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International Cannabis Weekly: 227

December 10, 2021

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SAFE BANKING ACT OMITTED FROM THE NATIONAL DEFENCE AUTHORISATION ACT

The most recent version of the congressional defence bill has had the cannabis banking reform excluded after negotiations between the House and Senate. Back in September, the SAFE Banking Act was passed by the House in its initial version within the National Defence Authorisation Act (NDAA) with language to protect banks that work with state-legal cannabis businesses. In this most recent iteration, those provisions were not included.

The bill will now go through both chambers again before potentially being sent to the president’s desk.

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MEXICO’S FIRST AUTHORISATION TO PRODUCE CANNABIS ISSUED TO CANADIAN COMPANY XEBRA

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SAN FRANCISCO SUSPENDS TAXES ON CANNABIS UNTIL THE END OF 2022 TO COMBAT ILLICIT MARKET

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Europe

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UPCOMING EVENT

CANNABIS EUROPA LONDON 2022: CALL FOR SPONSORS

Cannabis Europa sponsorship offers brands exposure to some of the most influential stakeholders in the international cannabis industry. Our previous events have been supported by some of the industry’s most well-known brands, including: MGC Pharmaceuticals, Aurora, DLA Piper and Curaleaf.

Sponsorship applications for Cannabis Europa are now OPEN, with a number of different sponsorship packages available that we can discuss with you.

BECOME A SPONSOR »

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USA

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CANADA

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POPULAR REPORTS

BOFC LIVE: UNDERSTANDING THE MEXICAN CANNABIS LANDSCAPE

BofC Live is a video and podcast production of Business of Cannabis and explores the companies, brands, people and trends driving the sector. In this episode of BofC Live, Business of Cannabis’s Jay Rosenthal talks to Jeannette VanderMare, Director for Goldcann, a Mexican-based cannabis company looking to build in the emerging Mexican market.

Next year, it’s anticipated that we could see the beginnings of the adult-use market in Mexico, making it the single largest market for adult-use cannabis by population with over 128 million inhabitants.

LISTEN NOW »

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LATAM & CARIBBEAN

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APAC

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AFRICA & MIDDLE EAST
  • New laws allow Israeli cannabis companies to export products that are currently illegal within the country.
  • African medical cannabis company Labat Africa successfully lists on the German stock exchange.
  • Israeli cannabis company Together Pharma sells 50 kg of its Ugandan medical cannabis product to Germany.
  • South Africa’s hemp and cannabis industries may have potential to alleviate poverty and create over 25,000 jobs.
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