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International Cannabis Weekly: 323

November 3, 2023

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EUROPE’S FIRST LEGAL CANNABIS DISPENSARIES TO OPEN BY YEAR-END

Europe’s first legal cannabis dispensaries are expected to be open by the end of the year as Switzerland launches a sixth adult-use pilot project.

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FRANCE TAKES MAJOR STEP TOWARDS MEDICAL CANNABIS GENERALISATION

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ITALY’S CBD BAN PUSHED BACK FURTHER BY COURT AND NOW SUSPENDED UNTIL JANUARY

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Europe
  • New data from the UK Home Office shows medical cannabis imports have tripled in size this year.
  • Five years of medical cannabis legalisation in the UK: a reflection on the journey so far.
  • Malta’s head of cannabis regulatory body grants first two cannabis association licences.
  • Germany, Poland, and Australia the top destinations for Portugal’s 5.4 tons of exported medicinal cannabis this year.

  • British Cannabis partners with Kanabo Group to offer pharmacy-grade CBD health supplements.

  • MGC Pharma & Hellenic Dynamics both turn to share consolidation as they seek new funding.

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Stocks

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United States
  • Alabama Medical Cannabis Commission (AMCC) implements new licensing procedures.
  • Psychemedics launches new drug screening panel – prioritising fentanyl over cannabis.
  • Nevada’s Cannabis Compliance Board (CCB) approves six new conditional licences for consumption lounges.
  • Minnesota’s Goodness Growth Holdings secures cannabis cultivation and manufacturing facilities in New York.
  • Missouri State Senator calls for investigation into fraudulent activities exploiting the system for personal gain.
  • Minnesota’s Office of Cannabis Management (OCM) begins rule-making for the state’s new cannabis industry.

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Upcoming Event

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Canada

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Sponsorship

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LATAM & The Caribbean

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APAC
  • Adult-use bill advances through Victorian parliament, with a debate scheduled for 29 November.
  • New research shows cannabis plants improve wine quality and soil health in New Zealand vineyards.
  • Victoria’s Cann Group doubles revenue to just over A$4 million, but its cash position still remains a concern.
  • Australia’s Althea Group announces approval of its cannabis medicine for patient reimbursement in Ireland.

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Africa & The Middle East
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