International Cannabis Weekly: 173

NEW REPORT DELIVERS COMPREHENSIVE OVERVIEW OF LATIN AMERICA AND CARIBBEAN CANNABIS MARKET

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HIGHLIGHTS

• Argentina legalises medical cannabis self-cultivation & sale of hemp oil.
• Israeli government plans to legalise adult-use cannabis within nine months.
• Spanish patients unable to access medical cannabis despite consumption decriminalisation.
  

• Germany’s BvCW proposes a framework for a regulated CBD market.
• Eve & Co announces first commercial shipment of EU-GMP cannabis to German partner.
• Panaxia receives marketing approval for medical cannabis in Germany.
• UK medical cannabis company Hilltop Leaf receives development agency funding.
• Malta’s Chamber of Commerce sets up a section for the medical cannabis industry.
• Jushi Holdings receives provisional licence for medical cannabis cultivation in Portugal.
• Halo Labs completes acquisition of UK cannabis distributor Canmart.
• Italian study finds cannabis extracts relieve symptoms of burning mouth syndrome.

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• The House of Representatives is set to vote on federal cannabis legalisation in December.
• GW Pharmaceuticals begins recruitment for US-based Sativex trial for multiple sclerosis.
• Cannabis regulators from 19 states form a group to coordinate cannabis legalisation.
• Texas lawmakers propose cannabis legalisation and medical cannabis expansion.
• New Jersey Senate advances cannabis legalisation bill days after vote.
• New poll finds that 68% of Americans support cannabis legalisation.
• Ayr Strategies agrees to acquire a vertically integrated cannabis operation in Arizona.
• Minnesota researchers develop a test that predicts plants’ CBD and THC content.

• Canadian cannabis stocks soar as Biden wins presidential election.
• Tilray sees net losses shrink to CA$2.3 million in published Q3 2020 results.
• Aurora reports adjusted EBITDA loss of CA$57.9 million in Q1 2021 results.
• Canadian researchers launch study on the effects of smoked cannabis on the brain.
• TerrAscend agrees to acquire HMS Health from Curaleaf for CA$27.5 million.
• Canopy Growth reports revenue high of CA$135 million in Q2 2021 results.

• Mexican senators plan to vote on the revised cannabis legalisation bill this week.
• Uruguayan officials are studying the possibility of selling regulated cannabis to tourists.
• Colombia legislature shelves initiative to legalise adult-use cannabis.
• AusCann sells its interest in DayaCann to GrowForChile and Telor International.
• Jamaica’s government seeks to resolve banking issues for its medical cannabis industry.
• Costa Rica legislators endorse the legalisation of medicinal cannabis.

• Little Green Pharma enters a strategic partnership with Health Insurer Fund of Australia.
• Thailand’s Health Minister claims the nation’s medical cannabis clinics are a success.
• New Zealand government is urged to subsidise cannabis medicines to ensure affordability.
• New Zealand grants Puro a licence to plant 10 hectares of medical cannabis.

• Canonic receives IMC-GAP approval for the operation of its cannabis propagation farm.
• CanBreed reports first-ever successful genetically edited cannabis.
• Nutritional Holdings receives a two-year contract to supply cannabidiol in Japan.
• Cannsun announces first harvest of medicinal cannabis in South Africa.