International Cannabis Weekly: 339

MEDICAL CANNABIS PRESCRIPTIONS ISSUED TO PATIENTS FOR THE FIRST TIME IN GREECE

It follows a seven-year battle to make medical cannabis readily available in Greece, after becoming one of Europe’s first countries to reschedule medical cannabis in 2017.

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ADULT-USE CANNABIS TO BE OUTLAWED IN THAILAND BY YEAR-END

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CANADA’S TAX COLLECTION AGENCY ESCALATES EFFORTS TO RECOUP EXCISE CASH

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• UK-based Glass Pharms has achieved a milestone in producing the world’s first carbon-neutral cannabis.
• A Belgian former judge and European Parliament candidate wants to remove cannabis from criminal law.
• Patients in the UK can now arrange a cannabis consultation and prescription directly with a doctor using an app.
• Stenocare regains position as the only provider of all three oil products under the Danish Pilot Programme.
• British Cannabis acquires Goodbody Botanicals, expanding its FSA-listed product line and manufacturing.
• SOMAÍ Pharmaceuticals acquires Portugal-based RPK Biopharma (Holigen) from AKANDA Corp.

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• Florida bill that sought to cap THC potency ahead of legalisation is ‘dead’ for the session, GOP House sponsor says.
• California’s cannabis tax bill has risen nearly 15% since December 2022 to just over US$300 million.
• Dozens of current and former US law enforcement leaders have backed and called for rescheduling cannabis.
• New York’s cannabis regulators have collected just US$22,500 of US$25 million in fines from unlicensed stores.
• U.S. Cannabis Council is accepting donations at Curaleaf stores for cannabis policy and legalisation lobbying.
• Nevada’s first legal cannabis consumption lounge opens – top local lawmaker smokes first joint at 4:20pm.

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• Government retail sales data reveals adult-use cannabis sales in Canada topped over CA$5 billion in 2023.
• House of Commons Standing Committee on Finance recommends a change to how cannabis excise taxes are applied.
• Analysts say Organigram and Aurora Cannabis are increasingly attractive as Canopy Growth operations struggle.
• Heritage Cannabis Co. boosts gross margin over 50% in 2023 and 628% for the fourth quarter compared to last year.
• Asia Green Biotechnology Corp. agrees to acquire Burton Growers Ltd. and Green Sight Agri-Holdings Ltd.
• Canadian Cannabis Exchange facilitates sale of Ogen production facility and equipment.

• The first legal export of cannabis-derived THC products from Jamaica to the United States has taken place.
• Justice minister in Brazil requests a debate on the use of cannabis for medicinal and industrial purposes.
• Uncertainty grows around Reprocann program in Argentina, which could see the government ban self-cultivation.
• New resolution in Colombia could extend the maximum amount of time that licensees have to transport cannabis.

• The government of Pakistan announces a new law that will finally establish a regulatory body for cannabis.
• ECS Botanics raises AU$4 million from new and existing shareholders as it looks to increase growing capacity.
• Australian study indicates distinct demographic preferences between legally prescribed THC and CBD products.
• German legalisation to have a flow-on effect and set to ‘open up opportunities’ for Australian firms.

• Cannabis for Private Purpose Bill passed in South Africa, with the legislation now waiting to be signed into law.
• Morama Holdings pioneers high-quality, organic cannabis at 45-hectare facility in Lesotho.