International Cannabis Weekly: 323

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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• 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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• 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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• Toronto’s Heritage Cannabis agrees to sell the company’s real estate properties in Ontario and British Columbia.
• Canadian cannabis exports continue to rise with 1,805 permits issued in 2022-2023.
• Calgary’s SNDL Inc. and Nova Cannabis push back closing date for strategic partnership.
• Winnipeg’s Delta 9 Cannabis to supply recreational cannabis to Cannabis NB Ltd. for sale in New Brunswick.
• Calgary’s High Tide Inc. completes restructuring of its C$8.9 million of outstanding secured debt.
• Greenway Greenhouse Cannabis Corp. oversubscribes C$3.5 million private placement of convertible debentures.

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• Goiás in Brazil pioneers access to medicinal cannabis through partnerships for cannabis-based medicines.
• Brazilian court grants permission for association to produce and cultivate cannabis for medicinal purposes.

• 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.

• First legal shipment of cannabis initiated by the new Director of ANRAC from the municipality of Chefchaouen, Morocco.
• CEO of Israel’s Tikun Olam resigns just six months into his tenure, as part of new management changes.