A United Nations commission voted on Wednesday to remove cannabis for medicinal purposes from a category of the world’s most dangerous drugs, a highly anticipated and long-delayed decision that could clear the way for an expansion of marijuana research and medical use. The vote by the Commission for Narcotic Drugs, which is based in Vienna […]
international marijuana
Mexico is poised to become the biggest legal marijuana market in the world. Who will most benefit?
Mexico’s marijuana revolution is on display steps from the nation’s Senate, where for the last nine months activists have maintained a fragrant cannabis garden. Each day, hundreds of people stroll amid a labyrinth of towering green plants, freely lighting joints and getting high. Their wafting smoke is meant to serve as a reminder to senators, […]
Facing stiff competition, will Colombia’s marijuana industry go up in smoke?
A intense scent hangs in the air at the 15-hectare La Chacra medicinal cannabis farm in central Colombia, where marijuana plants blossom in the warm closeness of its huge, heavily-secured greenhouse. It is one of the world’s biggest crops, but the farm, run by cannabis company Clever Leaves, has only managed to export a few […]
Global marijuana use rose by 60 percent over the past decade
The global story about cannabis — the most-used recreational drug in the world — is about as fuzzy as your body feels after taking your first hit. While some places, such as states in the US, have legalized the drug, it is strictly prohibited in others. Almost 200 million people smoke pot worldwide according to the2019 World Drug Report, published […]
Cannabis Investments Increase Nearly 600% Internationally
Compared to the first five weeks of 2017, this year’s investments represent nearly 600 percent growth. The cannabis industry registered US$1.23 billion in investments during January alone, according to Viridian Cannabis Deal Tracker – almost the total amount of money invested in the industry throughout 2016, which was US$1.29 billion. Compared to the first five weeks of 2017, this year’s investments represent nearly 600 percent growth. Viridian […]
Medical Marijuana In Germany Brings High Prices And Short Supply
Germany’s medicinal cannabis market has grown rapidly since legalization in 2017. But as demand increases, importers and producers are grappling with a shortage in supply and many patients are forced to pay a premium. When Christoph Schäkermann was diagnosed with multiple sclerosis (MS) in early 2015, it came as a shock. “I was full of […]
International Cannabis Market Expected to Hit $31.4 Billion by 2021
The international market for cannabis is projected to hit $31.4 billion by 2021, according to a new report from the Brightfield Group, a cannabis market research firm. Currently, the global market is estimated to be worth $7.7 billion and will see a compound annual growth rate of 60 percent as other countries liberalize their marijuana laws. […]
Uruguay Sets International Precedent for Marijuana Legalization as Canada Comes Next
OTTAWA – Uruguay‘s envoy to Ottawa says his small South American country has opened up some breathing room for marijuana legalization within international treaties that have outlawed recreational pot for decades. Ambassador Martin Vidal credits his country, the first to legalize recreational cannabis at a national level, as something of a trailblazer for countries like […]
Uruguay Legalizes Recreational Marijuana Sales Through Pharmacies
Uruguay’s three-year process of legalising recreational cannabis consumption reached its final stage on Thursday, when the government said it would authorise pharmacies to begin selling the substance as of July. Sixteen pharmacies have registered with the government of the tiny South American country to be able to sell marijuana for recreational purposes. That number is […]
Israel Is Moving Towards Nationwide Marijuana Decriminalization
Israel plans to decriminalise personal marijuana use, Gilad Erdan, the nation’s Public Security Minister, said on Thursday, adopting an approach similar to some US states and European countries. Mr Erdan said that if the Government approves his new policy, those caught smoking marijuana would be fined rather than arrested and prosecuted. Criminal procedures would be […]
