World
Alphagreen European CBD Market Places Expands Wholesale Offering
LONDON– The CBD industry is here to stay and more and more retailers are starting to embrace what is likely to be the single biggest driver of the health and wellness market over the next few years. Some retailers* have started to explore this area, others are considering a move to selling CBD products, but ...
Swiss Parliament Votes In Favor of Adult Use Cannabis Legalization
ZÜRICH–Switzerland's Health Commission of the Swiss House of Representatives, the Swiss National Council, in what will become an historic vote, has voted this past Friday, April 30th, in favor of legalizing cannabis for the Swiss. Adult-use of Cannabis in Switzerland is currently illegal, though minor possession was decriminalized to a fine in 2012. The National ...
Nextleaf Solutions Wins Patent in Emerging European Cannabis Markets
VANCOUVER, B.C. – Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF), an innovative cannabis extractor operating internationally, announced today that it has been awarded a patent in Europe, vital to the low-cost production of cannabis distillate. Next leaf has developed over 70 patents globally for the extraction, purification and delivery of cannabinoids "We are optimistic about ...
New CBD Ecommerce Retail Platform Plants New Shoots Across Europe
LONDON– AlphaGreen, the UK's leading marketplace for selling CBD, is launching into six further European countries, following its launch in the UK in 2019. Germany, France, Spain, Italy, Sweden and Poland are all set to benefit from the imminent arrival of the new ecommerce platform and technology provider. With Alphagreen, customers have products to alleviate ...
JP Morgan Leveraged Finance Expert Joins Artemis In Move Into Booming Cannabis Industry
LONDON, U.K.–One of the early architects of the European leveraged finance industry and 25-year veteran of JPMorgan, Stanton McLean, is embarking upon a new chapter of his career. McLean is joining the rising wave of traditional corporate leaders finding new wealth creation opportunities in the burgeoning field of global cannabis. Building on a career in global finance, McLean leaves his current position as managing ...
Cannabis Funding Around the World: A Focus on Germany
HCN Investigates – Germany is one of the wealthiest European nations. It also has some of the world’s most progressive politics, making Deutschland a perfect fit for the global cannabis industry. In the first two financial quarters of 2020, German cannabis sales exceeded €75 million. The existing German cannabis market comprises approximately 120,000 adults, and ...
Dragonfly Biosciences Launches Global Outreach Into Australia
LONDON– Dragonfly Biosciences UK makers of a leading seed to shelf range of CBD oils and skincare products has formed a non-exclusive distribution agreement with Health House International Australia, enabling the sale of Dragonfly CBD oils over the counter in Australia. The partnership comes off the back of the Australian Therapeutic Goods Administration in February ...
Khiron Receives Accreditation for UK Medical Cannabis Education and Partners with UK’s Cellen Therapeutics to Improve Clinician Education
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, announced it has received UK Continuing Professional Development accreditation for Khiron Academy, the Company's global medical cannabis education platform. Additionally, following its accreditation, the Company has entered into a strategic partnership ...
Curaleaf Completes Acquisition of EMMAC and Secures US$130 Million Investment
WAKEFIELD, Mass., – Curaleaf Holdings, Inc. (CSE: CURA / OTCQX: CURLF), an international provider of consumer products in cannabis has successfully completed the previously announced acquisition of EMMAC Life Sciences Limited, the largest vertically integrated independent cannabis company in Europe, for base consideration of approximately US$50 million in cash and 17.5 million shares of Curaleaf, ...
Khiron Expands Product Offering in UK and Increases Patient Access
TORONTO – Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis company with core operations in Latin America and Europe, is pleased to provide an operational update with regards to its supply of EU-GMP medical cannabis products to the UK. To help alleviate bottlenecks and stock outs, the Company has ...
Santé Laboratories Independently Submits Novel Foods Application for UK Distribution of its CBD Formulation
AUSTIN– U.S.-based Santé Laboratories is confident it independently met requirements requested by the Food Standards Agency (FSA) in the United Kingdom (UK) for its water-based cannabidiol (CBD) formulation in time to the eagerly awaited March 31, 2021 deadline. Santé Laboratories is a contract research organization (CRO) that specializes in manufacturing their proprietary drug delivery technology ...
Germany’s Supreme Court Green Lights Hemp Product Sales
BERLIN – The 6th Criminal Senate of the German Supreme Court (BGH) handed down a judgement that the sale to end consumers of hemp flowers and leaves is not prohibited. This ruling effectively overturned a lower-court judgement from Braunschweig Regional Court which sentenced the owners of a business selling hemp tea to jail, for breaching ...
Cannabis Funding Around the World: A Focus on Germany
HCN Investigates – Germany is one of the wealthiest European nations. It also has some of the world’s most progressive politics, making Deutschland a good fit for the global cannabis industry. In the first two financial quarters of 2020, German cannabis sales exceeded €75 million. The existing German cannabis market comprises approximately 120,000 adults, and ...
Khiron Becomes First Colombian Company to Legally Export Cannabis To Europe
TORONTO– Khiron Life Sciences Corp. (TSXV: KHRN) a vertically integrated cannabis compant with core operations in Latin America and Europe, has announced the Company has successfully exported its registered Colombian cannabis strains, in live clones, to Europe. This significant milestone represents the first shipment of medical cannabis live plant material to Europe from Colombia and is expected to accelerate access to ...
Mexico’s Congress Approves Landmark Cannabis Bill
MEXICO CITY — Lawmakers in Mexico approved a bill Wednesday night to legalize recreational cannabis which creates the largest market for cannabis in the world, eclipsing their neighbor, California. The measure is widely expected to be agreed by the Senate, before being sent to President Manuel Obrador, who has said he would sign the legislation. ...
Exploring Cannabis Funding Around the World — Oceania
HCN Investigates – Oceania, which comprises Australia, New Zealand, and the surrounding islands, is expected to embrace both medical and recreational cannabis in the near future. According to cannabis analytics firm Prohibition Partners, the Oceanian cannabis market may reach $1.55 billion by 2024. Even at this size, the cannabis market in Oceania would remain one ...
Mexico’s Landmark Cannabis Bill One Step Closer To Becoming Law
MEXICO CITY (Reuters) - Two special committees of Mexico’s Lower House of Congress late on Monday approved a draft bill to decriminalize marijuana and sent it on to the full chamber, bringing it a step closer to creating one of the world’s largest markets for the drug. The bill, backed by the administration of President ...
Curaleaf to Enter European Cannabis Market with Acquisition of EMMAC Life Sciences Limited
WAKEFIELD, Mass.,– Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) , a leading U.S. provider of consumer products in cannabis, today announced that it has signed a definitive agreement to acquire EMMAC Life Sciences Limited ("EMMAC"), the largest vertically integrated independent cannabis company in Europe for base consideration of approximately US$286 millionto be paid 85% in ...
Morocco: One Of Largest Cannabis Producers In World Set To Legalize Cannabis
RABAT – Morocco produces an estimated 70% of Europe’s cannabis products. Cannabis in Morocco grows in the rugged but fertile Rif Mountains. The local strain of cannabis is known as Beldiya, but it's gradually disappearing from the fields of the African kingdom as traditional varieties are nowadays being smoked out by foreign hybrids offering higher ...
Exploring Cannabis Funding Around the World — Africa
HCN Investigates – Africa has a long history of medicinal cannabis use. Find out how this continent’s modern entrepreneurs are finding funding for legal African cannabis ventures. Exploring Cannabis Funding Around the World — Africa Cannabis use in Africa goes back at least as far as the 14th century. The illicit cannabis trade runs rampant ...
France Begins Research This Month Into Medical Cannabis
PARIS, France – Decree 2020-1230 which allows the launch of a new broad-based research into the therapeutic benefits of cannabis among the French, has finally been published in the French Official Journal; a typical step in heralding new medical research in France. The research is set to begin "at the latest" on March 31, 2021, ...
IMCC Becomes First Israeli Cannabis Company To List On NASDAQ
GLIL YAM, ISRAEL – IM Cannabis Corp., a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that the Company's common shares will commence trading today on the NASDAQ Capital Market under the ticker symbol "IMCC". IMC will be the first Israeli medical cannabis operator to ...
Berlin Psychedelics Startup Atai Raises $157 Million & Eyes IPO
BERLIN – Biotech startup Atai Life Sciences, which is exploring the use of psychedelic treatments for depression, anxiety and addiction, on Wednesday said that it had raised $157 million from investors to develop its drugs pipeline A source close to the matter said the funding round had valued Atai at about $2 billion, adding that ...
Tommy Chong partners with Swiss Company To Launch A European CBD Line
ZURICH – Alpinols, a producer of hemp extracts from Switzerland, announce they are launching an organic CBD product line exclusively for Europe, together with Hollywood legend Tommy Chong into the growing European CBD and cannabis market. Tommy Chong, Grammy winner, cult actor, and cannabis activist - known as Cheech from Cheech and Chong is creating ...
Exploring Cannabis Funding Around the World — Europe – Part 1
HCN Investigates – Part 1: Industry Background Despite the fact that this continent comprises 44 separate nations, the approximately 750 million people currently living in Europe are largely united by a shared economic market. This international European economy is partly spurred by the overarching organizational principles of the European Union (EU), but even countries that ...
