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International Cannabis Weekly: 376

November 22, 2024

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GERMANY’S MEDICAL CANNABIS IMPORTS GROW 70% IN Q3 AS MARKET EXPLOSION CONTINUES

Germany’s Federal Institute for Drugs and Medical Devices (BfArM) has published the medical cannabis import figures for Q3, showing that the country’s medical cannabis market is still growing rapidly.

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WHAT DO TRUMP’S CABINET PICKS MEAN FOR CANNABIS REFORM?

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GERMANY’S POLL-LEADING PARTY EYES ROLLBACK OF CANNABIS REFORMS

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Europe
  • Moldova approves hemp farming for seed and fibre but flowers for CBD still restricted.
  • French hemp cultivation projected to double in size over the next five years amid growing industry demand.
  • Denmark proposes permanent adoption of its medical cannabis programme to support patients and boost the industry.
  • High-THC cannabis flower will no longer be available to patients on prescription in Luxembourg from next year.
  • From specialists to GPs: Releaf on expanding access to medical cannabis training in the UK.
  • Celadon hit by cash crunch amid funding delays, Danish companies spike, and Tilray launches German-grown products.

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United States
  • GOP senator calls marijuana reforms ‘half-assed,’ says cannabis should be regulated like alcohol and tobacco.
  • Researcher urges DEA to delay marijuana rescheduling hearing until after Trump takes office.
  • Michigan cannabis sales experienced sluggish growth once again in October reflecting ongoing challenges.
  • Georgia’s medical cannabis programme set to expand further as patient enrolment reaches 25,000 and demand climbs.
  • Washington D.C. cannabis consumption dwarfed by Vermont only, a U.S. study finds.
  • Will Sacramento allow cannabis lounges? City council set to discuss proposal this week.

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Canada
  • Surrey’s ambitious cannabis expansion plans could intensify competition for commercial space.
  • Canopy Growth launches Claybourne infused premimum pre-rolls in Canada, targeting consumers.
  • High Tide to open its third Canna Cabana dispensary in Hamilton, Ontario, expanding its retail footprint in the region.
  • Canadian cannabis REIT Nova plans liquidation, offers unit holders premium payout after $3.71M sale.
  • SNDL renews C$100 million share repurchase program to return value to shareholders.
  • Allied Corp. completes 30kg shipment to Portuguese channel partner, launching supply contract with the United Kingdom.

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LATAM & The Caribbean

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APAC

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Africa & The Middle East
  • Botswana’s new leader plans to boost the economy with both cannabis and solar energy.
  • Advanced technologies like energy-efficient LEDs are revolutionising indoor cultivation in South Africa.
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