International Cannabis Weekly: 360

GLASS PHARMS INTRODUCES OWN-BRANDED CANNABIS-BASED PRODUCTS TO UK MARKET

UK-based medical cannabis cultivator Glass Pharms has announced the launch of a new range of own-branded ‘cannabis-based products for medicinal use’ (CBPMs).

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GERMANY’S DOMESTIC CANNABIS CULTIVATION MARKET POISED FOR GROWTH

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NETHERLANDS’ LONG-AWAITED CANNABIS TRIAL SEES FIRST LEGALLY CULTIVATED SALES

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• Spanish researchers revolutionize THC detection in saliva with innovative breakthrough.
• French project probes potential for supply chains in hemp textiles, building materials.
• Moldova moves towards legalizing the cultivation of industrial hemp, stakeholders want simpler licensing.
• Snoop Dogg opens second location of his Smoke Weed Every Day (S.W.E.D) coffee shop – this time in Amsterdam.
• Hamburg gears up for Hamcan this weekend. Here’s what’s going on in the third edition in Northern Germany.
• Studies reveal potential benefits of CBDV for treating epilepsy and autism spectrum disorders.

• “Tilray should be a long-term holding in any global portfolio of cannabis stocks”, according to analyst.
• Senators uphold state medical cannabis protections, seek answers on American jailed in Russia.
• Florida cannabis legalization ballot intiative has enough support to pass with voters, new poll reveals.
• Verano to acquire cannabis licenses in Arizona and Virginia from Cannabist Co., strengthening its regional footprint.
• Nebraska bill would levy 30% tax on sales of hemp and CBD products to help offset property taxes.
• DEA opens special comment period on cannabis rescheduling, U.S. tribes advocate for recognition of traditional use.
• Two Texas cities to decide on cannabis decriminalization in upcoming election, potentially shaping statewide policy.
• Cannabis rescheduling challenged by lawmakers, with future of project in the balance amid upcoming elections.

• A new dawn for cannabis retail in Alberta with Uber Eats and Leafly entering the market as of July 30.
• Aurora secures production license for cannabis operations in Germany, expanding European market presence.
• MTL Cannabis more than doubles revenue in fiscal 2024,  plans to push further into markets overseas.
• Changes coming to Canada’s largest market with the Ontario Cannabis Store reducing products in its warehouse.
• Retreat in Algonquin Highlands takes novel approach to wellness: cannabis for a transformational inner experience.
• Canadian Cannabis Council “severely disappointed” and pushes back on Israel’s threats to tax imports.

• Sechat and Emerald form strategic partnership to promote December’s Las Vegas MJBizCon event – in Brazil.
• Is Colombia betting on cannabis again? New project in the works for adult-use legalization in the country.

• Australia to evaluate 2 hemp varieties in comprehensive dryland winter crop trials to assess their potential & performance.
• Philippines tries to approve medical cannabis once more, with Senate approval still needed.
• The Japanese cannabis market increased sixfold from 2019 to 2023, with revenue reaching €145 million.
• IDT Australia enhances appeal for potential partner MyndBio with impressive 92% revenue surge.

• IM Cannabis Corp. regains Nasdaq compliance, ensuring continued listing on the stock market.
• Moroccan cannabis farmers emerge from the shadows, thriving under new legal framework for cultivation.