World
Legacy Cannabis Growers Raise Concerns as Eswatini Considers Legalization
JOHANNESBURG–In the Kingdom of Eswatini, the prospect of legalizing cannabis has sparked a contentious debate, with legacy cannabis growers expressing their objections to the potential changes. As the country considers embracing a regulated cannabis industry, these long-standing cultivators argue that their illicit cannabis trade has been a vital source of income and sustenance for generations. ...
Germany Shifts Plan for Cannabis Legalization to Nonprofits and Personal Use
LOS ANGELES-- German officials have scaled back their plans for the legalization of cannabis after consulting with the European Union (EU), according to the Associated Press. Instead of a widespread retail industry, regulators now plan for a lower-profile legalization modelled primarily by nonprofits and cannabis consumers themselves, rather than private industry. The revised plan would ...
Germany Legalizes Adult-Use Cannabis via Cannabis Clubs & Home Grow Cultivation
BERLIN--In a significant move towards drug policy reform, the German parliament today embraced the second and final readings of the CanG bill, marking a pivotal moment in the nation's approach to cannabis regulation. After an expected lively debate, CanG, short for Cannabisgesetz (Cannabis Law), was passed with 406 voting in favor and 226 voting against. ...
Germany Legalizes Adult-Use Cannabis via Cannabis Clubs & Home Grow Cultivation
BERLIN--The German government's plan to legalize cannabis has been scaled back, with home cultivation and cannabis social clubs becoming the primary means of supply for German cannabis users. The revised plan, presented by German health minister Karl Lauterbach, comes after months of discussions with the European Commission on the feasibility of Germany's preliminary plan to ...
Australian Nurses Call for Medicinal Cannabis Education in Undergraduate Degrees
The group wants education about the endocannabinoid system included in undergraduate nursing degrees. Seven years ago, the Federal Parliament passed legislation to legalise medicinal cannabis in Australia. Since then, most cannabis medications have been classified as unapproved therapies, which means permission is required from the Commonwealth Therapeutic Goods Administration (TGA) before a prescription is issued. ...
Switzerland’s Cannabis Market Set to Boom Following Test Market
ZURICH–In recent years, the legal cannabis market has been rapidly expanding in Switzerland, driven by changing attitudes towards the substance and its potential medicinal benefits. This development has been accompanied by a growing number of cannabis-related businesses and products, as well as increased government attention to the issue. While the future of cannabis in Switzerland ...
Australia Legalizes Psilocybin and MDMA Prescriptions for Mental Health
SYDNEY, Australia–It has been an extraordinary week in the world of mental health treatment. The province of British Columbia has recently legalized drugs, and now, in a momentous development, the Australian Federal Government has decided to allow the use of MDMA and psilocybin for the treatment of specific mental health issues. As of July 1st, ...
Bill To Legalize Cannabis Presented to Irish Parliament
DUBLIN, Ireland–A bill that would make cannabis use legal for personal use will be presented to the Dáil, the Irish parliament. Representative Gino Kenny of People Before Profit noted that although the bill was supposed to be introduced during the summer, it was postponed. Irelands Misuse of Drugs Act, which now governs cannabis possession, will ...
Germany to Legalize Recreational Cannabis Use
BERLIN– Chancellor Olaf Scholz's administration announced intentions to legalize cannabis on Wednesday, making Germany one of the first nations in Europe to do so. A foundational document on proposed legislation to oversee the restricted distribution and consumption of cannabis for recreational purposes among adults was submitted by Health Minister Karl Lauterbach. Additionally legalized would be ...
Catching the Wave: The International Cannabis Opportunity: Oldham Global Project Wave
NEW YORK–Undoubtedly, the cannabis industry is seeing major changes in the US and internationally, as more legal markets (both medicinal and recreational) are coming back online worldwide; therefore, it is expected to witness the influx of big players from other industries, as it is the case of Oldham Global, in shaping the future of our ...
”Grant’s Stock Picks” Capital Markets Scam? Or a Legitimate Company?
SASKATCHEWAN- ATTENTION all CEO's and IR agents in the capital market space, from the OTC to the CSE and beyond. This is a long read but may be worth your time. I’m not one to write articles like this, but the capital market space is tough enough for micro and small cap stocks, so if ...
Kenya Presidential Wildcard Vows to Erase Debt with The ‘Ganja Solution’
NAIROBI- George Wajackoyah, (main image) a reggae enthusiast and presidential contender, believes he has the cure for the problems plaguing Kenya's voters: a dose of cannabis and some hyena testicles. The richest nation in East Africa, Kenya, will hold elections on August 9. Deputy President William Ruto and veteran opposition leader Raila Odinga are the two ...
PharmaCielo Announces First Shipment to Mexican Joint Venture Partner
TORONTO and RIONEGRO, Colombia–PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced its first shipment of cannabinoid products to its Mexican joint venture PharmaCielo S.A. de C.V. The Company's joint partner in PharmaCielo Mexico is MINO ...
Three English Held Over California Cannabis Imports Into Britain
BLACKPOOL, ENGLAND- Police confiscated cannabis products that were sent from the United States, from California, and three English citizens were detained as a result. Three searches were conducted in Blackpool, a well-known tourist destination in Lancashire County, as part of the campaign against "brazen" drug dealers bringing branded cannabis products into the country from California, ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...