We handpicked some news highlights from the cannabis industry around the globe. This article covers topics from 16/02 to 01/03/2023.
Rolling Stone encourages people to get involved in the cannabis industry
Rolling Stone has published a piece encouraging people to get involved in the cannabis industry. It describes the business as ‘sexy’ and rife with career growth opportunities. “Not only is it a product that can enhance quality of life, but it also offers a chance to ascend through the ranks at lightning speed, unlike traditional industries, while the sector balances and expands.”
Business in Lesotho has stalled
Business in Lesotho, the first country in Africa to legalise medicinal grow, has stalled. Licences to grow are expensive and hard to come by, leaving small-time growers excluded from the economic benefits that were meant to be available to all.
Thailand is heading into election season
Thailand is heading into election season with its key cannabis legislation in limbo. This means that last year’s chaotic decriminalisation of the plant will be a campaign issue amid a boom in the sale and consumption of cannabis products.
An Italian court has overturned a decree classifying hemp as a narcotic
An Italian court has overturned a decree classifying hemp as a narcotic, siding with cannabis associations which argued for the use of the whole plant. This decision authorises the use of the whole hemp plant in Italy, bringing the country in line with EU regulations.
Bad news from Spain
In Spain, a proposal for a Law by the Republican Left of Catalonia (ERC) has been rejected, which aimed to regulate cannabis in an “integral” way. This was the second time the proposed legislation has been rejected.
The effects of a cannabis harvest festival in Paraguay
A cannabis harvest festival in a region of Paraguay usually known for drug trafficking has sparked hopes from local farmers that legalisation could follow. Cannabis for medicinal use has been legal in the country since 2017, but it must be imported. Local cultivation is not currently authorised. A handful of labs import cannabis into Paraguay for legal medicinal use but sell it at exorbitant prices.
An Israeli company uses AI
An Israeli company has launched a series of hybrid cannabis products produced with the aid of Artificial Intelligence. The company’s new medical-grade products all contain at least 22% THC. These strains were bred with the assistance of the tech engine GeneRator AI.
…and on a lighter note
A cannabis distributor in Cologne is looking for a cannabis sommelier. The successful applicant, who will have to have a medical license, will earn around 100 000 per year.