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UK Set To Approve First Three CBD Products In 2025 After Public Consultation
Thursday, December 5, 2024 - 1:25pm | 600The Food Standards Agency (FSA) will recommend a first set of three CBD product applications to ministers in spring/summer 2025, the agency said in its latest report. A recommendation will be made following an eight-week public consultation launching in early 2025. "Three applications for CBD (>...
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NASDAQ-Listed Weed Stock, High Tides Surges Over 21% In Last Two Sessions
Monday, December 2, 2024 - 6:30pm | 405Data from Benzinga Pro shows High Tide Inc. (NASDAQ:HITI) shares experienced a significant surge, gaining over 21% in the last two trading sessions, closing at $3.47 on Monday, December 2. This positive performance was reflected in a trading volume of 2,396,045 shares and a market capitalization of...
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UK Relaxes Hemp Rules, Skips Raising THC Limits Or Cutting Licensing Fees
Monday, November 11, 2024 - 8:26pm | 680The UK government announced changes to ease restrictions on hemp farming, but it did not make it clear if it plans to raise the THC limit for industrial hemp from 0.2% to 0.3%, writes Hemp Today. Under the new rules, starting in the 2025 growing season, licensed growers will be allowed to plant...
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UK Parents Want National Health Service To Allow Cannabis For Children With Epilepsy
Friday, November 8, 2024 - 11:12am | 774Six years after the United Kingdom legalized medical marijuana, families struggling to obtain life-saving medicine through the National Health Service (NHS) returned to Westminster on Tuesday, demanding change. They displayed photos of their loved ones who experienced significant improvement with...
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Mold, Lead, E.Coli And Other Deadly Contaminants Found In 90% Of Illegal Cannabis Samples In UK
Monday, October 28, 2024 - 8:46am | 807As many as 90%of illegal cannabis samples tested in the UK contained contaminants, including mold, yeast, lead, E.coli or salmonella, according to new research. This report combines data from several sources, including laboratory analyses of 60 illegal cannabis samples seized by law enforcement in...
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UK Drug Deaths Reach Historic Highs As Advocates Urge Reform, Harm Reduction Policies
Saturday, October 26, 2024 - 1:30pm | 1067Drug-related deaths in England and Wales have surged to their highest level since 1993, according to the latest figures from the Office for National Statistics (ONS). An alarming 5,448 fatalities were registered in 2023 alone, marking an 11% increase from the previous year. Cocaine-related deaths...
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Medical Marijuana For Chronic Pain Could Cut UK's National Health Costs By $5.19B Annually, Improving Health Outcomes
Wednesday, October 23, 2024 - 11:20am | 676Allowing medical marijuana to be prescribed on the National Health Service (NHS) for chronic pain could save the national healthcare provider nearly £4 billion annually ($5.19 billion), new research reveals. The independent analysis of the economic case for prescribing medical cannabis on the NHS...
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UK Medical Marijuana Provider Releaf Partners With Glass Pharms To Secure Medical—Grade Cannabis
Tuesday, October 22, 2024 - 1:20pm | 558One of the UK’s fastest-growing medical marijuana providers, Releaf, confirmed Tuesday it has partnered with domestic producer of medical cannabis, Glass Pharms. Under the partnership, Glass Pharms will provide Releaf with 145kg (320 pounds) of high-quality medical-grade cannabis. “This...
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As UK Medical Marijuana Market Booms, Cannabis Clinics Receive Good Practice Guide
Monday, October 21, 2024 - 10:58am | 808The Cannabis Industry Council (CIC) has published a good practice guide for prescription cannabis clinics in the United Kingdom. The guidance contains 10 principles of good practice and five specific policies for clinics to implement. "The Cannabis Industry Council believes that prescription...
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Cannabis Trafficker Who Planned to 'Flood the Valleys' With Weed Used Banksy Art To Launder Money, Court Reveals
Saturday, October 12, 2024 - 3:00pm | 536“Commercial success is a mark of failure for a graffiti artist. We're not supposed to be embraced in that way.” Banksy A UK cannabis dealer who laundered his illegal earnings through artworks by the elusive British street artist Banksy has been sentenced to three years in prison....
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Malta Officials To Confiscate HHC Products, UK's Medical Marijuana Private Sector Booms, Germany Advances Licensing
Saturday, October 12, 2024 - 10:28am | 994Over the past several years, Europe has become more open-minded about medical and recreational marijuana. Here are some of the latest cannabis developments from Malta, Germany, and the United Kingdom. Malta: Officials Will Confiscate HHC Products Malta officials confirmed recently in a press...
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Cannabis In Europe: From Marijuana Busts To New Industry Partnerships, Here's What's New In Poland, Greece And UK
Sunday, October 6, 2024 - 9:37pm | 679New Polish And Portuguese Hemp Partnership Hemp&Health (WSE: HMP), a Polish medical cannabis company, agreed to acquire a 5% stake in the Portuguese company Hibisco Discreto, which owns the Voyager Genetics brand, reported Business of Cannabis. The shares were bought for €20,000 ($22,065)....
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UK Could Net Up To $12.6B Annually From Cannabis Legalization
Tuesday, October 1, 2024 - 3:22pm | 579The United Kingdom could generate between $4.38 billion and $12.6 billion annually in tax revenue by legalizing and regulating cannabis for adult use, according to a new report by CLEAR, a cannabis reform advocacy group. The paper lays out a detailed framework for the UK’s potential cannabis...
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Are Investors Missing The Forest? 35% Stock Drop Masks The International Potential Of This Weed Company
Saturday, September 14, 2024 - 2:32pm | 489InterCure Ltd. (NASDAQ:INCR) has shown resilience in its H1 2024 performance despite facing significant challenges, according to equity research by Pablo Zuanic of Zuanic & Associates. The company reported revenues of 126 million NIS ($33.97 million), surpassing the estimated 121 million NIS. ...
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UK Cannabis Firm Raises £1.05M Via Discounted Offering, Expands Partnership With Danish Medical Marijuana Producer
Wednesday, September 11, 2024 - 9:05am | 759The London-listed cannabis-focused pharma company Celadon Pharmaceuticals Plc (AIM: CEL) raised £1.05 million ($1.37 million) by selling 2.63 million new ordinary shares at 40 pence per share. This price is about 23.8% lower than the previous day's share price of 52.5 pence. The discounted...