World

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|
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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|

Amsterdam’s Cannabis Tourism Dwindles, Paving the Way for New Global Hotspots

LOS ANGELES-- In a significant shift, Amsterdam, which has long been a hub for cannabis tourism, is recalibrating its stance on the industry amid rising concerns over crime and public disorder. This change is not only reshaping the city's approach but also potentially altering the global cannabis tourism landscape, paving the way for new destinations ...

September 11th, 2023|

Europe Contemplates Multidisciplinary Advisory Body to Steer the Future of Psychedelic Therapy

LOS ANGELES-- In a proactive move to integrate psychedelic therapy into the European healthcare landscape, the European Psychedelic Access Research and European Alliance (PAREA) is advocating for the establishment of a multidisciplinary advisory body. This body, as envisioned, would comprise individuals with substantial experience in the field of psychedelics, offering invaluable insights to regulators and ...

September 7th, 2023|

Swiss Pilot Program Explores Regulated Cannabis Sales

ZURICH — In an innovative exploration of the cannabis market, Switzerland has launched a pilot program named “Züri Can – Cannabis with Responsibility.” The program, which began on August 22, will be a three-year study concluding in 2026, aiming to gauge the impacts and feasibility of regulated cannabis sales. The study, reported by Swissinfo, permits ...

August 27th, 2023|

Germany’s Cabinet Advances Bill to Legalize Recreational Cannabis Amidst Controversy

BERLIN — Germany's cabinet gave the green light to a divisive bill on Wednesday that aims to legalize recreational cannabis use and cultivation, positioning Germany to have one of the most liberal cannabis statutes in Europe. This move could potentially drive a global trend towards similar legalizations. Pending parliamentary approval, the proposed law would authorize ...

August 16th, 2023|

Organigram Holdings Partners with 4C LABS to Supply Medical Cannabis to the UK

LOS ANGELES— Organigram Holdings Inc., a recognized licensed producer of cannabis, announced today its strategic expansion into the UK market. The company has inked a supply agreement with 4C LABS, an emerging healthcare, tech, and pharmaceutical firm. This collaboration focuses on the virtual prescription, distribution, and clinical enhancement of cannabis-infused products for human health in ...

August 16th, 2023|

Germany’s Cannabis Legalization: The Debate Over Edibles and Public Health

BERLIN-- Germany is currently embarking on a significant journey toward cannabis legalization, with ministers unveiling a national cannabis reform strategy. The plan involves legalizing personal freedoms like possession and cultivation, as well as noncommercial cannabis clubs. It's a multifaceted approach to legalization that could lead to regional pilot programs. A contentious issue in this reform, ...

August 10th, 2023|
  • Fast Buds - German cannabis legalisation

German Cabinet Expected to Approve Cannabis Legalization Plan Next Week

BERLIN --Germany's federal cabinet is anticipated to approve the first part of the government's cannabis legalization plan next week, according to Health Minister Karl Lauterbach. In an interview with Rheinische Post, Lauterbach stressed that the reform would be accompanied by a "major campaign" to educate the public about the risks associated with cannabis use. "I ...

August 9th, 2023|

Germany’s Cannabis Endeavors Navigate Potential Hurdles Within EU Laws

BERLIN–In Germany's persistent pursuit of cannabis reform, an unexpected twist has emerged: the country's aspirations might find themselves at odds with European Union regulations, as highlighted by the German parliamentary research unit. Of particular concern is Germany's proposal for cannabis clubs, an initiative that could prove to be legally intricate within the confines of EU ...

August 6th, 2023|

Legisladores Colombianos Reintroducen Proyecto de Ley para la Legalización del Cannabis en Todo el País

BOGOTA-- Los legisladores colombianos han dado un nuevo paso hacia la legalización del cannabis en todo el país al reintroducir un proyecto de ley durante la próxima sesión legislativa. Este esfuerzo renovado llega apenas un mes después de que la versión anterior se estancara en el Senado, y sus defensores están decididos a impulsar la ...

July 25th, 2023|

Colombian Lawmakers Reintroduce Bill to Legalize Cannabis Nationwide

BOGOTA-- Colombian lawmakers have taken another step toward nationwide cannabis legalization by reintroducing a bill during the upcoming legislative session. This renewed effort comes just a month after the previous version stalled in the Senate, and its supporters are determined to push the reform forward. The legislation was previously approved in both chambers last year ...

July 25th, 2023|

Albanian Parliament Greenlights Legislation for Medical and Industrial Cannabis Industry

LOS ANGELES-- In a significant move, the Albanian parliament has taken steps to establish a legal and regulatory framework for the burgeoning medical and industrial cannabis sector. With resounding support, lawmakers voted in favor of the bill, with 69 votes in favor, 23 against, and three abstentions, signifying a clear mandate for the nascent industry. ...

July 25th, 2023|

Germany’s Adult-Use Cannabis Policy Takes Shape: What We Know So Far

LOS ANGELES-- Germany is making significant progress in shaping its adult-use cannabis policy, with key details emerging during a recent press conference. While some aspects still require further exploration, here is what we currently know about the initial phase of legalization: Legal age: The legal age for cannabis consumption will be set at 18 years ...

July 19th, 2023|

Ukraine Parliament Gives Initial Approval to Medical Cannabis Legalization Proposal

KYIV-- The Ukraine Parliament has taken a significant step towards the legalization of medical cannabis by granting initial approval to a proposed legislation. The bill, which still requires potential amendments and a second reading, must pass these stages before it reaches President Volodymyr Zelensky for final approval, as reported by the Kyiv Post. According to ...

July 14th, 2023|

Luxembourg Becomes Second EU Country to Legalize Personal Cannabis Use and Cultivation

LOS ANGELES-- Luxembourg, a European Union member nation, has taken a significant step in cannabis reform by legalizing the possession and cultivation of cannabis for personal use. According to a report by Forbes, Luxembourg became the second EU country, following Malta, to embrace such measures. The law allows adults to possess up to three grams ...

July 2nd, 2023|

Antigua & Barbuda Support Religious Freedom by Legalizing Cannabis for Rastafarians

LIBERTA, Antigua — In a momentous stride toward religious freedom and cultural recognition, the government of Antigua and Barbuda has granted Rastafari adherents the authority to cultivate and utilize their sacred plant. This historic decision represents a significant milestone for Rastafari practitioners who have long endured incarceration and discrimination due to their sacramental use of ...

June 16th, 2023|

The Growing Green Wave: Cannabis Industry Emerges in Europe, Paving the Way for New Players

NICE, France-As European countries increasingly seek to legalize cannabis, companies from across the globe are eyeing opportunities in the budding market.  Calls to legalize cannabis are mounting across Europe, as a growing number of countries seek to replicate the progressive moves made by Canada and parts of the United States. From improving public health to ...

June 28th, 2023|

The Growing Green Wave: Cannabis Industry Emerges in Europe, Paving the Way for New Players

NICE, France-As European countries increasingly seek to legalize cannabis, companies from across the globe are eyeing opportunities in the budding market.  Calls to legalize cannabis are mounting across Europe, as a growing number of countries seek to replicate the progressive moves made by Canada and parts of the United States. From improving public health to ...

June 14th, 2023|

German Cannabis Policy Reform Takes Center Stage at ICBC Berlin 2023

BERLIN-- The International Cannabis Business Conference (ICBC) is gearing up for a timely and significant political discussion on cannabis policy reform in Germany. Building on the historic panel discussion held in 2021, where all major German political parties came together to discuss national cannabis reform, ICBC Berlin 2023 will once again serve as a platform ...

June 5th, 2023|
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