Issue 225

26.11.2021

Europe
USA
Latam & Caribbean
APAC
Africa & Middle East

HIGHLIGHTS 

WHAT TO EXPECT FROM GERMANY’S ADULT-USE CANNABIS MARKET

Back in 2015 the German Green Party published its Cannabis Control Act (CCA). Although it made no progress in the Bundestag at the time, it is now emerging as the blueprint for the creation of Europe’s first adult-use cannabis market – and only the third in the world following Uruguay in 2013 and Canada in 2018.

The coalition have been locked in talks for almost two months now and on Wednesday announced their policy agenda, it was light on details but in relation to cannabis read as follows;

“We’re introducing the controlled distribution of cannabis to adults for consumption in licensed stores. This will control the quality, prevent the transfer of contaminated substances and guarantee the protection of minors. We will evaluate the law after four years for social impact.”

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FIRST PATIENT IN IRELAND RECEIVES PRESCRIPTION THROUGH MEDICAL CANNABIS ACCESS PROGRAMME

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SWISS PHARMACIES AND SOCIAL CLUBS PREPARE FOR ADULT-USE CANNABIS MARKET IN 2022

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Europe

  • Luxembourg backtracks on cannabis legalisation, allowing solely the home cultivation of cannabis and no sales.
  • Report states adult-use cannabis sales in Ireland could bring approximately €561 million in taxes each year.
  • Stenocare completes Danish cultivation facility in order to produce its own seed-to-sale medical cannabis products.
  • New ‘traffic light’ coalition in Germany has officially confirmed that adult-use cannabis legalisation is part of their agenda.
  • France accepts 1,000th medical cannabis patient in its cannabis trials, after relaxing its conditions for inclusion.
  • UK company 4C Labs is granted the first cannabis cultivation licence for Guernsey. 

USA

  • Arizona and Vermont Attorneys General highlight the need for cooperative federalism on cannabis banking reform.
  • The USDA grants US$10 million to the Central State University of Ohio to study the effects of hemp feed for seafood.
  • The University of Houston releases a poll finding the majority of Texas Republicans support cannabis legalisation.
  • Flow Cannabis Co. states it will not comply with new planned Californian tax increases for cannabis cultivators.
  • The NIHC announces plans to create industry standards for CBD product testing and labelling.
  • Planet 13 reports US$33 million in revenue in its third quarter, a 45% increase from the same period last year.
  • Gage sets its sights on further growth after securing a US$55 million bank loan to fund Michigan expansion.
  • Alabama will be accepting public comments on its proposed rules for how doctors can recommend cannabis.
  • Poseidon to provide individual investors with access to US cannabis companies barred from the Nasdaq and NYSE.

UPCOMING EVENT

BUSINESS OF CANNABIS: NEW YORK SESSIONS

Following the success of September’s Business of Cannabis: New York event, there will now be a series of ongoing Business of Cannabis: New York sessions.

Secure your tickets and join us at The Williamsburg Hotel on 9 December at 7pm to discuss the ongoing social, regulatory and business opportunities in New York’s emerging cannabis industry.

SECURE YOUR TICKET »

CANADA

EXCLUSIVE

HELP SHAPE THE FUTURE OF CANNABIS IN EUROPE

What isn’t being talked about enough in the European cannabis industry? Now’s your chance to push the conversation forward by submitting to the panel topics you think we should be exploring at the next Cannabis Europa conference.

Anyone can submit their panel or presentation idea, and you can submit as many ideas as you like. Submissions will close on 28 February at 23:59 GMT. Shortly after submissions close, the public will be able to vote on their favourite panel or presentation idea.

FIND OUT MORE »

LATAM & CARIBBEAN

APAC

EXCLUSIVE

AFRICA & MIDDLE EAST

Read the stories that shape the cannabis industry