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International Cannabis Weekly: 300

May 26, 2023

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FOUR-YEAR MEDICINAL CANNABIS PILOT PROJECT PROPOSED BY ICELAND

A four-year pilot project, which would permit the use of cannabis for medicinal purposes in Iceland, has been proposed by policymakers.

Following a debate in Alþingi [Icelandic parliament] last week, officials have proposed a four-year pilot project to permit the use of medical cannabis, as well as the cultivation, production and distribution of cannabis-based products for medicinal use.

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MINNESOTA TO BECOME 23RD US STATE TO LEGALISE ADULT-USE CANNABIS 

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CANNABIS SALES IN CANADA GENERATE C$1.5 BILLION IN TAX REVENUES IN 2021/22

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Europe

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Stocks

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United States

 

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Canada
  • Organigram announces plans to venture into the German market by providing supplies to Sanity Group.
  • Uber Eats and Leafly collaborate to introduce cannabis delivery services to residents of British Columbia.
  • Latest study shows no increase in problematic cannabis use after legalisation in Canada.
  • The number of pregnant individuals in Ontario needing hospital care due to cannabis has doubled since 2018.

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Podcast

In the run-up to Cannabis Europa 2023, Prohibition Partners’ CEO Stephen Murphy caught up with Aras Azadian, Co-founder and CEO of Avicanna. Stephen and Aras discuss Avicanna’s landmark partnership with Canadian pharmacy giant Shoppers Drug Mart, alongside reviewing differences between the Canadian and European industries, patient access and affordability and what to look forward to in the emerging European market.

LISTEN HERE »

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LATAM & The Caribbean

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APAC
  • Therapeutic Goods Administration (TGA) reveals 16 investigations are underway into the advertising of medicinal cannabis.
  • The future of Thailand’s cannabis industry becomes uncertain as control plans are revealed.

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Reports

Since 2017, Prohibition Partners has published more than 30 industry-leading reports on emerging and established cannabis markets around the world. These reports provide reliable and credible data on commercial opportunities, market forecasts and the regulatory environment in key cannabis markets globally.

Many of our reports are free to download and additional paid-for data packages are available for enhanced insight and analysis. 

VIEW REPORTS »

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Africa & The Middle East
  • Israel’s MediCane Health announces that it will no longer be operating a growth strategy or any marketing activities.
  • Patients in Israel to receive 40% financial reimbursement from insurance companies for medical cannabis.
  • A definitive agreement has been signed by Atlas Global to acquire an Israeli pharmacy.
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