Issue 205

09.07.2021

Europe
USA
Latam & Caribbean
APAC
Africa & Middle East

HIGHLIGHTS 

EUROPEAN UNION TO REVIEW MINOR CANNABINOIDS AND CANNABIS FLOWERS IN COSMETICS

This week, the European Union has released a ‘non-paper’ covering its position on cannabis in its different forms and components. The non-paper – an EU term for an unofficial document put forward to test the reaction of other parties to possible procedural or policy changes – was presented to the Horizontal Working Party on Drugs in June.

The following report – covering everything from the current recreational and medical use of cannabis to its agricultural, cosmetic and food uses as well as health and nutritional claims – highlights the impact recent judgements could have on EU policy.

FIND OUT MORE »

 


 

SHA’CARRI RICHARDSON’S DOPING BAN COULD LEAD TO WADA RE-EVALUATIONS ON CANNABIS

READ MORE »

 

URUGUAY ON THE CUSP OF LEGALISING AND COMMERCIALISING CBD EDIBLES

READ MORE »

Europe

  • Spanish court upholds European Union legislation allowing CBD products to be sold across Europe.
  • Regional commission allows processing and production of hemp to develop Sardinian local supply chain.
  • Patients in Germany will now be able to access medical cannabis that has been cultivated within the country.
  • Cannabis company CiiTECH to join standard board of the LSE after it raises £2.1 million in capital.
  • Portuguese hemp farmers lose out on permits and this year’s crops, as governing official has left her post.
  • Malta may see more progressive cannabis legislation after the new Maltese Minister for Innovation is appointed.

EVENT

CANNABIS EUROPA LONDON: LET’S PUSH THINGS FORWARD

Regulations controlling the production and distribution of cannabis products continue to signal the progressive end of failed prohibition. Momentum is building, but we need to pick up the pace. Join us in London on 10-11 November for the first live Cannabis Europa event of the year. Let’s Push Things Forward.

BUY EARLY BIRD TICKETS »

USA

  • Missouri peaks with US$70 million in sales since launching its cannabis industry last October.
  • Nevada’s Athletic Commission is the most recent to lift the ban on cannabis use for boxing and mixed-martial arts athletes.
  • Clever Leaves donates historical US$25 million in cannabis products to advance research into the benefits of cannabis.
  • Apple is first to open app store opportunities to cannabis businesses after new policy updates.
  • National Industrial Hemp Council projects that hemp seed sales will dominate the market by 2030.
  • Harborside successfully completes Sublime acquisition for US$43.8 million.
  • NIHC estimates US exports of hemp and hemp-derived products more than doubled to US$1.8 billion in 2020.
  • Colorado introduces stricter testing regulations for foods, dietary supplements, and cosmetics containing hemp.
  • Planet 13 opens a cannabis dispensary theme park, signalling modernisation of cannabis tourism and consumption.
  • Trulieve completes a US$60 million acquisition of Pennsylvanian dispensaries, adding another 91 to its portfolio.
  • CeresMED merger with Canadian-based company SLANG brings fears for Vermont locals over market push out.

CANADA

EVENT

SAVE UP TO 25% ON BUSINESS OF CANNABIS: NEW YORK TICKETS

Business of Cannabis: New York is an exclusive, brand new summit which will bring together the most influential voices in policy, business, law and finance on September 29 2021 in New York. 300+ industry leaders will come together for a day-long program, providing a best-in-class networking and knowledge hub for the sector. Early Bird Tickets are now on sale!

BUY EARLY BIRD TICKETS »

LATAM & CARIBBEAN

APAC

AFRICA & MIDDLE EAST

  • Continued losses for Labat, reporting R17.5 million loss directly after last year’s R4.7 million loss.
  • Tikun Olam diversifies its range with the acquisition of Gynica, offering cannabis treatments for gynaecological problems.
  • Curaleaf is first company to successfully export 1 ton of medical cannabis flower to Israel under new regulations.
  • Israel will recommence importing cannabis from overseas after a halt of one year.

Read the stories that shape the cannabis industry