Proposed THC regulations threaten Japanese CBD industry
If the Japanese government implements proposed THC limits, more than 90% of CBD products currently on the market will fail to meet the standards.
Thailand plans to ban recreational cannabis despite 2022 decriminalization
In a major policy reversal, Thailand plans to reclassify cannabis as an illegal substance and issue permits only for medical patients, cultivators and research purposes.
Thailand prime minister calls for recreational cannabis to be outlawed
Thailand Prime Minister Srettha Thavisin is calling on the nation’s health ministry to reclassify recreational cannabis as an illegal substance.
Cannabis MSO Curaleaf completes $16M acquisition of Northern Green Canada
Cannabis multistate operator Curaleaf Holdings completed its acquisition of Northern Green Canada, a licensed producer in Ontario whose focus has been on international markets.
CEO of Aussie cannabis firm Cann Group resigns amid ‘new strategic direction’
Cann Group Limited CEO Peter Koetsier is resigning from the Melbourne cannabis company for “family reasons,”
New Zealand cannabis company Cannasouth reviewing financial health
New Zealand medical cannabis company Cannasouth Limited has entered voluntary administration, a process that allows for an administrator to review and rearrange the financial affairs of insolvent or near-insolvent companies.
Australian cannabis firm Cann Group’s cash crunch raises concerns
The Australian Securities Exchange halted trading of Cann Group Limited’s shares after the company’s auditor flagged concerns over financing and the cannabis producer’s first-half operating loss.
