Asia

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Asian
Tue
06
Feb

India’s cannabis economy has a new hope—Patanjali

India’s leading ayurveda-based products maker now wants to ace cannabis research.

Patanjali Ayurved is stepping up studies on the plant’s medicinal and industrial properties, its chief executive Balkrishna told Quartz.

“In ayurveda, since ancient times, parts of cannabis (hemp), for instance, have been used for medicinal purposes. So, we are looking at various formulations. We should ponder over the benefits and positive uses of the cannabis plant,” Balkrishna said over a call.

At its research and development centre in Haridwar, a team of some 200 scientists is looking into the benefits of various indigenous Indian plant species and their extracts for use in medicines and other products. Cannabis is one of them.

Wed
31
Jan

Which city in the world has the cheapest cannabis – and the most expensive?

A new survey of the cost of buying marijuana in 120 cities around the world suggests it is most expensive in Asia – but not necessarily cheaper in those cities where it is legal.

The highly variable cost of cannabis in cities around the globe indicates that prices do not necessarily come down with increased consumption – or even legality, according to a new survey.

The 2018 Cannabis Price Index, compiled by Seedo, an automatic cultivator device company based in Tel Aviv, claims to give the going rate for cannabis in 120 cities, ranging from £22.86 (US £32.66) per gram in Tokyo to less than £1 ($1.34) in Quito.

The five most expensive global cities to buy marijuana

Wed
31
Jan

Dublin ranked as one of the most expensive cities in the world to buy cannabis

Indians just keep on rolling.

Delhi and Mumbai ranked among the world’s top 10 cities with the highest rates of cannabis (marijuana or weed) consumption per year, according to a study by Seedo, an Israel-based firm that sells devices to grow weed at home.

Across the border, Pakistan’s commercial capital, Karachi, where cannabis trade is illegal, is the second-largest consumer of cannabis across the 120 cities surveyed for Seedo’s 2018 Cannabis Price Index.

In fact, these south Asian cities also sell some of the cheapest cannabis in the world, priced at between $4 and $5 for a gram, albeit of lower quality. On the other end, India is also home to one of the most expensive varieties of hashish.

Wed
24
Jan

Singapore starts medical marijuana research

Singapore will embark on developing synthetic medicinal cannabinoids as part of its new Synthetic Cannabinoid Biology Programme.

The programme is part of a S$25 million (RM74 million) research initiative called the Synthetic Biology Research and Development Programme, which will be conducted over a period of five years.

Fri
19
Jan

Thailand Is on the fast-track to legalizing Medical Marijuana

Thailand is on the fast track to legalizing medical marijuana, the country's Narcotics Control Board director, Sirinya Sitdhichai, announced this week. After decades of extreme drug prohibition, the Thai government is now planning to rewrite their drug laws, allowing medical cannabis to be sold to anyone with a doctor's prescription.

Thu
18
Jan

Israeli Marijuana is growing, but exports have nowhere to go

With dozens of Israeli growers and manufacturers receiving licenses to produce medicinal cannabis, bureaucratic roadblocks and ministerial infighting could leave the marijuana to eventually rot or be sold on the black market, costing companies more than NIS 1 billion.

Last week, the cabinet hinted that it would approve exports of medicinal cannabis during the 2019 state budget vote, only to dash hopes by leaving the measure out.

The government reportedly told Israeli medicinal marijuana companies that their exports would be approved by 2018, according to industry employees. That persuaded the companies to embark on multi-billion shekel investments, some of which could now be in jeopardy.

Wed
17
Jan

Cannabis research may yield new diet drug, Israeli researcher says

While cannabis science in the U.S. remains heavily politicized and mired in red tape, our international ally, Israel, is racing ahead.

On Tuesday, Jan. 16 at 6 p.m., The California Israel Chamber of Commerce, American Friends of Hebrew University, and financial advisors WGD Partners host a V.I.P. cocktail reception and discussion with Dr. Yossi Tam, Director of Cannabinoid Research at the Multidisciplinary Center on Cannabinoid Research at the Hebrew University of Jerusalem.

The center, established in 2016 to foster research collaboration, includes 30 different scientists working on cannabis research projects.

Mon
15
Jan

Why these Indian MPs want marijuana to be legalized

The issue of legalising cannabis in India is something that members of the Indian Parliament have been talking about for some time now. Last year, Union Minister Maneka Gandhi extended her support for legalising marijuana for medical purposes. But she isn’t the only politician to do so.

Tue
02
Jan

Top 5 Most Read Articles of 2017

Around 326,000 people visited 420intel.com in 2017, and in doing so they read nearly 3 million items, from news stories to slideshows to timeless articles written by industry leaders thoughout the globe.  So what were the news headlines that dominated 2017? Here’s a list of the 5 most-viewed news articles posted on 420intel.com for 2017!

Thu
21
Dec

Where Marijuana is and isn't legal

Take a look some countries that have either legalized, decriminalized or simply chosen to tolerate recreational marijuana.

United Kingdom

Having been reclassified in 2009 from a Class C to a Class B drug, cannabis is now the most used illegal drug within the United Kingdom. The UK is also, however, the only country where Sativex – a prescribed drug that helps to combat muscle spasms in multiple sclerosis and contains some ingredients that are also found in cannabis - is licensed as a treatment.

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