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July 19, 2018
#Thailand could be the first Asian country to legalize #medicalcannabis a move it hopes will re-establish its position in the economy it dominated four decades ago.

The Government Pharmaceutical Organization (GPO), which works under the Ministry of Public Health, is now hoping for approval from the military government to study the drug and sell it for medical purposes.

Thailand was among the world’s top exporter of #marijuana in the 1980s. The plant was traditionally used to manage distress, nausea, and pain during childbirth, while farm workers grew it to relax. U.S. soldiers also visited the country during the Vietnam War and used it to rest and recuperate.
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July 18, 2018
Budding Business: How #Cannabis Could Transform #Lebanon Report proposes legalising billion-dollar cannabis industry to rescue ailing economy.

The Lebanese government will soon study proposals to legalise cannabis cultivation to export for medicinal purposes to rescue the ailing economy.

► Lebanon is the third most indebted country in the world, with a debt-to-GDP ratio of 153%. The civil war in neighbouring Syria made a bad situation even worse: economic growth has dropped from 9% before the conflict to about 2% today.

► Most cannabis production in Lebanon is controlled by a collection of powerful clans in the Bekaa. The wealth they have accumulated over the years has made them a power unto themselves – armed to the teeth and willing to challenge the police and army when their livelihood is threatened. -- Unsurprisingly, perhaps, they are sympathetic to calls for legalisation, adding that the industry could be worth $1bn (£760m) to Lebanon.

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May 10, 2018
Macedonia Banks on Medicinal Marijuana Boom

Macedonia legalized the growth of #marijuana for medicinal purposes two years ago via amendments to the existing Law on Control of Opioid Drugs and Psychotropic Substances.

The country thus became one of the few in the world with the legal right to grow and export medical #cannabis
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April 17, 2018
Mexico’s Tourism Minister Calls For Marijuana Legalization

“I think in Mexico we should move toward regulating it at state level,” Tourism Minister Enrique de la Madrid told Reuters.

Here is Mexico’s #medicalcannabis market at a glance:

•In June 2017, Mexico legalized medical cannabis, but hasn’t approved growing the plant.

•The only product that’s permitted is #CBD oil with less than 1% THC, so opportunities are limited.

►Several other Latin American nations have legalized medical marijuana, including Uruguay, Argentina, Chile, Colombia and Peru. Uruguay also has legalized adult-use #marijuana
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April 16, 2018
Latin America Update: #Marijuana Business Developments in Brazil, Paraguay and Peru

Brazil is poised to become the largest Latin American #cannabis market in the long term, but regulators have been slow to expand the existing program over the last few years.

Opportunities are also slow to develop in Paraguay and Peru, where #medicalcannabis laws were passed recently but still lack details about implementation.

With a population of more than 200 million, Brazil has the potential to have one of the largest medical cannabis patient counts in the world.

It also is one of the largest agricultural producers of the world and boasts a strong pharmaceutical industry, providing a solid foundation on which to build the industry.
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April 16, 2018 #Australia
The Greens have proposed full legalisation of #cannabis – including for recreational use – with a new government agency to act as the single wholesaler of plain-packaged cannabis.

People would also be allowed to grow up to six #marijuana plants at home for their personal use under the new policy, which was announced by Richard Di Natale on Monday.

The policy is the first time a party with significant federal representation has backed full legalisation, providing a point of difference with the Coalition and Labor, which both support a scheme initiated in 2016 to legalise cannabis for medicinal use only.

Under the plan cannabis would be taxed and regulated in much the same way as alcohol and tobacco. It would be sold to adults by licensed shops and attract GST as well as federal excise tax.
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March 13, 2018
Arcview Predicts $57 Billion World Cannabis Market by 2027
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March 17, 2018
#Ireland

Ireland is one of the largest exporters of pharmaceuticals in the world, home to Pfizer and other large multi-nationals. This has certainly been the source of the large blockade to #medicalcannabis in Ireland — despite overwhelming popular demand and a largely left-wing and very supportive media.

#MedicalMarijuana #BigPharma
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March 24, 2018
#UnitedKingdom Sick Child’s Petition Pressures UK Gov’t to #LegalizeIt

Turned down by the British government when they requested permission to use #cannabis oil, the family of a child #epilepsy sufferer personally delivered a petition with thousands [370,000] of signatures to 10 Downing Street.

Charges of hypocrisy on the part of government were brought into sharp focus by revelations that the Home Office minister — ultimately responsible for the decision to turn down the request — is married to a businessman working for GW Pharmaceuticals.

The case seems particularly ironic given the recent news that the British firm GW Pharmaceuticals’ globe-spanning operations have actually made the United Kingdom the world’s top exporter of legal #cannabis.

Its industrial-scale cultivation facilities in Norfolk are producing cannabis to make pharmaceutical products, and for export to laboratories and universities around the world.
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March 23, 2018
#Sweden Although Anti-Drug Investors Shine To Cannabis Stocks

Growing numbers of Swedish investors are getting a buzz from trading in listed marijuana stocks even though the country has some of Europe’s most restrictive drug laws.

Shares in companies including Canadian #cannabis producers Aurora and Canopy Growth and Sweden’s Heliospectra, which makes lighting for greenhouses that can be used to grow the plant, were the most heavily traded sector in January and February at online stockbroker Nordnet.

While private investors sold heavyweight Swedish stocks such as H&M, Nordea and Ericsson, cannabis stocks drew in around 700 million Swedish crowns ($85 million) over the period.

►Nearly 30,000 of Avanza’s 700,000 clients bought cannabis stocks in the first two months of the year.

#stockmarket #marijuana
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