International Cannabis Weekly: 379
December 13, 2024
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‘THE WAY IS CLEAR’: GERMAN MUNICIPALITIES GEAR UP FOR CANNABIS RESEARCH PILOTS
‘The way is clear’ for Germany’s growing list of municipalities, universities and cannabis businesses to launch model research projects into adult-use cannabis.
UK REGULATORS SIGNAL GOAL FOR ‘ZERO DETECTABLE THC’ IN CBD PRODUCTS
NETHERLANDS’ COFFEESHOP EXPERIMENT TO ENTER NEW PHASE IN APRIL 2025
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Europe
- Portugal looking to become a global medical cannabis hub amidst growing demand.
- Barney’s Farm, Sensi Seeds, and ILGM announce their merger and IPO launch plans.
- Berlin reports drop in cannabis-related crime following recent legalisation developments.
- British Cannabis focuses on pioneering strain-specific sublingual oils for the UK market.
- Automation, compliance, and decontamination driving efficiency in scalable cannabis production globally.
- Poland’s medical cannabis crackdown sees a bump in sales, while Ireland’s cannabis future uncertain post-election.
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New Report
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United States
- New data supports use of Epidiolex for treating tuberous sclerosis complex patients.
- Texas proposes blanket THC ban in a move expected to decimate the hemp industry.
- GOP congressman and DC officials push to end the federal ban on marijuana sales.
- New York expects US$1 billion in cannabis sales, urging local purchases this holiday season.
- Canopy Growth completes acquisition of Acreage Holdings, expanding US cannabis footprint.
- US cannabis industry growth slows to a crawl amid price compression and delayed federal reform.
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Canada
- Canada’s legalisation shifts consumers from illicit markets, with youth use remaining steady.
- Organigram acquires Motif for $90M, solidifying market leadership in Canadian cannabis.
- Tilray Canada launches THC beverage campaign with XMG and Mollo for holidays.
- Organigram becomes Canada’s largest cannabis company by market share after Motif acquisition.
- Only 5% of cannabis purchases in Canada now come from illicit sources.
- Xebra Brands extends warrants, reflecting strategic adjustments to its long-term business plans.
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LATAM & The Caribbean
- Paraguay plans to raise THC limits for hemp production in order to boost industry growth.
- Espírito Santo develops cannabis production programs, boosting Brazil’s medicinal cannabis sector.
- Brazilian Ministry of Health to lead technical chamber on medicinal cannabis regulation.
- Buenos Aires advances legislation for medicinal cannabis use, supporting patient access and growth.
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APAC
- Japan’s CBD industry receives first public investments after recent regulatory reforms.
- Cannim to feature on global TV series ‘High Science,’ promoting cannabis innovation.
- Leafio opens new distribution facility in Sydney, expanding reach across Australian markets.
- Rua Bioscience secures $12M funding despite challenging New Zealand medicinal cannabis market.
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Africa & The Middle East
- South Africa’s R28 billion cannabis industry faces major regulatory changes and growth potential.
- Syqe Medical launches clinical trial of cannabis-based treatment for diabetes in African patients.
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