Forecast Shows the Global Cannabis Market to Worth $147 billion by 2027
With more countries now permitting the use of and investment in medical cannabis, the global market has continued to gain momentum. While the consequences of the coronavirus pandemic are a real threat in some industries, a new study expects cannabis to boom over the next seven years. According to the report, the cannabis market is expected […]
Thailand Plans to Run its First Medicinal Cannabis Tour in 2021
Following the Thai government’s landmark decision to allow for personal medicinal cannabis use – making it the first country in the region to do so – ministries are now planning to launch a medicinal cannabis tour next year. Bangkok Post reports that as part of the new initiative, the government is aiming to launch an […]
British Entrepreneur Assists in Utilisation of High Quality Cannabis in Malawi
Following the government’s decision to allow the cultivation and processing of cannabis for industrial and medicinal use, Malawi was given a historic opportunity to benefit from its gold standard cannabis, the Malawian Gold. In the middle of all this, there is a British businesswoman. In February, Malawi became the next African country in the global […]
Thailand to Allow Cannabis Use for Personal and Healthcare
In a landmark decision, Thailand is to allow the use of most parts of cannabis and hemp in cosmetics and food. Additionally, it is reported that individuals and businesses will be able to utilise hemp seeds and seed extract, as well as CBD. After the Thai parliament approved cannabis for medical and research purposes in […]
Pro-Cannabis Party Says Full Legalisation Would Create 100,000 New Jobs in Australia
Although Australia spends more than $1bn on policing cannabis, the Greens say if the drug were legalised $20bn would be generated in the next ten years in tax revenues and savings. Unfortunately, the government has no intention to allow adult-use. However, the Help End Marijuana Prohibition (HEMP) party claims a legal cannabis market would create […]
Is Cannabis Reform Long Overdue in Ireland?
Cannabis advocates claim the Irish cannabis reform is happening way too slow, even though some change regarding medicinal cannabis might be considered a step in the right direction. The stigmatisation of the drug is still damaging the work of those organisations fighting for a more accessible cannabis market. Volteface, after having launched the European Cannabis […]
A Dive Into the Emerging Indian Cannabis Market
According to estimations, 70% of India’s population uses a form of traditional medicine called Ayurveda. This is roughly 1 billion people. At the same time, medicinal cannabis is legal, and experts argue it’s gaining momentum in the country. Indians’ will to find alternative treatments for their health issues is well-known. One of the oldest and […]
CBD Brand to Donate Profits for Child’s Epilepsy Cannabis Medication
A UK-based CBD company has pledged to donate all of its profits generated by sales using a special code to a child suffering from a rare form of epilepsy. Green Active has launched a new campaign to help Murray Gray, 8, whose story is well-covered in the UK media. Murray’s mother, Karen Gray’s, battle with […]
CBD: Is There a Difference Between Synthetic and Natural?
Prohibition Partners will hold the world’s largest virtual cannabis event next week. Global leaders will discuss various issues surrounding the drug’s situation in 2020 and provide an insight into future legislation. The four-day conference features several online sessions on topics, such as synthetic and natural CBD. Prohibition Partners Live is a great opportunity to connect […]
Could Medicinal Cannabis Be the Solution for the Deadly Opioid Epidemic?
Concern surrounding the large-scale use of opioid medications has continued to grow in recent years, as a number of negative implications become increasingly apparent. However, as access to medical cannabis continues to grow in some markets, many are wondering if it could be used as a safer alternative to opioids. Official NHS numbers show that […]