International Cannabis Weekly: 375

JUICY FIELDS RING LEADERS FINALLY FACE TRIAL 2 YEARS AFTER COLLAPSE

Leaders of the now notorious cannabis investment scam Juicy Fields are finally being brought to justice, two years after the company collapsed and hundreds of millions of investors money were lost.

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ITALY PLANS TO RESTRICT NASCENT ‘CANNABIS LIGHT’ INDUSTRY

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BILLIONS WIPED OFF U.S. CANNABIS FIRMS’ MARKET VALUE AMID MIXED Q3 RESULTS

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• What the collapse of Germany’s government means for the cannabis industry.
• Polish lawmakers send marijuana decriminalisation petition to prime minister amid regional reform movement.
• French parliamentary group La France Insoumise proposes the legalisation of cannabis by 2025.
• EU starting preparations to supply medical cannabis to Ukraine now it’s been legalised.
• Spain’s medical cannabis market: Why the long-awaited rollout remains in question.
• UK govermment panel recommends raising THC limit in hemp to boost industry growth.

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• Newly elected Republican senate majority leader opposes cannabis legalisation, rescheduling, and banking access.
• Federal agency grants US$8.4 million to produce sustainable alternatives for building and car parts.
• Top Pennsylvania health official blocks proposals allowing medical cannabis recommendations by professionals.
• Ohio retailers sell more than US$131 million worth of adult-use cannabis since market launch in August.
• Torch lights a promising path to Delta-9 beverages for both retailers and consumers.
• Eaze secures US$10 million to fund reopening of 70 US stores just weeks after collapse.

• Majority of Canadians buy all their cannabis products from legal sellers, research shows.
• Cronos sales see a 38% jump as Spinach brand secures top spots in the competitive Canadian market.
• Canopy Growth announces second-quarter financial results for fiscal year 2025, highlighting key metrics.
• Canada’s TerrAscend set to expand into Ohio cannabis market, marking a significant growth milestone.
• Noya Holdings Inc. and Noya Cannabis Inc. file for creditor protection amid financial restructuring efforts.
• MediPharm Labs schedules release date for third-quarter 2024 financial results, providing insights into performance.

• New project offers free cannabis treatment to support children with autism and their families.
• Veterinary prescription of cannabis-based products added to the official Union Gazette.
• MisioPharma wants to increase its cannabis oil production by importing pure CBD.
• Costa Rica legalises self-cultivation of cannabis, opening new avenues for personal use and wellness.

• Federal Parliament in Australia to vote on Greens’ adult-use cannabis legalisation bill this month.
• Study finds New Zealand cannabis users are consuming less alcohol, highlighting shifting substance preferences.

• South Africa advances cannabis decriminalisation efforts, paving the way for legal reforms.
• Canadian cannabis exports to Israel could soon face tax rates of up to 175%, impacting industry growth and trade.