China

Fri
31
May

Asia emerging as new frontier for Canadian cannabis players

As cannabis companies eye expansion in European and South American markets, Asia is poised to be a new frontier for some major Canadian pot players.

Despite being the world’s most populous continent, it is estimated that Asia’s cannabis usage is about two per cent, or 85.5 million people, according to London-based cannabis data provider Prohibition Partners. However, several Asian countries are on the cusp of embracing medical cannabis and the continent could see its marijuana market grow to as much as US$5.8 billion by 2024, Prohibition Partners said in a recent report.

Wed
22
May

The surprising way Trump’s US-China Trade dispute hurts marijuana users

Major political disputes often create unpredictable ripples in the world of cannabis. Sometimes, these waves are small and kitschy. When President Donald Trump caused a government shutdown because legislators wouldn’t fund his border wall, that meant government workers were left without pay or medical services. So one company stepped in to provide those employees with free medical marijuana.

Tue
21
May

A brief history of CBD

CBD – short for Cannabidiol – is a compound inside hemp and cannabis that was first discovered in 1940. Recent studies have shown CBD to have medicinal value for treating things like anxiety, pain, and insomnia but where did the story begin with this gift from nature?

Wed
15
May

Analysis optimistic about progress in the Asian cannabis market

Cannabis is deeply rooted in the continent of Asia, where a cultural, medicinal and spiritual relationship with the plant stretches back into remote antiquity. The harsh prohibition regimes in many Asian countries are likely to be pried open over the next years, allowing for fast growth of a regulated cannabis market.

Fri
10
May

This hemp-seed eating village has one of the oldest and healthiest populations in the world

Scientific evidence is constantly stacking up in favor of how CBD and hemp can benefit your health.

Fri
10
May

China Boasts ‘Cannabis Boom’ — But Still Metes Out Death Penalty for Marijuana

China’s arrival in the global cannabis industry became official this week, winning a headline in America’s “newspaper of record.”

“China Cashes in on Cannabis Boom,” read the May 4 headline in the New York Times. “China has made your iPhone, your Nikes and, chances are, the lights on your Christmas tree. Now, it wants to grow your cannabis.” 

Fri
10
May

Asia's medicinal cannabis market could be worth over $US5.8 billion by 2024, report says

The Asian medical cannabis market could be worth an estimated US$5.8 billion by 2024, Prohibition Partners, a market intelligence and strategic consultancy firm, has found in its latest report. According to analysis, which was released this Thursday, if legislation is introduced in a number of the continent’s major markets, this estimate could quadruple by 2027.

Mon
06
May

China cashes in on the cannabis boom

China has made your iPhone, your Nikes and, chances are, the lights on your Christmas tree. Now, it wants to grow your cannabis, writes Steven Lee Myers of New York Times.

Two of China’s 34 regions are quietly leading a boom in cultivating cannabis to produce cannabidiol, or CBD, the nonintoxicating compound that has become a consumer health and beauty craze in the United States and beyond.

They are doing so even though cannabidiol has not been authorized for consumption in China, a country with some of the strictest drug-enforcement policies in the world.

Fri
26
Apr

Hong Kong is blaming spike in cannabis confiscations on Canada

Hong Kong customs officials have confiscated almost as much cannabis in the past few months as they did in the entirety of 2018. And they say it's mostly coming from Canada, writes Calvin Hughes.

In the first quarter of 2019, the Hong Kong Customs and Excise Department says it has seized over 300 pounds of cannabis, which has an estimated street value of HK$30 million (US$3.8 million). That haul is 500 percent more than the 50 pounds of cannabis seized during the same period last year, and almost as much as the nearly 311 pounds confiscated throughout the entirety of 2018.

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