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International Cannabis Weekly: 233

February 4, 2022

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HIGHLIGHTS

GLOBAL CANNABIS MARKETS WEBINAR – TUESDAY 8 FEBRUARY

Join us for an exploration of the emerging global cannabis markets. With local experts, we will discuss the driving forces behind one of the fastest growing industries in the world; from legislative reform, to investors and operators in the field. The panelists will paint a picture of the current market, its challenges, opportunities, and where it is heading in 2022 and beyond.

This webinar is made possible with the support of The Global Cannabis Report: Second Edition sponsors; Always Pure Organics, Cantourage, Linnea SA, White Lion Holdings, CBDepot, and Village Farms. Panelists include two experts from the report’s sponsors, Always Pure Organics and Cantourage, as well as representatives from Prohibition Partners and Business of Cannabis.

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EXPERT INTERVIEW: DR FLORIAN HOLZAPFEL, FOUNDER, CANTOURAGE

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CANNABIS HAS CONTRIBUTED C$43.5 BILLION IN GDP SINCE LEGALISATION IN CANADA

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Europe

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USA

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UPCOMING EVENT

AGENDA FOR BUSINESS OF CANNABIS MIAMI ANNOUNCED

There’s just over two months to go until the Business of Cannabis: Miami conference, and you can now access the agenda. The day-long programme will provide unrivalled insight into the future of cannabis retail in North America.

The agenda for Business of Cannabis: Miami covers everything from profiling modern cannabis consumers and in-store dispensary design, to the future of cannabis eCommerce and leveraging the metaverse.

SEE THE AGENDA »

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CANADA
  • Hexo is threatened with removal from the NASDAQ if its share price doesn’t rise above C$1.
  • TobaGrown launches Canada’s first not-for-profit legal cannabis products, with profits going to local charities.
  • Delta 9 Cannabis announces that it has opened up a new credit facility worth C$32 million.
  • ATB Capital Markets predicts that Canadian adult-use cannabis sales will reach C$4.2 billion in 2022.
  • Mendo reaches an agreement with CannMart to transition its medical cannabis patients.
  • After a 26% downturn in Q4, Canadian cannabis stocks tumbled a further 9.5% in January.
  • Green Mountain Health Alliance has received its licence for medical cannabis sales from Health Canada.

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LATAM & CARIBBEAN
  • Despite the impending ban in Costa Rica on home-grown cannabis, provision for industrial hemp will remain.
  • President Alvarado supports medical cannabis but has vetoed legalisation, citing health and safety concerns.
  • Khiron, a vertically integrated cannabis leader, opens its 4th medical cannabis clinic in Colombia.
  • Alternative health provider Panacea Life Sciences announces the launch of its CBD and CBG products in Brazil.
  • The Institute for the Regulation and Control of Cannabis reports a price increase for cannabis sold in pharmacies.
  • In Chile, the Public Security Commission approves self-cultivation of cannabis for medical purposes.

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APAC
  • MGC Pharmaceuticals records its strongest quarterly figures, influenced by sales of its product to treat COVID-19.
  • Public Health Minister Anutin Charnvirakul states he would like cannabis growers to register via an app.
  • Perth-based medical cannabis firm Creso Pharma announces cannabis launch into The Sandbox metaverse.
  • Tilray announces that it’s launching an online medical cannabis learning platform.
  • New Zealand’s MedCan summit 2022 has moved to a virtual format with the country on high Covid alert.
  • Legalise Cannabis NSW is calling for candidates to contest seats in next year’s state election.
  • Avecho Biotechnology enters into a licesning and supply agreement with Team SAAS to use its TPM formulation.

 

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AFRICA & MIDDLE EAST
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