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International Cannabis Weekly: 283

January 27, 2023

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CZECHIA COULD LEGALISE ADULT-USE CANNABIS ‘IN 2023 OR 2024’

Earlier this week, Czechia’s national anti-drug coordinator Jindřich Vobořil, described as the ‘locomotive’ driving rapid cannabis reform in the country, announced that draft legislation on cannabis legalisation will be ready as soon as March.

Chairperson of the European Pirate Party Mikuláš Peksa, who will be speaking at Cannabis Europa London 2023 in May, believes Czechia could potentially succeed in launching an adult-use market as early as this year.

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GERMANY’S DRAFT CANNABIS LAW HASN’T BEEN SUBMITTED TO EUROPEAN COMMISSION

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ACCESS TO LEGAL ADULT-USE CANNABIS REDUCES DEMAND FOR PRESCRIPTION CODEINE

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Europe
  • The NHS has reimbursed the cost of a UK patient’s private medicinal cannabis treatment in ‘rare’ adult case.
  • LaFleur, a French medical cannabis company, has imported 500 cuttings of 24 different varieties of cannabis.
  • Executive Director of Hemp Federation Ireland elaborates on the Irish authorities’ legal turmoil over hemp and CBD.
  • The Netherlands’ first legal cannabis factory is ready to supply coffee shops but can’t.
  • French Renaissance deputy proposes to ‘further punish the consumption of narcotics’.
  • The ‘Medusa Study’ by the Trimbos Institute aims to better understand how to access medical cannabis.
  • The French Economic and Social Council (Cese) recommends a legalisation of cannabis.
  • Clever Leaves to wind down Portugal operations to save the company USD$7 million by the end of 2023.

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Stocks

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United States
  • A third Minnesota House committee has approved a bill to legalise cannabis in the state.
  • MariMed, a leading multi-state cannabis operator, boosts debt by US$35 million with secured credit facility.
  • A state commission will vote on regulations for Georgia’s yet-to-launch medical cannabis programme.
  • South Dakota has leaped into second place as a grower of industrial hemp, increasing plantings last year.
  • Benzinga reports that the FDA has now issued final guidance outlining its stand on topics relevant to scientists.
  • Green Thumb Industries to hold fourth quarter and full year 2022 earnings conference call on 28 February.
  • Pennsylvania’s new governor pledges to expand cannabis pardons, including by promoting resources in Spanish.
  • A survey conducted by polling firm Data for Progress found most US voters support legalising recreational cannabis.
  • GW Research Ltd claims that more than fifteen drugmakers are violating its patents.
  • Delaware lawmakers are taking another shot at legalising cannabis in the state, filing a pair of complementary bills.
  • Curaleaf has announced the expansion of its Grassroots brand with the launch of premium cannabis flower and pre-rolls.
  • Curaleaf said Thursday it has reduced its payroll by 10% as it exits California, Colorado and Oregon.

     

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Upcoming Event

NYC SESSIONS RETURNS TO NEW YORK ON 23 FEBRUARY – LIMITED TICKETS LEFT AVAILABLE

NYC Sessions is an ongoing series to dive deep into the ongoing social, regulatory and business implications and opportunities in New York’s emerging cannabis industry. The next NYC Sessions events takes place on 23 February.

This is an extremely limited capacity, intimate event. Join us in the heart of the Big Apple for a night of talks, networking, an open bar, plus dedicated cannabis consumption lounge at the women-owned Work’N’Roll in Chelsea. Early Bird Tickets are priced at just $55.

SECURE YOUR SEAT »

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Canada
  • CanadaBis Capital with subsidiary Stigma Grow provides corporate update, highlighted by ongoing product expansion.
  • Statistics Canada has released November retail sales for the country, with cannabis sales decreasing from October.
  • Businesses in the city of Edmonton may be able to serve cannabis-infused dishes and beverages in the future.
  • Cannabis Training University is the first online cannabis school to issue internationally accepted IACET credits.
  • Cannara Biotech Inc. has recorded C$10.3 million in quarterly revenue, a 57% increase compared with Q1 2022.
  • Spartan Fund Management has announced that it intends to terminate the StoneCastle Cannabis Growth Fund.

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Sponsorship

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LATAM & The Caribbean
  • The chaos that calls for debate and action: the legalisation of medical cannabis in Brazil.
  • Argentina has a regulatory agency for the hemp and medicinal cannabis industry. What are its functions?
  • The first subscription health service focused on cannabis therapies has just been launched in Brazil.
  • Association fighting for access to medical cannabis in Brazil celebrates its first year of success.
  • Coffeeshops similar to those in the Netherlands would ‘be a lucrative source of income’, says the mayor of St. George.

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APAC
  • The Cannabis Control Board in Guam has so far approved 12 official applications for cannabis businesses.
  • With a change in the law, Uzbekistan has created new opportunities for companies that produce or process industrial hemp.
  • The government in Japan is poised to allow the use of medical cannabis to treat patients with intractable diseases.
  • Research from the University of Sydney’s Lambert Initiative finds most Australians are still medicating with illicit cannabis.
  • Universities have come together to investigate multi-stakeholder views on medicinal cannabis in Australia.

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Upcoming Event

TECHNOLOGY, PRIVACY, AND REGULATION IN AN EVOLVING INDUSTRY (WEBINAR)

In this expert webinar, we will discuss how Uber and Leafly protect customer’s personal information, with the purchase or use of cannabis sometimes still stigmatised, as well as risks associated with cross-border information transfers, mean that cannabis retailers must exercise caution before sharing this information.

As the purchase or use of cannabis can still be stigmatised, in this expert webinar we will discuss how Uber and Leafly protect customers’ personal information. We also discuss risks associated with cross-border information transfers, meaning that cannabis retailers must exercise caution before sharing this information.

REGISTER TO WATCH FOR FREE »

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Africa & The Middle East

 

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