking off the stagnation of 2022.
- Pharmaceutical
European Cannabis Stocks Review: Celadon Shares Jump After Regulatory Win, IM Cannabis Closes Private Placement, & More From SEED
IM Cannabis IM Cannabis saw its stock price jump by nearly 10% this week after it announced the receipt of US$500k in funding in a private placement led by two company insiders.
- Medical
Linnea SA Receives Swiss Narcotics License Allowing For The Production And Exportation Of High THC Active Pharmaceutical Ingredients
LINNEA SA (“Linnea,” or “the Company”), a leading pharmaceutical manufacturer with over 40 years of experience, has been granted a narcotics license by Swissmedic at the end of 2022.
- Companies
Kanabo Launches 2 New High-THC Vape Formulas As It Prepares To Compete On ‘Patient Care’ In 2023
KANABO announced the launch of two new additions to its range of VapePod formulas this week, in what is expected to be the first in a flurry of announcements due in the coming months.
