International Cannabis Weekly: 354
June 21, 2024
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DUTCH CANNABIS EXPERIMENT EXPANDED TO EIGHT NEW CITIES COUNTRYWIDE
Initially launched last year in the municipalities of Tilburg and Breda the country’s four-year cannabis experiment has entered its next stage.
U.S. CANNABIS SALES COULD SURPASS FOODSTUFFS LIKE BEEF THIS YEAR
MARYLAND GOVERNOR PARDONS 175,000+ PEOPLE WITH CANNABIS CONVICTIONS
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Europe
- Countdown to Cannabis Europa: World’s largest cannabis companies to descend on London on 25-26 June.
- Curaleaf International’s strategic moves in Europe: Exclusive insights from head, Juan Martinez.
- The door is now open for cannabis companies on the Isle of Man as it seeks to home 10 businesses this year.
- Prohibition Partners to launch new bespoke data and analysis packages at Cannabis Europa.
- Dutch Minister announces expansion of medicinal cannabis policy with amendment to Opium Act.
- Script Assist launches SaaS offering for its platform announcing Jersey’s MediCann as first partner.
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United States
- ‘Hemp killing’ amendment would not ban all hemp cannabinoids, says U.S. Congressional Research Service (CRS).
- Prohibitionist group founded by former Attorney General urges DEA to extend public comment period for rescheduling.
- Pennsylvania lawmakers announce cannabis legalisation bill as neighbouring Ohio readies market launch.
- California event in July will be the first U.S. state fair to feature on-site cannabis dispensaries and competitions.
- Texas House candidate leads push to put marijuana decriminalisation on yet another local ballot.
- Colorado’s attorney general is suing Gee Distributor for allegedly selling cannabis marketed as industrial hemp.
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Canada
- Village Farms targets the Dutch market and plans to begin production in the Netherlands by Q4 2024.
- Nova Scotia judge rejects constitutional arguments from defendants for Indigenous cannabis shops.
- Melodiol Global Health property valued at up to CA$12m as convertible note deal is secured.
- Tether celebrates third anniversary with back-to-back industry events in partnership with StratCann.
- Canadian edibles manufacturer, Indiva Limited, announces it has officially received creditor protection.
- High Tide eyes disciplined growth in the thick of further Canadian cannabis industry shakeout.
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LATAM & The Caribbean
- Federal Commission for the Protection against Sanitary Risks (COFEPRIS) in Mexico authorises hemp cultivation.
- Colombian industry faces serious challenges with 40% of companies closing in the last seven years.
- The Plenary of the Federal Supreme Court in Brazil to make a judgement on criminalisation of cannabis possession.
- The second hemp licence has been granted in Mexico, but a law establishing regulations is still not in place.
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APAC
- Tilray Medical announces the launch of Broken Coast EU-GMP certified medical cannabis products in Australia.
- Endoca to start distributing products in Australia next month, nine months after it split from local partner.
- In Polynesia, a father has been acquitted for treating his son with medical cannabis for severe epilepsy.
- Tasmanian government working to simplify things for hemp producers after a review of state’s Industrial Hemp Act.
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Africa & The Middle East
- South African medicinal cannabis startup Cilo Cybin Holdings (Cilo) seeks JSE and Nasdaq listings.
- The Nigerian Customs Service has seized a container of cannabis from Canada worth ₦3 billion.
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