International Cannabis Weekly: 462

CURALEAF’S AURORA BID IS A FIGHT FOR EUROPE’S CANNABIS CROWN

Curaleaf Holdings (CURA) announced this week that it intends to launch an unsolicited take-over bid of its rival Aurora Cannabis (ACB) in what would mark one of the most consequential consolidation moves in industry history.

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GLOBAL CANNABIS USE UP 40% OVER LAST DECADE AS REFORM SPREADS

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ISREAL REOPENS ITS CANADIAN CANNABIS DUMPING CASE

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• Selling US-grown cannabis flower into Europe: what the margins really reveal about the market.
• Germany’s cannabis market surpasses €1.15 billion as reimbursement-driven growth begins to fade.
• France raises cannabis fine to €500 under new RIPOST law enforcement measures.
• European Union moves to simplify controls and oversight of industrial hemp cultivation.
• Village Farms reports latest financial performance from its Netherlands cannabis operations.
• Canada’s online cannabis retail market is offering some important lessons for UK sellers.
• Spanish study finds cannabis may help reduce symptoms of restless legs syndrome.
• German cannabis advocates rally in Berlin demanding broader legalisation during Hanfparade.

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• Georgia’s medical cannabis registry grows 22% as patient card processing backlog worsens.
• New York law expands cannabis showcase opportunities for licensed microbusinesses.
• NFP acquires Frontier Risk to expand its specialist cannabis business insurance operations.
• Michigan Republican lawmaker seeks to repeal cannabis tax increase amid business closures.
• Rhode Island restarts cannabis business licensing after litigation blocking previous process ends.
• Congress faces pressure to protect hemp THC beverages from looming federal prohibition.
• Vireo Growth set to become largest US cannabis operator following acquisition spree.

• Curaleaf announces proposed takeover of Canadian cannabis producer Aurora Cannabis.
• Rubicon Organics reports second-quarter results as Canadian cannabis company continues growth.
• Trulieve completes redomiciliation from British Columbia to Delaware following corporate restructuring.
• Canada’s cannabis and beer tax approaches compared as industry calls for fairer treatment.
• Organigram Global highlights latest financial performance and strategic priorities in earnings call.
• Women more likely to replace antidepressants with cannabis following Canadian legalisation.
• SQDC to host first-ever networking event connecting cannabis producers across Quebec.

• Argentine Patagonia community develops cooperative hemp farming for sustainable bioconstruction.
• Argentina approves new rules governing cannabis and industrial hemp use across the country.
• Paraguay sees medical cannabis as potential opportunity for expanding exports into US market.
• Cannect acquires Pill and targets R$200 million through new health and cannabis hub.

• Argent BioPharma targets $3 billion veterinary pain market with Cannepil following debt relief.
• Australian Senate inquiry shifts hemp debate from farming toward broader industrial development.
• India clears synthetic CBD anxiety drug, opening potential new cannabinoid medicines market.
• Neurotech outlines strategy to transform medicinal cannabis from interesting product into medicine.

• Rwanda outlines ambitions to develop its medical cannabis industry and attract investment.
• IM Cannabis raises $250,000 through convertible note financing to support business operations.