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

New February Deadline Set For CBD Companies Looking To Secure UK Novel Food Authorisation

THE UK Food Standards Agency has set a new deadline of the end of February for the submission of data to support some CBD Novel Food applications, it has emerged. This comes as one UK company – British Cannabis –…

European Cannabis Round-Up; GW Pharma’s Cannabis Pipeline, Irish CBD In Court, UK Medical Cannabis Price Row, Italian Referendum, Poland And Malta

January 21, 2022
Peter McCusker
EMEA
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GW Pharmaceuticals has released further details of its cannabis development pipeline. With Epidiolex approved in the US last year it is also expecting approval for Sativex where two phase 3 trials are ongoing. Work is also underway on the use…

French Cannabis Industry Awaits Court Decision On Status Of CBD Flowers This Week

THE French hemp and CBD industry is waiting for a court decision this week which it hopes will overturn the Government’s ban on the sale of CBD flowers – following hearings on two successive Fridays. On Friday gone, in the…

Fight Back Underway As New French Law Looks Set To Blow A €100m Hole In CBD Industry

January 5, 2022
Peter McCusker
France
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THE New Year has started on the wrong foot for the French cannabidiol industry with news the Government is to outlaw the sale of CBD flowers. This is set to be a major blow to the French industry where CBD…

A Ground-Breaking Year For European Cannabis Mapped Out In BusinessCann’s 2021 Top 10

December 23, 2021
Peter McCusker
EMEA
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THIS has been a remarkable year for European cannabis with some significant milestones passed on an increasingly fruitful trek into the post-prohibition era. Top of the list has to be the momentous decision by Germany to press ahead with plans…

New THC Level Guidance Welcomed – But Further Concerns UK CBD Industry Is To Become Isolates Only

New THC Level Guidance Welcomed – But Further Concerns UK CBD Industry Is To Become Isolates OnlyMUCH-AWAITED guidance on the permitted levels of THC in UK CBD products has been met with a mixed response and sparked some concerns over…

As 2021 US-To-Europe Transactions Pass $600m Are We Witnessing A Second Transatlantic Wave?

December 17, 2021
Peter McCusker
EMEA
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IT’S still early days but after a faltering start by its North American neighbours US cannabis companies are now taking tentative steps into Europe. This year has witnessed some significant moves with major US player Curaleaf leading the way and…

Regulator Issues Warning To Non-Complaint CBD Firms As It Prepares to Publish Much-Anticipated Public List

THE head of the Food Standards Agency (FSA) says it is now only a matter of weeks before it publishes further details on the CBD products and companies which will be allowed to remain on the UK market. At an…

Groups From 56 Countries Ask UN To Ensure Secretive ‘Cannabis Initiative’ Is Open To Public Scrutiny

ONE year on from the formal recognition of the potential for cannabis as a medicine almost 200 global advocacy and civil society groups are backing for calls for greater transparency over emerging new cannabis guidelines. On December 2, last year…

What Must Be Done To Enact Germany’s New Cannabis Law And What Will Its Adult-Use Market Look Like?

November 26, 2021
Peter McCusker
Germany
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With Germany’s Government-in-waiting set to deliver adult-use cannabis, BusinessCann explores the delivery challenges and how the legislation may be shaped. BACK in 2015 the German Green Party published its Cannabis Control Act (CCA). Although it made no progress in the…

Cannabis Industry Fights Back Against European Commission’s CBD Missteps

November 1, 2021
Peter McCusker
EMEA
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THE European Commission has been urged to stick to its guns on the status of CBD by trade groups representing hundreds of businesses across the continent. BusinessCann reported yesterday how the EC was considering taking on board the hard-line of…

Is The European Commission Set To Review Its Position On CBD And Once More Deem It A Narcotic Drug?

October 29, 2021
Peter McCusker
EMEA
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DESPITE re-launching its ‘natural’ CBD Novel Food applications process eleven months ago, no progress has yet been made by the European Commission. It has approved further synthetic CBD applications with a total of five such applications now through to the…

Irish Hemp Industry Pursues Government In High Court As Cultivation Footprint Plummets By 40%

IRISH hemp production has fallen dramatically as a result of changes to Government rules which are now being challenged in the High Court. Ireland’s hemp industry is one of the oldest in the European Union (EU) with a fully operational…

Europe’s First Adult-Use Cannabis Market Confirmed With Luxembourg Permitting Household Cultivation And Consumption

LUXEMBOURG is to become the first European country to permit adult-use cannabis after the Government announced measures to permit households to cultivate up to four domestic plants. The announcement, earlier today, applies to to all citizens over the age of…

Medical Cannabis Cost-Benefit Analysis Set To Be Launched By UK CIC At A Cost of £30,000

THE initial priorities of the UK Cannabis Industry Council have been identified following a special general meeting attended by around 50 members. The meeting in Arlington St, next to the Ritz Hotel, London, saw members consider part-funding a university-based cost…