International Cannabis Weekly: 351
May 31, 2024
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CANNABIS RESCHEDULING TENSIONS RISE AS DEA’S MILGRAM FACES GOP SCRUTINY
The Drug Enforcement Agency’s (DEA) Administrator, Anne Milgram, has come under fire from GOP congressmen over the apparent divergence of opinion on rescheduling.
LEGAL ‘GREY AREA’ SEES CONSUMERS PROSECUTED FOR CBD FLOWER IN MALTA
SLOVENIAN VOTERS WILL HAVE THEIR SAY ON CANNABIS POLICY IN JUNE REFERENDUM
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Europe
- Jersey to debate cannabis decriminalisation and Ireland set for first medical cannabis cultivation facility.
- Italian legislation could ban all CBD and other products derived from the plant’s flowers.
- European Stocks Review: IM Cannabis merger scrapped, Cel AI gets a new CEO, and more from Intercure.
- Mary Jane Berlin: A celebration of cannabis culture and innovation on 14-16 June, 2024.
- A large majority of young people in the UK support cannabis legalisation, survey finds.
- Cannabis, oils and extracts have been removed from banned substances list in Ukraine.
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European Cannabis Stocks
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United States
- New Hampshire moves one step closer to becoming the next U.S. state to legalise adult-use cannabis.
- New York’s Office of Cannabis Management is without a leader after Head resigns from post early.
- Delaware governor signs bill to expand medical cannabis access by letting doctors recommend it for any condition.
- Cannabis revenue in Missouri is funding veterans programmes, drug treatment, and public defender services.
- 73% of Texans support full cannabis legalisation or decriminalisation, including plurality of Republicans.
- Tyson 2.0 brand drops two new cannabis-themed collaborations with G Pen and Stündenglass.
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Canada
- Organigram announces a new three-year supply deal in the UK with a focus on further international expansion.
- CCTA unveils plan to make Canada the cannabis tourism capital of the world with ‘groundbreaking’ legislative proposals.
- Canopy Growth reports a lower loss on higher revenue and lower expenses in fourth quarter & fiscal year 2024 results.
- Ontario-based LP Rocket Factory partners with Althea to launch dried flower products.
- Allied Corp announces successful international shipment of 180 kilograms of medical cannabis from Colombia.
- A federal labour arbitrator has given Air Canada the green light to test a strand of a flight attendant’s hair for cannabis.
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LATAM & The Caribbean
- Brazil’s National Health Surveillance Agency (Anvisa) announces new National Prescription Control System.
- Agricultural milestone reached in Argentina as the GEN Foundation creates the country’s first edible hemp oil.
- Medical cannabis company Cannect raises R$5 million to expand it’s reach in the Brazilian market.
- Government support for the medical cannabis industry in Brazil as Ministry of Entrepreneurship promotes growth.
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APAC
- Nepalese Finance Minister says legalisation of medical cannabis cultivation and consumption is coming.
- Koreans who consume cannabis while overseas could face criminal charges, government warns.
- A house in Australia made entirely from industrial hemp six major awards for the project.
- Cannabis advocates gather in Bangkok to protest the government’s decision to reclassify cannabis as a narcotic.
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Africa & The Middle East
- After a long process, the president of South African has legalised cannabis for personal use.
- Cannabis-infused goodies are set to hit the shelves in Morocco, including CBD-infused chocolate and tea.
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