Cannabis News Europe


on December 30, 2019 in Cannabis News Europe

What is stopping medical cannabis from being accepted in the UK?

Submitted by Marijuana News Following extensive public awareness campaigns and increased media pressure on the healthcare system, the legalisation of medical cannabis in November 2018 was hailed a monumental victory among clinicians and patients alike. The hope was that the UK had finally caught up with other progressive countries, embracing the potential for medical cannabis to treat a diverse array of ailments. In other leading Commonwealth nations – namely Canada and Australia – it is gaining popularity in leaps and bounds with medical patients who use it as a non-toxic, non-physiologically addictive alternative to powerful pharmaceutical drugs. Yet, the...

Submitted by Marijuana News Following extensive public awareness campaigns and increased media pressure on the healthcare system, the legalisation of medical cannabis in November 2018 was hailed a monumental victory among clinicians and patients alike. The hope was that...

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on November 30, 2019 in Cannabis News Europe

Cannabis companies are eyeing the opportunities in Europe

Submitted by Marijuana News The North American cannabis market is going through growing pains and companies focused on making profits from the new green gold experienced major losses. Meanwhile, in Europe, the emerging cannabis sector opens up new opportunities of expansion to companies like World High Life PLC (NEX:LIFE). It is time for a fresh look at the cannabis sector because while equity valuations and investor sentiment change, the cannabis market itself remains attractive. Canopy Growth (TSE:WEED) is the blue-chip cannabis market leader and the company that was the first to secure significant capital, when Constellation Brands Inc. (NYSE:STZ)...

Submitted by Marijuana News The North American cannabis market is going through growing pains and companies focused on making profits from the new green gold experienced major losses. Meanwhile, in Europe, the emerging cannabis sector opens up new opportunities...

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on November 30, 2019 in Cannabis News Europe

2019 Was A ‘Year Of Stagnation’ For Europe’s CBD Market

Submitted by Marijuana News Regulatory blockages are stymieing the growth of the European CBD industry, says one of the continent’s leading experts. Antonin Cohen has been involved in the European CBD and cannabis industry for the last decade, initially as an activist and later an entrepreneur. He produced his first product for the CBD and industrial hemp market in 2013 and is now the founder and CEO of Harmony. Speaking at the Global Cannabis Institute conference in London, last week, he said: “2019 looks like being a year of stagnation for the CBD industry in Europe, it is facing many...

Submitted by Marijuana News Regulatory blockages are stymieing the growth of the European CBD industry, says one of the continent’s leading experts. Antonin Cohen has been involved in the European CBD and cannabis industry for the last decade, initially...

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on November 30, 2019 in Cannabis News Europe

Cannabis sales in EU raise $13 billion for crime gangs

Submitted by Marijuana News Europeans spent at least 11.6 billion euros (£9.9 billion) in 2017 on illegal cannabis purchases, confirming marijuana as the largest drugs market in the 28-country European Union, the bloc’s anti-drugs agency said on Tuesday. In its annual report, the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) said the EU’s overall narcotics market was worth at least 30 billion euros in 2017, up from 24 billion in 2013. The global market for illicit drugs was estimated to be worth between $426 and $652 billion, the agency said, warning that its estimates about the EU...

Submitted by Marijuana News Europeans spent at least 11.6 billion euros (£9.9 billion) in 2017 on illegal cannabis purchases, confirming marijuana as the largest drugs market in the 28-country European Union, the bloc’s anti-drugs agency said on Tuesday. In...

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on November 30, 2019 in Cannabis News Europe

EU should adopt German standards on medical cannabis, campaigners say

Submitted by Marijuana News Germany’s regulatory approach to medical cannabis is good practice and should be replicated across Europe, according to newly-born European Medicinal Cannabis Association (EUMCA). The recently established lobby group is taking its first steps in the Brussels bubble, advocating for an EU-wide regulatory framework on medical marijuana. While the market for medical cannabis is already well developed in some EU member states, only EU-wide standards can ensure patients have the same across Europe. Different legislation across EU countries on prescribing cannabis-based medicines can hinder patients’ access to their treatment when they travel abroad, EUMCA said. “Our...

Submitted by Marijuana News Germany’s regulatory approach to medical cannabis is good practice and should be replicated across Europe, according to newly-born European Medicinal Cannabis Association (EUMCA). The recently established lobby group is taking its first steps in the...

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on November 30, 2019 in Cannabis News Europe

European Hemp Farmers Feeling Hampered By EU’s Low THC Limit

submitted by Marijuana News Since 1999, after intense lobbying from unions representing French farmers, the THC limit for European hemp has been capped at 0.2%. Yet two decades hence, that standard is being blamed for negatively impacting the viability of the European hemp industry. For instance, adoption of the 0.2% limit reduced both the number of hemp strains listed in the official European Union (EU) plant variety catalogue, and the number of strains which European farmers can cultivate (as of November 2019, the catalogue contained 72 hemp strains). By definition, reducing the number of strains limits hemp farmers’ choices...

submitted by Marijuana News Since 1999, after intense lobbying from unions representing French farmers, the THC limit for European hemp has been capped at 0.2%. Yet two decades hence, that standard is being blamed for negatively impacting the viability...

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on October 30, 2019 in Cannabis News Europe

EU novel food and the legal status of CBD oil

Submitted by Marijuana News There have been times when the Cannabidiol market in Europe suffered neglect because its safety for consumption was in doubt. However, in recent times, we have witnessed experts express that there is hope for cannabis products. (This is an ‘Opinion‘ article, written by one of our readers.  Click HERE to learn how to get your article published) Research results conducted by market experts, reveals that despite past and present hurdles, the European CBD market is going to experience a boom in the very near future. Speaking about past and present hurdles, the Cannabidiol (CBD oil)...

Submitted by Marijuana News There have been times when the Cannabidiol market in Europe suffered neglect because its safety for consumption was in doubt. However, in recent times, we have witnessed experts express that there is hope for cannabis...

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on October 30, 2019 in Cannabis News Europe

European legal cannabis a “prime investment target” for North American money

Submitted by Marijuana News European cannabis has become a “prime investment target for excess cash” for North American firms emboldened by high valuations in USA, a sector expert says. Ben Langley, chief executive of investment company Grow Biotech, said that a “steady wave of capital flowing to Europe” is starting to roll across the Atlantic from entrepreneurs and investors who have “cash to deploy, global ambitions, and experience operating in ‘legal’ markets”. According to broker Liberum, cannabis sector fundraising in UK has only reached £45mln year-to-date, “a drop in the ocean” compared to the £30bn raised in North America....

Submitted by Marijuana News European cannabis has become a “prime investment target for excess cash” for North American firms emboldened by high valuations in USA, a sector expert says. Ben Langley, chief executive of investment company Grow Biotech, said...

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on October 30, 2019 in Cannabis News Europe

New call for unified global CBD testing standards

Submitted by Marijuana News New standardized purity tests would prevent unscrupulous CBD companies gaming the system to secure favorable results, says a U.K. industry body. The London-based Centre for Medicinal Cannabis (CMC) is to gauge the appetitive for a new set of internationally-recognized CBD testing guidelines. In a press release the CMC says it has appointed leading chemist Dr Parveen Bhatarah, to investigate how to overcome the ‘barriers to analytical method standardization in the CBD-space’. Recent research from the CMC highlighted the size of the problem currently facing the industry. CBD Compliance Concerns It found out of 29 of...

Submitted by Marijuana News New standardized purity tests would prevent unscrupulous CBD companies gaming the system to secure favorable results, says a U.K. industry body. The London-based Centre for Medicinal Cannabis (CMC) is to gauge the appetitive for a...

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on October 30, 2019 in Cannabis News Europe

Europe could lose more ground in the medicinal cannabis industry

Submitted by Marijuana News Europe is at risk of losing the market share to Africa in the medicinal cannabis industry, and Eco Equity have spotted the global potential. There is a reluctance by some European policy and law makers to embrace the economic potential of medicinal cannabis and as a result they are seeing opportunities lost to more progressive markets. Europe could lose more ground following Lesotho and Zimbabwe’s decisions to allow cultivation of medicinal cannabis for mass export. African and Caribbean countries such as Zimbabwe and Antigua have identified the economic opportunity of supporting the growth of the...

Submitted by Marijuana News Europe is at risk of losing the market share to Africa in the medicinal cannabis industry, and Eco Equity have spotted the global potential. There is a reluctance by some European policy and law makers...

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