World

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|

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 - Highly Capitalized 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 ...

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|

Cantourage Partners with FarmaGrowers to Bring First South African Medical Cannabis to Germany

BERLIN - European medical cannabis Cantourage and South Africa-based farming enterprise FarmaGrowers have confirmed an agreement to supply South African medical cannabis dried flower products to German pharmacies. The agreement means that Germany's growing number of currently more than 128,0001 patients will now have access to South African medical cannabis dried flower products for the ...

September 30th, 2021|

Jamaican Cannabis Launching for German Medical Cannabis Patients

BERLIN - European cannabis company Cantourage and Australian-based operator Cannim are now deepening their partnership with the introduction of an innovative new Jamaican cannabis strain to Germany pharmacies. The launch of HummingBud follows just four weeks after that of Lumir, the first Jamaican medical cannabis flower product to be made available in Germany. Cantourage has ...

September 29th, 2021|

Italy Decriminalizes Recreational Cannabis & Permits Home Grows

ROME–Italy has suddenly been thrust into the forefront of the nascent European cannabis industry with a vote in parliament which legalized home-grow cannabis following a vote from their lower parliamentary house, similar to the US Congress. The Italian reform decriminalizes growing up to four cannabis plants for personal use. Italy now one of first European ...

September 9th, 2021|

France Medical Cannabis Patient Program Gets Underway

EDMONTON, AB– Aurora Germany GmbH, a subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, and Ethypharm, have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks. Aurora and Ethypharm were selected by ...

September 1st, 2021|

The Green Organic Dutchman Completes First International Cannabis Shipment

TORONTO -- The Green Organic Dutchman Holdings Ltd.  (TSX: TGOD) (US-OTC: TGODF), a producer of premium certified organically grown cannabis, announced it completed its first international commercial shipment consisting of cannabis flower and other extracts destined for the South African medical cannabis market. TGOD's cannabis flower is reported to be the first to be distributed ...

August 25th, 2021|

Russian Investor Andrey Blokh Acquires 723,000 Voting Shares of Curaleaf

MOSCOW–Mr. Andrey Blokh announced he acquired 722,577 subordinate voting shares of Curaleaf Holdings Inc. representing approximately 0.12% of the presently issued and outstanding Subordinate Voting Shares of the Company. The 722,577 Subordinate Voting Shares were acquired in the context of transactions entered into among Mr. Blokh, the Company and an indirect subsidiary of the Company, ...

August 20th, 2021|

ALT Cannabis Announce Agreement with Grow Group for Expansion into European Medical Cannabis Markets

LOS ANGELES–Pioneering liquid cannabis company ALT (Advanced Liquid Technology), announced it has entered into an agreement with Grow (Grow Group Plc) to market and distribute ALT’s proprietary, fast-acting, liquid medical cannabis products across Europe. ALT uses emulsion technology to create unique flavor neutral, zero calorie, sugar-free, vegan, keto, and paleo friendly water-compatible medical cannabis products ...

August 18th, 2021|
Go to Top