A Buddhist monk fishes out a vial of cannabis oil from his robe and puts a drop under his tongue — one of many flocking to a weed festival in northeastern Thailand, where excitement is building over a medical marijuana boom. Thailand became the first country in Southeast Asia to legalize marijuana for medicinal purposes
The legal cannabis market is increasingly big business. Whilst growth projections vary widely, they only point in one direction: up. The US legal cannabis market is projected by RBC Capital Markets to be worth $47bn in annual sales within a decade. A host of listed businesses have come to market, concentrated on the Toronto Stock
The global legal marijuana market is expected to reach USD 146.4 billion by the end of 2025, according to a new report by Grand View Research, Inc. Usually a topic of debate, due to its medical benefits, cannabis also has a huge potential to boost India’s economy and create millions of jobs. As a nation, we
Australia’s first ever tax-payer funded medical marijuana greenhouse has opened in Sydney. The Federal Government relaxed medical cannabis restrictions in March 2018, paving the way for the greenhouse’s creation. To read more…
This year has been one of exceptional growth for Chinese cannabis production. But as interest in the fast-growing market surges, government authorities are clamping down on its production. Companies like Shanghai Shunho New Materials Technology Co and Zhejiang-based Conba Group have been moving into the space since the beginning of the year. And just this month,
Here are some notable stories and events to watch for in the coming days: MAKING IT OFFICIAL: Contracts between Germany’s Federal Institute for Drugs and Medical Devices and the three companies it tentatively selected to cultivate and distribute its medical cannabis could be formalized as early as Wednesday after a mandatory 10-day appeals process expires. Ontario,
Motorists caught driving after consuming cannabis will no longer face having their licences immediately revoked in Germany. A federal court in Leipzig ruled the licensing authority must now first determine, with a medical evaluation, whether the marijuana user is fit to drive, daily newspaper Deutsche Welle reported. German law stated that a driver’s licence could be revoked if they could not drive due to the consumption of
When it comes to cannabis legislation, Australia is falling behind. While medicinal cannabis products are available, they’re not easily accessible. More than two years after being legalised nationwide, access remains severely restricted with patients having to jump through hoops to access cannabis products. But it’s not just the medicinal cannabis space where we’re lacking. The
The Dutch government is to press ahead with experiments in regulated marijuana production involving 10 licenced growers, according to the detailed plans which were published on Thursday. The long-awaited experiment with regulated growing is supposed to remove the gray area between the sale of marijuana in council-licenced coffee shops and the illegal cultivation and supply.
Drug driving laws are too harsh and need to change, according to a legal expert. The Australian Capital Territory assembly is debating a bill to legalise cannabis for personal use. The bill, supported by the Labor-Green government, would allow people to grow two plants and hold up to 50 grams of the drug – but