Forbes • 13th April 2023

What To Know About Germany's Revised Plan To Legalize Cannabis

The German government has finally revealed its long-awaited revised plan to legalize cannabis. German officials held a press conference yesterday, attended by Health Minister Karl Lauterbach and Agriculture Minister Cem Özdemir, where they announced the country's plan to legalize cannabis. The revised plan for cannabis in Germany draws on policies and experiments from other European countries with a unique twist. It seems inspired by the Swiss model for a pilot project for the sale of cannabi

Forbes • 11th April 2023

Why Germany Is Scaling Back Plans To Legalize Cannabis

Germany is set to scale back its initial plans to legalize cannabis amid legal hurdles at the European level. After an initial optimism signaled by Health Minister Karl Lauterbach, who announced a bill to legalize cannabis in the coming weeks following "very good feedback" from the European Commission, Germany has recently announced to revise its plans on how to regulate the legal industry. Lauterbach announced last week the will to introduce a revised version of the plan to legalize cannabis.

Forbes • 6th April 2023

Elite Athletes Tolerate Topical CBD Treatment With Minor Side Effects, Study Finds

A new study found that topical CBD significantly benefits elite athletes struggling with chronic lower extremity pain, opening up new possibilities for safe and effective pain management in sports. The use of CBD in sports is not new, as it has catalyzed the interests of many athletes at different levels in recent years. But a study claimed to be the first of its kind has tried to assess how topical CBD can help elite athletes manage pain. CBD, short for cannabidiol, is a popular cannabinoid i

Forbes • 31st March 2023

Amsterdam Launches ‘Stay Away’ Campaign Targeting Wild Party Behavior Of Young British Tourists

Amsterdam has launched a campaign to discourage young British tourists from visiting the Dutch capital to party wildly, which often leads to excessive consumption of alcohol and drugs and creates nuisance and misbehavior. As expected since late last year, Amsterdam launched a 'Stay Away' campaign this week aimed at addressing the nuisance caused by young tourists who come to the Dutch capital solely to engage in excessive partying with alcohol and drugs. The campaign aims to make potential tou

Forbes • 28th March 2023

Mike Tyson’s Cannabis Brand Opens A Coffee Shop In Amsterdam

TYSON 2.0, Mike Tyson's cannabis brand, has launched a new coffee shop under its brand name in Amsterdam, Netherlands. The opening of the Amsterdam coffee shop marks the company's initial venture into the European market. Starting on Friday, March 24, customers have been able to visit the new coffee shop that offers a range of products under the TYSON 2.0 brand, including accessories and other innovative items. "It is a dream come true to open our first coffeeshop in Amsterdam," said Mike Tys

Forbes • 23rd March 2023

Zurich Set To Legalize Cannabis In Swiss Trial Program

The Swiss government has approved Zurich's plan to launch a trial program for the consumption and sale of cannabis, expected to start this summer. Switzerland is expanding its pilot scheme on cannabis legalization to study the effects of legalization on the population. The pilot program aims to provide a clearer picture of the impact of cannabis legalization in the country. The Federal Office of Public Health (FOPH), Switzerland's federal government's center for public health, approved on Tue

Forbes • 21st March 2023

Medical Cannabis Operators File Complaint Against New York's Regulators

New York's medical cannabis operators filed a complaint against the state's regulators to seek opening licenses for all retail dispensary applicants. The Coalition for Access to Regulated & Safe Cannabis (CARSC), which includes New York's medical cannabis operators Acreage Holdings, PharmaCann, Green Thumb Industries, and Curaleaf, as well as two hopeful dispensary owners, as first reported by Syracuse.com, sued New York's Office of Cannabis Management (OCM) and the Cannabis Control Board (CCB)

Forbes • 16th March 2023

Germany To Introduce Bill To Legalize Cannabis In The Coming Weeks

Germany's plan to legalize cannabis has received positive feedback from the European Union, according to Health Minister Karl Lauterbach, who announced that a bill for the legalization of cannabis would be introduced in the coming weeks. Germany is moving forward with its plan to legalize cannabis for recreational use, aiming to become the first European country to regulate the sale of cannabis products. But while supranational legal frameworks may pose obstacles to legalization, Lauterbach ha

Forbes • 6th March 2023

Canadian Cannabis Company Retracts Claim Of License To Sell Cocaine

A Canadian cannabis company initially stated that it had been granted permission to sell cocaine but has since withdrawn its statement. Adastra Labs, a cannabis company based in British Columbia, announced on February 22 that it had received a license to legally possess, produce, and sell coca leaf, cocaine, and psilocybin after Health Canada, the department responsible for national health policy, granted the company's approval for an amendment under its controlled substance dealer's license on

Forbes • 27th February 2023

Netherlands To Kick Off Legal Cannabis Sale Pilot Program

The Netherlands plans to launch a pilot program to experiment with the legal sale of cannabis by the end of this year. Although the country is known to be the European heaven for cannabis users due to its tolerance policy towards the so-called “soft drugs,” the cultivation of cannabis is still illegal in the Netherlands. But a pilot program expected to start by the end of this year could pave the way toward a full legal sale of cannabis. The Ministries of Public Health and Justice in the Nethe

CannIntelligence • 23rd February 2023

Court ruling frees Italian hemp farmers and manufacturers from narcotics law

The Regional Administrative Court (TAR) of Lazio has anulled an Italian government decree on officinal plants which put the use of hemp flowers and leaves under narcotics law. This marks the first time the Italian hemp sector has appealed against a ministerial decree on hemp, which aimed to limit the use of the plant. According to the court’s ruling, the hemp plant cannot be divided by its parts and must be considered in its entirety.

Forbes • 16th February 2023

Delta-8 And -9 THC-O Are Controlled Substances, DEA Says

The U.S. Drug Enforcement Administration says that both cannabinoids delta-8 and -9 THC-O, which have been growing in popularity in recent years, are to be considered illegal controlled substances. DEA's position on the legal status of delta-8 and -9 THC-O came following an inquiry by attorney Rod Kight. DEA sent a response on February 13, highlighting that Delta-8 and -9 THCO do not occur naturally in the cannabis plant and can only be obtained synthetically. Therefore, do not fall under the

Forbes • 13th February 2023

California's Push For Amsterdam-Style Cannabis Cafes

A California lawmaker introduced a bill to allow marijuana shops to serve food and beverages and host live music events like cannabis coffee shops in Amsterdam. The proposed legislation is intended to help marijuana businesses struggling in a highly competitive market by enabling them to diversify, similar to the Amsterdam-style cannabis coffee shops that have become a famous destination for marijuana smokers visiting the Dutch capital. At these cafes, consumers can purchase food and nonalcohol

Forbes • 13th February 2023

Amsterdam Bans Cannabis Smoking In Red Light District

Amsterdam's famous red-light district will become a smoke-free zone for cannabis enthusiasts. The city council announced that smoking cannabis in the Red Light District will be prohibited starting from mid-May. This means that cannabis consumption will only be allowed inside cannabis coffee shops and not in public outdoor areas. The council also mentioned that they might consider extending the ban to the outdoor seating areas of cannabis coffee shops if necessary. This new policy is part of the

Forbes • 7th February 2023

Gun Ban For Marijuana Users Is Unconstitutional, U.S. Judge Rules

The ban on gun ownership for marijuana users in Oklahoma has been declared unconstitutional by a federal judge, as it violates the Second Amendment right to bear arms. U.S. District Judge Patrick Wyrick, on February 3, declared that an indictment against a man charged in August for violating a firearms ban was dismissed as it violated the Second Amendment of the U.S. Constitution. Jared Michael Harrison was taken into custody by Lawton police, Oklahoma, in May 2022 during a routine traffic sto

Forbes • 2nd February 2023

FDA Will Not Regulate CBD, Asks Congress To Act

The U.S. Food and Drug Administration (FDA) has announced that it will not establish regulations on CBD as a dietary supplement. After a "careful review," the FDA concluded that the use of CBD as dietary supplements still raises various safety concerns that require regulation. The agency suggests that Congress create a new regulatory pathway that balances individuals' access to CBD products with the necessary oversight to manage risks, adding it is prepared to work with Congress on this matter

Forbes • 24th January 2023

The SAFE Banking Act's Potential Impact On The Marijuana Industry

The Secure and Fair Enforcement (SAFE) Banking Act, a proposed legislation aimed at allowing banks to do business with companies operating legally within states that have legalized marijuana, had the potential to change the way the marijuana industry operates. Despite widespread support, the bill failed to pass in Congress, leaving communities at risk of crime and cannabis businesses operating solely with cash. But what could have been the impact of this legislation on the industry? The SAFE B

Forbes • 18th January 2023

THC-O Acetate May Trigger New EVALI Outbreak, Study Warns

A recent study has raised concerns that products containing THC-O acetate may lead to another outbreak of the lung injury EVALI, similar to the one that occurred in 2019. THC-O acetate products have recently become popular due to claims that they produce stronger psychoactive effects than traditional marijuana and uncertainty about their legal status in the United States. However, a new study published in the Journal of Medical Toxicology has revealed potential health risks associated with the

Forbes • 16th January 2023

Delta-8 THC Generated $2 Billion In Revenue In Two Years, Report Finds

Delta-8 THC products have seen a surge in popularity in the past two years, resulting in over $2 billion in sales as an alternative to traditional marijuana. According to a recent report by cannabis analytics firm Brightfield Group, the increasing popularity of delta-8 THC products is causing other cannabis industries to take notice and take action. Delta-8 THC is a psychoactive cannabinoid derived from hemp that has been reported to produce similar but milder effects than traditional delta-9

Forbes • 10th January 2023

Americans Turn To Medical Cannabis For Chronic Pain Management, Study Finds

More Americans use cannabis to treat chronic pain as an alternative to opioids and other medical treatments, according to a new study. The opioid epidemic has caused thousands of deaths in the United States over the years, but a new study shows that more patients are shifting to medical cannabis to treat their chronic pain. Published in the Journal of America Medical Association (JAMA) last week, the study shows that 1 in 4 adults (25.9%) with chronic pain is turning to cannabis. The authors