Every Friday Ethnopharm gives you a rundown of the latest cannabis news from across the world

Europe

Jersey grants first CBD extraction license in the British and Irish Isles

Jersey becomes first in the UK to will allow hemp farmers to process the flowers and leaves of their crop to produce CBD oil.

Read more: https://canex.co.uk/jersey-grants-first-cbd-extraction-license-in-british-and-irish-isles/ 

Hundreds seek private prescriptions for medical cannabis in the UK

Since the legislation of cannabis last year there have been very few prescriptions for high THC on the NHS. This has lead to desperate families seeking private prescriptions that can cost up to £800 per month

Read more: https://www.bbc.co.uk/news/health-49333826

How can we improve awareness of cannabis as a medicine in the medical community

Gregor Zorn Co-founder of the European Cannabinoid Therapy Association shares his thoughts on the stigma surrounding cannabis as a medicine and how it affects patients.

Read more: https://www.healtheuropa.eu/improve-awareness-of-cannabis/92800/

North America

Canopy Stocks dropped 17% after a disappointing quarterly earnings report.

The world’s largest cannabis company Canopy Growth reported a loss of over 1 billion Canadian dollars in their last quarter.

Read more: https://www.marketwatch.com/story/canopy-growth-slides-11-to-drag-broader-cannabis-sector-lower-2019-08-15

More Scandal at Canntrust after Health Canada finds violations at second cannabis facility

A month after Health Canada stopped sales of several tonnes of Canntrust cannabis produced at the companies Pelham facility. Health Canada has found regulatory issues at Canntrust’s second Ontario production site in Vaughan.

Read More: https://business.financialpost.com/cannabis/cannabis-business/canntrusts-vaughan-cannabis-facility-found-non-compliant-by-health-canada

South America

Avicanna announces a joint venture with an analytical firm

Cannabis company Avicanna has announced a joint venture with Canadian analytical company Sigma Analytical services LTD. Avicanna and Sigma plan to open the first cannabis exclusive analytical lab in south America specialising in Canadian and European quality standards

Read more: https://www.benzinga.com/markets/cannabis/19/08/14232454/avicanna-sigma-analytical-partner-on-first-gmpglp-cannabis-testing-lab-in-south-america

Oceania

Leafcann receives a full set of licenses

Medical cannabis company Leafcann has been granted full licences to research and cultivate medical cannabis in Australia.

Read more: https://www.healtheuropa.eu/australia-medical-cannabis/92855/

Cannabis amoungst teens dropping in New Zealand

A recent study suggests long term cannabis use has dropped amoungst young people in New Zealand.

Read more: https://www.stuff.co.nz/national/health/115031318/cannabis-use-among-teens-dropping-thanks-to-changing-attitudes-towards-risky-behaviors

Asia

Thailand warned against cannabis policy by the international narcotics control board

The INCB has warned that Thailand could lose import privileges for certain medicines if it decided to decriminalise cannabis for recreational use.

Read more: https://www.marketwatch.com/story/canopy-growth-slides-11-to-drag-broader-cannabis-sector-lower-2019-08-15

Africa

Lesotho Ministry officials involved in cannabis conflict

Two officials who oversee cannabis licensing in Lesotho have been criticised after it was found the pair have links to a UK company who plan to cultivate and distribute medical cannabis in the region

Read More: https://www.news24.com/Africa/News/amabhungane-lesotho-officials-cannabis-conflict-20190814

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