International Cannabis Weekly: 378
December 6, 2024
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UK CBD INDUSTRY SEES LIGHT AT THE END OF THE TUNNEL: FIRST AUTHORISED PRODUCTS EXPECTED BY SPRING 2025
In a long-awaited and major step forward for the UK’s CBD sector, the regulator has announced a new roadmap that could see the first products given official approval.
DEA’S CANNABIS RESCHEDULING HEARING SET TO BEGIN IN JANUARY
CZECH GPs WILL BE ABLE TO PRESCRIBE MEDICAL CANNABIS STARTING FROM NEXT YEAR
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Europe
- Ananda expands cannabis trials in the UK, aiming to meet regulators at critical needs.
- CBD starting to show promise as a new treatment option for endometriosis sufferers.
- Shaping Germany’s cannabis future: Insights from Business of Cannabis Berlin Executive Summit.
- Releaf’s training standards raise the bar for medical cannabis compliance across UK.
- France’s strict cannabis laws remain despite Europe’s highest consumption rates nationally.
- Flora Growth Corp. has renewed sales orders with Mirfa s.r.o. for the Czech Republic and Slovakia markets.
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New Report
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United States
- Blimburn Seeds announces global partnership with cannabis pioneer Steve DeAngelo as ambassador.
- Project Champion helps underserved cannabis farmers comply with regulations and boost market success.
- NAACP urges New York governor to prioritise equity over big cannabis corporations.
- USDA modifies hemp insurance, revising crop rotation rules and excluding smoke damage coverage.
- Nebraska attorney general plans Supreme Court challenge to voter-approved medical marijuana measures.
- Nevis Brands expands cannabis beverage licensing, targeting new markets with diverse product offerings.
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Canada
- Quebec’s SQDC introduces cannabis vaping products to expand options for local consumers.
- High Tide launches new membership program across UK, US, and EU with products.
- HYTN secures UK import permits and prepares shipments for international export markets.
- Avicanna delivers proprietary cannabis products to multinational pharmaceutical company as distribution expands.
- Entourage Health improves revenue by 8% and reduces losses in its latest quarter.
- Health Canada cannabis program faces $20 million budget reductions over three years.
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LATAM & The Caribbean
- Brazil surpasses 672,000 patients receiving medical cannabis treatments under expanding healthcare program.
- Brazilian cannabis parliamentary front announces selected projects from 2024 government funding initiative.
- Costa Rica cancels proposed referendum on legalising recreational cannabis, citing public opposition concerns.
- New provincial program promotes therapeutic cannabis use with enhanced access and resources available.
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APAC
- Gro Vida secures Australian market partnership with Lyphe to grow medical cannabis offering.
- Rua Bioscience seeks $3 million funding to expand medicinal cannabis development operations.
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Africa & The Middle East
- Israeli Economy Ministry unveils plans to expand the competiviness of its cannabis market.
- South Africa’s cannabis reform celebrated as industry marks key milestones and growth potential.
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