Cannabis News Box

France will launch a two-year medical cannabis trial program to assess plant’s efficacy

France will launch a two-year medical cannabis trial program to assess plant’s efficacy

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

Later this year, a two-year medical cannabis trial program is expected to begin in France. The news comes after an important government committee submitted recommendations for the program’s commencement last September. Established in 2018 by the French Agency for the Safety of Medicines and Healt...

Germany’s pensioner-dominated medical cannabis market demanded 1,650 pounds of flower in Q1 2019

Germany’s pensioner-dominated medical cannabis market demanded 1,650 pounds of flower in Q1 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 8, 2019

Older patients are steering Germany’s medical cannabis market, with the biggest patient group comprising residents aged between 50 and 59 years of age.  This is according to the latest data published by the German government, which also highlights swelling market demand for cannabis flower; in the first quarter of 2019 (Q1 2019), the European country’s flower imports exceeded 1,650 pounds. Considering those figur...

Italy’s interior minister is declaring an almighty war on cannabis

Italy’s interior minister is declaring an almighty war on cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 27, 2019

Italy’s Deputy Prime Minister, Matteo Salvini has made a pledge to shut down Italy’s "cannabis light" stores, which have posed a problem for the European country since 2016. It was during this year that hemp production became regulated countrywide. Salvini, a 46-year-old Italian politician and sel...

Beijing is threatened by the prospect of federal cannabis legalization in the U.S.

Beijing is threatened by the prospect of federal cannabis legalization in the U.S.

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 27, 2019

While it may be an exciting time for cannabis reform in the U.S., officials over in Beijing don’t seem quite as pleased at the prospect of legalizing pot. Deputy director of the China National Narcotics Control Commission, Liu Yuejin, recently announced his thoughts on cannabis legalization in th...

Cannabis industry analyst says investor interest is moving from Canada to the States

Cannabis industry analyst says investor interest is moving from Canada to the States

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

Canada might have blown its chance to become a global pioneer in pot production, with investors seeking out opportunities south of the border. According to CIBC World Markets analyst John Zamparo, his firm has been in discussions with investors who have indicated they're shifting their attention from Canada to the ...

Canada vows to funnel $24.5 million into cannabis research

Canada vows to funnel $24.5 million into cannabis research

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

Cannabis research in Canada will be amplified this year, thanks to a $24.5 million contribution from the Canadian Institutes of Health Research. The organization plans to use the investment for 26 separate projects, all of which will focus on the broad spectrum that encompasses medical cannabis. ...

Report: Ethiopia’s cannabis market could be worth $10 billion

Report: Ethiopia’s cannabis market could be worth $10 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

Washington-based cannabis industry analytics company New Frontier Data has published a report that spotlights the earning potential of Ethiopia's cannabis market. Titled "the African Regional Hemp & Cannabis Report 2019," this interesting insight into the East African country's cannabis market re...

Report: Asia’s medical cannabis market will swell to $5.8 billion in value by 2024

Report: Asia’s medical cannabis market will swell to $5.8 billion in value by 2024

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 31, 2019

Based on detailed findings recently published in the Asian Cannabis Report, legalizing weed in Asia could significantly bolster the economy. By the year 2024, researchers say that the medical cannabis market in Asia will be valued at an estimated $5.8 billion. This is based on a report by cannabis indust...

China is capitalizing on the rise of medical cannabis

China is capitalizing on the rise of medical cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 22, 2019

As most people already know, a lot of things are stamped with the words “Made in China” on them. After all, China is a hub for creation and innovation. From big-name clothing brands like Prada and Burberry, to the Apple and Android devices that many of us rely on in everyday life, a large chunk of glo...

Fresh report gives ‘realistic’ insight into European cannabis market

Fresh report gives ‘realistic’ insight into European cannabis market

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

Based on a new report from Marijuana Business Daily, year-over-year cannabis sales in Europe are climbing. The statistics spell out promising things for investors in the European medical cannabis market, with the recent report spotlighting how future demand for the plant could surge as more of its medical ben...

Mexico may soon decriminalize cannabis

Mexico may soon decriminalize cannabis

May 13, 2019

Thor Benson / Cannabis News Box Contributor Mexico’s president is currently proposing a plan to decriminalize cannabis in the country. Mexican President Andrés Manuel López Obrador outlined his proposal in what is called the “National Development Plan.” The plan would provide prescription canna...

Mexico plans to legalize recreational cannabis this October

Mexico plans to legalize recreational cannabis this October

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 3, 2019

It’s hard to ignore the rate at which the cannabis industry is growing, and it looks like Mexico could be next to enact legislation. In fact, recent reports have revealed how the North American country plans to legalize pot before October. Support for cannabis legalization in the U.S. has jumped from 25 percent in 1995 to 66 percen...

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