Peter McCusker, Author at Cannabis Business Executive - Cannabis and Marijuana industry news

Is The European Union Set To Change Its Stance On Cannabis?

THE wind has been taken out of the sails of European cannabis recently with Germany opting to curtail its ambitions of a fully-fledged domestic, adult-use market. Following a January 18 meeting between the European Commission Director-General for Migration and Home Affairs…

Has GW Pharmaceuticals – Now Jazz Pharmaceuticals – Knee-Capped The CBD Industry?

WITH the fast-growing CBD sector tied up in a regulatory quagmire hundreds of transatlantic industry players face an uncertain future. However, one UK company – the one which pioneered the medical use of the cannabis extract cannabidiol – will have…

Germany Seeing Sense, High Tide Strikes Deal With Major German Player, European Expansion For Bedrocan, Danish Buy-Out, Greek First, £2m UK Hemp Boost

February 6, 2023
Peter McCusker
Denmark, Europe, Germany, Greece, Malta, United Kingdom
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THE German Government’s refreshingly honest approach to drugs and addiction is being demonstrated with a focus on the harms of gambling, alcohol and tobacco. On coming into office it signalled its intent to overhaul the continent’s cannabis status quo with proposals to…

Germany Looks To Placate Brussels As Its Cannabis Plans Teeter

January 25, 2023
Peter McCusker
Germany
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DELAYS in submitting its proposals to the European Commission and potential hold-ups once submitted could see Germany’s adult-use cannabis plans pushed back into 2025. Originally scheduled for submission before the end of 2022, Germany’s draft cannabis law will not now be submitted…

Irish Court Prosecutions To Resume As Europe Ties Itself Up In CBD Knots

January 9, 2023
Peter McCusker
Ireland
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EUROPE’S flip-flopping over the status of CBD is allowing the Irish authorities free rein to persecute the country’s hemp and CBD industry, it has been claimed. Over the coming days a fresh wave of prosecutions of hemp and CBD businesses…

New European Drugs Policy Provides Platform For Comprehensive Continental Cannabis Reform

December 19, 2022
Peter McCusker
Europe
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A NEW approach to drugs across the 27 member states of the European Union looks set to provide a platform for continental cannabis reform. Earlier this month The Council of the European Union (EU) agreed an updated policy paper entitled…

Ireland’s Prohibitionist Approach To Hemp And CBD Exposes It To Punitive Sanctions From The EU

December 15, 2022
Peter McCusker
Ireland
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A HIGH Court decision to ignore the ground-breaking KanaVape case could expose the Irish Government to financial penalties and the threat of further sanctions from the European Commission. Last month the High Court ruled that CBD products containing THC are illegal in Ireland –…

Germany’s ‘Error-Strewn’ Cannabis Plan Requires Immense Political Will To Succeed

November 14, 2022
Peter McCusker
Germany
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DESPITE some serious flaws in its approach it is unlikely that the European Commission has the powers to halt Germany’s ambition to establish an adult-use cannabis market, says a leading international drug policy expert. In announcing its plans for cannabis…

European Cannabis Round-up

November 7, 2022
Peter McCusker
Europe
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Czech Adult-Use Bill, Further Dutch Delays, Portuguese Police’s Hemp Horror, Italian CBD In Court, And UK Watchdog Warning FURTHER delays to the Dutch adult-use cannabis trial look likely after the selected growers told the Government the proposed timeline is unfeasible.…

Demecan Eyeing €40m Investment As It Aims To Become Germany’s Largest Adult-Use Cannabis Cultivator

GERMAN cultivator Demecan has welcomed proposals which will see all cannabis for its forthcoming adult-use market grown domestically. The Traffic-Light Coalition’s policy pathway for a regulated market was unveiled by Health Minister Karl-Lauterbach (SPD) last week, as reported in BusinessCann.…

Hemp And CBD To Be Removed From German Narcotics Act Bringing An End To Business Prosecutions

WHILE the draft of Germany’s cannabis laws has received a mixed response, those in the country’s hemp industry have welcomed developments. Earlier this month the Federal Court of Justice (BGH) confirmed the suspended prison sentences of two commercial traders of CBD flowers.…

Newly Launched Federation Of International Hemp Anticipating Exponential Sector Growth

As it prepares for its first AGM the newly-formed Federation of International Hemp Organizations (FIHO) says it envisages a 2,000% increase in the crop’s global footprint over the coming decade. The FIHO says that since the turn of the century the…

Fears Supply Issues Will Leave Germany’s Adult-Use Cannabis Market In Starting Blocks

October 19, 2022
Peter McCusker
Germany
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FURTHER details on Germany’s proposed adult-use cannabis market are to be published soon, and they will be avidly consumed with much uncertainty currently surrounding the proposed reforms. The German government’s main priority is public health and safety, and protecting minors; thereby eliminating…

Leading Canadian Cannabis Retailer To Establish German Adult-Use ‘High Street’ Stores

October 12, 2022
Peter McCusker
Germany
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LEADING North American cannabis retailer High Tide has unveiled plans to establish a High Street footprint in the emerging adult-use German market. High Tide Founder, President, CEO & Executive Chairman Raj Grover said talks are in an advanced stage with a number…

European Round-Up: Successful Cannabis Debut For Chemical Multinational, Germany Addresses Hurdles To Reform, French Medical Cannabis Twist, Maltese Hold-Ups et al…

CONCERNS the creation of an adult-use cannabis market will contravene international law have been dismissed by senior members of the German Government. As BusinessCann reported late last year for its proposals to come to fruition Germany will need to resolve…

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