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International Cannabis Weekly: 267

September 30, 2022

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LESS THAN 5 WEEKS TO GO UNTIL BUSINESS OF CANNABIS: NEW YORK

Business of Cannabis: New York comes to the New York Academy of Medicine to bring you all of the best-in-class discussions, trusted insights and exceptional networking opportunities.

Secure your seat today and join us on 3 November, where we will be joined with a bill of first-class speakers and a packed agenda that will uncover the challenges and undeniable opportunities presented by the New York and North American cannabis industry.

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GENEVA SET TO FOLLOW BASEL AND LAUNCH A PILOT PROJECT TO LEGALISE CANNABIS

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THE GERMAN FEDERAL FINANCE MINISTER ANNOUNCED LEGALISATION PLANS FOR 2023

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Europe

 

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Stocks

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United States
  • Florida regulators are cracking down on several licensed medical cannabis testing labs, citing mistrust as the reason.
  • Charlotte’s Web has signed a multi-year distribution agreement with Southern Glazer’s Wine and Spirits.
  • The deadline for requesting Alabama medical cannabis applications will end next month.
  • State data shows that medical cannabis sales in Ohio have hit US$1 billion since 2019.
  • The National Hemp Growers Co-operative is exploring hemp bioplastic opportunities after university research.
  • Medical cannabis in Mississippi brings in US$6 million in application and licensing fees before legal sales start.
  • The Arkansas Supreme Court has said that voters will vote on cannabis legalisation in November.
  • Oregon State University study has found spent hemp biomass left over from CBD can be used as lamb feed.
  • 4Front Ventures announces the launch of its premier California cannabis brand, Island Cannabis Co.
  • Greenlane announces the sale of its headquarters, generating US$9.95 million in revenue.

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Canada
  • Flora Growth has announced that it has completed its first exports of Colombian grown high-CBD dried cannabis flower.
  • Canopy Growth is exiting its cannabis retail operation in Canada, including selling 28 stores.
  • The province of Ontario made more than half a billion dollars from cannabis in the last fiscal year.
  • TerrAscend has announced that it has entered into an agreement with TRP to introduce Cookies into Pennsylvania.
  • High Tide has added two retail cannabis stores in British Columbia, bringing its total to five stores in the area.
  • Creso Pharma’s subsidiary Mernova Medicinal has introduced new strains to a range of provincial partners.

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BUSINESS OF CANNABIS: NEW YORK SPONSORSHIP CLOSING SOON

Sponsorship applications for Business of Cannabis: New York are closing soon. Get in touch today so you can position your brand in front of New York industry leaders at a defining moment for cannabis in the state and North America.

Join our sponsors and choose from a variety of sponsorship packages to elevate your business as one of the major players in the North American cannabis space.

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LATAM & The Caribbean
  • The Bahamas Agriculture Minister Clay Sweeting says cannabis bill will be put forward this fiscal year.
  • Students from the University of Puerto Rico have created the Pro Bono Public Policy and Law on Cannabis.
  • Former president Vicente Fox has urged lawmakers to regulate cannabis in Mexico.
  • Since legalisation, Uruguay has curbed trafficking, but only 27% of people acquire cannabis legally.
  • The Civil Police of Rio have approved a kit developed by the university to differentiate medical from illicit cannabis.
  • The government of Grenada has established a Commission on Cannabis Legalisation and Regulation.
  • Anvisa webinar addresses clinical research on cannabis sativa and its derivatives.
  • Xebra Brands Ltd announces that it is set to receive cannabis authorisations from the COFEPRIS.

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APAC

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Africa & The Middle East
  • It has been suggested that Univo rejected a shipment of cannabis weighing 1.6 tons from Tilray.
  • Canndoc launches new brand Humboldt – the result of a collaboration with strain developers from California.
  • Panaxia has reported to the stock exchange that it intends to sell cannabis in the Czech Republic.
  • Isracann Bioscience facilitates the arrival of premium high-THC cannabis genetics in Israel.
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