international marijuana Archives - Cannabis Business Executive

Africa Warms Up To Marijuana Farming For Research And Export

September 15, 2021
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Africa
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Traditionally treated as a taboo plant in most African countries, marijuana is slowly being embraced across the continent, as scientists and researchers explore new medical therapies for emerging diseases. The burgeoning, multibillion dollar marijuana market is driven by unprecedented global…

Mexico Could Soon Become the Largest Legal Marijuana Market in the World

February 25, 2021
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Mexico
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When a crew of cannabis activists reached the Mexican Senate here in Mexico City in February 2020, shovels in hand, they started digging up the yellow-tipped bushes near the security check, then the knee-high grass that surrounds the plaza. They…

U.N. Reclassifies Cannabis as a Less Dangerous Drug

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…

Mexico is poised to become the biggest legal marijuana market in the world. Who will most benefit?

October 12, 2020
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Mexico
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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…

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…

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…

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…

Medical Marijuana In Germany Brings High Prices And Short Supply

January 26, 2018
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Germany
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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…

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…

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…

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…

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…