- German cannabinoids’ sales climb to reach US$16.8 million in March.
- Is the CBD bubble about to burst?
- Leading professor says UK medicinal cannabis has reached an impasse on clinical trials.
- Swiss lawmakers to consider expanding medical cannabis access.
- British cannabis campaigners call on the government to improve patient access.
- Czech extraction facility receives approval to export full-spectrum hemp extract to Spain.
- CBDepot group announces new EU GMP compliant manufacturing site for CBD APIs.
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- Canopy Growth reaches agreement to amend its deal to purchase Acreage Holdings.
- Veterans health commission recommends furthering cannabis & psychedelics research.
- Oklahoma Supreme Court clears cannabis legalisation measure for signature gathering.
- LA city council gives initial approval to cannabis social equity programme overhaul.
- Massachusetts posts lukewarm recreational cannabis sales for first week of reopening.
- New Jersey to phase out medical cannabis sales taxes by July 2022.
- MedMen loses provisional medical cannabis business licence in Virginia.
- Ontario cannabis market surpasses 100 cannabis retail store authorisations.
- Cannabis retail sales fall slightly 0.6% in April after stockpiling in March.
- Retailers in British Columbia seek approval for cannabis delivery.
- Aurora Cannabis to close five facilities and lay off 700 workers during restructuring.
- Canopy Growth to target cannabis-infused vapes and drinks in ‘bounce back’ effort.
- Regulators issue cease trade order for Sunniva pending overdue financial statements.
- US military invests US$27 million in developing psychedelics-inspired drugs.
- New poll shows 59% of Canadians support legalising psilocybin use for the terminally ill.
- Iowa rejects psilocybin decriminalisation amendment in floor vote.
- Former Canadian health minister joins advisory board of Red Light Holland.
- MindMed files two patent applications for screening & optimising MDMA and LSD dosing.
Health insurance cannabis sales in Germany soared in Q1 2020, reaching a new record high of almost €15 million in March, more than 50% above the €9.5m of a year before.
The exceptionally good results in March 2020 may reflect some patients redeeming their prescriptions earlier to cope with the COVID-19 crisis, similar to the stockpiling seen in North American markets during March.
Read the full analysis from Prohibition Partners here.
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