‘Very, Very Rich Market’: Why Top Canadian Marijuana Companies All Have Their Eyes on Europe

Four of Canada’s largest cannabis companies reported earnings this week. While many investors anxiously awaited management’s outlook for the newly-legal recreational market at home, executives clearly wanted to talk up ambitions abroad. It’s not hard to see why. Projections for fully legal cannabis in Europe, for example, dwarf comparable North American estimates. The third edition of the European Cannabis Report forecasts a market worth 115.7 billion euros (US$130.33 billion) by 2028. Meanwhile, legal cannabis in…
Four of Canada’s largest cannabis companies reported earnings this week. While many investors anxiously awaited management’s outlook for the newly-legal recreational market at home, executives clearly wanted to talk up ambitions abroad. It’s not hard to see why. Projections for fully legal cannabis in Europe, for example, dwarf comparable North American estimates. The third edition of the European Cannabis Report forecasts a market worth 115.7 billion euros (US$130.33 billion) by 2028. Meanwhile, legal cannabis in…

‘It Saved Our Business’: Italy’s Farmers Turn Low Into High With Cannabis

Hemp cultivation for non-pharmaceutical could help revert desiccation of farm land. Italian farmers are in crisis as low prices of wheat, desiccated land and big companies importing grain take their toll. But some have found a solution: growing cannabi…

Hemp cultivation for non-pharmaceutical could help revert desiccation of farm land. Italian farmers are in crisis as low prices of wheat, desiccated land and big companies importing grain take their toll. But some have found a solution: growing cannabis. Hemp cultivation has been legal in Italy since 2016, and over the last few years the amount of land dedicated to the plant has increased from 400 hectares (1,000 acres) in 2013 to 4,000 hectares today.…

Meet the Cannabis Mayor of Augsburg, Germany

Martini Meinreiß is a former construction worker, who in his words, “got infected with the cannabis legalization virus” several years ago. His blond-white dreads speak of an earlier chapter in his life spent as a bit of an international adventurer. These days, when not working on cannabis-related diplomatic missions of all kinds, he can be found in his garden and with the grandkids (from several extended families). He is also known as the “Cannabis Mayor”…
Martini Meinreiß is a former construction worker, who in his words, "got infected with the cannabis legalization virus" several years ago. His blond-white dreads speak of an earlier chapter in his life spent as a bit of an international adventurer. These days, when not working on cannabis-related diplomatic missions of all kinds, he can be found in his garden and with the grandkids (from several extended families). He is also known as the “Cannabis Mayor”…

“Legal” Weed in Italy is a Joke

I was walking down a side street in Rome near the Spanish Steps when a sign leapt out at me: “Weed Shop.” Be still my Seattleite heart. At that point I’d been traveling throughout Europe and North Africa for several months, and for all intents and purposes had been abstaining from the green-goodness. Being from a place where it’s sold recreationally with the blessing of the legislature, I’m no longer accustomed or even inclined to…
I was walking down a side street in Rome near the Spanish Steps when a sign leapt out at me: “Weed Shop.” Be still my Seattleite heart. At that point I’d been traveling throughout Europe and North Africa for several months, and for all intents and purposes had been abstaining from the green-goodness. Being from a place where it’s sold recreationally with the blessing of the legislature, I’m no longer accustomed or even inclined to…

Germany Relaunches Cannabis Tender After Scuttling First Bid

At least three companies will be selected to grow 10,400 kilograms of medical cannabis in Germany over the next four years. A week after cancelling its first cannabis tender, the German government is once again inviting marijuana growers to apply for the country’s first legal cultivation licenses. On Friday, Germany’s Federal Institute for Drugs and Medical Devices (BfArM) put out a call for 10,400 kilograms of medical cannabis, to be grown in-country over the next…
At least three companies will be selected to grow 10,400 kilograms of medical cannabis in Germany over the next four years. A week after cancelling its first cannabis tender, the German government is once again inviting marijuana growers to apply for the country’s first legal cultivation licenses. On Friday, Germany’s Federal Institute for Drugs and Medical Devices (BfArM) put out a call for 10,400 kilograms of medical cannabis, to be grown in-country over the next…

The Demand for Medical Marijuana in Germany Has Skyrocketed Over the Last Year — and It’s Costing Health Insurance Companies Millions

The demand for medical marijuana in Germany has skyrocketed since it was legalised in March last year, placing a greater burden on the country’s health insurance providers to cover the cost of prescriptions. A new report published by German health insu…

The demand for medical marijuana in Germany has skyrocketed since it was legalised in March last year, placing a greater burden on the country's health insurance providers to cover the cost of prescriptions. A new report published by German health insurance company Techniker-Krankenkasse, or TK, and the University of Bremen found that as of February nearly 16,000 patients nationwide had applied to be reimbursed for medical marijuana costs, compared to around 1,100 before the law…

Cannabis Used to Grow Wild in Europe but Went Extinct Before First Farmers Arrived, Research Finds

Scientists now believe plant was commonplace on continent in prehistoric period. The growth of wild cannabis was rife in Europe during the Stone Age, but the plant disappeared from the continent before the first farmers had a chance to cultivate it, ac…

Scientists now believe plant was commonplace on continent in prehistoric period. The growth of wild cannabis was rife in Europe during the Stone Age, but the plant disappeared from the continent before the first farmers had a chance to cultivate it, according to new research. Scientists have previously struggled to determine where the plant grew, as its similarity to the related common hop meant usual methods of studying pollen fossils had proved difficult. However, a…

Estonian District Adopts Cannabis Leaf as Its Flag Symbol After Online Poll

A rural Estonia town whose name literally means “cannabis” has voted to adopt a marijuana leaf as its official logo, a local official said Thursday. Located in southern Estonia, Kanepi’s highly unusual name is rooted in a traditional cottage industry t…

A rural Estonia town whose name literally means "cannabis" has voted to adopt a marijuana leaf as its official logo, a local official said Thursday. Located in southern Estonia, Kanepi's highly unusual name is rooted in a traditional cottage industry that sprang up around the processing of hemp into oil and fabric centuries ago. Hemp is a type of cannabis used for industrial purposes with little or no psychoactive effect. "Today the cannabis leaf is…