European Hemp Farmers Feeling Hampered By EU’s Low THC Limit {$excerpt:n} Since 1999, after intense lobbying from unions representing French farmers, the THC limit for European hemp has been capped at 0.2%. Yet two decades hence, that standard is being blamed for negatively impacting the viability of the European hemp industry. For instance, adoption…
Cannabis sales in EU raise billion for crime gangs {$excerpt:n} 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…
How to Protect Your Brand From Counterfeiters {$excerpt:n} Global counterfeiting is expected to reach $1.82 trillion by 2020.1 Counterfeiting includes, but goes way beyond, fake watches or bogus polo shirts. In fact, no product is safe, including cannabis. Counterfeiting is insidious; it supports child labor, human trafficking, organized crime, and has been linked to terrorist groups.2 “[C]ounterfeit…
2019 Was A ‘Year Of Stagnation’ For Europe’s CBD Market {$excerpt:n} 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…
Cannabis companies are eyeing the opportunities in Europe {$excerpt:n} The North American cannabis market is going through growing pains and companies focused on making profits from the new green gold experienced major losses. Meanwhile, in Europe, the emerging cannabis sector opens up new opportunities of expansion to companies like World High Life PLC (NEX:LIFE).…
How to Protect Your Business from the Emerging Vaping Crisis {$excerpt:n} The year 2020 may become a pivotal year for cannabis operators and service providers, including increased access to financial services, and increased exposure to product liability lawsuits. On a positive note, if enacted, the Secure and Fair Enforcement Banking Act of 2019 (SAFE Banking…
Cannabidiol awareness in Europe grows {$excerpt:n} A survey gauging awareness and use of CBD among consumers in 17 European Union countries produced some interesting results. While the full report from New Frontier Data is yet to released, top level findings include: 56% of those surveyed had heard of CBD. 25% incorrectly believed CBD…
The great European cannabis cosmetics confusion {$excerpt:n} If the “recreational” discussion is off the table for now except in a few local sovereign experiments (Luxembourg, Switzerland, Denmark, Holland), and the medical discussion is mired in “efficacy” and payments (Germany, UK), where does that leave this third area of cannabis products? Namely cosmetics. The answer?…
Luxembourg’s Government Triples Medical Cannabis Budget for 2020 {$excerpt:n} While Luxembourg is a tiny country in the middle of Europe, it is beginning to play an outsized role in pushing all aspects of the cannabis discussion forward in the EU. The country has steadily moved forward on integrating cannabis into the medical system. In 2018,…
All the excuses cannabis companies are making for an ugly crop of earnings {$excerpt:n} Cannabis companies just suffered through possibly the ugliest week of an ugly year, but they all have excuses. In a flood of earnings reports that pot companies released just ahead of the mandated deadline for quarterly updates, companies proved that…
