International Cannabis Weekly: 383
January 17, 2025
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THE DEA HAS BEEN ACCUSED OF BIAS IN CANNABIS RESCHEDULING HEARINGS
In a new twist on Wednesday, a judge ordered the agency to respond to allegations that it opposes President Joe Biden’s directive of August 2023 to reschedule cannabis and that it is improperly conferring with cannabis opponents.
FIRST PRODUCTS REGISTERED IN UKRAINE BY CURALEAF AHEAD OF MEDICAL CANNABIS ROLLOUT
UK CBD BUSINESS SUES GOVERNMENT FOR £3.4M OVER ‘UNLAWFUL’ SEIZURE OF HEMP
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Europe
- UK IBD patients report an improved quality of life with medical cannabis treatments.
- The Czech Republic announces that it will allow the sale of cannabis products containing up to 1% THC.
- Aurora launches internship program in Germany to support cannabis sector development.
- High Tide acquires 51% of Purecan to enter Germany’s medical cannabis market.
- Tilray acquires Canadian beer brand in continued push for diversified cannabis offerings.
- Synbiotic announces four new investments in 2024, with further acquisitions planned for 2025.
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New Report
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United States
- Study highlights reductions in opioid use following implementation of medical cannabis laws.
- Wisconsin GOP senator supports medical marijuana legalisation but opposes state-run dispensaries.
- Intest partners with Prodigy USA to expand cannabis product development and distribution.
- Ascend Wellness closes US$15 million private placement of senior secured notes for expansion.
- California cannabis group announces new funding program to boost equity participation.
- SEC fines Acreage Holdings US$225,000 for providing misleading financial statements to investors.
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Shortwave Pharma
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Canada
- Cannabix announces hardware advancements for marijuana breathalyser technology to detect impairment.
- Canadian medical cannabis exports rise, reflecting strong international market demand.
- Experts call for public funding to address ethical challenges arising from cannabis research.
- Toronto hosts cannabis insolvency conference amid financial challenges in the industry.
- Trudeau’s potential exit raises questions about the future of cannabis policy in Canada.
- Tilray CEO remains optimistic despite missing Q2 earnings expectations in latest results.
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LATAM & The Caribbean
- Guyana appoints CEO for regulatory authority, paving way for hemp industry launch.
- Neuquén province supports hemp cultivation with projects at Mari Menuco lake region.
- Greencare receives approval to begin research on cannabis-based medications in Brazil.
- Uruguay experience significant increase in number of legal cannabis buyers in 2024.
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APAC
- Somai Pharmaceuticals partners with Paccan to expand cannabis operations in Thailand.
- Pakistan hosts its first international event on industrial hemp value chain development.
- Malaysia opens new Hemp Science Centre to advance research at an industrial level.
- UIC introduces cannabis cultivation training day, expanding education opportunities in Australia.
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Africa & The Middle East
- Morocco’s legal cannabis farmers prepare for potential recreational legalisation in the country.
- Zimbabwe’s $16.9M agro-industrial park includes a focus on hemp industry development.
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