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Thailand Becomes First Asian Country to Legalize Cannabis

NEW YORK - Thailand made headlines last week when it became the first country in Asia to decriminalize Cannabis, making it legal to grow and sell or use for medicinal reasons. Thai Health Minister Anutin Charnvirakul expects legal cannabis production to boost the economy, but warned that recreational cannabis use remains illegal. The public health ...

June 16th, 2022|

Cannabis Community Creates Social Impact During Asian Pacific American Heritage Month Through STIIIZY Joint Efforts

LOS ANGELES - STIIIZY, the #1 cannabis retailer in California and flagship brand of Shryne Group Inc., presents its "Joint Efforts" social impact program during Asian Pacific American Heritage Month. Founded during the pandemic last year, Joint Efforts is a series of volunteer initiatives that encourage and allow Shryne Group employees to give back to ...

May 12th, 2022|

Spanish Police Bust ‘Europe’s Biggest’ Cannabis Grow

MADRID- In an operation to remove what police said was Europe's largest cannabis plantation, Spanish officials destroyed 415,000 hemp plants valued up to 100 million euros ($108 million). Around 50 tonnes of the plants were being dried in a warehouse for the production of cannabidiol (CBD), a non-psychoactive chemical that is increasingly being used to ...

April 13th, 2022|

Thailand Becomes First Asian Country To Decriminalize Cannabis

BANGKOK—Thailand on Tuesday became the first country in Asia to approve the de facto decriminalization of cannabis, though authorities have left a grey area around its recreational use. Health Minister Anutin Charnvirakul announced that the Narcotics Control Board had approved the removal of cannabis from the ministry’s list of controlled drugs. The delisting by the ...

February 10th, 2022|

Leafy Tunnel Announces First Closing of Medical Cannabis & Psychedelics Fund

LONDON–Leafy Tunnel Ltd, an early stage venture capital firm which acts as the investment adviser to Leafy Tunnel Fund 1, has announced the first closing of its Guernsey-based fund that invests in medical cannabis and psychedelics. The investment strategy of the fund focuses on European medical cannabis and global medical psychedelics companies at Seed and Series A stages. The fund ...

February 1st, 2022|

US Hemp & Cannabis Leaders Go To Costa Rica for Event Celebrating Costa Rica’s Imminent Cannabis Legalization

SAN JOSE, COSTA RICA–Experts in the medical cannabis and industrial hemp presenting subjects including; genetics, therapeutic medical applications, cultivation, construction, textiles, livestock feed, manufacturing, climate initiatives, science, and technology are presenting in San Jose, Costa Rica over a three-day event. Jan 27-29 focusing on the introduction and education related to these imminent legalized crops in ...

January 20th, 2022|

Opinión: Costa Rica Legalizó el Cannabis, ¿Qué Pasa Después?

SAN JOSE, COSTA RICA–Los legisladores costarricenses votaron a favor de la legalización del cultivo de cannabis medicinal en Costa Rica esta semana. La histórica votación, que debe ser firmada por su presidente, catapultará a Costa Rica a la vanguardia de la industria mundial del cannabis. Highly Capitalized se puso en contacto con Guillermo Argüello, presidente de ...

January 15th, 2022|

Costa Rica Legislators Legalize Medical Cannabis Sending Bill to President to Sign

COSTA RICA- Costa Rican legislators have agreed that farmers can now grow cannabis for medical purposes.  The law passed by the Costa Rican parliament, allowing cannabis cultivation, was approved Thursday, 13th January, with the support of 29 deputies, and with 10 deputies against. The new law aims to regulate and authorize access to cannabis and ...

January 14th, 2022|

Avicanna To Bring Its CBD-Based Drugs To Latin America Via Chilean Pharma Partner

TORONTO--Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products, is pleased to announce that through its majority owned subsidiary Santa Marta Golden Hemp the company has entered into a Master Supply Agreement with established Chilean pharmaceutical company Knop Laboratorios S.A. to supply ...

January 14th, 2022|

Cantourage Brings First Ugandan Medical Cannabis to Germany via Partnership with Together Pharma

BERLIN–European medical cannabis leader Cantourage and Israeli medical cannabis producer Together Pharma (TASE: TGTR) have formed a partnership that will see the first Ugandan medical cannabis brought to Germany. From today, pharmacies and patients throughout Germany will have access to two of Together Pharma's THC genetics: Glueberry OG® and Power Plant. - Partnership is a strong addition to Cantourage's platform, ...

January 12th, 2022|

Audacious Partners With Thailand-Based Golden Triangle Health To Bring CBD To Asian Market

LAS VEGAS– Terry Booth, CEO, of AUDACIOUS (CSE: AUSA) (OTC: AUSAF), announced the Company has entered into a term sheet in regards to the formation of a strategic partnership with Golden Triangle Health (GTH), a subsidiary of NR Instant Produce PCL, a leading southeast Asian food manufacturer and distributor based in Thailand, producing its own signature ...

January 12th, 2022|

Malta Becomes First EU Country to Legalize Adult-Use Recreational Cannabis

VALETTA–Malta's parliament approved the legalization of cannabis and cannabis cultivation for personal adult-use or, as it's called in America, 'recreational' cannabis- a first in Europe, although other countries tolerate cannabis use. Malta's move comes weeks after Luxembourg announced similar proposals.  Germany's new government also plans to legalize the recreational use of cannabis. Malta is usually ...

December 14th, 2021|
  • THC-based products

UAE Softens Drug Laws For Travelers With THC-based products

DUBAI— The United Arab Emirates has relaxed penalties for travelers who arrive in the country with THC-based products, the main intoxicant in cannabis. Famous for their harsh drug laws, the new law announced Sunday, says people caught carrying food, drinks and other items with cannabis (THC-based products) into the country will no longer land in ...

November 30th, 2021|

Germany Will Legalize Adult-Use Recreational Cannabis

BERLIN– Germany's incoming coalition government agreed to legalize cannabis as their new coalition government continue to hash out their plans for forming the new German government. The coalition partners plan to keep cannabis tightly regulated, but this paves the way for the development of wealthy Germany into the largest, single commercial market for adult-use cannabis ...

November 18th, 2021|

Awakn Life Sciences Signs Agreement with UK Health Service for Access to Psychedelic-Assisted Psychotherapy in the UK

TORONTO– Awakn Life Sciences Corp. (NEO: AWKN) (OTCQB: AWKNF) (FSE: 954), a biotechnology company developing and delivering psychedelic therapeutics to treat Addiction, announced today it has signed a Memorandum of Understanding with Devon Partnership NHS Trust (DPT) and University of Exeter. The partnership establishes a framework and strategic relationship to assess NHS organizational readiness for ...

November 17th, 2021|

Reuters: Cannabis Could Bring Germany $5 Billion Per Year in New Revenues

BERLIN– Legalizing weed in Deutschland could help Germany create new annual tax revenues of 4.7 billion euros ($5.34 billion). Further, cannabis is forecast to account for 27,000 new jobs in Germany according to a new research report just published today. The research, according to Reuters, was conducted by the Institute for Competition Economics (DICE) at ...

November 16th, 2021|

Malaysia To Allow Import And Use Of Cannabis For Medicinal Purposes

KUALA LUMPUR– Malaysia will allow the import and use of cannabis for medicinal purposes if the products comply with government regulations, Bloomberg reports, citing Health Minister Khairy Jamaluddin. Medical cannabis for medical treatments will require a prescription and by a registered medical practitioner or licensed pharmacist, Khairy said in a written response to parliamentary questions ...

November 11th, 2021|

First-Of-Its-Kind Research Planned In Australia On How Psilocybin Treats Anxiety

SYDNEY–Australian researchers plan the world's first study into whether magic mushrooms can help treat general anxiety. They plan to recruit participants with general anxiety disorder sometime next year. Incannex Healthcare will work with Monash University Human Research Ethics Committee to launch their second-phase clinical trial. They plan to test the medicine in conjunction with pre ...

November 1st, 2021|

HCN Investigates: 7 Reasons Why Cannabis Is Flourishing in Israel

TEL AVIV - HCN investigates the rise of cannabis in Israel. Israel has been a center of research and development for cannabis since the 1960's. Although, like every other country including the USA, Israel banned the recreational use of cannabis. But, unlike other countries, they continued permitting research into the plant by their university researchers. ...

October 29th, 2021|

Luxembourg Becomes First Country in Europe to Legalize Adult-Use Cannabis

LUXEMBOURG CITY– The tiny country of Luxembourg is set to become the first European nation to legalize the growing and use of cannabis, the government announced in a statement on Friday. The new initiative allows for adults recreational consumption of cannabis. All over 18's in Luxembourg will be allowed to use cannabis, and to grow up ...

October 27th, 2021|

Switzerland To Legalize Recreational And Medical Cannabis Usage

ZURICH– The Swiss government proposed this week to allow prescriptions for cannabis to treat people suffering from cancer or other serious conditions. Cultivation, trade and consumption of cannabis will no longer be banned in Switzerland following the conclusions of a Swiss government health panel. The panel evaluation cannabis said the laws should be changed, Swiss ...

October 20th, 2021|

Innocan Pharma Corporation Closes C$8.2 Million Private Placement with Institutional Investors

HERZLIY, Israel – Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) announced that it has closed its previously announced private placement of the Company's common shares and warrants to purchase common shares to institutional investors for aggregate gross proceeds to the Company of C$8 million. "Innocan Pharma is growing," said CEO Iris Bincovich. "This ...

October 14th, 2021|
  • Snoop Dogg Casa Verde Capital

Snoop’s VC Casa Verde Targets Booming European Cannabis Industry

LISBON–US rap artist Snoop Dogg is the co-founder of Casa Verde, a vulture capital (VC) fund based in Los Angeles that focuses on the cannabis industry. He's now turning his attention to Europe. Casa Verde announced on Tuesday it was investing $15 million (€13 million) into Portugal’s medical cannabis firm AceCann. It is the US ...

October 12th, 2021|

High Tide Enters U.K. Market Through Acquisition of Blessed CBD

CALGARY–High Tide Inc. (TSXV: HITI) (Nasdaq: HITI) (FSE: 2LYA), a retail-focused cannabis company manufacturing consumption accessories, is pleased to announce that it is taking another step towards solidifying itself as a major player within the global e-commerce marketplace for hemp-derived CBD products, by entering into a definitive agreement, pursuant to which High Tide will acquire ...

October 7th, 2021|

Kaival Brands to Launch UK Market

GRANT, Fla. - Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL), the global distributor of products manufactured by Bidi Vapor, LLC, announced its plan to launch distribution of its products in the United Kingdom. Following the U.S. Food and Drug Administration's decision to deny marketing authorization for flavored electronic nicotine delivery systems, which Bidi Vapor is ...

October 5th, 2021|
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