In the global cannabis landscape, Africa is an overlooked market. This is due to a number of factors, such as the illegality of the plant across the continent and the poor economic conditions that many African countries face. Africa has the potential to become an enormous cannabis market due to the large population and favorable
With Europe fast becoming a cornerstone in the global medical marijuana industry, business leaders from dozens of countries descended on Copenhagen to discuss emerging opportunities in the burgeoning market. Capital markets, partnerships and more were on the docket Monday at Marijuana Business Daily’s inaugural European Cannabis Symposium in Denmark, one of the countries leading the
If successful, the cannabis industry would shift from agriculture-based growing into a full 3-D cell culturing platform for growing and expanding cannabinoid-producing cells. Pluristem Therapeutics, best known for developing novel placenta-based cell therapy products, announced May 6 that it has filed a US provisional patent application titled “Methods and Compositions for Producing Cannabinoids,” which covers
New Zealanders will be able to vote on whether they want to legalize cannabis in a referendum next year. The draft law under consideration would allow people over the age of 20 to purchase the drug. New Zealand will hold a referendum on legalizing cannabis during the 2020 general election, the government announced Tuesday. Justice
2019 WILL LIKELY be the year when it becomes significantly easier for patients to access medicinal cannabis in Ireland. The government has found a supplier, and Minister for Health Simon Harris is due to bring his plans for a cannabis access scheme to cabinet. Currently it is only available to a small number of patients.
Following the effects of the crypto-winter, one Chinese firm has been forced to diversify its business model away from blockchain. It’s chosen industrial hemp as the next addition to its portfolio. Grandshores Technology has historically invested in blockchain-based infrastructure and hardware but is shaping up to buy a 40-percent stake in Chinese industrial hemp producer
Germany is awarding contracts to domestic cannabis growers in an attempt to develop its medical industry and become less reliant on imports. BfArM – the Federal Institute for Drugs and Medical Devices of Germany – announced last Wednesday that it would purchase a total of 7,200 kilograms of cannabis over the next four years from
For years, the Portuguese city of Cantanhede has been known for its wine products and roasted suckling pig, a local specialty. But the city has something new: Portugal’s first medical cannabis production farm. The cannabis plant produces cannabinoids – chemical compounds used in treating health disorders. Parts of the plant are used to make the
On November 1, 2018, the UK changed the law on medicinal cannabis. Medicinal cannabis products were moved from schedule 1, meaning they have no medicinal value, to schedule 2, which allowed doctors to prescribe them under certain circumstances. This change to the Misuse of Drugs Regulations 2001 was partly a response to a rapid evidence
Is this an opportunity for Uganda to fully regularize its cannabis industry so that it realizes the full benefits of such a lucrative industry? So, there is pretty much of a scramble for cannabis in Uganda. And the government feels it is being overwhelmed by the unending demands from growers of marijuana to have the