International Cannabis Weekly: 155

• Black market cannabis seizures plummet as legalisation progresses in North America.
• ‘Yes’ vote holds small lead ahead of New Zealand’s cannabis referendum.
• Cannabis 2.0 boosts legal cannabis sales in Canada.
• British Virgin Islands House of Assembly passes bill to legalise medical cannabis.

• Amsterdam city council votes to explore a ban on cannabis-flavoured products.
• There is ‘no excuse’ not to raise EU hemp THC limit to 0.3%.
• Canzon signs CBD product distribution deal to enter the German market.
• Spain’s AEMPS grants medical cannabis export licence to Medalchemy.
• Dutch cannabis supply to Germany partially restored after delays.

Opinion polls in New Zealand are showing a small lead for the ‘yes’ vote ahead of the referendum on adult-use cannabis legalisation to be held on September the 19th.

READ A FULL ANALYSIS OF THE DATA HERE

• Nebraska medical cannabis activists submit 182,000 signatures in ballot measure bid.
• Illinois reports record-breaking cannabis sales in June, totalling over US$47.6 million.
• Virginia lawmakers announce plans to introduce a cannabis legalisation bill next year.
• Dan Bilzerian’s cannabis company loses US$50 million, expected to fold.

• Edibles account for around 12% of total legal cannabis market, new figures reveal.
• Newfoundland and Labrador cannabis sales up 14% from last year.
• Licensed outdoor cannabis cultivators double as savings attract producers.
• Cannabis firms see a jump in insurance costs following a spate of investor lawsuits.
• Cannabis events firm Lift & Co. lays off almost all staff citing disruption from COVID-19.

• Mexico plans to finalise and implement medical cannabis regulations by September.
• Jamaica considers a new reduced-fees permit for farmers to encourage industry entry.
• Guam regulators plan to finalise draft cannabis rules for public comment by next month.
• Bahamian lawmakers criticised for ‘dragging their feet’ on cannabis reform efforts.
• PharmaCielo approved to produce ten tonnes of high-THC cannabis for extract exports.

• Althea Group commences first online medical cannabis sales in Australia.
• New Zealand’s Chief Science Advisor publishes overview of cannabis evidence.

• Panaxia Global reports record preliminary revenues for its Israeli operations.
• HEXO enters Israeli medical market and completes first 493-kilogram shipment.
• Cheeba Africa launches South Africa’s first online cannabis university.

• Researchers recommend more studies of CBD on COVID-19 lung inflammation.
• CBD-infused mouthwash outperforms normal products in new dental plaque study.
• Study finds older cannabis users have lower BMIs and are more active than average.

Prohibition Partners finds that the overall majority of cannabis/CBD/hemp-infused drinks consumers are men. However, in emerging markets where THC-infused products are not available & the market focus is on health and wellbeing, women are more likely to dominate the consumer space.

Learn more about consumer behaviour and purchase profiles surrounding cannabis-based beverages in the latest industry report from Prohibition Partners.

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