Hanover's cannabis club started as a fringe outfit of nine members campaigning for the right to legally light up joints. Now the group, and others like it, are flourishing and mainstream as Germany gears up to legalise marijuana. This month the government approved a draft law legalising the purchase and possession of cannabis for recreational use, despite fierce criticism. At … [Read more...] about German ‘cannabis clubs’ on high as legalisation looms
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Daily Blackouts Strain a Poor Spanish Neighborhood. Is Marijuana to Blame?
Spain’s largest electricity company says daily power outages are caused by indoor marijuana farms that overload the grid. “Easy excuse,” residents reply. Workers installing new electrical cables in northern Granada, Spain. On a recent morning, Ángel Ortiz Rodríguez was slumped on a sofa in his apartment in Granada, in southern Spain, a tangle of breathing tubes protruding from … [Read more...] about Daily Blackouts Strain a Poor Spanish Neighborhood. Is Marijuana to Blame?
German cabinet approves plans to legalise cannabis for recreational use
The legislation would allow adults to possess up to 25 grams (0.9 ounces) of cannabis and grow up to three plants for personal use. People would also be allowed to join non-profit "cannabis clubs" of up to 500 members where the drug can be legally cultivated and purchased. The bill still needs to be approved by lawmakers in the German parliament, who return from their summer … [Read more...] about German cabinet approves plans to legalise cannabis for recreational use
Philip Morris buying Israeli cannabis firm for up to $650M, report says
Multinational tobacco giant Philip Morris International is buying the Israeli cannabis tech firm Syqe Medical in a deal worth up to $650 million, according to the Israeli business newspaper Calcalist. Syqe’s chief product is a metered-dose pharmaceutical-grade inhaler that allows patients to measure an exact dose of medical cannabis. If completed, the deal would mark one of … [Read more...] about Philip Morris buying Israeli cannabis firm for up to $650M, report says
Marijuana grower Canopy eyes share consolidation after Nasdaq warning
Canadian cannabis producer Canopy Growth plans to seek approval to consolidate its shares after the Smiths Falls-based company was notified by the Nasdaq that it does not meet the stock exchange’s listing standards. Maintaining a minimum bid price of at least $1 per share is one of the Nasdaq’s listing requirements. However, the closing bid price of Canopy’s shares has been … [Read more...] about Marijuana grower Canopy eyes share consolidation after Nasdaq warning
Cannabis News Headlines From Around The World
News Americas, NEW YORK, NY, Fri. July 7, 2023: Here are the cannabis headlines making marijuana news globally and in the Caribbean and Latin America this week in less than 60 seconds: One California county is taking the old saying “a day late and a dollar short” to the extreme. Santa Barbara County’s Board of Supervisors just gave their initial approval for a law that would … [Read more...] about Cannabis News Headlines From Around The World
Hong Kong Police Seize $83M of Cocaine, Cannabis
Hong Kong police seized HK$650 million worth of cocaine and cannabis in the biggest haul uncovered this year, South China Morning Post reports. Authorities arrested four men aged 25 to 32 on suspicion of drug trafficking. Confiscated in a three-day-long operation, which concluded last Friday, the Hong Kong narcotics bureau seized a whopping 592kg of suspected cocaine and 91.2 … [Read more...] about Hong Kong Police Seize $83M of Cocaine, Cannabis
Paraguayan Police Raze Cannabis Crops Considered the World’s Worst Weed
H/T: www.celebstoner.com Despite being the "largest producer of pressed marijuana" globally and the fourth leading cultivator of "psychoactive marijuana" after Morocco, Mexico and Afghanistan, Paraguay is known for producing the worst pot. "It's really bad," one Brazilian tells CelebStoner. According the a 2022 PevGrow report, "It is a poor quality product and in many cases … [Read more...] about Paraguayan Police Raze Cannabis Crops Considered the World’s Worst Weed
Five carrying 700kg cannabis arrested in Jewar
Noida: A truck loaded with sacks of cannabis meant for distribution in colleges and universities of Delhi-NCR was intercepted by police on the Yamuna overbridge at Jewar in Greater Noida on Friday. Police also arrested five persons for smuggling 700kg of cannabis from Odisha. In the last 2 months, more than 1,500 kg of cannabis has been recovered by police in Greater … [Read more...] about Five carrying 700kg cannabis arrested in Jewar
Argentina targets $500m in cannabis sales and 10,000 jobs as it eyes up export market
Argentina's government says it is hoping to achieve $500m (£422m) in domestic cannabis sales and $50m in exports by 2025. Recreational use is still banned but people can grow their own plants for medicinal use and authorities now want to allow more private firms to produce the drug. "The industry has incredible potential," said Gabriel Gimenez, director of the newly created … [Read more...] about Argentina targets $500m in cannabis sales and 10,000 jobs as it eyes up export market
