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International Cannabis Weekly: 220

October 22, 2021

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SWITZERLAND IS SET TO LEGALISE MEDICAL AND ADULT-USE CANNABIS

Switzerland has announced its plans to legalise adult-use and medical cannabis, after a parliamentary commission ruled the drug should be taken off its banned substances list.

The Social Security and Health Commission of the Council of States (SGK-S) said cannabis should be regulated in Switzerland in order to control the cannabis market better, and to eliminate the black market for cannabis in the country.

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US SENATOR RELEASES TEXT FOR BILL TO LEGALISE ADULT-USE CANNABIS IN WASHINGTON D.C.

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PAKISTANI MINISTER SAYS HE WILL PRESENT A CANNABIS CULTIVATION BILL BY DECEMBER 2021

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Europe
  • North Macedonia seeks foreign investment in its cannabis industry, to boost economy by €250 million.
  • The NHS’s medical cannabis programme remains inaccessible for most patients, with three prescriptions in three years.
  • An early study on cannabigerol indicates effectiveness on anxiety, chronic pain, depression and insomnia.
  • Poland’s hemp farming subsidies decrease 36% due to high THC levels in the predominantly grown hemp variety.
  • Demecan begins cannabis cultivation in Germany for medical purposes with deliveries expected for January 2022.
  • An increase in medical cannabis and CBD company listings on the stock exchange signals stability in the industry.
  • Adults in Luxembourg will soon be allowed to grow up to four cannabis plants after it legalises production and consumption.
  • The UK’s CIC discuss initiatives that include reviewing THC-limits in hemp foods, eligibility campaigns and more.
  • Cannabis telemedicine company Algea closes US$10 million financing round, to grow further in the digital health space.
  • Thought Leaders acquires Mellow for US$13.2 million, accessing the Asian and European markets.
  • Alternative plastics company to import hemp plastic into Europe from Colorado-based The Hemp Plastic Company.
  • Xebra enters the European market with the construction of its cannabis facility in the Netherlands.
  • Paris’s first Salon du CBD opens its doors, though the government plans a ban on CBD flowers for smoking.

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Micellae

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USA

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CANADA

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UPCOMING EVENT

JOIN GLOBAL LEADERS AND SHAPE THE FUTURE OF CANNABIS IN EUROPE AT CANNABIS EUROPA LONDON

Three weeks to go until Cannabis Europa London at the iconic Banking Hall – VIP Tickets have now completely SOLD OUT.

Secure your Advance Conference Ticket before Wednesday 27 October, when Final Release tickets go on sale and prices increase. Join us on 10-11 November alongside a host of the European cannabis industry’s key decision makers and investors. Let’s push things forward.

BUY TICKETS »

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LATAM & CARIBBEAN

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APAC

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AFRICA & MIDDLE EAST
  • Gauteng’s government continues developing the region’s cannabis industry, calling for serious investment.
  • Israeli parliament to pass cannabis legislation giving 100,000 patients easier access to medical cannabis.
  • Israel’s medical cannabis patient registrations see a decrease for the first time in one and a half years.
  • The chairman of the National Tax Committee voices disdain of South Africa’s reluctance to legalise cannabis.
  • Uganda exports medical cannabis to Germany, its fourth ever international cannabis export since legalisation.
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