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International Cannabis Weekly: 360

August 2, 2024

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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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Europe

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United States
  • “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.

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Canada
  • 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.

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LATAM & The Caribbean
  • 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.

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APAC

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Africa & The Middle East
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