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International Cannabis Weekly: 275

November 25, 2022

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NEW YORK CANNABIS CONTROL BOARD APPROVES THE FIRST 36 CAURD LICENSES

In historic news for New York, the New York Cannabis Control Board has voted to approve the first 36 retail licenses. The recipients chosen were narrowed down from a group of 903 applicants.

The details:

– 28 of the licences are going to entrepreneurs affected by the criminalisation of cannabis

– 8 are for non-profit organisations

– Most of the licenses went to people in New York City and on Long Island

– 19 licenses went to individuals who belong to racial and ethnic minority groups

20 of the recipients were from some of the lowest income areas in the country

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CONCERNS AS CANNABIS SCEPTIC SET TO LEAD MALTA’S ADULT-USE REFORM

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THE SENATE HAS VOTED FOR THE DEVELOPMENT OF THE HEMP INDUSTRY IN FRANCE

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Europe

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Stocks

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United States
  • In the first meeting since legalisation, Maryland cannabis workgroup discusses tax options.
  • Schwazze has opened a new cannabis dispensary in New Mexico, bringing their total count to 13.
  • Cannabis sales in Arizona continue to drop, but experts suggest the market still has room to mature.
  • A stand-alone cannabis bill has passed the Senate and is on its way to Biden’s desk.
  • The HFA says that Colorado has the opportunity to establish the state as a hotbed for hemp food production.
  • A project looking into the recyclability of hemp fibres has received support from the Hemp Innovations Foundation.
  • LIM College and South Bronx Economic Development partner to enhance cannabis opportunities for students.
  • As more legal cannabis dispensaries open, cannabis workers push to unionise amid fears of job security.

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Canada

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Upcoming Event

Earlier this year at Cannabis Europa 2022, our first-ever industry expo proved a great success for the individuals showcasing their businesses and positioning their brands at the forefront of the European cannabis industry.

Join us in 2023 and get exposure for your business in a growing market. Exhibitor applications are now open – spaces are limited.

BECOME AND EXHIBITOR »

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LATAM & The Caribbean
  • A top Colombian official has reiterated that the government supports a bill to legalise cannabis.
  • A bill in the Chamber of Salvador, Brazil, proposes a municipal policy for the use of cannabis for medicinal purposes.
  • Registration for the Diploma in Cannabis for Health by UNPAZ in Argentina will be open until 10 December.
  • ANVISA has authorised the first importation of cannabis in natura produced in Uruguay.
  • General La Madrid has become the first area in Buenos Aires to open an outdoor legal cannabis plantation.
  • The Mexican Health Regulatory Agency has been ordered by the courts to grant cannabis authorisation to Xebra.

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APAC
  • A local law approving the medicinal use of cannabis has been approved by the French Polynesian assembly.
  • The Association of Researchers of Thailand have shown their support for the Cannabis and Hemp Bill.
  • The DRT in Guam says new applications are available for businesses looking to be part of the cannabis industry.
  • A recent Melbourne study has highlighted the benefits of using cannabis as a treatment for children with autism.
  • Stakeholders in Ayurvedic medicines are urging Nepalese officials to prioritise removing the ban on hemp.
  • New Plymouth entrepreneur Philip Brown has been appointed chairman of Greenfern Industries.

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Africa & The Middle East
  • Cilo Cybin Holdings has abandoned plans for a public offering after failing to attract enough investment.
  • A recent report shows that 120,000 cannabis patients in Israel consume 4 tons per month.
  • A significant report was published this week which suggests that Univo’s cannabis journey will come to an end.
  • Akanda pulls out of Lesotho following a legal battle with a disgruntled former director.
  • A new Israeli study confirms that cannabis can help with quality of life for people living with fibromyalgia.
  • WeGROW Cannabis in Lesotho has started the exportation of high-quality medical cannabis strains to Europe.
  • A South African clinical trial aims to find out if cannabis can wean chronic patients off opioids.
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