Title: GERMANY STILL SET TO BE BIGGEST IMPORTER OF CANADIAN CANNABIS
Date: 31 May 2018
Everyone paying attention to the international cannabis business industry knows that Canadian companies have been leading the global marketplace, thanks to a pioneering nationwide medical legalization law and countries like Germany willingly accepting cannabis imports from the Great White North. As Germany’s medical population has exploded, the nation’s patients have relied more and more on Canadian cannabis as no German cultivation licenses have been issued. The importation of Canadian cannabis was put at risk while the German government complained that the full legalization for all adults violates the UN Single Convention on Narcotics.
As Michael Knodt writes for the German Cannabis Association (DHV) Germany determined that Uruguay’s legalization law prohibited that nation from exporting cannabis, but stopping Canadian cannabis would have a severe detrimental impact on Germany’s patients, thus importation from Canada is continuing:
Title: Greece Prepares for First Government-Backed Medical Marijuana Expo
Author: High Times
Date: 30 May 2018
Upwards of 120 businesses, exhibitors, entrepreneurs, and innovators will gather in the Greek capital of Athens on Friday to present medical marijuana products, technology, and applications to the general public. But the massive cannabis event won’t just be introducing the drug to the people. Politicians from across Greece will also attend the event in order to gather support for the government’s plans to generate revenue through a legal medical marijuana industry.
Athens To Host Balkannabis Expo 2018
Nearly a year ago, Greece became the sixth EU country to legalize medical marijuana, joining the Czech Republic, Portugal, Spain, Finland and of course, the Netherlands.
“From now on, the country is turning its page, as Greece in now included in countries where the delivery of medical cannabis to patients in need is legal,” Prime Minister Alexis Tsipras said at a press conference.
Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1) kicks off the cannabis industry news day with its announced acquisition of Lesotho (pronounced LAY-soo-too) based Daddy Cann Lesotho PTY Ltd., a cannabis producer in the tiny African nation that is surrounded by South Africa.
This is the third time a Canadian LP has established a partnership within the country, with Aphria and Supreme Cannabis Company both holding assets there.
“Lesotho is Canopy Growth’s first step into Africa and we look forward to working with the strong local team at Highlands to establish production and distribution capabilities consistent with Canopy’s global standard for high-quality, regulated medical cannabis products,” said Mark Zekulin, President, Canopy Growth.
Bruce Linton alluded to the interest in Africa during an exclusive interview on Midas Letter LIVE!, saying “Southern Africa I think is going to be interesting and you know we cover off on a bunch of places. Asia at large and China specifically obviously there’s a lot of hemp.”
The company does business under the trade name “Highlands” and puts Canopy now on 5 continents.