International Cannabis Weekly: 358

CZECH REPUBLIC WILL PURSUE FULL COMMERCIAL ADULT-USE MARKET 

The Czech government looks to be pursuing a full commercial adult-use cannabis market as part of its ‘Cannabis Management Act’, according to leaked documents seen by Business of Cannabis.

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EUROPEAN CANNABIS FIRMS LOOK TO LIST IN THE U.S.

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MEDICAL CANNABIS CLINICS IN THE UK SEE A RISE IN PATIENTS

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• Medical cannabis regulated as Ibuprofen is one of the biggest breakthroughs of Germany’s cannabis law.
• The Authority for the Responsible Use of Cannabis will not cap the number of associations that can be set up in future.
• Pharmacies on the Isle of Man can now apply to dispense medicinal cannabis following year-long pilot scheme.
• The Italian government adds CBD to its list of narcotic drugs, defying a regional court ruling and EU law.
• Barcelona city council orders 30 cannabis clubs to close, casting doubt on its future as a cannabis capital.
• Ohrid Organics secures supply deal with Canopy Growth amid Hydrogen Utopia’s 49% stake acquisition.

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• President Biden pledges to “make sure” people aren’t jailed for cannabis possession, pushes to clear convictions.
• Pennsylvania dispensaries excluded from 280E tax relief due to drafting error in bill signed by Governor.
• Over 30,000 comments submitted on DEA’s proposed rescheduling rule as public comment period nears end.
• Village Farms’ C-Suite Execs talk strategy over building a “global cannabis platform” on recent webinar.
• Snoop Dogg opens first licensed dispensary and rolls out tribute to 2Pac with exclusive line of products.
• Missouri Cannabis manufacturer faces $20 million lawsuit over unpaid invoices and revenue loss following product recall.

• Canadian cannabis giant SNDL plans major financial restructuring project, slashing 106 full-time positions.
• British Columbia’s cannabis branch provides updates to its sampling rules for cannabis marketing licensees.
• Avant Brands posts record Q2 results, with international sales surpassing domestic revenue for the first time.
• Clinical trials delayed due to a shortage of GMP-compliant products, despite government approval and ample funding.
• Alberta’s largest independent dispensary lights up Edmonton comedy festival with first-ever cannabis sales.
• Ontario study reveals a third of cannabis oils with THC have inconsistent labeling, according to recent report.

• Preservation, science & cannabis in the Tucumán Jungle: a tiny area with over half of Argentina’s animal & plant species.
• Bahamas PM Philip Brave Davis opens the door for legalised cannabis industry on the Caribbean island.
• Biofábrica harvests 3,500 plants in its medicinal cannabis greenhouse, with hopes to expand cultivation.
• Opinion poll suggests more than 60% of Brazilians against the recent decriminalization of cannabis.

• Althea Group launches new range of dried medicinal cannabis flowers, with more varieties planned for future release.
• NZ Ministry of Health reports a notable increase in the supply of medical cannabis products over the past year.
• Thai cannabis activists stage hunger strike in protest as government plans to recriminalize the recreational industry.
• Japanese artist’s cannabis case tests the country’s notoriously strict legal stance as it unfolds in the courts.

• South Africa recently became the first African country to legalise the private use of cannabis. What’s the verdict?
• Medical cannabis company operating in Israel and Germany starts trading on 6:1 post-consolidated basis.