Marijuana Politics

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Wed
06
Nov

Cannabis flowers are legal in Belgium, and nobody noticed

Read entire article here.

Thanks to some recent legislative changes, anyone wanting to purchase cannabis buds in Belgium can simply stop by the nearest tobacconist.

Wed
06
Nov

400 patients making use of medical cannabis in Malta

Over 400 patients are using medical cannabis in Malta, Health Minister Chris Fearne has said.

The Deputy Prime Minister was speaking during the Medical Cannabis World event, where he stated that this was only made possible by recent legislation introduced by parliament in 2018.

Fearne also said that despite the success, the industry still faces a number of challenges.

According to the health minister, patients must be educated on the use of medical cannabis, while stating that the safety should always be first on the agenda.

Fearne also stated that research and clinical evidence on medical cannabis still pose a challenge.

Wed
06
Nov

Cannabis voter initiatives fall mostly short across Michigan

Municipalities across the state of Michigan voted yesterday on whether or not to allow recreational cannabis businesses within their respective borders. However, the results following yesterday’s votes were wildly disappointing for prospective marijuana businesses.

In November of 2018, voters across the state voted in favor of legalizing possession of recreational cannabis for personal use and to allow cannabis businesses including retail stores, producers testing facilities and processing operations by a 56%-44% margin. The catch: local leaders can decide whether or not they will allow cannabis businesses within their communities.

Wed
06
Nov

Too much weed: Canadian cannabis producers are sitting on a mountain of inventory, and it's making some industry watchers nervous

Canadian cannabis producers and extractors are sitting on a massive stash of unfinished inventory that is growing so quickly that some analysts are concerned it could precipitate a price crash in the burgeoning industry.

Since January of 2019, the amount of unfinished inventory of dried cannabis has nearly tripled, reaching a staggering 328,000 kilograms at the end of August. That compares to roughly 118,000 kilograms eight months earlier, according to Health Canada data.

Wed
06
Nov

D-Day looms for U.K. CBD as regulators prepare to strike

The clouds are gathering over the CBD bandwagon in U.K. amid concerns of a regulatory crackdown – and a widening industry rift.

Two senior CBD figures U.K. – one a leading lawyer and the second, the head of powerful membership group – have sounded the alarm. Both say the U.K Foods Standards Agency (FSA) is set to start enforcement action on CBD products and business as it pushes for adherence to the European Union’s Novel Food regulations.

But, a widening rift over Novel Foods, could see the CBD industry embroiled in a lengthy, multi-million pound court battle.

Wed
06
Nov

Wrong to right: U.S. company helps people overcome cannabis convictions and find jobs

A recruitment agency is turning weakness into strength for people with cannabis convictions on their record.

Miami-based HempStaff helps companies in Illinois and five other states locate potential employees who meet certain social equity requirements — such as having a non-violent marijuana conviction in their past. Under legalization law in Illinois, the more workers companies employ with cannabis convictions, the better their chances become of landing a coveted licence to grow and sell the drug.

Wed
06
Nov

German cannabis market projected to reach $16B by 2028

Germany is home to the largest economy on the European continent, and the fourth largest economy on the planet.

The medical cannabis industry in Germany has grown at a steady rate in recent years. With a population over twice the size of California’s population, there is no end to growth in sight for Germany’s emerging cannabis industry.

How big will Germany’s medical cannabis industry get? A new projection by Prohibition Partners provides an answer to that question, and the figure involved is staggering. Per Benzinga:

Wed
06
Nov

Mexican lawmakers granted 6-month extension for passing marijuana legalization Bill

Mexico’s highest court pushed back the deadline for the country’s Congress to pass a bill legalizing marijuana after lawmakers requested an extension to continue working on the complex legislation. 

The new deadline is April 30, meaning lawmakers were granted another six months to produce legislation amid “unprecedented” pressure from various lobby groups. 

Senate Majority Leader Ricardo Monreal revealed last month that there had been significant attempts to influence the legalization bill, especially from multinational corporate interests. 

Wed
06
Nov

Why cannabis legalization in other parts of the world could be bad news for North American pot stocks

Cannabis legalization is generally good news for the industry and companies looking to expand into other parts of the world. However, that's not necessarily always the case, as it also creates opportunities for those countries to start becoming exporters of cannabis themselves, and they could end up competing head-to-head with large North American producers. Canada-based Aurora Cannabis (NYSE:ACB) prides itself on its global presence, and according to its website, it has a footprint in 25 countries and has 15 global production facilities. 

Wed
06
Nov

Maine Officials finally announce start date for marijuana business applications

November 2016, the month voters in Maine legalized recreational marijuana, seems like a distant memory now. And with 2019 coming to a close, Maine still doesn’t have a retail cannabis industry. In fact, from legalization to the start of legal sales—still slated for March 2020—Maine’s will have been the slowest rollout of any recreational-use program in the country.

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