Europe Cannabis

European Cannabis Companies Race To The Nasdaq: $1B In Tax Break On The Horizon
Leaked Documents: Czech Republic Plans To Set Up Legal Recreational Cannabis Market
Is Germany Poised To Become The Next Weed Epicenter In Europe?
Leaked Documents: Czech Republic Plans To Set Up Legal Recreational Cannabis Market
Is Germany Poised To Become The Next Weed Epicenter In Europe?
First Insights From Swiss Pilot Cannabis Sales Show Shift To Safer Consumption Trend, Fewer Purchases At Illegal Market
French Biotech Raises $7.25M In Preparation For Medical Marijuana Program

Europe Cannabis Recent News

Organigram Supports Cannabis In Germany With $15M Initial Investment In This Berlin Marijuana Co.
Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) announced on Tuesday a strategic investment aimed at expanding its presence within the burgeoning European cannabis market. The Toronto-based company will utilize proceeds from its Jupiter strategic investment pool and invest €14 million ($15 million) initially. The sum includes €11.5 million via an unsecured convertible note and €2.5 million to purchase equity interests from existing Sanity Group founders and shareholders providing Organigram with a minority stake in Berlin-based cannabis company Sanity Group GmbH. Concurrent with the investment, Organigram and Sanity Group have entered into a new supply agreement to include significantly higher volumes and the intention to work together on the commercialization of Organigram's brands and intellectual property in Germany.
$2.9B European Cannabis Market: A Strategic Blueprint For Cross-Border Transportation Logistics
Tapping Expert Insights On EU Cannabis Logistics
Curaleaf International Is Beating Illicit Cannabis Prices In UK And Germany - What's Next For EU Expansion?
Curaleaf International (OTC: CURLF), a leading cannabis company, is expanding its footprint across the UK, Germany and Poland. This strategic expansion is not only about entering new markets but also about outpricing the illegal cannabis trade. What drives their decision to enter specific markets?
It's Time To Legalize Weed Say Voters In Slovenia, AKA 'The Promised Land For Cannabis'
Slovenia voters gave the green light to adult-use cannabis legalization measure and a proposal to allow medical marijuana patients to grow the plant for personal use this past weekend.On Sunday, voters in the Central European nation provided feedback on two cannabis-related measures. Cannabis vote came alongside the wider 2024 European election, reported the International Cannabis Business Conference.
Organigram And This Canadian Cannabis Brand Expand In Europe And Beyond
Germany's recent legislative push in the cannabis sector marks a significant turning point not only for the country but also for the European cannabis landscape. Europe has become more open-minded about medical and recreational marijuana over the recent years which is why the growing number of the North American cannabis operators that opted to venture into the new market doesn't come as a surprise. On Tuesday, Toronto-based cannabis giant Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) announced its second international medical cannabis customer in the UK, Avida Medical, a full-service medical cannabis and specials medicines manufacturing business.In the meantime, this week, Canadian cannabis brand Ghost Drops, announced an exclusive partnership with SOMAÍ Group, an international cannabinoid biopharma company with distribution channels.
Belgian Scientists Use Hemp To Clean PFAS Chemicals From Soil, 21 Of 27 EU Countries Have Legal Medical Marijuana, Germany Kills 'Intoxication Clause'
1.4 Tons Of Cocaine Seized In Sweden's Largest Drug Bust, Portugal Exports 11 Tons Of Marijuana, But Sells Only 17kg Within & More
'We Want Fewer People To Consume Cannabis,' German Chancellor Scholz Explains Reform To Chinese Students & More Updates
$700M+ Medical Marijuana Ponzi Scheme With Over Half-Million Duped Investors Busted In Europe
A massive medical cannabis Ponzi scheme was dismantled in Europe on Thursday. A joint investigation by European law enforcement authorities, backed by Eurojust and Europol resulted in the arrest of 9 suspects of Russian, Dutch, German, Italian, Latvian, Maltese, Polish, Jordanian, United States and Venezuelan nationality, following the "JuicyFields" investment fraud case. A Ponzi scheme is an investment scam that makes payments to early investors with money coming from later investors thus creating an illusion of big profits while promising a high rate of return with little risk to the investor, according to Investopedia.
154 Pounds Of Weed Found In French Mayor's Home, Denmark Closes Pot Street In Christiania After Multiple Shootings & More Cannabis Euro News
This Canadian Company Emerges Among Cannabis Giants As German Weed Legalization Goes Into Effect
The European cannabis scene is getting more and more interesting with markets like the U.K., Germany, Denmark, Portugal and the Netherlands growing in terms of diversity of products and players. Germany made headlines this past Friday thanks to a historic step towards cannabis legalization. Approvals from both the German Bundesrat and Bundestag made it possible for small possession of marijuana to become legal effective April 1, 2024. A slew of companies that are already established in the European country celebrated the regulatory move. Village Farms International, Inc. was among first to do it, which doesn't come as a surprise as the stage is practically set for Canadian exporters to capture their fair share of the German cannabis market which is projected to expand to €1.7 billion by 2025.
Weed Giants Tilray And Curaleaf Ramp Up Presence In Europe, Here's Why
The European cannabis market is one of the most rapidly expanding markets globally.Prohibition Partners revealed in its latest report on cannabis in Europe that the combined market size of all CBD categories surpassed €2 billion ($2.2 billion) in 2023. Moreover, the report called Germany, Czech Republic, Switzerland and the Netherlands "early adopters" that are working on developing regulatory models for the recreational cannabis market, and are "likely to set a precedent for other countries to follow." Germany's recent partial legalization of cannabis has shaken up the industry and moved marijuana stocks, leaving everyone wondering about a domino effect on other European countries. On Thursday, Tilray - which debuted in Portugal in 2021 - announced another achievement in the new burgeoning market. Following the approval of its whole flower THC 18, Tilray's subsidiary Tilray Medical, received the green light for the first medical cannabis extract, Tilray Oral Solution THC 5 CBD 20, in Portugal. In the meantime, Curaleaf International, part of Curaleaf Holdings Inc. - which has already established its presence in the European market - announced its expansion in the Czech Republic, via a new supply agreement with Astrasana Pharma s.r.o.
Medical Marijuana Now Available In Pharmacies Across Greece: First Patient With Arthritis Feels 'Relief'
Spain Health Ministry Moves To Regulate Medical Marijuana And More Cannabis News Across Europe
German Cannabis-Focused Co. Avextra Sets Its Sights On Expanding European Distribution With New Funding
Avextra AG, a European pharmaceutical company that specialises in cannabis-based medicines, has closed its most recent capital raise, securing over €20m ($21.5m) in investment. The German firm plans to use the funding to expand its distribution channels across Europe and to accelerate clinical trials to develop new treatment options for specific health conditions. Avextra also aims to enhance the market development of its product portfolio in Germany. The capital raise was supported by existing investors, strategic partners and new institutional investors. The funding will help the company to execute its two-pronged strategy and continue delivering results for its shareholders, according to CEO Dr. Bernhard Babel. In October, Avextra announced the Avextra Alliance for Evidence-based Cannabis Medicine, which supports research and development of cannabinoid-based therapies in European markets with federally regulated patient access schemes.
Cannabis Giant Curaleaf Expands In This European Country Via New Acquisition
Curaleaf International has acquired Can4Med, a pharmaceutical wholesaler specialising in cannabinoid medications, to expand its operations in Poland. The deal will also improve patient access to medical cannabis products across Europe. Poland's National Agricultural Support Center implemented rules last year that increased the THC level permitted in industrial hemp from 0.2% to 0.3%, facilitating a more streamlined permitting process for farmers and buyers. In August 2022, Curaleaf International registered its extract-based medicines in Poland through a partnership with local firm CanPoland. Last year, Poland saw a significant increase in the adoption of medical cannabis, with over 3,000 kg distributed. Curaleaf CEO Matt Darin called the acquisition a "significant step forward" for his company, as Poland's medical cannabis market expands rapidly.
CBD-Focused Avicanna Taps Into European Market Via Exclusive Pharma Supply Deal
Canadian cannabinoid-based biopharmaceutical firm Avicanna will supply two proprietary topical products to an unnamed multinational pharmaceutical firm in six European countries in 2024. The deal will commercialise Avicanna's RHO Phyto brand in Europe for the first time. The company praised its own proprietary patent-protected technologies being entered into "the European market without competition" as testament to its "scientific and technical leadership in the cannabinoid clinical and commercialisation field", highlighting the deal's strategic nature and geographic position, as well as the expected rapid expansion into other European countries. The unnamed pharmaceutical company manufactures and markets a wide range of pharmaceuticals across four continents and has established a commercial infrastructure in Europe. These manufacturing plants will produce Avicanna's Ultra-CBD cream and CBG Transdermal Gel in 2024.
These 2 Canadian Cannabis Companies Forge Ahead In European Markets With German, Dutch Ventures
Sanity Group, a German cannabis company, has received its first shipment of bulk dried flower from Canadian producer Organigram Holdings. Also in the European market, Village Farms International has begun building its first indoor cannabis-growing facility in the Netherlands through its Dutch subsidiary Leli Holland.
Ireland Considers Decriminalizing Drugs, UK Investigates Using Hemp To Make Electronics, Spain's Record-Breaking Marijuana Production And More Euro News
Euro Weed: Political Games Behind Czech's Cannabis Legalization Draft, UK's $850M CBD Market In Disarray & More
This European Country Is Expected To Have Millions Of Medical Marijuana Patients, Say Experts
George Bernard Shaw once said, “Progress is impossible without change, and those who cannot change their minds cannot change anything.”
Most Important Medical Potential Of Marijuana? Cannabis For Pain Relief Says Biotech CEO
Over the last few years, medical marijuana has experienced significant
Euro Weed: Netherlands Kicks Off Legal Cannabis Sales, 2 Swiss Pilot Projects Underway & More
Over the last couple of years, Europe has become more open-minded about medical and recreational marijuana. Here are some of the latest cannabis developments from the Netherlands, United Kingdom, Bailiwick of Guernsey, and Switzerland.