NEWS FROM AROUND THE GLOBE BROUGHT TO YOU BY THE ICBC

Author: Johnny Green

Johnny Green is a cannabis activist and prolific author from Oregon. Green was the High Times Freedom Fighter of the Month in May 2017 and appeared in the Netflix cannabis documentary 'Grass is Greener.'
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Malta Home Affairs Ministry Is Reportedly ‘In Talks With A Main Bank’

A unique cannabis public policy and industry experiment is ramping up in Malta where non-profit adult-use cannabis clubs are expected in the near future. Starting next week, Malta’s government will begin accepting applications for non-profit adult-use cannabis clubs. The European nation became just the third country on earth to pass a national adult-use legalization measure in late 2021, with only Uruguay (2013) and Canada (2018) proceeding Malta. Non-profit cannabis clubs will serve as the backbone of Malta’s adult-use industry, and this week the nation’s Home Affairs Ministry reportedly entered into discussions with an unnamed ‘main bank’ that will be needed to help Malta’s emerging industry reach its full potential.

Access to the global banking system has proven to be difficult for certain entities in the public and private sector regarding cannabis commerce, although there are certainly examples of entities being able to successfully navigate the financial regulatory labyrinth in some instances. Still, getting consistent banking solutions pinned down is something that is a top priority for any emerging cannabis market, and Malta is no exception, so reports that there is progress on that front is encouraging.

A Somewhat Unique Model

Cannabis clubs are not a new phenomenon, so from afar, what is going on in Malta may not seem significant. After all, Uruguay and Canada both already permit cannabis clubs to operate in some fashion in certain jurisdictions. For that matter, Barcelona is home to hundreds of private cannabis clubs, albeit operating in a semi-grey area of the law. Yet, Malta is unique compared to those markets in that its entire cannabis commerce model will be based on licensed non-profit cannabis clubs. Home cultivation will be permitted, but the only way to legally purchase cannabis in Malta once clubs are implemented is via non-profit clubs.

It may seem nuanced, but as anyone that has paid attention to the ongoing cannabis banking saga will recognize this is a bit of a new wrinkle. Uruguay has experienced banking issues despite permitting non-profit cannabis clubs, but it also permits sales in pharmacies. That last component was the root of banking issues in Uruguay back in 2017. Major banks in Canada are the subject of a recent lawsuit due to alleged discrimination against cannabis companies. It will be interesting to see if Malta ever experiences the same hurdles given the fact that its legalization model is much more limited compared to Uruguay and Canada.

Helping Create The Blueprint

For many years I blogged about cannabis reform efforts in the United States, and many things have proven to be similar as I have transitioned to blogging about international reform efforts. Similar to different states in the U.S., within the international community there are clearly categories of nations when it comes to cannabis policy. Some are pro-cannabis, some are anti-cannabis, and some are seemingly indifferent. The pro-cannabis nations are doing what they can to get around international hurdles, and anti-cannabis nations are doing everything they can to cling to treaty provisions in an attempt to maintain the prohibition status quo wherever they can.

Due to international treaties, cannabis legalization cannot proceed unhindered in any nation. Even Uruguay and Canada had to consider international agreements and partnerships prior to legalizing, and even when they did proceed, they did so in defiance by some measures. In the Eastern Hemisphere things are proceeding differently. Leaders in nations like Malta and Germany are seeming to be getting more and more creative as they try to figure out a blueprint of sorts for what legalization may look like without violating agreements that extend beyond their borders. With that in mind, the banking discussions in Malta may not seem like a big deal, but if it can add to the previously mentioned metaphorical legalization blueprint in a meaningful way, it will indeed prove to be a very big deal.

malta

hemp plant cannabis flower bud garden outdoor

Zimbabwe Tobacco Farmers Get More Incentive To Switch To Hemp

Historically, Zimbabwe has served as the top producer of tobacco on the African continent, although in recent years many tobacco farmers in Zimbabwe have transitioned to cultivating hemp due to lowering global demand for tobacco. Zimbabwe’s government more than tripled the amount of allowable THC in hemp this month, and that should further motivate farmers to switch their fields from tobacco to hemp.

Prior to this month, the legal THC threshold for hemp in Zimbabwe was .3%, which is the legal standard in most countries around the world. However, a handful of countries have already raised the threshold from .3% to 1%, and Zimbabwe has followed suit. Zimbabwe joins Australia, Ecuador, Malawi, Switzerland, and Uruguay in setting its hemp THC threshold at 1%.

Why Does It Matter?

Going from a .3% THC threshold to a 1% THC threshold may not seem like a major leap, and yet, it is very significant. Whenever a hemp crop is tested and it has a higher percentage of THC than is allowed by law, the entire crop has to be destroyed. For obvious reasons, that is a very undesirable outcome for any farmer. In Zimbabwe, where the median income is just $932, a failed crop is particularly detrimental.

By allowing farmers in Zimbabwe to cultivate hemp with a higher THC threshold, it accommodates a greater level of THC percentage variance. Farmers that were worried about their current genetics producing slightly too much THC no longer have to worry as much. They now have more cultivars to choose from when deciding what to cultivate, and the medical cannabis products that they produce will be more effective since there will be more THC involved. The cannabinoid ‘entourage effect’ will be enhanced in patients that consume said products thanks to there being more THC in them.

Limited medical cannabis was first legalized in Zimbabwe in 2018, making it only the second country on the African continent to pass such reform. Since that time several other African nations have followed in Zimbabwe’s footsteps and legalized limited medical cannabis production. Will Zimbabwe become the continental leader for hemp, just as it has served historically for tobacco? Only time will tell, but the higher THC threshold will certainly increase the odds of that happening.

Jobs, Economic Boost, And An Improved Environment

Arguably the biggest motivating factor behind Zimbabwe’s recent THC threshold change is economic stimulation. Zimbabwe is one of the poorest nations on earth, and any and all jobs that the hemp industry can create are greatly needed. Demand for hemp products, particularly CBD-based products, is strong worldwide. If Zimbabwe can produce raw hemp to be made into products, and/or produces its own finished products, it will hopefully create many career opportunities in the process.

A booming hemp industry in Zimbabwe wouldn’t just help individuals that work directly in the industry. It would also help create ancillary hemp companies, from security to storage to just about anything else that the mind can imagine. The domestic hemp industry bringing in money from afar via exports would help boost local economies, with hemp industry workers spending their wages in the areas in which they live. Everyone would benefit from an economic butterfly effect from such activity, in addition to the public benefitting directly from increased industry tax and fee revenue.

Cultivating tobacco results in degraded soil and threatened biodiversity. Tobacco farming on a large scale often involves pesticides and fertilizers that are bad for the environment. Conversely, the hemp plant requires very little inputs and actually improves the soil in which it is cultivated via a process known as soil remediation. Furthermore, roughly 4.5 trillion cigarette butts end up in our oceans, rivers, soil, and other places every year, and presumably (hopefully) that will not be the case with hemp products. With all of that in mind, any hectare in Zimbabwe that transitions from tobacco to hemp is a great thing.

zimbabwe

cannabis plants garden

Cultivating Cannabis For An Emerging International Cannabis Market

The act and art of cultivating the cannabis plant is far from a new thing. Researchers have found evidence of humans cultivating the cannabis plant in a domestic fashion going back roughly 12,000 years. Yet, the methods, techniques, and particularly the technology that humans have incorporated over time has evolved considerably.

For many years humans cultivated cannabis the same way that many crops were cultivated – by planting seeds into tilled soil and cultivating it under the sun using nothing more than rain or river/creek water. Over time fertilizer concoctions were eventually incorporated. Selective breeding techniques were eventually used by various cultivators, with particular genetics being grown for specific uses.

At some point cannabis cultivation operations moved indoors, both to control the environment that the plants were grown in to maximize yield as well as out of necessity to avoid detection by law enforcement. Advances in artificial lighting and feeding systems occurred as a result, with many of those advances still being used by producers today.

The cultivation sector of the emerging international cannabis industry is currently taking cannabis production to a level that was previously unfathomable. Advances in cultivation research and technology are allowing producers to cultivate cannabis that is of a higher quality and quantity than ever before.

One of the biggest benefits to cannabis reform efforts is the opening up of cannabis production research and innovation. No longer are cultivators restricting their crafts to closets and basements. They can completely operate out in the open and only be restricted by their creativity and ingenuity, and every cannabis consumer and patient on the planet is benefitting from it.

A group of leading cannabis production experts will be participating in a panel at the upcoming International Cannabis Business Conference in Barcelona on March 9th. It’s an amazing opportunity to learn directly from people that are at the forefront of the global cannabis production evolution. Panelists will include:

  • Marcus Richardson, Hashish Aficionado and Creator of Bubble Bags (Moderator)
  • Timo Bongartz, General Manager of Fluence Emea
  • Sabrina Carvalho, Cannabis Plant Specialist at Philips Horticulture LED Solutions
  • Neal Lund, Global Technical Advisor at RIOCOCO
  • Jeremy Youness, International Commercial Sales and Cannabis Cultivation Specialist at Fohse

The International Cannabis Business Conference is the leading cannabis business to business (B2B) event series on the planet, with previous conferences occurring in several countries on multiple continents. The event series is owned and operated by cannabis advocates that believe in celebrating cannabis culture, in addition to providing world-class cannabis industry education and networking opportunities.

The International Cannabis Business Conference has once again partnered with Spannabis, Europe’s top cannabis expo, to form another super-event that is a must-attend for anyone that is serious about succeeding in the emerging cannabis industry. Spannabis originally teamed up with the International Cannabis Business Conference in 2019, and the collaboration was a tremendous success. The 2023 super-event will be bigger and better than ever, with the collaboration event being the largest of its kind.

Not all networking opportunities are created equal, and that is particularly true in the cannabis space. International Cannabis Business Conference events are attended by cannabis leaders from dozens of different countries, with the Barcelona B2B trade show serving as the first major international cannabis event of its type for 2023. The conference itself will be held at the L’Auditori de Cornellà, with the after-party being held at the Hotel Arts (Ritz-Carleton) Barcelona. You can view the event’s schedule at this link here.

The International Cannabis Business Conference also has additional upcoming events in Berlin in June 2023. Secure your tickets now before the events are sold out!

 

barcelona, cultivation

cannabis flower buds

What Percentage Of Germany’s Population Consumes Cannabis?

For lawmakers and potential cannabis industry regulators, knowing what current cannabis consumption rates are in a given country is important for various reasons. First and foremost, knowing current cannabis consumption rates provides insight into what a potential domestic market size could be. Germany is trending towards adult-use cannabis legalization, and one of the main estimates that needs to be pinned down is the potential size of Germany’s adult-use cannabis market. After all, how else can determinations be made for such things as the initial regulatory jobs and entity licenses needed? Newly released data from Germany’s Epidemiological Addiction Survey gives lawmakers, regulators, and cannabis observers something to work with.

According to the survey data, nearly ten percent (9.6%) of Germany’s population used at least one illegal substance in 2021, the most recent year for which data is available. The most popular substance according to the survey results was cannabis, with roughly 8.8% of Germany’s population reportedly having consumed cannabis at least once during the one-year timeframe. Men (10.7%) were more likely to report having consumed cannabis compared to women (6.8%). Of the population that reported having consumed cannabis, young adults (18-24 years old) were the largest group (22.8% of consumers), followed by 25-39 year olds (12.3% of consumers), and 40-59 year olds (4.6% of consumers).

A Domestic Supply For A Continental Demand

It is worth noting that just because some survey participants reported having consumed cannabis in the last year in Germany doesn’t mean that they are all frequent consumers and/or that they would automatically make all future adult-use cannabis purchases from regulated sources. One has to assume that a subset of the professed cannabis consumer group involved in the survey tried cannabis but did not purchase it themselves, and that another subset would continue to make purchases via unregulated sources if/when Germany launches a regulated adult-use industry.

With all of that being said, the domestic market in Germany will still be enormous given the size of the nation’s population, assuming that a relevant number of current unregulated adult-use cannabis purchasers migrate to the regulated market. If it were an apples-to-apples comparison people could look to Canada, compare their consumptions rates and survey data pertaining to legal cannabis purchases versus unregulated ones, and be well-suited to make a very educated guess as to what the size of Germany’s legal market could be.

However, it’s not an apples-to-apples comparison, but rather, an apples-to-bratwurst comparison due to Germany’s level of tourism and its geographical location on the European continent. Germany shares more borders than any other country in Europe, and it’s a safe bet that adults from surrounding nations will cross the border to partake in the new found freedoms once Germany’s regulated industry launches. How many is tough to say, although it’s guaranteed to be a significant amount of people.

Unfortunately for many of those cannabis tourists, the supply in Germany may not be able to meet the demand, at least not at first. Germany’s current legalization pursuits involve a model that is built entirely on domestic production due to various treaty provisions. I don’t know how much cannabis the European continent can consume, but with Germany likely to serve as a legal continental adult-use cannabis market oasis for some duration of time I have to assume that it will be off the charts.

Will Regulations Be Affected?

It will be interesting to see how both regulators and cannabis industry members navigate the adult-use domestic supply provision of Germany’s reported legalization model. Will regulators put stringent purchasing limits in place to help balance demand with supply? Even if they did, would it be effective? Will we witness a boom in the number of domestic cultivation licenses issued in Germany to boost supply? If so, will the licenses be limited to a handful of companies or be issued to a wide array of companies? These are just some of the lingering questions swirling  out there.

Meanwhile, when legalization does arrive in Germany, it will reportedly allow adult households to cultivate up to 3 cannabis plants (per the current plan), which will affect domestic demand to some degree. How many people will choose to cultivate their own cannabis, and equally importantly, how many of them will actually succeed in doing so, is anyone’s guess. Whatever amount it ends up working out to, it will help on the domestic front.

Some people may falsely assume that Germany’s government could care less about supply shortages, however, the premise being pitched by Germany’s Health Minister to the European Union is largely that Germany’s legalization goal is to improve public health via the consumption of regulated products. That public health outcome will only become a reality if/when prices for regulated products are competitive with the unregulated market. Supply shortages would obviously guarantee that the unregulated market would continue to thrive in Germany, and that is the exact opposite of what lawmakers and regulators want.

Germany

cannabis joint flower preroll prerolls

Will Amsterdam’s New Cannabis Smoking Ban Become A Trend?

Amsterdam is one of the most popular cannabis tourism destinations on earth, and for many years, the European city was the undeniable world champion of social cannabis use. It’s not a coincidence that the Cannabis Cup was held there, and only there, for a long time. Yet, in recent years Amsterdam has ceded ground to several other cities when it comes to cannabis tourism, and thanks to a pending policy regarding outdoor cannabis use, it’s possible that Amsterdam could become even less popular with cannabis tourists in the near future.

Starting in May, a new policy will take effect that bans outdoor cannabis consumption in Amsterdam’s famous Red Light District. It is estimated that 18 million tourists visit Amsterdam annually, and tourism activity in the Red Light District has yielded complaints from local residents, including complaints about the smell of smoked cannabis in the area. In addition to the cannabis smoking ban, Amsterdam is planning on toughening rules related to alcohol sales, as well as limiting bar and brothel hours.

Smoking As A Nuisance And Public Health Concern

Some people, myself included, do not mind the smell of cannabis. I live in the State of Oregon where cannabis is legal, and while public consumption carries a fine, smelling cannabis smoke while I am walking around town is still very common. I personally enjoy the smell of it and it makes me smile. However, my opinion is just one of many, and there are many people that do not like the smell of cannabis smoke, or any other type of smoke for that matter. People that do not like the smell consider it to be a nuisance, especially if the smell is constant, which I’d imagine is the case in Amsterdam.

In addition to people that do not like the smell of cannabis smoke outright, there are also people that do not like being around smoke due to health concerns. They may wish to avoid secondhand smoke for general health concern reasons, or it could be due to a diagnosed condition that is harmed by secondhand smoke. It is worth noting that cannabis smoke is not the same as tobacco smoke, however, much of the public likely doesn’t know that, and thus their concerns remain.

Late last year New Zealand passed the world’s first ban on tobacco cigarette sales, prohibiting retailers from selling cigarettes to anyone born on or after January 1, 2009. Obviously, some people will still be able to purchase cigarettes in New Zealand, but eventually the ban will apply to everyone as the nation’s population ages. The justification for the ban is public health concerns, and that, coupled with nuisance concerns related to smoke could result in similar policies spreading to other parts of the globe. Being that cannabis is also smoked, in theory, similar policies like what is in Amsterdam could be pursued in other jurisdictions, as well as prohibited sales of smokable forms of cannabis potentially, akin to the prohibition on tobacco sales in New Zealand.

Smokeless Forms Of Cannabis

Public cannabis consumption laws vary around the world, with most jurisdictions still treating such acts as crimes. Although, most of the charges that relate to public consumption crimes are based on the act of possession, not use. As prohibition is replaced with legalization, public consumption bans will shift from being based on possession prohibitions to consumption prohibitions. The difference is nuanced, but very important from an enforcement logistics standpoint.

Even in jurisdictions where cannabis is currently legal for adult-use, public consumption is still prohibited, albeit usually a fine versus a crime. Nearly all of the time, the way public use is detected is via the smell of smoke, and to a lesser extent, vaping. And yet, inhaling cannabis is only one of the many ways to consume it.

These days in a growing number of jurisdictions a wide variety of cannabis products are legally available, including edibles, topicals, beverages, transdermal patches, and other emerging smokeless methods of consumption. As those smokeless products increase in availability and popularity, concerns regarding cannabis smoke will become less prevalent. After all, would anyone in Amsterdam’s Red Light District care if someone was eating a cannabis-infused gummy or wearing a cannabis transdermal patch? How would anyone even know?

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hong kong

Individual In Hong Kong Faces Up To 7 Years In Prison For Bottles Of CBD Products

Law enforcement officials in Hong Kong have made their first CBD-related arrest since a new law took effect at the beginning of this month. Starting at the beginning of February, all CBD products became prohibited in Hong Kong, with CBD now being classified at the same level as heroin and methamphetamine in the jurisdiction. Hong Kong was recently home to one of the most thriving CBD industries on the planet, however, most CBD companies closed in the lead up to the new law’s implementation.

The first man to face charges in Hong Kong under the new prohibition law was not reportedly selling CBD products. Rather, he had reportedly ordered a couple of bottles of ‘CBD skin oil’ from Denmark and was arrested when he was going to pick up the parcel containing the bottles. From there authorities searched a locker at a clubhouse that allegedly belonged to the individual, and in the locker was more ‘CBD skin oil,’ along with four grams of flower. It’s unclear at this time whether the flower involved was floral CBD hemp or flower that contained THC. Regardless, the individual is now facing potentially up to seven years in prison, and having to pay a fine of up to HK$1 million.

Why Would A Government Ban CBD?

As of the posting of this article, a search on PubMed.gov for the term ‘CBD’ yields over 10,500 results of peer-reviewed studies, many of them demonstrating that CBD is indeed effective at treating various ailments and conditions. PubMed houses the results of peer-reviewed studies from all over the world and is accessible to anyone with internet access. Many of the studies on PubMed that involve CBD have also found that the cannabinoid does not induce intoxication, unlike its cannabinoid counterpart THC.

Yet, despite it’s established wellness benefits and lack of inducing intoxication, CBD is still banned in Hong Kong, and at least one person is having their life ruined because of a new prohibition policy there. CBD products are bought and sold legally in many parts of the world now, and no meaningful public health issues have surfaced as a result. Thailand is a great example of CBD products being widely available and frequently consumed by people, and the sky remaining intact. Hong Kong prohibiting CBD is ridiculous, and penalizing people to the tune of up to 7 years in prison is even more ridiculous.

A Reminder Of The Need For Advocacy

The arrest in Hong Kong is truly unfortunate, and serves as yet another reminder that cannabis advocates still have a lot of work to do to ensure that no one is subjected to a nation’s criminal justice system due to cannabis. Cannabis prohibition is a failed public policy, and that is true in Hong Kong just as it is true anywhere else. A public policy prohibiting CBD is particularly shameful.

If you live in Hong Kong or have plans to travel there, proceed with caution. As one person is already unfortunately learning, law enforcement officials in Hong Kong are not going to take any cannabis activity lightly. If ‘CBD skin oil’ is resulting in someone facing potentially the better part of a decade in prison, it’s likely safe to assume that there will be zero tolerance for any cannabis possession of any kind.

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marsaxlokk malta

Will Malta’s Cannabis Club Model Be Adopted By Germany And Spain?

In many ways the European continent seems like it is on the cusp of hitting warp speed for cannabis policy reform, and if so, a potential rapid spread of the legal cannabis industry could be on the horizon. The most noteworthy evidence of this can be found in Germany right now, where an adult-use legalization measure is expected to be introduced in the first quarter of this year. Once the measure is formally introduced in Germany it will likely be followed by similar measures being introduced in other European countries. Malta may not have as much political clout as Germany, however, its approach to cannabis clubs and adult-use regulation will also likely have a large butterfly effect on its continental peers whether people realize it or not.

In late 2021 lawmakers in Malta passed an adult-use cannabis legalization measure. It was the first time since the start of cannabis prohibition that a European country passed a national cannabis legalization measure that did not involve any limits on THC content for consumers over 21 years old. Only two other countries on the planet passed such measures prior to Malta doing so (Uruguay and Canada). Malta’s legalization model involves allowing people of legal age (18 or older) to possess up to seven grams of cannabis and for adult households to cultivate up to four plants per residence. Consumers that do not cultivate their own cannabis will eventually be able to make purchases at non-profit cannabis clubs, and the proposed approach to regulating cannabis commerce in Malta via non-profit clubs could become a blueprint for other European countries to copy in the near future.

The Malta Model

Starting on February 28, 2023, aspiring non-profit cannabis club operators can apply for a license through Malta’s Authority for the Responsible Use of Cannabis (ARUC). Regulations for such clubs include (but are not limited to):

  • A maximum of 500 club members
  • Cannot be located within 250 meters of a school or ‘youth center’
  • No advertising
  • Cannot use the word ‘cannabis’ in the club’s name, or anything that would ‘incite use’
  • At least two club founders with no prior convictions of money laundering
  • Clubs must have a legal representative
  • Club administrators have to be residents for at least 5 years
  • All cannabis has to be cultivated by the club itself (out of public view)
  • Registration fee of €1,000
  • License fee starting at €8,750
  • Initial licenses valid for 1 year, with 3 year renewals
  • Labeling requirements
  • Ongoing government auditing
  • Product testing
  • THC percentage caps for consumers 18-20 years old
  • Consumers can only have a membership at 1 club at a time
  • Revenue dispersal requirements

It still appears to be up in the air as to whether people will be able to consume cannabis on-site at the cannabis clubs, and while the current rules are fairly extensive, it’s always possible that they could evolve over time. After all, these new rules and regulations in Malta are brand new to the world by many measures, and there will no doubt be a need to tweak things as time goes on.

Will Germany And Spain Adopt Malta’s Approach?

Now that Malta is rolling out its legal cannabis commerce model, two countries that are of particular interest to me from a cannabis public policy standpoint are Germany and Spain, as they seem to be the European countries that will benefit the most from a ‘Malta butterfly effect.’ Make no mistake – Germany is on its own path towards legalization, and regardless of what is going on in Malta, the process for German legalization will continue. However, whether Germany will eventually have cannabis clubs and/or allow social use is unclear at this time, and it’s feasible that a successful rollout of clubs in Malta could encourage Germany to incorporate aspects of Malta’s legalization model as it pertains to those types of entities.

Spain, in my opinion, is much more likely to experience a cannabis public policy butterfly effect from what is going on in Malta compared to Germany. Spain is already home to numerous private cannabis clubs, albeit unregulated ones, and so it’s much more of an apples-to-apples comparison. Many, if not all, of the non-profit club provisions that are being adopted in Malta could also be adopted in Spain if lawmakers were willing to make it happen. Malta has quite literally provided Spain with a blueprint of how to regulate non-profit cannabis clubs. Of course, enough time will need to go by in order to know that the current regulations are sensible, but Malta’s approach is already better than Spain’s in that a formalized approach actually exists and is being implemented.

Malta may not have a huge economy or enormous population, yet, its approach to regulating cannabis commerce is historic in many ways, and the significance of the approach cannot be overstated. Being the first country on a continent to regulate adult-use cannabis commerce at a national level is not easy. After all, there is no guidebook for such an endeavor other than what has gone on in Uruguay and Canada, and even strategies from those countries aren’t always applicable on the other side of the Atlantic Ocean. A successful launch in Malta would be a win not just for consumers within Malta’s borders, but also potentially for consumers across the European continent.

Germany, malta, Spain

future of global cannabis industry panel icbc berlin 2022

Who Attends International Cannabis Business Conference Events?

The International Cannabis Business Conference is the world’s largest global B2B cannabis event series, with upcoming events occurring in Barcelona on March 9th, the Global Investment Forum in Berlin on June 27th, and the series’ flagship B2B event in Berlin on June 29-30th. Tickets are available at Internationalcbc.com. Below are the types of individuals and entities that attend International Cannabis Business Conference events.

Entrepreneurs

Success in the business world, particularly at the international level, is far from automatic. The list of what it takes to be successful is exhaustive, however, at the top of the list is timing. The right timing can mean the difference between an entrepreneur going on to build one of the world’s next great companies or having to close operations.

Timing is particularly important in the international cannabis industry with everything evolving so quickly and market leaders being located all over the planet. The International Cannabis Business Conference brings true leaders and experts from all over the globe to its events to make learning and networking easier for aspiring international cannabis entrepreneurs.

Investors

The emerging legal international cannabis industry is still largely in its infancy, and that creates tremendous opportunities for investors. It’s very rare for an industry with as much profit potential as the international cannabis industry to essentially start from scratch. The cannabis brands and inventions that will reap financial gains far into the future are currently looking for capital and effective guidance to help scale operations, and investors that network with them in the proper setting at the right time will be significantly rewarded.

International Cannabis Business Conference events are attended by innovators from all over the world, with industry disrupting concepts and technology debuting at past conferences. International investors that are also in attendance benefit from seeing what opportunities are currently out there in the international cannabis space, as well as benefit from learning from global cannabis experts regarding industry and regulatory trends.

Policymakers

An important aspect of International Cannabis Business Conference events is providing a platform for cannabis policymakers and regulators from all over the planet to discuss reform efforts. By facilitating meaningful discussions between leaders from several jurisdictions, the International Cannabis Business Conference is moving cannabis reform efforts forward at the national, continental, and international levels.

One of the many examples of that can be found in Germany where the International Cannabis Business Conference holds its flagship event every year. Several public policy concepts and ideas that were initially proposed and discussed at the International Cannabis Business Conference in Berlin have since become part of the mainstream political conversation as Germany continues its push towards adult-use legalization.

Industry Service Providers

The industry service provider sector of the emerging cannabis industry can be particularly difficult to navigate at the international level, with every jurisdiction and market having their own sets of laws and regulations. To make matters even more difficult for industry service providers, many of the regulations are constantly evolving. Fortunately, every new market that becomes legal creates new opportunities for industry service providers, and for those that are properly educated and establish the right networks, leveraging those opportunities can yield tremendous financial success. Industry service providers from all over the world directly benefit from attending International Cannabis Business Conference events.

Entertainers

It would not be an International Cannabis Business Conference event without world class entertainers in attendance. Numerous celebrities from television, music, film, and professional sports have presented and/or performed at International Cannabis Business Conference events, including at the International Cannabis Business Conference’s infamous event after-parties. Three-time Grammy award-winning reggae band Morgan Heritage kicked off its last European tour at the International Cannabis Business Conference in Berlin last year, and it’s just one of the many examples of the level of entertainment that is present at the events.

Media

The International Cannabis Business Conference events are attended by representatives from top international media outlets, with some media representatives also participating on panels. Presentations from the International Cannabis Business Conference regularly generate headlines in leading mainstream and cannabis media outlets involving dozens of languages, proving once again that the International Cannabis Business Conference is where the world meets cannabis.

barcelona, berlin

earth

Media And Marketing In The Emerging International Cannabis Industry

Nearly every business in every industry on the planet needs to market their products and/or services to some degree in order to succeed. After all, how else would potential consumers and clients know about the business’ offerings?

When it comes to marketing, not all industries are created equal, with the emerging legal cannabis industry being a prime example. Whereas in other industries marketing strategies are only limited by financial resources and creativity, the emerging cannabis industry has additional hurdles and factors to consider due to ongoing cannabis prohibition in many jurisdictions.

Even in some legal jurisdictions where cannabis commerce is permitted, cannabis advertising and marketing rules and regulations are such that strategies can be very complicated and limited. It makes it much more difficult to make an impact from a branding perspective.

Furthermore, media and public relations efforts are also complicated for cannabis companies. Mainstream media has historically served as one of the top opponents for all things cannabis, and while that is slowly changing, generating positive media coverage that adds real value to a brand can be trickier for cannabis companies compared to companies operating in other industries. Meanwhile, cannabis-specific media continues to rise across the globe, and there are important nuances that are vital to know when corresponding with cannabis media and mainstream media outlets.

All of that is compounded by the rapidly changing landscape of the emerging cannabis industry, especially at the international level, in addition to the industry becoming increasingly more crowded with every passing year. Crafting and pursuing the right media and marketing strategy is paramount for every international cannabis company. It will be the difference between a company becoming a global powerhouse or folding.

The best way to learn how to craft a solid media and marketing strategy is to hear from true experts that have a proven track record of doing it, and opportunities like that do not pop up very often. Fortunately, the upcoming International Cannabis Business Conference in Barcelona will have a panel dedicated to the topic. The ‘Media and Marketing in the Cannabis Space’ panel will be moderated by Shane MacGuill, head of nicotine and cannabis research for Euromonitor International. MacGuill will be joined by:

  • Michael Knodt, freelance journalist
  • Simón Espinosa, CEO and founder, EN VOLÁ
  • Luna Stower, Chief Impact Officer, ISpire
  • Stephen Verbeek, President and CEO, Hello Cannabis

ICBC events are attended by cannabis leaders from dozens of different countries, with the Barcelona B2B trade show serving as the first major international cannabis event of its type for 2023. The conference itself will be held at the L’Auditori de Cornellà, with the after-party being held at the Hotel Arts (Ritz-Carleton) Barcelona. You can view the event’s schedule at this link here. If you want to network with the best in the cannabis space, ICBC Barcelona is a must-attend.

Spain is home to arguably the best cannabis culture on earth, with 70% of Spain’s cannabis clubs being in Barcelona. Roughly 90% of Spain voters support medical cannabis according to a recent survey by the Center for Sociological Research. Home to roughly 4 million regular cannabis consumers, 56% of residents in Spain support legalizing regulated cannabis sales to adults (18 or older). The current value of Spain’s cannabis industry is estimated to be €3.3 billion (£2.81bn) per year.

Over 1,000 people from over 40 countries will be represented at the super-event this March in Barcelona and that includes representatives from every sector of the industry as well as leading international cannabis policymakers and industry service providers. Attend the super-event in Barcelona to network with investors, entrepreneurs, industry regulators, and international policymakers and take your industry pursuits to the next level.

The International Cannabis Business Conference also has additional upcoming events in Berlin in June 2023. You can secure tickets now and take advantage of the early bird pricing discount.

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About the International Cannabis Business Conference

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Italy Would Obviously Benefit From Cannabis Legalization

A bit of a metaphorical political food fight occurred last week on social media with two lawmakers in Italy having, shall we say, a ‘debate’ about the merits of cannabis legalization and prohibition. According to local media coverage, the back and forth between Elly Schlein and Matteo Salvini began with Salvini posting an image of Schlein with a sticker on her forehead, and the caption (translated to English), “More taxes and more joints, the priorities of the Pd to help Italians. Do we laugh or cry?”

Elly Schlein, a candidate for the secretariat of the Democratic Party, previously expressed support for legalization. Matteo Salvini, who currently serves as Italy’s Deputy Prime Minister and appears to be a devout prohibitionist, clearly took issue with that expressed support and used it to take a passive aggressive jab at Schlein. Schlein then stated (translated to English), “In the meantime, we are concerned not to make the mafias laugh. The legalization of cannabis takes away ground from organized crime, while raising the ceiling on cash and dismantling the procurement code makes it easier. They are choices. #BetterLegal”

Putting the pros and cons of each individual as a lawmaker aside, the communications about each other’s position on cannabis policy highlights the ongoing need to reform Italy’s cannabis laws. Just as cannabis prohibition does not work anywhere else on earth, so too is it an abject failure in Italy. Lawmakers in Italy would be wise to join a growing chorus of lawmakers in other countries that are calling for legalization in order to boost public health outcomes.

Prohibition Is Bad For Public Health

Over the weekend I reported on a recommendation by France’s Economic, Social and Environmental Council which called for France to pass an adult-use legalization measure, with part of the recommended measure involving the launch of regulated adult-use cannabis sales. To paraphrase the stated the position of the Council, essentially, cannabis prohibition is more harmful to public health than cannabis legalization would be.

The Council has a point. France has one of the greatest cannabis consumption rates on the planet, with data from 2020 indicating that 46% of adults in France have tried cannabis at least once, and 11% consuming cannabis annually. Nearly all of that cannabis comes from the unregulated market being that France only permits very limited use of medical cannabis, although it is worth mentioning that France did recently lift a ban on CBD products and it’s quite possible that some survey respondents were referring to that type of cannabis, often referred to as ‘cannabis light.’ Regardless, consumers would clearly benefit from products being tested prior to being sold which would occur in a regulated industry.

France is not alone in weighing the public health impacts of prohibition versus legalization. Germany is currently pursuing a similar approach, and in a more meaningful way compared to France. Whereas the Council recommendation in France is not legally binding and is merely just a suggestion, lawmakers in Germany are actively pursuing a legalization model that is geared towards boosting public health outcomes via a regulated system. Leaders in the Czech Republic have also indicated a desire to pursue a similar approach, and leaders in Italy should join them.

An Evidence-Based Approach

At best, when cannabis opponents are challenged they will offer up statistics and studies that, when put into proper context, highlight how little proof there actually is that cannabis prohibition works. Those talking points are big on scare tactics, but little on actual applicability. Cannabis prohibition does not lower consumption rates, nor does it prevent youth access. All it does is ensure that products are less safe compared to products in a regulated system, it helps organized crime profit from unregulated sales, and it diverts limited public resources away from effective public health strategies towards forcing people into the criminal justice system.

One thing that is often lost in the discussion about cannabis policy is the opportunity cost of prohibition. Enforcing failed cannabis prohibition is not free, and, in fact, is very expensive. According to Statista, the average daily cost of incarcerating someone (including for cannabis) is roughly 143 euros, which is up from 2019 when the estimated cost was 131 euros a day. That, of course, does not include the cost of the officers patrolling, the cost of the investigation, the cost of any forensic lab work, and the cost of the court proceedings. Now, multiply all of that times the number of people arrested and prosecuted for cannabis offenses in Italy and the numbers quickly add up. Obviously, not every case involves every component that I mentioned, however, at the macro level it’s still a tremendous sum when all combined together.

Meanwhile, none of those dollars go towards actual public health strategies, such as education. Regulated sales coupled with funding ongoing education campaigns helps mitigate youth consumption rates better than threating youth with possible criminal justice ramifications, as proven by the statistics in some legal jurisdictions like the State of Oregon where I live. The funds saved by no longer enforcing failed prohibition, coupled with the revenues generated by a taxed and regulated industry, can provide governments with funding levels for public health strategies that they currently can only dream about. That would obviously include Italy, but only when lawmakers like Matteo Salvini refrain from making prohibitionist quips, and instead focus their energy on pursuing a sensible approach towards cannabis public policy.

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France flag

France Council Proposes Cannabis Legalization To Boost Public Health

France is one of the most popular places for cannabis consumption on the entire planet, which may shock some people given the fact that France’s public cannabis policies are not as favorable as policies in many other countries, including countries in Europe. However, France has one of the highest cannabis consumption rates on earth. Per data from 2020, 46% of adults in France have tried cannabis at least once, with 11% consuming cannabis annually. Cannabis remains illegal in France with very few exceptions, and the consumption of unregulated cannabis products is a public health concern according to the nation’s Economic, Social and Environmental Council. That public health concern is why they are now recommending that France legalize cannabis for adult use.

The Economic, Social and Environmental Council is chaired by Jean-François Naton, CGT confederal adviser, and its recommendation to pass an adult-use legalization measure comes after a year of the entity conducting research. The research reportedly involved extensive interviews, including in the southern region of France where unregulated cannabis activity seems to be particularly popular. The Council’s recommendation is not legally binding, however, it does make a very compelling argument for legalization, and the theme of the argument seems to be part of a growing trend on the continent.

Ending Prohibition For Public Health Reasons

A very interesting public policy evolution is underway on the European continent, whether many people realize it or not. For several decades prohibition was ‘justified’ by its supporters via arguments that ‘cannabis use was bad for public health.’ The whole reefer madness movement that yielded cannabis prohibition was largely predicated on claims that ‘cannabis use harmed mental health, made people lazy, and caused people to exhibit extreme behavior and poor decision-making.’

Of course, all of those reefer madness talking points have since proven to be false and/or overblown, and according to the arguments currently being made by a growing number of public health leaders in Europe, it’s cannabis prohibition that is the true danger to public health for various reasons. For example, one of the main arguments being made by the Council in France is that a regulated industry would help prevent sales to minors since part of the Council’s proposal is to prohibit such sales, in addition to banning cannabis advertising.

Some cannabis opponents have scoffed at the claim that a regulated industry would reduce youth consumption rates, with those same opponents often trying to simultaneously make the claim that legalization would create a doomsday scenario for youth consumption. Unfortunately for those opponents, there is now data from legal jurisdictions that demonstrates what actually happens to youth consumption in a regulated system.

Per government data from the Oregon Health Authority (USA), not only was there no spike in youth consumption following the launch of legal adult-use sales and outright possession legalization in 2015; youth consumption rates actually went down from 2012 to 2018 in Oregon. A broader study conducted by researchers at Michigan State University, which involved consumption survey data from over 800,000 respondents in U.S. states where cannabis sales were permitted, also found no spike in youth cannabis usage rates. A study in 2021 conducted by researchers in Canada found ‘no significant differences’ in cannabis consumption rates before and after cannabis legalization in Canada. As of May 2022, data out of Uruguay also demonstrated no sustained changes in youth consumption rates post-legalization.

‘The German Model’

Days ago a report surfaced regarding the ongoing legalization effort in Germany, with possible movement occurring in the next two months. According to the report, Germany’s Health Minister Karl Lauterbach believes that a formal introduction of an adult-use legalization measure will happen ‘in the first quarter of 2023’ and that he ‘has no reason to doubt this schedule.’ If that timeline proves to be accurate, 2023 could be a very big year for cannabis reform in Europe.

At the heart of the Health Minister’s plan for legalization in Germany is a ‘legalization to improve public health’ strategy. Much like what is being recommended in France, the Minister is making the case that a regulated cannabis industry is better for overall public health compared to cannabis prohibition. That argument could prove to be effective at both winning the approval of the public as well as the approval of the European Union. It’s worth noting that if the European Union gives its approval to Germany, that is not to say that the European Union is pro-legalization per se, but rather, that the European Union is not going to stand in the way of legalization proceeding in Germany.

The reasoning behind the EU refraining from stepping in would be that while treaty provisions limit adult-use cannabis commerce, other provisions also permit individual nations to pursue public health strategies that make sense for the particular nation. By framing legalization as a public health matter versus an economic one, as Germany is currently doing, it could put countries on a stronger legal foundation if/when they pursue legalization. Germany could quite possibly be building the blueprint for modern national adult-use legalization in Europe, and France is one of the many countries that could benefit from copying such a model.

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Germany Health Minister Karl Lauterbach

Report: German Health Minister Confirms Timetable For Cannabis Legalization

Over the weekend a potentially significant report surfaced regarding cannabis legalization in Germany. To quickly recap how we got to where we are now, Germany’s Health Minister Karl Lauterbach presented an adult-use legalization plan to the federal cabinet back in October. Since that time, Lauterbach has lobbied the European Union for its permission to proceed with formally introducing the plan for consideration by German lawmakers. According to the report, Lauterbach is ‘certain’ that the European Union will grant its approval and that a formal introduction of the legalization measure will occur ‘in the first quarter of this year.’ Minister Lauterbach added, according to the report, that he ‘has no reason to doubt this schedule.’

Given that the better part of January 2023 is already in the history books, that means that if Minster Lauterbach’s schedule indeed proves to be accurate then Germany’s lawmakers could be considering a national adult-use legalization measure by the end of March (or sooner). Looking at it from a perspective beyond Germany’s borders, if Lauterbach is going to proceed with a formal introduction of a legalization measure with the EU’s blessing, then that logically means that other nations will presumably be able to do the same. If so, we could see the opening of the European legalization floodgates with other nations copying Germany’s model.

What Will Be Legalized In Germany?

The plan that Minister Lauterbach presented to the federal cabinet in Germany back in October was not the first version of the plan. In the days leading up to the formal presentation a reported previous version was leaked, and due to various provisions contained in the leaked plan, public outcry was swift. The outcry was largely directed at the initial possession limit (20 grams), an age-tiered THC percentage cap (10-15% depending on age), and the initial cultivation limit (2 plants).

What was ultimately presented to the federal cabinet involved somewhat vague language, in that the possession limit was raised to ’20-30 grams’ and that there would be ‘further examination’ as to whether there would at least be THC percentage caps for consumers 18-20 years old. The home cultivation limit was raised in the federal cabinet presentation compared to the leaked version of the plan, from 2 plants up to 3 plants per adult household.

One of the most significant components of the plan presented to the federal cabinet was the intention to launch a legal national adult-use cannabis industry in Germany. Right now, the only country that permits sales of non-THC capped cannabis products nationwide to anyone of legal age, including nonresidents, is Canada. Uruguay allows sales to residents, and Malta is in the process of setting up regulated non-profit clubs. No other country permits legal sales of non-THC capped cannabis products nationwide, and given how much larger Germany’s population, economy, and level of tourism is compared to Canada’s, the launch of a regulated national adult-use market in Germany will be a very big deal.

Limitations Of Germany’s Model

Germany’s legalization model is not perfect for various reasons, not the least of which is that it is yet to be approved, codified, and implemented. After all, politics can be full of twists and turns, and until a legalization measure becomes the law of the land in Germany there’s always the possibility that provisions could be changed and/or that the process itself could stall. We have already witnessed Lauterbach’s legalization plan evolve, and technically he has yet to reveal what, if any, changes were made as part of gaining approval from the European Union.

Part of the report that surfaced over the weekend described Minister Lauterbach as planning to present a ‘very good solution’ for German lawmakers to consider. Obviously, that is not the same as saying outright that the European Union didn’t demand any changes to Germany’s previously presented approach. If the changes are seen as regressive to some lawmakers in Germany, it’s virtually guaranteed that there will be pushback.

One huge limitation that seems to already be agreed upon by Minister Lauterbach and the EU is that all cannabis for Germany’s eventual adult-use market has to be produced domestically in order for Germany to be in compliance with treaties. While we will all have to wait and see how it plays out, I am of the opinion that supply shortages are going to be common due to this limitation. I have no doubt that German cultivators will do their best to produce as much cannabis as legally possible, however, they won’t just be supplying Germany. People from all over the world are going to flock to Germany to partake in the new freedoms. How great the demand for legal cannabis will be in Germany once sales are permitted is tough to say, but I think it’s a safe bet that it’s going to be enormous, and that may create issues.

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