We handpicked some news highlights from the cannabis industry around the globe. This article covers topics from 19/01 to 01/02/2023.
Studies on the influence of cannabis on opioids and the demand for codeine have recently been published
The first study on the medical influence of cannabis on opioids is in: In a study published in the Journal of America Medical Association it was found that people with chronic pain are turning away from opioids to cannabis. At the same time another study has shown a sharp decline in the demand for codeine in States where cannabis has been legalised.
In Portugal Tilray is downsizing and firing 49 of their 200 workers
In Portugal Tilray is firing 49 of their 200 workers. Like many other Canadian cannabis companies, they have had step up and cut back.
In Hong Kong CBD is being made a Class A drug
In Hong Kong CBD is being made a Class A drug, putting it in the same category as heroin and fentanyl. People caught with CBD can get a seven-year jail sentence and a fine of $170000. Trafficking or manufacturing it will get you life imprisonment.
Rastafarians in Barbados are complaining that they are being sidelined when it comes to growing legal cannabis
Rastafarians in Barbados are complaining that they are being sidelined when it comes to growing legal cannabis. As in a lot of other emerging market countries, the smaller farmers in Barbados are getting increasingly stepped over by big businesses.
In Zimbabwe the government has been encouraged to look at out-grower schemes
In Zimbabwe the government has been encouraged to look at out-grower schemes. This will draw the small underground farmer into the legal side of cultivating and help stimulate the economy on a grassroots level.
Greece has officially opened its first medicinal cannabis plant
Greece has officially opened its first medicinal cannabis plant. The CEO of the project has described it as “paving the way for Greece to become one of the main players in the field of production and export of medical cannabis products”.
Argentina launched the first working group to regularise and promote the country’s cannabis industry
Argentina launched the first working group of a new national agency to regularise and promote the country’s nascent cannabis industry. The agency, ARICCAME, will focus on creating new jobs and research for technological advance.
The cannabis industry in South Africa is struggling to convince the government to move ahead on new legislation
After a high-end and well publicised start, the cannabis industry in South Africa is struggling to convince the government to move ahead on new legislation. This is slowing the growth of the industry and allowing certain demands being made on South African growers rather than them setting the rules.