The global cannabis industry saw significant progress throughout September. Here are some highlights from this month’s developments:
- Panama lawmakers voted unanimously to legalise medical cannabis, becoming the seventh Latin American country—but the first in Central America—to approve the reforms. Home cultivation and cannabis advertising will remain illegal – Read more
- Italy is set to decriminalise adult-use cannabis, following a historic vote from MPs. The reforms would also allow people to grow up to four cannabis plants in their homes for personal use – Read more
- A new cannabis treatment for drug resistant epilepsy, containing THC, has been approved by the Medicine and Healthcare products Regulatory Agency (MHRA) for import into the UK. CannEpil+ which is produced by European based MGC Pharmaceuticals will initially be used to treat 10 UK patients – Read more
- After announcing their support for the Marijuana Opportunity Reinvestment and Expungement Act of 2021 (MORE Act), global e-commerce giant Amazon have gone one step further to endorse the recently introduced Cannabis Administration and Opportunity Act – Read more
- Zurich, Switzerland’s largest city, is set to begin a unique adult cannabis trial next year. The three-and-a-half-year pilot scheme will allow Swiss cities to set up their own cannabis markets and conduct their own studies on the effect of such trial cannabis markets – Read more
- The U.S. House of Representatives again approved the SAFE Banking Act which would allow banks to work with cannabis firms without fear of penalty. It’s the second time this year—and the fifth time since 2019—that the chamber has approved the legislation, which has yet to be considered in the Senate – Read More
- In the UK, York University and its partners have secured £200,000 from the government to be channelled into the university’s Hemp-30 project which has ambitious plans to deliver a 100-fold increase in UK hemp cultivation – Read More
- The Czech Republic President is expected to sign a bill that would set the limit for THC in industrial hemp at 1.0% and significantly loosen up rules regarding THC in finished hemp products – Read More
The global cannabis industry is showing no signs of slowing down. With exciting business prospects and new job opportunities up for grabs, it can be difficult to know how to make that first step.
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