International Cannabis Weekly: 355

CANNABIS CONSOLIDATION IS INEVITABLE SAYS CURALEAF’S BORIS JORDAN AT CANNABIS EUROPA

Boris Jordan discussed his company’s evolution and what he believes is in store for regulated cannabis operators at home and abroad.

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CANNABIS EUROPA 2024 – DAY ONE: EUROPE’S TIPPING POINT

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CANNABIS EUROPA 2024 – DAY TWO: PROGRESS & SUCCESS

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• Lyphe launches low-cost medical cannabis line, Noidecs Vital, designed to address affordability issues for patients.
• Mamedica CEO predicts rapid growth for UK medical cannabis market, but infrastructure needs to catch up.
• Cannaray, Therismos, and Aqualitas unite to launch vertically integrated cannabis company Wellford at Cannabis Europa.
• The Isle of Man’s medicinal cannabis dispensing service is set to expand to more pharmacies after a successful trial.
• New UK study highlights scale of illegal cannabis use for health reasons, five years after law change.
• 41% of young Spaniards believe that cannabis consumption should be regulated, study finds.

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• Texas activists turn in nearly 50,000 signatures to put cannabis decriminalisation on the Dallas ballot.
• PA House introduces cannabis legalisation bill as momentum for adult-use cannabis builds.
• North Carolina Senate approves a bill to legalise medical cannabis, a day after bill wording changed.
• 65% of New Hampshire residents support legalising adult-use cannabis, new poll shows.
• Glass House Brands faces dismissal of a lawsuit alleging involvement in illegal cannabis market dealings.
• Hawaii governor signs cannabis expungements bill to launch a single-county pilot programme.

• Organigram invests in German cannabis market with €14 million initial investment in Sanity Group.
• Canadian retail cannabis sales increased in April, up 5.3% to C$428.6 million compared to March.
• High Tide to acquire Mississauga retail cannabis store, Cantopia, for CA$600,000.
• Canadian cannabis producer Cronos reports expansion of GrowCo, in which it owns a 50% stake.
• Nova Scotians bought more legal cannabis last year than the year before, while alcohol sales fall.
• First study on label accuracy of cannabis oil products in Canada found “discrepancies at multiple levels”.

• Brazil’s Supreme Court has voted to decriminalise possession of cannabis for personal use.
• Buenos Aires company launches the first cannabis alfajor candy called Chocoweed.
• Cannabis outperforms conventional therapies in leukaemia treatment, innovative research finds.
• The government of Antigua & Barbuda to clear criminal records for minor cannabis convictions.

• Proposed rules for CBD in Japan likely to wipe out fast-growing US$170 million market.
• Althea Group announces new senior leadership team following successful company restructuring.
• Thailand’s Health minister still plans to recriminalise cannabis and says most agree, after surveying 100,000 people.
• Australia’s Labor Party youth argue to legalise adult-use cannabis at parliamentary inquiry into regulation.

• Three pharmaceutical companies have finally started manufacturing cannabis medicines in Zimbabwe.
• Israeli tech and cannabis company, StickIt Technologies Inc., reorganises divisions in Thailand and Spain.