International Cannabis Weekly: 386
February 7, 2025
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AMENDMENT BRINGS FULL CANNABIS REGULATION TO CZECH PARLIAMENT AFTER LONG DELAY
An amendment that would see a full commercial adult-use cannabis market established in the Czech Republic has finally been brought to the government after months of waiting.
CANNABIS DEBANKING SENATE DISCUSSION RAISES HOPES FOR REFORM, LIFTING STOCKS
GLOBAL CANNABIS REGULATORY SUMMIT HELPS SHAPE FUTURE LEGISLATION
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Europe
- Austria imposes a tobacco tax on cannabis flowers, sparking industry concerns.
- UK medicinal cannabis sector could be a boost farmers’ incomes, according to Tory MP.
- Medical Cannabis vs. Opioids: Exploring whether it offers a safer and better alternative.
- Fifth Dutch cannabis experiment grower, Leli Holland, to start deliveries on 7 February.
- A look inside the UK’s legal medicinal cannabis industry and its growing challenges.
- Scottish mother fights to access cannabis treatment for toddler’s rare medical condition.
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BOFC x MJ
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United States
- Virginia legislature votes to legalise recreational marijuana sales, moving closer to market launch.
- Congressional research service says cannabis rescheduling faces legal uncertainties and industry challenges.
- Pennsylvania governor renews cannabis legalisation push, citing lost revenue to neighbouring states.
- Texans support legal cannabis, but political obstacles continue to delay reform efforts.
- Innovative Industrial Properties its resolves financial default issue with PharmaCann.
- The state of Minnesota is preparing to open the application process for cannabis business licenses later this month.
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Shortwave Pharma
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Canada
- TerrAscend announces preliminary Q4 2024 financial results, highlighting key performance metrics.
- Organigram Holdings Inc. will release its financial results for the first quarter of fiscal year 2025 on February 11.
- Wholesale cannabis flower prices in Canada face volatility in 2025 market outlook.
- Study finds opening cannabis retailers does not increase emergency department visits.
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LATAM & The Caribbean
- Jamaican cannabis sector calls for reforms to allow edibles and boost market growth.
- Bahamas government to begin accepting cannabis licence applications by second quarter of 2025.
- Caribbean cannabis market expands as new legislation unlocks regional opportunities.
- Colombia is poised to become a new major player in the European cannabis market.
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APAC
- Western Australia invests in hemp innovation to drive agricultural and industrial applications.
- NICM recruits patients for cannabis research on overlooked health conditions in Australia.
- Little Green Pharma poised to complete its discounted acquisition of Health House.
- ACT cannabis cultivators expand operations under mild but evolving legislation.
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Africa & The Middle East
- South Africa’s cannabis reform faces government control challenges amid rising illicit market concerns.
- IM Cannabis navigates regulatory and market shifting amid geopolitical instability.
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