Although it is estimated that up to 30 million Europeans are frequently enjoying the relaxing and mind-altering effects of marijuana, the female cannabis plant has been strictly prohibited for recreational purposes for decades in most European nations. While we are now definitely able to see that the cannabis movement is gaining some momentum, the legal...
Category: News
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Cannabis Industry Weekly Roundup – March 2019
Strain Insider aims to provide a roundup of the cannabis industry once a week. Subscribe to the Strain Insider newsletter and never miss the most important events of the cannabis industry again. During the first week of March 2019, the cannabis industry had some considerable events that are mostly positive for cannabis enthusiasts and investors....
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Cyprus Approves new Medical Marijuana Bill
According to philenews, a Greek news distributor, a new bill has been approved that should extend the legislation of medical marijuana in the Republic of Cyprus this Friday. After a decade of debating, companies are finally allowed to produce medicinal cannabis in Cyprus. This is not only a big step towards a worldwide acceptance of...
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Cannabis Industry Weekly Roundup – December 8
Strain Insider aims to provide a roundup of the cannabis industry once a week. Subscribe to the Strain Insider newsletter and never miss the most important events of the cannabis industry again. The first week of December was undoubtedly an exciting time for the cannabis industry. With significant news from three major Canadian cannabis producers...
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Aurora Buys ICC and Becomes Industry Leader
On November 22, the Canada-based company Aurora Cannabis Inc. acquired International Cannabis Corporation (ICC) for an aggregated purchase price of $290 million, making ICC a full-fledged subsidiary of Aurora Cannabis Inc. According to Neil Belot, who is the Chief Global Business Development Officer of Aurora, the Uruguayan company is Aurora’s strategic partner of choice since...
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Greece issues Licenses for Medicinal Cannabis
For the first time in the country’s history, companies are allowed to produce medicinal cannabis in Greece. This Monday, the Greek government issued medicinal cannabis licenses to companies for the first time. The companies that received the licenses are BIOMECANN S.A. and BIOPROCANN S.A., and with them, they are now able to run a cannabis...
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Hope for Legal Marijuana in Mexico
On October 31, the Mexican Supreme Court ruled the marijuana prohibition law to be unconstitutional. This brought Mexico one step closer to marijuana legalization, but there are still a lot of things that need to happen before legalization is possible. The status quo While marijuana is still not legal in Mexico, the Supreme Court’s...
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Michigan legalizes Marijuana during Mid-term Elections
Michigan is the first Midwestern state to legalize recreational cannabis in the US, growing the number of states where recreational use of marijuana is legal to 10, in addition to the District of Columbia. Since November 6, where the election took place, every citizen over the age of 21 is allowed to “possess, use, transport,...
