World

Morocco’s Pioneering Cannabis Harvest Yields 294 Metric Tons Amid Legal Shift

LOS ANGELES- In a historic development for Morocco and its agricultural sector, the nation's first legal cannabis harvest has culminated in a substantial yield of 294 metric tons in 2023. This milestone follows the country's legislative reforms allowing the cultivation and export of cannabis for medicinal and industrial purposes, a move overseen by the Moroccan ...

March 18th, 2024|
  • Seizure of contraband and unauthorized items at Archambault Institution

Thailand’s Shift: From Decriminalization to Recreational Cannabis Ban

LOS ANGELES- Thailand's journey with cannabis policy has taken a significant turn as the nation's health minister, Cholnan Srikaew, announced plans to reinstate a ban on recreational cannabis use by the end of the year. This move aims to curb non-medical usage while maintaining the legality of cannabis for medicinal purposes, marking a pivot from ...

March 3rd, 2024|

Ukraine Embraces Medical Cannabis: A New Frontier in Healthcare

NEW YORK- On February 15th, Ukrainian President Volodymyr Zelenskiy inked his signature on a bill that legalized the medical use of cannabis, as revealed by a parliamentary database on Thursday. This pivotal move followed advocacy from lawmakers and medical experts, who highlighted the urgent need for cannabis-based medication, particularly for more than 6 million individuals, ...

February 28th, 2024|

Israel Probes Canadian Cannabis Imports

NEW YORK- In a significant development within the global cannabis sector, Israel has initiated an investigation into the importation of Canadian medical cannabis. This move comes against a backdrop of allegations suggesting that Canadian firms are engaging in "dumping" practices, where goods are sold in foreign markets at prices lower than those in the domestic ...

February 19th, 2024|

Ukraine Enacts Medical Cannabis Legislation Amidst Ongoing Conflict

KYIV— In a historic move, Ukrainian President Volodymyr Zelensky has officially signed into law legislation that legalizes the use of medical cannabis, marking a significant policy shift in the country. This legislation comes as a response to the urgent health needs arising from the protracted conflict with Russia, targeting conditions prevalent among the affected populations, ...

February 18th, 2024|

Thailand’s Cannabis Industry Faces Major Shift with New Draft Law

In a significant move that could reshape the cannabis landscape in Thailand, the government is preparing to introduce a draft law aimed at curbing the sale of cannabis for adult use and refocusing the burgeoning industry towards medicinal purposes. This pivot comes after a period of rapid growth in the recreational cannabis sector, sparked by ...

February 12th, 2024|
  • Fast Buds - German cannabis legalisation

Germany Poised for Historic Cannabis Legalization: Implications and Challenges

BERLIN- Germany is on the cusp of a historic shift in its cannabis policy, with Health Minister Karl Lauterbach announcing plans for cannabis legalization this spring. This move places Germany alongside a growing list of countries in Europe and globally that are reforming their cannabis laws. Currently, cannabis possession and consumption are illegal in Germany, ...

January 31st, 2024|

Belgium’s Drug Policy Reform: A Deliberate Move Toward Decriminalization Inspired by Portugal’s Model

BRUSSELS- Belgium is currently considering significant reforms in its drug policy, a move inspired by Portugal’s successful decriminalization model. Ine Van Wymersch, Belgium’s National Drug Commissioner and a former prosecutor, is advocating for the decriminalization of the possession and use of illegal drugs. This approach marks a shift from punitive to curative strategies in dealing with ...

January 15th, 2024|
  • Cannabis Extraction Market, Licensed Medical Cannabis Distributor in Germany, Medical Cannabis Market

Czech Republic Unveils Compromise Cannabis Regulation Draft Amid Diverse Political Views

PRAGUE— The Czech government recently released its anticipated draft regulations for cannabis cultivation and consumption on January 10, marking a significant, albeit tentative, step in cannabis policy reform. This draft, described as a "compromise version" by the Czech Pirate Party, a liberal faction instrumental in its formulation, suggests ongoing negotiations for more comprehensive regulations. As ...

January 14th, 2024|

Thailand’s Backpedal on Cannabis: New Bill to Ban Recreational Use Amid Regulatory Challenges

WORLD- Thailand's journey with cannabis legalization has taken a sharp turn as the government proposes new regulations to curb what it perceives as unintended recreational use. A draft bill, introduced on January 9, aims to impose stringent restrictions and penalties on the recreational consumption and sale of cannabis, marking a significant shift in the country's ...

January 11th, 2024|

Germany’s Path to Cannabis Legalization: A Potential Boon for Global Markets and U.S. Investors

BERLIN — Germany's recent announcement to legalize recreational cannabis use for adults has set the stage for what is expected to be a multi-billion dollar market, sparking significant interest from investors, companies, and countries worldwide, including the United States. Investor Enthusiasm Peaks A survey conducted by Bloomwell Group, a leading European cannabis market player, revealed ...

January 8th, 2024|

Ghana Joins Growing List of African Nations Legalizing Cannabis for Medical and Industrial Use

WORLD- Ghana has recently taken a significant step in cannabis reform by legalizing its cultivation for medical and industrial purposes. This decision, made by the Parliament earlier this month, positions Ghana in line with a global trend that is reshaping cannabis laws and could potentially unlock vast economic and employment opportunities within the nation. The ...

December 27th, 2023|

Ukraine Moves to Legalize Medical Cannabis

KIEV- In a landmark decision, Ukrainian lawmakers have passed a bill to legalize medical cannabis, marking a significant step in providing relief for patients suffering from cancer and post-traumatic stress disorder (PTSD). The bill, which is now awaiting the signature of President Volodymyr Zelensky, is seen as a major advancement in the country's healthcare policy. ...

December 25th, 2023|

Italian Cannabis Reform Campaign Nears Signature Milestone in Record Time

ROME — In an unprecedented surge of public support, a campaign for cannabis reform in Italy has achieved nearly half the required signatures in just one week to bring the issue before the Parliament. This development signals a growing momentum in Europe for cannabis legislation, following Germany's anticipated legalization of adult-use cannabis in 2024. The ...

December 20th, 2023|

Japan’s Revision of Cannabis Drug Law

WORLD- In a historic move, Japan has taken significant steps toward reshaping its stance on cannabis, reflecting a nuanced approach to the burgeoning global interest in cannabis-derived pharmaceuticals and industrial hemp. The latest amendment to Japan's Cannabis Control Law, passed by a majority vote in the House of Councillors, marks a departure from some of ...

December 13th, 2023|
  • Ayr Wellness, Cannabis Retail

KwaZulu-Natal Boosts Hemp To Revitalize Economy

WORLD- In a significant move for South Africa's burgeoning hemp sector, the province of KwaZulu-Natal (KZN) has awarded 664 licenses for the cultivation, storage, and transportation of industrial hemp, as reported by The South African. This decision, announced in October, marks a pivotal moment in the region's agricultural and economic landscape. KZN's Department of Agriculture ...

December 11th, 2023|
  • Fast Buds - German cannabis legalisation

Germany’s Cannabis Legalization Vote Postponed Amid Political Hurdles and Public Debate

BERLIN- Germany's anticipated vote on legalizing cannabis, a significant step in the country's journey towards legalization, has been deferred to next year. This postponement, influenced by the Social Democratic Party (SPD)'s concerns, represents the latest in a series of delays for the legalization process. Implementation Plans Should the bill receive approval, its initial phases, including ...

December 5th, 2023|
  • Fast Buds - German cannabis legalisation

Germany Amends Cannabis Legalization Bill, Balancing Reform and Regulation

  BERLIN- German lawmakers have significantly revised the country's cannabis legalization bill, incorporating feedback from cannabis reform advocates and aiming for the bill's enactment in the upcoming spring. This development, as reported by Marijuana Moment, marks a pivotal moment in the country's approach to cannabis regulation. The revised bill, emerging from intensive negotiations, includes key ...

November 27th, 2023|

Switzerland Greenlights First Legal Cannabis Dispensaries in a Milestone for European Policy

LOS ANGELES— In a landmark move that signifies a significant departure from traditional European cannabis policies, Switzerland's Federal Office of Public Health has given its nod to the establishment of the continent's first legal adult-use cannabis dispensaries. This progressive venture, dubbed the "Grashaus Projects" pilot study, is set to kick off in Basel-Landschaft later this ...

October 29th, 2023|

InterCure Responds to Israeli Security Crisis: Operations Impact and Company Commitment Highlighted

  TEL AVIV — InterCure Ltd., operating as Canndoc, a medical cannabis firm in Israel and globally outside North America, today addressed the recent security situation in Israel and its repercussions on the company's operations and employees. On October 7, 2023, Israel's southern border witnessed a breach by Hamas terrorists who launched a series of ...

October 22nd, 2023|
  • Fast Buds - German cannabis legalisation

Germany Contemplates Cannabis Legalization Amid Mixed Responses

BERLIN — The German federal parliament is set to weigh in on a pivotal cannabis reform bill, marking a potential tectonic shift in the nation's stance on the plant. Championed by Chancellor Olaf Scholz, this proposed legislation could metamorphose Germany's drug policy, wherein recreational cannabis is currently proscribed. Central to this bill is the aspiration ...

October 20th, 2023|

Colombia Pivots Drug Policy Amid Global Changes

LOS ANGELES- In a bold move reflecting the changing landscape of the worldwide narcotics struggle, Colombia has introduced a fresh drug policy, signaling a significant departure from traditional enforcement-centered methods. President Gustavo Petro accentuated the evolving global attitude towards drug enforcement, highlighting the notable shift in U.S. drug policies. In the official proclamation, Petro clarified ...

October 18th, 2023|

Bank of Korea Initiates Central Bank Digital Currency Pilot Program

SEOUL — In a significant move to digitize its currency infrastructure, The Bank of Korea (BOK), in collaboration with the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), is rolling out a pilot program to investigate the potential adoption of a central bank digital currency (CBDC). This initiative will scrutinize the viability of ...

October 9th, 2023|

The Netherlands Sets December Launch for Cannabis Pilot Program in Breda and Tilburg

AMSTERDAM — The Netherlands has designated December 15 as the inception date for its highly anticipated cannabis pilot program, set to commence in the cities of Breda and Tilburg. This experiment, previously slated to begin in 2020 but experiencing multiple postponements, will involve the legal cultivation and distribution of cannabis in select cities. The initial ...

September 25th, 2023|

A Glance at Denmark’s Cannabis Destruction Data: Implications for the Medical Pilot Program

COPENHAGEN- Reporting from MJBizDaily shows tat Denmark destroyed 100 tonnes of cannabis, the article went on to describe how Denmark has a cannabis industry, recent data released by the Danish Parliament’s Health Committee has brought to light a noticeable trend in Denmark’s burgeoning medical cannabis sector, revealing that a significant portion of legal cannabis produced ...

September 20th, 2023|
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