Europe cannabis

Irish Psychiatrists Demand Immediate Ban On This Synthetic Cannabinoid Over Safety Risks Ireland's public is worried about semi-synthetic cannabis and its availability across the European country. The College of Psychiatrists of Ireland urged the Government to swiftly ban the distribution and sale...

The Italian parliament’s lower house voted Thursday to ban the sale and distribution of low-THC hemp flowers and products, often referred to as “cannabis light.” The decision came after a 157 to 109 vote in favor of amending the Security Bill to ban these substances, which have...

The U.S. cannabis industry is facing a persistent roadblock — access to institutional capital. Despite the market’s growth, many cannabis companies struggle to secure the financial backing needed to sustain operations and expand, according to William Muecke, co-founding managing member of...

Over the last several years, Europe has become more open-minded about medical and recreational marijuana. Here are some of the latest cannabis developments from Malta, Poland, The Netherlands, and Norway. Malta: Head Of Cannabis Regulatory Authority Says Harm Reduction Approach Is Working About...

Curaleaf Holdings, Inc. (OTC: CURLF) announced a second-quarter revenue of $342 million, reflecting a 2% increase from the previous year. Key Financial Indicators Net Loss: Curaleaf experienced a net loss of $48.9 million for the quarter, marking a per-share loss of $0.06. Gross Profits and...

Norway, often hailed as a paragon of liberal democracy, faces a contradiction between its progressive image and the government’s stance on drug users. Recent comments from Emilie Enger Mehl, the Minister of Justice and Public Security vividly illustrate this paradox, raising questions about...

Some European cannabis companies are already planning initial public offerings (IPOs) on the Nasdaq, encouraged by the prospect of a less restrictive regulatory environment. The potential rescheduling of cannabis to Schedule III of the Controlled Substances Act and Germany’s...

The Czech Republic seems to be considering a fully legal commercial adult-use cannabis market as part of its ‘Cannabis Management Act,' according to leaked documents. The news, reported by Business of Cannabis, follows the resignation of the National Drug Coordinator‘s decision to resign...

On Monday, July 8, Germany opened its first cannabis social club, just about one week after the law allowing these places took effect. Lower Saxony Minister of Agriculture Miriam Staudte announced that the permit was awarded by her office to Social Club Ganderkesee. The news comes some two months...

The first data recorded from a pilot study on the controlled dispensing of recreational cannabis in the canton of Basel-Landschaft are now available. This study, named the "Grashaus Projects," is one of seven approved by the Swiss Federal Office of Public Health (FOPH). The primary objective of...

Orléans, France-based Overseed Biotech, which focuses on agronomic research and development of cannabis-derived medicines, raised 6.7 million euros ($7.25 million) in Series A fundraising round with the goal of becoming the first French manufacturer of 100% medical cannabis medicines, writes EU-...

Germany has taken a huge step in cannabis regulation, legalizing cannabis clubs as of July 1, 2024. Each club can have up to 500 members who can grow, share and enjoy cannabis together. Each member can receive up to 25 grams per day and 50 grams per month. But, as with many new policies,...

On July 1, 2024, Boris Jordan, chairman of Curaleaf Holdings (OTC: CURLF), participated in a fireside chat with Pablo Zuanic, senior analyst to discuss Curaleaf's strategic initiatives in Europe and the hemp derivatives market. European Market Leadership Jordan noted that Curaleaf...

Organigram Holdings Inc. (NASDAQ:OGI) (TSX:OGI) announced on Tuesday a strategic investment aimed at expanding its presence within the burgeoning European cannabis market. What Happened The Toronto-based company will utilize proceeds from its Jupiter strategic investment pool and invest €14 million...

Tapping Expert Insights On EU Cannabis Logistics The European cannabis market, valued at approximately $2.17 billion in 2023, is projected to grow at a CAGR of 19.3%, reaching around $11.09 billion by 2032, fueled by widespread legalization and the recognized therapeutic benefits of medical...