Asia

Synonyms: 
Asian
Fri
02
Nov

Cannabis executives, investors see Asia saying 'yes' to marijuana

The cannabis investor conference in Hong Kong this week started with some stern warnings against smoking pot in the city, which can land you in prison. Then folks got down to talking business.

The Hong Kong Cannabis Investor Symposium on Thursday drew executives from some of the world’s hottest cannabis firms together with more than 200 attendees to talk about the plant’s misconceptions and its investment opportunities. Pot stocks have returned 73 percent in the last 12 months, outpacing Bitcoin, gold and any major equity index. And, despite the prohibition in Hong Kong, many of the forum’s participants said they see attitudes in Asia changing.

Thu
01
Nov

Singapore government may test for cannabis use upon entry into country

Canadians travelling to Singapore are being warned that they may be subject to a drug test before entering the country.

Travel Canada announced Wednesday that custom officers can request a drug test when you arrive in Singapore, which could result in arrest even if the drug was consumed before travelling to the country. 

“Custom officers can request a drug test at the point of entry to #Singapore,” Travel Canada tweeted. “If you test positive for drugs, you can be arrested and prosecuted, even if the drugs were consumed prior to your arrival in the country.”

Tue
30
Oct

New Frontier Data launches first International Cannabis Alliance to address cannabis industry risk, opportunities and best practices worldwide

New Frontier Data, the authority in data, analytics and business intelligence in the global cannabis industry, in conjunction with CannaTech and leading companies representing the key building sectors of any legal cannabis market, announces the creation of the InterCannAlliance (ICA).

The ICA has been established to educate and inform future regional market and thought leaders interested in the cannabis industry, fostering responsible, transparent and effective market practices learned across more mature North American cannabis sectors.

Mon
29
Oct

CannTrust expands global reach and access to Asia-Pacific region as Cannatrek's cornerstone investor

CannTrust Holdings Inc. (TSX: TRST), one of Canada's leading and most trusted licensed producers of cannabis, continues to develop its reach and global footprint and announced today that it has entered into a strategic partnership with Australian licensed producer, Cannatrek Ltd ("Cannatrek").

Thu
04
Oct

Vietnam veteran and Dean of military school fired for using CBD to treat cancer

The 22-year Air Force veteran and former dean of a special operations school is appealing his termination over medical CBD.

Marijuana legalization and the widespread use of medical cannabis have made the how and when of enforcing workplace drug policies  vexed questions. Medical and non-medical consumers both have faced workplace sanctions and terminations for legal, off-the-clock cannabis use. But what happened to Vietnam veteran and former Dean of the Air Force Special Operations School (AFSOS) Henry Cobbs is perhaps the most striking recent instance of the conflict between the medical application of cannabis and the rule of law.

Thu
27
Sep

Malaysia may consider legalizing medical marijuana

The move comes after a man was sentenced to death for selling it.

Malaysia is looking into changing its law to legalize medical marijuana, which would make it the first Asian country to do so.

Thu
27
Sep

Medicinal marijuana by next year in Thailand

Thailand’s Governmental Pharmaceutical Organisation (GPO) is starting researching to develop medicines from marijuana in acknowledgement of evidence that the outlawed substance has health-enhancing properties. It is also seeking to initiate a legal amendment that would permit cannabis for medicinal use, possibly by May next year.

Recreational use will remain illegal.

GPO chairman Dr Sopon Mekthon yesterday says that with the prospect of marijuana being legalised in certain circumstances, his organisation had begun working with the Food and Drug Administration (FDA) and Narcotics Suppression Bureau to launch a research project on developing and mass-producing medicines from marijuana.

Wed
26
Sep

Thailand police hand over 100 kilos of marijuana for medical research

Thai police on Tuesday handed over around 100 kilograms of seized marijuana for medical research, as officials seek to produce pot-based medication.

Sophon Mekthon, chairman of the Government Pharmaceutical Organisation, said researchers chose high-quality marijuana from police to conduct medical research, selecting from batches of seized imported marijuana and taking some local strains of cannabis that police had recently confiscated. He said the marijuana varied in quality and type so researchers could observe which characteristics are most suitable for medicinal purposes.

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.

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