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International Cannabis Weekly: 329

December 14, 2023

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LANDMARK ADULT-USE PILOT PROJECT IN THE NETHERLANDS IS DUE TO BEGIN TODAY

After a number of delays, the four-year cannabis cultivation and distribution experiment is finally set to kick off today.

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FIRST LEGAL ADULT-USE SALES POINT OPENS IN LAUSANNE AS PART OF PILOT PROJECT

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HHS RELEASES REDACTED DOCUMENTS RELATED TO U.S. CANNABIS RESCHEDULING

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Europe
  • The Global Cannabis Report: 4th Edition published by Prohibition Partners, with Rokshaw as headline sponsor.
  • Greek MEP urges EU Commission to tackle medical cannabis access issues pushing patients to illicit market.
  • Europe’s first fully-compliant adult-use supply chains now fully operational, with more to follow in 2024.
  • The UK’s largest medical cannabis study T21 announces three new industry partners.
  • New findings from the UK link medical cannabis treatment to improvements in quality of life among ADHD patients.
  • SOMAÍ Pharmaceuticals enters German market with strategic partnerships, securing €10 million distribution deal.

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Stocks

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United States
  • Top senator urges leaders of major financial institutions to commit to cannabis banking reform.
  • Legal cannabis sales in Connecticut set a new record in November, with nearly US$25.7 million in total sales.
  • Curaleaf announces internal reshuffle of its U.S. operations in connection with TSX listing.
  • Hawaii’s attorney general adopts adult-use system from Massachusetts in her proposal for legalisation.
  • New Hampshire lawmakers have already pre-filed a dozen cannabis-related bills for the 2024 legislative session.
  • New Jersey’s state cannabis agency lowers medical cannabis registration cost to $10 in bid to increase enrolments.

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New Report

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Canada

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Report Sponsors

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LATAM & The Caribbean
  • Colombia’s government moves to legalise drug possession by removing a fine and police powers to seize substances.
  • Left-wing Costa Rican political party announces a new bill aimed at legalising the home cannabis cultivation.
  • Argentina’s Cannabis Regulatory Agency grants first six licences for the production and sale of medicinal cannabis.
  • Brazilian Association of the Cannabinoid Industry meets industry representatives & Anvisa to discuss cannabis regulations.

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APAC
  • Australia’s Office of Drug Control (ODC) launches online tracker for medical cannabis imports, exports and stock.
  • Aether Pacific Pharmaceuticals posts job advertisement in New Zealand for a ‘Chief Cannabis Tester’.
  • New Zealand’s first clinical trial to test cannabis as a substitute for pain and sleep medication in aged care facilities.
  • Melodiol may be forced to offload core assets in a bid to raise capital, as the company suspends some operations.

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Africa & The Middle East
  • Medical cannabis patient numbers surge in Israel, but new patient access rules face delay.
  • KwaZulu-Natal government partners with Opulence Pharmaceuticals to empower local cannabis farmers.
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