International Cannabis Weekly: 129

• Prohibition Partners to co-host Cannabis Conclave at Davos 2020.
• Illinois legal cannabis sales reach nearly $11 million in first week of sales.
• Moroccan government agrees to discuss two draft bills on cannabis cultivation.
• Stephen Murphy, MD of Prohibition Partners, to speak at Asian Hemp Summit.

• Greek hemp stakeholders are ramping up efforts to clear a path for producers.
• Spain to play host to international cannabis leaders.
• Malta’s candidates for prime minister both open to cannabis legalisation.
• Purpose Investments launches Europe’s first cannabis ETF.
• Germany’s public prosecutor seeks prison sentence for sale of hemp teas.
  
• The French Syndicat du Chanvre is finalising its White Paper on France’s CBD Market.
  

• Legal cannabis linked to decline in Canadian beer consumption.
• US Food and Drug Administration eases path to market for cannabis testing devices.
• Illinois releases applications for three new types of cannabis licence.
• Aurora seeks sale of $17 million greenhouse in Ontario.
• A Mississippi measure to legalise medical cannabis qualifies for the 2020 ballot.
• Constellation Brands reports a $71.1 million loss on Canopy Growth investment.Harvest Health & Recreation seeks to terminate merger with Falcon International.

• Thailand opens its first two full-time medical cannabis clinics.
• New Zealand’s health ministry approves use of UV technology in cannabis cultivation.
• Two cannabis companies make significant gains on the Australian stock exchange.
• First domestically brewed hemp beer launches in China.

• Trinidad and Tobago to remove cannabis possession charges from criminal records.
• British Virgin Islands to begin sales of medical cannabis ‘early this year’.
• Mota Ventures enters Carribean CBD market with acquisition of Tropical Verde Coast.

• South Africa’s black farmers are struggling to enter the country’s cannabis market.
• Israel imports 250 kgs of medical cannabis to alleviate shortages.

• Review finds CBD may alleviate symptoms of certain mental health disorders.
• Low dose combination CBD and THC can reduce nausea, concludes new animal study.
• Cancer treatment studies ‘unanimously suggest the therapeutic efficacy of CBD’.

The Consumer Choice Center and Prohibition Partners are pleased to announce that the Cannabis Conclave will be returning to Davos, Switzerland on January 23, 2020.

As the world’s most influential executives, activists, and change-makers descend on Davos, the conclave will ensure that the international cannabis market is front and center in the global discussion.

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CANNABIS EUROPA MADRID

Cannabis Europa is Europe’s leading medical cannabis conference series bringing together international leaders from the worlds of science, policy and business. Book your place now.

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The European cannabis market is expected to be worth US$39.1 billion by 2024, with the UK forecasted to contribute US$4.3 billion towards that total. A number of regulatory hurdles remain, but the UK is set to become a major hub for investment and innovation over the next five years.

Download The UK Cannabis Report to learn more about the developing opportunities in the British cannabis sector.

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