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International Cannabis Weekly: 356

July 5, 2024

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BRAZIL’S SUPREME COURT DECRIMINALISES ADULT-USE CANNABIS POSESSION

Brazil’s Supreme Court votes to decriminalise possession of cannabis for personal use, making the nation one of Latin America’s last to do so.

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LAUNCH OF EUROPEAN UNION DRUGS AGENCY SIGNALS NEW APPROACH TO ILLICIT DRUGS

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‘VERY FEW’ CANNABIS CULTIVATION ASSOCIATION APPLICATIONS IN GERMANY

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Online Event

On behalf of the German Cannabis Business Association, Boveda’s head of international relations, Benjamin Patock, will be co-hosting a free international briefing on Wednesday 10 July at 8pm CET. The briefing will give exclusive insights into current opportunities in Germany for cannabis companies worldwide.

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Europe

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United States

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Canada
  • Retailers, producers, and consultants say more needs to be done to help the Canadian industry grow and thrive.
  • Canna Farms is closing shop as its parent company shifts its medical platform to its Ontario facility.
  • Verano lawsuit against Goodness Growth for nearly $861 million in damages after all-stock acquisition deal was terminated.
  • Canadian cannabis oil labels are rife with ‘discrepancies,’ according to findings of a new Health Canada study.
  • Papa’s Herb and Chinook Cannabis to sell first legal disposable vapes at a music festival since AGLC update.
  • Decibel’s dominance in pre-rolls segment tested by market shifts and 16% revenue drop.

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LATAM & The Caribbean
  • Xebra Brands expands strategic partnership with iCAN to enhance CBD product offering in Mexico.
  • Mexican authorities authorise import, cultivation and harvesting of hemp containing 1% THC.
  • Unprecedented drug use study in Brazil could influence public policies in the capital of Ceará.
  • The government of Argentina claims to have detected irregularities in Reprocann and could impose restrictions.

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APAC

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Africa & The Middle East
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