Asia

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Asian
Mon
18
Dec

High and dry: Pakistan's liking of hash

Niaz Ali is a deeply religious man: He prays five times a day and visits the mosque as frequently as possible. But he also loves to smoke hashish -- lots of it.

Despite it being forbidden by his faith, the 50 year-old estimates he spends about 30 percent of his earnings as a cab driver on the habit.

His love affair with cannabis began as an occasional puff with friends when he was a teenager, but has since morphed into a full-blown addiction for the father-of-nine.

"It is a sacred plant. A sacred intoxication," says Ali, who asked to use a pseudonym, after taking a fresh rip off a hookah packed with pungent hash in Pakistan's bustling northwestern town of Peshawar.

"It's like a second wife, this addiction," he sighs.

Mon
27
Nov

This country could soon legalize Cannabis and Opium

Cannabis legalization has ramped up in recent years, and it’s not only in the U.S. Uraguay recently became the first country to fully legalize marijuana, and Canada is set to do the same this July. However, there could be another prominent country with something big in the works when it comes to pot legalization. Yes, India is set to discuss the potential legalization and regulation of both cannabis and opium.

A Progressive Outlook

Thu
23
Nov

Creso Pharma to create cannabis-based body care and cosmetic company within China

Australian medicinal cannabis company Creso Pharma has teamed up with Chinese hemp producer Zhejiang Kingdom Creativ in a commercial agreement that will see the two build a health food, nutraceuticals, body care and cosmetic company within China, according to a report by Finance Nine.

The development of the cosmetics company, which will selling hemp and cannabis-based products across the country. will run alongside Cresa Pharma’s expansion into the Chinese market, with Kingdom Creative set to import Cresa Pharma cannabis-based products into the local market. 

News of the development has sent Creso Pharma’s shares soaring, with shares at a record high up 19.5 per cent to 98 cents as of Monday.

Thu
23
Nov

Israeli pharmacies set to start selling medical marijuana early next year

Israeli pharmacies nationwide are expected to supply medical marijuana to patients from early 2018, Health Ministry officials said on Wednesday.

The officials said numerous private pharmacies, including Super-Pharm chain pharmacies, have asked the ministry to sell prescription marijuana, and are in the process of being issued the required permits. The health maintenance organization (kupat holim) pharmacies have so far not shown an interest in taking part in the move.

Thu
09
Nov

Israel wants to start exporting its cannabis around the world

When Asi Naim, a severely autistic Israeli boy, started smacking his head against the wall and hurting himself in other ways, his parents tried every kind of psychiatric drug to calm him. Nothing worked.

“He was so totally out of it,” said his mother, Ricky Naim Blumenfeld. “It was scary.”

Then Asi entered a cannabis-based research program at Jerusalem’s Shaarei Zedek hospital. After a period of trial and error, he started getting a dosage of cannabinoid drops that worked. Four years later, Asi loves music, being at parties, going to the movies and traveling abroad.

Mon
06
Nov

India Globalization Capital CEO dumps shares amidst a major company "turnaround"

Over the last few weeks, India Globalization Capital’s (IGC) Chairman and CEO Ram Mukunda has been selling a lot of stock in his own company. During this time, Mukunda sold 275,000 shares in the $0.40 to $0.51 range.

What we find to be interesting about these sales is the timing of them. For a company that claims to be in the middle of a major turnaround, you must question why the person running the company is selling hundreds of thousands of shares.

A Fake News Driven Rally

IGC has been a top performer over the last few weeks and the shares have come well off its recent lows. Although the rally has been significant, we do not buy into the catalyst that helped push the stock price higher.

Tue
31
Oct

Medical cannabis course in high demand at Israeli college

Within the cannabis industry, it’s well known that Israel is leading the world in medical marijuana research. The tiny country is home to a fully legal medical cannabis program that serves 30,000 patients, while THC itself — the cannabis plant’s main psychoactive compound — was discovered by renowned Israeli chemist Raphael Mechoulam in the early sixties. Unlike in the United States, where weed remains illegal under federal law (despite state policies), in Israel, the government sanctions growers, scientists, techies, and doctors to collaborate and advance cannabis medicine.

And so, despite that cannabis for recreational purposes remains illegal in Israel, the plant is well-respected within the fields of science, medicine, biotech, agriculture — and even academia.

Mon
30
Oct

Lebanon's illicit cannabis trade goes up in smoke amid Syria war

Lebanon’s Bekaa Valley is notorious for its highly lucrative cannabis industry.

However, in recent years the illicit trade has suffered due to the war in neighbouring Syria. As a result, some are now turning to another crop for better income.

Al Jazeera’s Imtiaz Tyab reports from Bekaa Valley.

Tue
24
Oct

Can cannabis treat asthma? Jerusalem experts to find out

CIITECH, a UK-Israel cannabis biotech startup that seeks to develop and commercialize therapeutic cannabis products, said it would fund a research project together with the Hebrew University of Jerusalem to find ways to use cannabis for the treatment of asthma.

CIITECH said the project would be undertaken by the Multidisciplinary Center on Cannabinoid Research of the Hebrew University, and would be led by Prof. Raphael Mechoulam, a pioneer in the field of cannabis research, and his colleague, Prof. Francesca Levi-Schaffer, who specializes in asthma research. The project was selected through a competition, from among a dozen other projects proposed on cannabis research, said CIITECH founder Clifton Flack.

Wed
18
Oct

Israeli medical marijuana goes global

After holding its third innovation conference in Tel Aviv in March, iCAN: Israel-Cannabis — an Israeli marijuana group — is hosting the inaugural CannaTech UK convention on October 26 at London’s Old Truman Brewery.

The Israeli organization’s stated mission is “to identify, invest, accelerate and showcase cannabis innovation for the global cannabis economy.” At the UK gathering, industry professionals and enthusiasts will network and enjoy a series of TED-style lectures; the event will be Britain’s first-ever international conference on innovation in this field.

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