International Cannabis Weekly: 346

CANNABIS ASSOCIATIONS IN GERMANY FACE NEW RESTRICTIONS IN PUSH TO PREVENT COMMERCIALISATION

The German government is reportedly set to push through legislation that would tighten the already strict rules around cultivation associations.

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TIKUN OLAM EUROPE LEADS THE CHANGE IN GREECE’S MEDICAL CANNABIS MARKET

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CURALEAF COMPLETES US$16M ACQUISITION OF NORTHERN GREEN CANADA

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• Experts expect a ripple effect across Europe after Germany’s landmark legislative change earlier this month.
• In 2023, Portugal exported 11 tons of medical cannabis, but only 17 kilograms were sold domestically.
• Chill Brands share price drops 40% as CEO is suspended over allegations of insider trading.
• Jersey Hemp wins watershed legal battle against UK Home Office which threatened entire CBD industry.
• #ReleaseMyMeds campaign launched in the UK to protect cannabis patients’ rights.
• Thousands gather at Brandenburg Gate in Berlin on 4/20 to celebrate legalisation in Germany.

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• New Hampshire lawmakers weigh medical cannabis expansion bills amid adult-use legalisation debate.
• Illinois adult-use cannabis sales in March were up 9.8% sequentially, but growth remains slow.
• South Carolina House panel takes up Senate-passed medical cannabis legalisation bill after months of delay.
• The DEA shouldn’t be in charge of cannabis rescheduling decision, says Jesse Ventura.
• Lawmakers in Hawaii’s Senate vote down a bill that would have expanded the state’s cannabis decriminalisation law.
• State-legal, regulated cannabis being seized at Customs and Border Protection checkpoints in New Mexico.

• Consumers purchased CA$376.2 million of adult-use cannabis in February 2024, the highest February figure on record.
• The Manitoba government is planning to end its ban on the home cultivation of adult-use cannabis.
• Diageo holds talks with ‘at least three’ Canadian cannabis firms about cannabis-infused drinks range.
• Advocacy group calls on Vancouver to embrace cannabis tourism after 4/20 debacle.
• A committee of physicians has issued recommendations for the use of medical cannabis in children.
• Cannabis store employee pushes Ontario to adopt a cannabis container return program.

• Brazilian municipality of Diadema approves free distribution of cannabis-based medicines via public healthcare.
• Cannabis biochar and carbon credit project aims to boost farmers in Ecuador’s Amazon.
• Student from Conceição do Coité receives authorisation to cultivate cannabis for medicinal purposes.
• Minas Gerais discusses distribution of cannabis-based products for medicinal use by the SUS in Brazil.

• The cannabis market in Japan expanded from US$26.3 million in 2019 to US$173.8 million in 2023.
• Ora Pharm leads New Zealand medicinal cannabis exports to Australia with 100kg order.
• Long-awaited reforms to New Zealand’s medical cannabis export market are expected over the next three months.
• Australia’s Therapeutic Goods Administration (TGA) issues quality warning over questionable products.

• In the ever-evolving landscape of cannabis legislation, South Africa finds itself at a crossroads.
• Laws in South Africa prevent banks from financing the cannabis industry, but changes are on the horizon.