government marijuana

Government Owned Cannabis: Better or Bust?

Government owned cannabis is gaining speed. At least, it is in Canada. This week, I saw a tweet from MJ Biz Daily business journalist, Matt Lamers, that said: The most profitable cannabis businesses in Canada are owned by the government. Provincial monopoly cannabis wholesalers profit/loss (most recent FY): Ontario: $70.2 million; Quebec: $66.5 million; BC:

panama medical cannabis

Panama Issues Medical Cannabis Regs

Panama has adopted medical cannabis regulations, after becoming the first Central American country to legalize medical cannabis in October 2021, pursuant to Law 242. The regulations take the form of a decree issued by President Laurentino Cortizo Cohen, which “regulates the use and access to the product and its derivatives, for therapeutic, medical, veterinary, scientific

guyana hemp

International Hemp: Guyana Takes the Stage

International hemp is big business. There are all kinds opportunities around import, export, production, processing, and sale of international hemp and hemp products. We handle these inquiries on a weekly basis, and have since 2018 when the federal government legalized the cultivation of hemp with the passage of the 2018 Agricultural Improvement Act (“2018 Farm Bill”).

brittney griner president biden

President Biden on Brittney Griner’s Sentence

On August 4, 2022, U.S. President Joe Biden published a formal statement concerning the sentencing of U.S. basketball player Brittney Griner. Griner was just sentenced to nine years in a Russian penal colony and fined one million rubles. We’ve written about Griner’s case before (here and here), but to summarize, she could be spending the

europe cannabis

EU Marijuana Legalization: A Wave is Coming

Exciting developments lie ahead for European Union (EU) marijuana legalization. It is inevitable that marijuana legalization sweeps the globe–if you haven’t seen it yet, please watch our webinar with Clifford Chance about the existing global economy of marijuana. The question is just one of timing. In Germany, as one prominent example, we’re looking at legalization

thailand cannabis

Thoughts on Thailand (Sort of) Legalizing Cannabis

Last month we weighed in on Thailand becoming the first country in Southeast Asia to decriminalize cannabis. We’ve  seen some bad reporting on this since then, along the lines of “weed is legal in Thailand!” The new Thai regime is not that progressive, but we still feel that Thailand has taken a step in the

travel with cannabis

Don’t Travel with Cannabis

Marijuana is illegal in most countries in the world, is federally illegal in the United States, and is highly regulated even in the U.S. states that allow it. Hemp laws are all over the place in the U.S. and are often just as bad as marijuana laws internationally. It goes without saying that it’s a

colombia petro cannabis

Petro: Colombia’s Next President and Cannabis

Gustavo Petro is Colombia’s next president, following his electoral win on June 19. The election of its first leftist president, together with its first Afro-Colombian vice-president, is no doubt a momentous event for Latin America’s third-most populous country. What will a Petro presidency mean for cannabis? According to Petro’s platform, a “focus on prohibitionism …

medical cultivation

Medical Cultivation OK’d in Brazil

On June 14, the Sixth Panel (Sexta Turma) of Brazil’s Superior Court of Justice (Superior Tribunal de Justiça, or STJ) issued a decision allowing cultivation of cannabis for medical purposes. The STJ is responsible for uniformizing the interpretation of Brazilian federal law across the country, and serves as the court of final appeal for cases

germany cannabis

Recreational Cannabis in Germany is Coming

As Europe’s biggest economy, Germany has the potential to be Europe’s recreational cannabis powerhouse. Germany is less progressive than some of its neighbors though, and as things stand it only has a limited medical cannabis program. With a new coalition of the SPD (social democrats), FDP (somewhat akin to libertarian), and Greens, the status quo