Asia

Synonyms: 
Asian
Mon
03
Sep

China is secretly becoming a global cannabis leader

China farms a massive amount of hemp and currently holds more than half of the globe’s cannabis patents.

As Canada prepares for the legalization of cannabis this fall, its poised to become an international leader in the booming industry. But one unlikely competitor may stand in its way: China.

Thu
30
Aug

Israel's Together to buy control of German cannabis customer

JERUSALEM (Reuters) - Together Pharma, which produces medical cannabis, said on Wednesday it had signed a deal to buy a controlling 50.01 percent stake in an unnamed German company, which is one of its customers, for 2 million euros.

Together said it had already signed an agreement to supply about 12.5 tonnes of medical cannabis worth up to 50 million euros ($58 million) to the German company, which also holds a R&D license for medical cannabis in Germany.

Together said it would finance the deal from cash and assets, which will be recorded as an owner’s loan. It said the parties will work towards signing a final deal within 90 days.

Thu
23
Aug

How good is Lebanese cannabis? Scientists seek herbal remedies

Locked away safely in an academic's study in Lebanon is a plant that researchers hope to transform from one of the country's most notorious exports into a lucrative pharmaceutical.

Cannabis is cultivated openly, but illegally, in parts of Lebanon, especially the Bekaa Valley where a Roman temple in the ancient city of Baalbek bears an engraving of a cannabis leaf. Today, Lebanon is third after only Morocco and Afghanistan as global supplier of cannabis resin, U.N. figures show. While Lebanese cannabis might be prized by smokers of the narcotic, little is known of its medicinal value, something that Professor Mohammad Mroueh, who believes the plant's local strain might prove particularly beneficial, hopes to change.

Wed
22
Aug

Israeli and Swiss companies team up to breed better cannabis for patients

Cannabis plants tailored to specific ailments could be just around the corner.

A Swiss cannabis company has partnered with an Israeli genome analysis firm in order to create better varieties of cannabis for patients and consumers. Gene sequencing firm NRGene, based in Ness Ziona, Israel, announced the collaboration with Pure Cannabis Research AG of Zug, Switzerland in a press release on Tuesday.

Tue
21
Aug

Korea lobby group founded to push for cannabis legalization

A new organization in Korea is hoping to influence lawmakers to legalize medical cannabis.

A lobbying organization was recently formed in South Korea to push for the legalization of medical cannabis.

Known as The Organization of Legalizing Medical Cannabis in Korea, this lobbying and cannabis advocacy group intend to persuade the government to adopt medical cannabis as a legally recognized medicine.

The group’s first general meeting in Seoul was attended by important Korean medical industry figures and ordinary citizens alike, with everyone eager to make their voices heard.

Fri
17
Aug

Israeli ice cream chain pushes cannabis flavored scoops

Though Vaniglia's new flavor 'tastes like the aroma' of marijuana, those seeking a high should look elsewhere.

The Vaniglia ice cream chain is popular in Israel for offering over 60 flavors. It recently added a notable new one to its roster: cannabis.

The Israeli chain, which has over a dozen locations, has sold the flavor in stores since March.

Sadly for stoners, the ice cream doesn’t contain any THC, the active psychoactive ingredient found in marijuana. The only part of the cannabis plant harnessed in the recipe is terpenes, or aromatic oil that gives the green leafy drug its unique smell. The rest of the flavor comes from a mix of specific herbs and nuts that chain founder Itay Rogozinsky identified by good old trial and error.

Mon
13
Aug

Israel & Canada high on budding medical cannabis ties

Experts warn government regulations tied to exporting marijuana could lose Israel billions of dollars in revenue

Israel, the so-called Start-up Nation, could soon become known as the Silicon Valley of medical marijuana if leaders in the industry have their way. Israel’s medical cannabis sector is flourishing, thanks in part to growing business ties with Canada, which will officially legalize marijuana in October. Hundreds of millions of dollars in deals between Canadian and Israeli companies have already been inked, with investments covering innovative products treating a wide range of health issues—from cancer, to epilepsy, to sleep disorders.

Wed
01
Aug

China grows half of the world's cannabis

Nowadays, all eyes in the cannabis industry are trained on Canada, which is poised to become a major game-changer once recreational cannabis becomes legal on October 17. But as exciting as that is, we shouldn't overlook the silent giant in the cannabis industry: China, which by some estimates produces 50 per cent of the world's cannabis.

Tue
24
Jul

Medicinal cannabis coming to South Korea

Churning out more than 14,000 tons of hemp annually, South Korea is one of the top five producers of the fiber in the world alongside the Netherlands, Chile, France, and China. But when it comes to cannabis containing THC, the cultivation and use of marijuana for recreational or medicinal purposes are illegal there.

But as growing numbers of countries around the globe are beginning to accept and reintroduce cannabis use into their societies as a normal practice, as it used to be in many, South Korea is joining those nations and taking the first steps into the world of legalized cannabis medicine.

Mon
23
Jul

Thailand leads Asia in legalizing medical marijuana

Thailand could be the first Asian country to legalize medical cannabis, a move it hopes will re-establish its position in the economy it dominated four decades ago.

The Government Pharmaceutical Organization (GPO), which works under the Ministry of Public Health, is now hoping for approval from the military government to study the drug and sell it for medical purposes.

Thailand was among the world’s top exporter of cannabis in the 1980s. The plant was traditionally used to manage distress, nausea, and pain during childbirth, while farm workers grew it to relax. U.S. soldiers also visited the country during the Vietnam War and used it to rest and recuperate.

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