Will Cannabis Rescheduling In The U.S. Impact The International Cannabis Industry?

News broke yesterday in the United States regarding the cannabis plant’s status at the federal level. After decades of outright cannabis prohibition at the national level in the U.S., the DEA agreed to reschedule cannabis from its current Schedule I status to Schedule III. Arguably the most significant domestic impact that should arise out of …

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Canada’s cannabis industry prays for tax reform in federal budget

Canada’s Liberal government unveils its 2024 budget on Tuesday, and the country’s cannabis industry wants one thing above all: relief from a heavy excise-tax burden. Struggling Canadian cannabis companies have been asking for a tax cut for years now, without success. However, the 2024 budget being released Tuesday afternoon comes soon after two recent developments …

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Adult-Use Cannabis Commerce Pilot Project Begins In Bern, Switzerland

Back in November 2023, government officials in Bern, Switzerland announced that long-awaited registration was open for adult cannabis consumers who wanted to participate in a regional adult-use cannabis commerce pilot project. Municipalities in Switzerland are permitted to apply to launch pilot projects under certain conditions in which adult consumers, cultivators, and retail outlets can legally …

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German cannabis imports rise to 34.6 tons as cultivators eye end of quota system

Germany imported a record amount of cannabis for medical and scientific use in 2023, as international businesses looked for sales opportunities in Europe’s largest federally regulated medical marijuana market. In 2023, Germany imported 31,398 kilograms (34.6 tons) of cannabis products, according to the newest data from the country’s Federal Institute for Drugs and Medical Devices …

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Florida adult-use marijuana legalization will appear on ballot, court rules

Florida is poised to become the next state to legalize adult-use marijuana. The state’s Supreme Court ruled Monday that an industry-funded ballot initiative will appear on state voters’ November ballots. Lawyers for state Attorney General Ashley Moody had argued the Smart & Safe Florida initiative, known as Amendment 3, was misleading to voters. They also …

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First Medical Cannabis Prescription Issued In Greece

Greece was one of the first European nations to reschedule medical cannabis back in 2017. The goal of rescheduling was to allow suffering patients to safely access medical cannabis products via a prescription. However, it was not until recent days that Greece issued its first medical cannabis prescription. Anesthetists, neurologists, and pathologists specializing in cancer, …

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Growing Colombia cannabis exports reach $10.8 million as government extends sell-by dates

Colombia’s medical cannabis exports continued to grow last year, although sales still haven’t reached the level that the country’s operators envisioned. In 2023, the value of medical cannabis exports from Colombia was $10.8 million, according to figures provided to MJBizDaily by ProColombia, a government agency in charge of promoting nontraditional Colombian trade. The figure represents an 11.3% increase over …

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Cannabis Bill Passes In Germany, Legalization Begins April 1st

Lawmakers in Germany’s Bundesrat voted today to approve a national adult-use cannabis legalization measure. The measure, CanG, was previously approved by the nation’s Bundestag in February. The measure had faced opposition in the Bundesrat, a legislative body that represents the sixteen Länder of Germany at the federal level. The opposition within the legislative body sought …

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