Interest in Germany as a major European cannabis hub is not waning (apparently) despite its botched licensing process, as 79 firms have bid to become growers, the government said.
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Members of the European Parliament’s health committee on Tuesday adopted a resolution, which is the first step necessary to drafting legislation, designed to better support the industry.
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In a development that would surely make Howard Marks (RIP) nod in approval, British medical cannabis start-up Grow Biotech, investors European Cannabis Holdings (ECH) and unlicensed medicinemanufacturer IPS Specials announced on Friday that 800 grammes of medicinal cannabis was legally brought in from The Netherlands.
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The EU Novel Food catalog now officially lists CBD as an unauthorized Novel Food, stating: “Cannabis sativa L., extracts of Cannabis sativa L. and derived products containing cannabinoids are considered novel foods as a history of consumption has not been demonstrated. …..European leaders clearly did not get the memo; cannabis products like hemp and CBD are in vogue, and making Canadian and US investors lots of money, and they should change the rules, right? Well not quite…..
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“The advantage of a strengthened Canopy Rivers/Canopy Growth relationship is that it accelerates and de-risks execution for invested companies,” said Bruce Linton, Canopy Growth’s founder and co-CEO, in a statement.
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Marijuana companies seeking offshore European tax havens to set up shop, look no further; the Isle of Man is about to loosen its cannabis laws. Residents in the Irish Sea territory have been invited by the government to respond to a wide range of issues surrounding the availability of cannabis. Over-the-counter sales could be approved, and doctors could be allowed to prescribe it for a range of conditions.
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European cannabis firms and investors enviously watching the rapid maturation of the multi-billion dollar North American industry may consider something both geographies have in common; the difficulty of getting banks onside. This situation is unlikely to last much longer, however, as the US (never one to accept playing second fiddle, especially to Canadians) gets its regulatory act into gear, while Europe falls so far behind it may as well not be in the cannabis race at all.
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Chocolate munchers take note, Switzerland’s pharmacies want to sell cannabis both medicinally and recreationally.
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Where Israeli firms once bought farms abroad to serve other markets, frustrated by a domestic ban on exports from Israel itself, this is now all set to change. The Middle East state is set to pass a law allowing exports of medicinal cannabis, the Finance Ministry said last week, as the county ramps up its attempt to woo more investment and bolster state coffers.
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Their future dream is a hothouse scheme, and after months of teasing its Canopy in the UK, finally………….The Canadian medicinal marijuana luminary on Monday announced the creation of Spectrum Biomedical UK, a dedicated British firm targeting the underserved and uneducated but highly lucrative UK market, alongside a new Polish entity as part of a massive European campaign.
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Greece is preparing to issue a slew of licenses later this month for companies to grow and produce cannabis, as the Hellenic Republic turns to medicinal marijuana to help rescue its troubled economy.
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Western observers of Turkey’s president Recep Tayyip Erdogan usually take the authoritarian’s statements on industry with an industrial dosage of salt, and eyebrows have been raised again following his recent calls to make the country a major global cannabis player.
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Libertarians, look away now. Malta is considering full legalisation of recreational cannabis, but only for users who agree to register with the government first. In what would be a first for Europe, the ruling party has dangled the carrot of decriminalisation with a caveat that state registration is a necessity for anyone wishing to partake.
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British firm GW Pharmaceuticals is licking its wounds after US judges tossed out its attempt to patent multiple cannabinoids for epilepsy treatment following an eight-year battle. The US Patent Trial and Appeal Board, an administrative law body of the national patent office, denied patent US9066920B2 on January 3, siding with petitioner Insys, a rival biotech firm.
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Although enormously popular with its citizens, Austria risks missing out on the enormous commercial opportunity of CBD, experts have warned, following a confusing missive from the government that forbids the sale of some cannabis products. CBD was flying off the shelves in Austria, as elsewhere in Europe, until the government stepped in recently to effectively outlaw the handling of certain cannabinoid products.
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A skeptic all his life, it was not until Martin Tindall walked around a Colorado dispensary and saw firsthand how cannabis could lengthen and save lives did he become a believer. Now the former finance executive is on a mission to stamp out diabetes in some of the world’s worst-hit areas with a revolutionary marijuana treatment engineered by his firm, Phoenix Life Sciences International.
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Health committee politicians in the European Parliament, the EU’s directly elected legislative, voted in late 2018 to approve a draft resolution on the use of cannabis for medicinal purposes, and now the proposals will head to the bloc’s executive to be turned into a concrete proposal.
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The number of global cannabis patent applications has doubled since 2008, Cannabis Law Report can reveal, as 2019 promises to be a landmark year for marijuana intellectual property.
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Romania is currently the largest commercial producer of hemp in Europe, according to US lobby group the National Hemp Association, with more than 40,000 dedicated acres accounting for about 70 percent of EU’s production.
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Competition in Italy is heating up following a slew of major investments from Canadian firms seeking to expand their European cannabis footprint in a burgeoning market.
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Dama Financial, through its partner banks, provides cannabis-related business with access to a secure, transparent banking solution that allows cannabusinesses to secure their cash, make...
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No. 18-cv-00831-RBJ (D. Colo. 2019)Failure to plead RICO continuity requirement led to dismissal of state and federal counterclaims alleging that […]
No. 19-00040 (D. Idaho 2019)A hemp processor is not entitled to a temporary restraining order and preliminary injunction requiring the return of its […]
No. 17-30208 (9th Cir. 2019)The appropriations rider barring federal prosecution of individuals following state marijuana laws does not provide […]
No. 1D17-2796 (Fla. Dist. Ct. App. 2019)A dispensary applicant’s circuit court case against the Department of Health, seeking a license and to […]
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Michigan Court of Appeals ruling Tuesday could reinforce zero- tolerance workplace rules against the use of marijuana even in cases in which a person has a valid medical marijuana card. https://t.co/FhfrbgflVz UPS Say Cannabis Delivery Service United Pot Smokers Is Involved in Trademark Infringement https://t.co/u7jL12W7zFLoad More...
