International Cannabis Weekly: 368

HOME CULTIVATION PROPOSED AS PART OF NEW CZECH CANNABIS LAW

People over the age of 21 would be able to legally grow up to three plants at home for personal use, as well as having up to 50 grams of dried cannabis at home.

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CANNABIS CLUB APPLICATIONS CONTINUE TO RISE IN GERMANY – BUT GROWTH SLOWS

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NEW HEMP BILL COULD SOLVE INTOXICATING CANNABINOID ISSUES IN THE U.S.

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• Most Germans are consuming cannabis for health reasons – but many still turn to the illicit market.
• Cannabis markets in Europe and the U.S. are like ‘chalk and cheese’, industry insiders say.
• DanCann Pharma plans reverse stock split, Allied Corp exports GMP product to Switzerland, and more from SEED.
• As proposed hemp flower ban advances, Italian agency says industry fears are overstated.
• GROW and Integro Clinics expand medical cannabis access scheme to include all UK university students.
• Leva Clinic merges with Zerenia to expand patient care and promote medical cannabis as a pain management solution.

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• Pittsburgh bans workplace discrimination against registered medical cannabis patients.
• Medical cannabis legalisation could save the U.S. billions in health insurance reductions.
• Cannabis advocates are optimistic that legalisation of adult-use cannabis sales will go ahead in Florida.
• Between June 2023 and June 2024, pre-rolls experienced the biggest increase in sales revenue, jumping 11.89%.
• Premium cannabis brands report steady consumer demand and sales despite economic turbulence.
• Cheech and Chong’s company sues to overturn new California hemp product ban that took effect this week.

• Canada’s cannabis sales rise for fifth consecutive month, but total 2024 sales continue to lag.
• Canadian cannabis retail giant Tokyo Smoke restructures, seeking stronger future via CA$56.7 million share deal.
• Tilray Brands has entered the US THC drinks market with a range of Delta-9 THC mocktails and seltzers.
• Village Farms International buys remaining equity in Dutch cannabis producer Leli Holland.

• Nasdaq-listed Aurora Cannabis will close its operations in Uruguay by the end of September 2024.
• Argentinian government intervenes in cannabis regulator, appointing a comptroller to address delays.
• Minister of Agriculture debates hemp industry with sector representatives in Brazil.
• Flora Growth announces new supply agreement to export Colombian medical cannabis to Germany.

• Global hemp industry leaders attend Japan’s first International Hemp Conference in Tokyo.
• More details emerge on Thailand’s new cannabis regulation bill, including the formation of a Cannabis Control Board.
• ECS Botanics secures rights to roll out Terphogz range in Germany, Australia, and New Zealand.
• Chinese study shows Epidiolex may have potential as a treatment for illness in veterans.

• South Africa’s ‘Cannabis Master Plan’ aims to enhance economic growth, create jobs and reduce poverty.
• Hemp farmers in South Africa have warned about the risk of surplus product if processing facilities aren’t completed.