Asia & Oceania

New Zealand voters soon will weigh in on cannabis legalization

A measure to legalize recreational cannabis will be on the ballot in New Zealand in 2019 or 2020, a government official said this week. Lawmakers are deciding whether to hold a stand-alone referendum next year or concurrently with the country’s elections in 2020, according to Radio New Zealand.

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Thailand set to unveil medical cannabis law

A draft law to greatly expand medical cannabis regulations in Thailand is expected to be unveiled this week, a move that executives say will open the door to potentially millions of dollars in investments. In the works since last year, the draft narcotics code will permit medical marijuana research on humans. The law will first […]

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How India can become a global cannabis leader: Q&A with Bombay Hemp’s Avnish Pandya

India’s medical marijuana industry will blossom if companies use science to convince regulators that MMJ is an effective medicine. That’s the view of the country’s only licensed medical cannabis cultivator. Avnish Pandya, co-founder of Bombay Hemp Company, said the best way to develop India’s medical marijuana industry is for companies to work with regulators to […]

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Medical cannabis bill advances in South Korea

A revised law to permit the use of medical marijuana in South Korea is scheduled for review by key lawmakers in the Legislative Welfare Committee later this month, the first real test for the bill since its introduction in the legislature two months ago. It has been in committee review since February and still faces […]

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Australian state to investigate legalizing recreational cannabis

Australia’s second-most populous state will explore international developments around “cannabis for adult use” as part of its investigation into drug law reform. In a 586-page report, a parliamentary committee in Victoria recommended the creation of a council to investigate global changes in marijuana usage, as well as several other considerations involving comprehensive drug law reform. […]

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CBD manufacturing facility under construction in Kentucky

A Chinese hemp company and a California-based CBD company are building a new plant to manufacture CBD isolate in western Kentucky. The plant from HMI Group of Beijing and Kings Royal Biotech of Capistrano Beach, California, is expected to employ more than 100 people on nine acres in Bardwell, near the Mississippi River and just […]

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Australian state cuts red tape to boost medical marijuana access

The most populous state in Australia is making it easier for doctors to prescribe medical marijuana, opening the door to faster growth in the country’s MMJ industry. Australia’s medical market has seen anemic growth due in part to separate regulations at the state and federal government level limiting patient access. New South Wales, however, is […]

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Global spending on legal cannabis to hit $57 billion by 2027, report says

Worldwide spending on legal cannabis is forecast to reach $57 billion by 2027, led by growth in North America and Europe, according to a new report by Arcview Market Research and BDS Analytics. North America will continue to see the most spending on legal cannabis, rising from $9.2 billion in 2017 to $47.3 billion in […]

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Israeli cannabis exports now in prime minister’s hands; Trump pressure denied

A key Israeli parliamentary committee came to a consensus on the urgent need to approve medical cannabis exports – which insiders consider crucial for the creation of a sustainable MMJ industry – and vowed Monday to push for a quick resolution. That clears an important hurdle for the issuance of export permits, putting the ball […]

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Marijuana industry goes to court to force Israeli government to permit MMJ exports

The marijuana industry is fighting a high-stakes court battle to force the Israeli government to approve medical cannabis exports sooner rather than later. The decision by industry advocates to go to court comes as Israeli lawmakers prepare to debate the country’s medical cannabis export policy on Monday. The outcome is huge for dozens of international […]

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