In anti-drug Sweden, investors take shine to cannabis stocks

Growing numbers of Swedish investors are getting a buzz from trading in listed marijuana stocks even though the country has some of Europe’s most restrictive drug laws.

Shares in companies including Canadian cannabis producers Aurora (ACB.TO) and Canopy Growth (WEED.TO) and Sweden’s Heliospectra (HELIO.ST), which makes lighting for greenhouses that can be used to grow the plant, were the most heavily traded sector in January and February at online stockbroker Nordnet.


New Medical Marijuana Prescription Approved in Sweden

A further person has been granted a licence to use marijuana for medical purposes in Sweden three months after an historic decision from the country's Medical Products Agency (LĂ€kemedelsverket) to allow the first prescriptions of the drug in the country.

The first two Swedish licences to use parts of the cannabis plants to relieve chronic pain were granted last February, and since then there have been ten further applications. One of those has now been approved, newspaper Svenska Dagbladet (SvD) reports.


Sweden Joins 'Green League,' Permits Medical Marijuana

Sweden's landmark decision to permit medicinal cannabis, albeit only through oral intake, is widely seen as part of the "green wave" that swept the West in recent years.

"Of course, it will not change the world, but it will change the situation for a few people," Dr. Claes Hulting, one of the campaigners for the use of medical marijuana who has been suffering from a spinal cord injury himself, told Swedish national broadcaster SVT.


Heliospectra Named Marijuana Industry Technology Leader

Heliospectra AB, a world leader in intelligent lighting technology for controlled environments horticulture, announced today that the company was recognized as the Industry Leader in Lighting Technology award winner at 


Swedish Cannabis Cultivation Hits a High

Cannabis cultivation in Sweden has increased exponentially in recent years, to the degree that some parts of the country are now becoming self-sufficient, according to a report from radio station P1.

While in the past, Sweden imported the majority of the cannabis sold in the country from places like Afghanistan and Morocco, in recent years there has been a shift.

According to P1, the growth in home cultivation of the drug has made some parts of Sweden self-sufficient, and provided competition for imported Moroccan hashish in particular.


Friday Funny: Trapped in Ikea

Ylvis, the infamous comedy duo responsible for the "What Does the Fox Say" phenomenon, also do a candid prank show. Here they are tricking people into thinking they're stuck in an Ikea show room. Happy Friday and enjoy your weekend!


Heliospectra to Present at the Viridian Cannabis Investor Symposium in New York City

GOTHENBURG, SWEDEN and SAN FRANCISCO, CA--(Marketwired - Jan 12, 2016) -Heliospectra AB (OTCQB: HLSPY) (FIRSTNORTH:HELIO), a world leader in intelligent lighting technology for plant research and greenhouse cultivation, is pleased to announce that it has been invited to present at the Viridian Cannabis Investor Symposium in New York City on January 13, 2016.


Nine out of ten Swedes favour illicit drugs ban

An overwhelming majority of Swedes think illicit drugs should remain banned, despite the legalization of narcotics being the subject of heated debate in recent years, a fresh poll has suggested.

A whopping 91 percent of respondents told major pollsters Sifo that they think consumption of narcotics should remain illegal. Seven percent opted against a ban and three percent said they did not know.

Stockholmers were significantly more in favour of legalizing illicit drugs, the poll suggested. No more than 82 percent of those living in the Swedish capital region said they supported an outright ban.


Swedish drug rules violate human rights

Sweden's drug policies have come in for harsh criticism from the UN. Effective treatments against drug abuse, such as needle exchange programmes, are offered in only a few parts of the country, a new report says.

Sweden has one of the EU's most restrictive drug policies, with zero tolerance for drug use and possession. At the same time, the rate of drug-induced deaths is among the highest in the union, and they are on the rise.



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