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Tag: Europe

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European Cannabis Spring Update

Spring is here! What is going down on the European Cannabis front?

Spring is here, and there are some interesting developments on the reform discussion front. Covid is receding but there is a big complication in the room right now. Namely, the Russia-Ukraine war.

Where and how much will cannabis reform progress this year?

Germany

All eyes are on Deutschland now. The Traffic Light Coalition promised reform, but the reality is that they are not putting this on the top of their agenda. First it was Covid. Now it is the evolving crisis in the East, along with all the complications which came with it – including sources of energy as well as overall inflation and an influx of refugees. Regardless, it is also clear that the German industry will not go away – and further that those who are in the medical space already are eager to expand into a new vertical.

Insiders say that rec reform is not likely to move legislatively, let alone any other way this year. In the meantime, lawsuits are afoot to define the legal status of imported hemp flower in the German market.

Beyond this, there is also clearly foreign money again looking to Germany to figure out where, when, and how to land. Go in too early and there is every possibility of being hung up on more legislative wait and see. So far, there has been no “too late.”

Switzerland

All eyes are on der Schweiz this spring. The country, while outside of the EU, is the first European country to move forward on a recreational trial that feels like one (in other words, not just seeds). Vendors are now getting ready for product launch via their Cantons. Stay tuned for further developments. From a pure reform front, this is the market with mo this year.

Malta and Luxembourg

The first technically “rec” markets in the EU (beyond Holland) are likely to better define rules this year. A seed market is a good start, but most people are not likely to want to grow their own.

France

The last major economy in the EU has finally bowed to the inevitable and even legalized the cultivation of medical cannabis this spring. However, there are many fights ahead, even as courts helped open the way for the sale of CBD flower.

European Victories

All is not doom and gloom, let alone wait and see. There have been some concrete victories this spring – namely the approval of novel food applications and an agreement on the percentage of THC allowed in hemp and hemp seeds on a regional basis. It may be slow, but at least it is moving.

Bottom line? There are many excuses being used by legislators to keep reform from the front burner – all of which ring hollow when the economic boon legalization will bring is factored into the equation. Europe needs this industry, no matter how many other global or even regional crises arise in the meantime.

Be sure to book your tickets to the Berlin International Cannabis Business Conference this summer!

Europe

Europe map with pins

What Should People Anticipate As Legalization Spreads Through Europe?

The European continent is at the forefront of adult-use cannabis legalization reform. Towards the end of last year, lawmakers in Malta passed an adult-use measure making the country the first in Europe to do so. With 2022 in full swing multiple other countries in Europe may follow.

Members of the governing coalition in Germany previously announced intentions to legalize cannabis for adult use as well as launch a regulated adult-use industry. The German lawmakers did not announce a specific timeline for doing so, however, the start of the policy shift is expected to happen sooner rather than later.

Cannabis activists in Italy have likely gathered enough signatures to put a cannabis legalization referendum before voters. The effort only needs to clear one more procedural hurdle, which is expected to happen later this month. Legalization is expected to occur this year in Luxembourg according to lawmakers.

Both Switzerland and the Netherlands are pursuing adult-use ‘pilot programs’ in which cannabis will be legal in certain jurisdictions for research purposes to help craft eventual national legalization policies. Switzerland already allows the sale of cannabis products with less than 1% THC content. In every measurable way, cannabis legalization is on the move in Europe.

Opportunities For Investors, Operators, And Consumers

It is truly an exciting time to be a cannabis enthusiast in Europe and looking towards the future, the situation should only continue to improve as more countries pursue and enact sensible reform measures. Every European country that legalizes, starting with Malta, builds momentum for reform in other countries on the continent. Lawmakers have to decide if they want to get on the right side of history and see their countries reap the benefits of cannabis reform, or continue to cling to failed public policy and let once-in-a-generation opportunities pass them by.

Now that the first domino has fallen, people can expect an uptick in policy changes in the coming years in Europe. Knowing what to anticipate and getting the timing right is extremely important for investors, operators, and consumers as there will be tremendous opportunities created by the inevitable policy changes.

The perfect time and place to learn more about what to anticipate in Europe is at the upcoming International Cannabis Business Conference B2B event in Barcelona on March 10th. The event is part of the world’s largest superconference, with the International Cannabis Business Conference once again teaming up with Spannabis. Jamie L Pearson, Bhang Inc.’s (CSE:BHNG OTCQB: BHNGF) President and CEO will provide the keynote at the B2B event.

Pearson is a proven leader in the cannabis space and brings nearly a decade of experience from operating an internationally-recognized brand in the ever-evolving North American cannabis markets. She will offer her top 10 observations regarding social justice, banking, taxation, wellness, and leadership in her keynote address.

Additional Speakers

The rich cannabis history and culture in Barcelona, Spain make it the perfect backdrop for the next International Cannabis Business Conference being held in March. The conference is co-sponsored by Bhang Inc and Grow Glide. At the conclusion of the superconference the International Cannabis Business Conference will host one of its world-famous after-parties. This year’s after-party will be sponsored by Cansativa.

The most entertaining man in cannabis, Ngaio Bealum, will serve as the International Cannabis Business Conference’s Master of Ceremonies in Barcelona. Additional speakers include:

  • Bernardo Soriano Guzmán – CO-CEO, S&F Abogados
  • Guillermo J Fernandez Navarro – CO-Founder, S&F Abogados
  • Nic Easley – CEO of 3C Consulting and Managing Director of Multiverse Capital
  • Luna Stower – VP Business Development, Ispire
  • Òscar Parés – Deputy Director, ICEERS Foundation
  • Sergio González aka Weedzard – President, 420 Movement
  • Iker Val – CPO, Sovereign Fields
  • Chloe Grossman – Executive Director of Corporate Growth, Trulieve Cannabis Corp
  • Roberto Algar – Managing Director, Curaleaf Switzerland
  • Santiago Ongay – CEO, Sabia
  • Kai-Friedrich Niermann – Founder, KFN+ Law Office
  • Dr. Juana Vasella – Attorney of Law, MME Legal Zurich
  • Joan Simó Cruanyes – Coordinator of Cananbis Hub UPC
  • Albert Tio – Founder of Airam and President of Fedcac
  • Aaron Smith – Co-Founder and Executive Director, National Cannabis Industry Association
  • Lisa Haag – Founder, MJ_Universe
  • Juanma Fernández – CEO, Easy CSC Group
  • Patricia Amiguet – Founder of Pachamama Cannabis Association and President of CatFAC
  • Zeta Ceti – Founder and CEO, Green Rush Consulting
  • Ruben Valenzuela Moreno – CTO, Valenveras

Europe

European flags

Did Cannabis Reform In Europe Increase Use Among Young People?

One of the most popular talking points for cannabis prohibitionists is the ‘what about the children?’ talking point. Cannabis opponents go to that talking point early and often whenever cannabis reform is being proposed in any jurisdiction, including in Europe.

In recent years medical cannabis reform has spread across the European continent, with countless patients now being able to safely access medical cannabis products where they live. Not all countries’ medical cannabis programs are created equal, as proven by a comparison between the United Kingdom and Germany.

Germany is home to the most well-established medical cannabis program in Europe and the largest medical cannabis industry on the continent. Patients can easily acquire medical cannabis products from licensed pharmacies. Compare that to the United Kingdom where only three patients had received any medical cannabis products as of last summer.

With so much medical cannabis reform sweeping the European continent, many are wondering if it had any impact on youth consumption rates on the continent? After all, cannabis opponents tried so hard to convince people that reforming cannabis laws would lead to a doomsday scenario in Europe. A study was recently conducted that sought to answer that question, and spoiler alert – it was not favorable to the claims of cannabis opponents.

Youth Consumption Rates Spanning 20+ Years

A team of researchers in Sweden recently examined data of self-reported cannabis use spanning a period from 1994 to 2017. During that span of time many countries in Europe reformed their cannabis laws in one way or another, including the countries where data was sourced from (Belgium, Czech Republic, Germany, Italy, Netherlands, Norway, Portugal, Slovakia, Spain, Sweden, and United Kingdom).

“Cannabis policy varies greatly across European countries, but evidence of how such policy impacts on recreational cannabis use among young people is conflicting. This study aimed to clarify this association by investigating how changes in cannabis legislation influenced cannabis use.” the study’s authors stated.

“Available data on self-reports of recreational cannabis use among individuals aged 15-34 years was retrieved from EMCDDA. Information on cannabis policy changes was categorized as more lenient (decriminalisation or depenalisation) or stricter (criminalisation, penalisation). Countries that had implemented changes in cannabis legislation or had information on prevalence of use for at least eight calendar years, were eligible for inclusion. We used interrupted time-series linear models to investigate changes in country-specific trajectories of prevalence over calendar time and in relation to policy changes.” the researchers stated regarding their methodology.

The researchers concluded that “Our findings do not support any considerable impact of cannabis legislation on the prevalence of recreational cannabis use among youth and young adults in Europe.”

The Same Will Likely Prove True For Adult-Use Legalization

Europe’s cannabis community experienced a major milestone at the end of last year when Malta became the first country on the continent to legalize cannabis for adult use. The new law makes it legal for adults to cultivate, possess, and consume cannabis. The measure will also legalize cannabis clubs, although it will not legalize adult-use sales.

Legalization efforts are well underway in other European countries as well, with Luxembourg, Germany, and possibly Italy legalizing cannabis for adult use in the near future. That will increase pressure on other countries, including Spain where our next event will be held in March, to ramp up adult-use legalization efforts as well.

Unfortunately, that ramping up of legalization efforts across the continent will likely be paralleled by claims from cannabis opponents that cannabis legalization will result in a stoned youth epidemic. Feel free to point to the results of the study contained in this article to debunk their claims. Just as those claims proved to be unfounded when it came to medical cannabis reform, the same will likely be true for adult-use reform.

Europe

European flags

The World From Here: Cannabis Reform Europe Roundup 2021

The discussion has moved forward increasingly faster this year, in large part after September because of the new German government’s decision to enact federal recreational reform as of 2022

In every revolution, there is a tipping point in time – and on the topic of recreational cannabis reform and Europe, this is indeed that moment.

Significant reform is now in the offing in several European countries, beyond Switzerland, starting of course, with Germany. The pace-setting country is in this space in part because of its population and rich economy. It is also clear because of recent political developments that include the decision in 2017 to move forward on federal medical reform as well as the newly announced decision by the newly formed Traffic Light Coalition to enact recreational reform as early as next year.

Beyond Germany, of course, there have been, particularly in the last quarter of the year, significant announcements, and progress reports all over Europe. Malta just announced that they are in fact the first mover on a recreational market in the EU, with Luxembourg likely to be a hair’s whisker behind with a market that at least at first, looks remarkably similar.

Portugal is also not out for the count – with a government snap election pushing back the inevitability of reform here as well – now almost certain to be reintroduced next year if only to keep pace with the Germans. Italy is also likely to move forward with at least a reform that allows home grow if not like Luxembourg and Malta, the public sale of seeds.

In the Czech Republic, the increased blending of medical and recreational markets (namely the use of GACP rather than GMP cannabis in the medical market) is also a model that is likely to have some kind of impact on blended markets going forward. See Switzerland as the prime European example of the same, even if not in the EU.

Do not forget that Greece is still also moving forward on the development of its medical market, as is neighbour to the north, North Macedonia.

Spain is also likely to finally move forward on some kind of regulation of its coffee shop trade, particularly as Holland also moves, however slowly and painfully, to a national model of regulatory reform and procedure.

Denmark is also likely to announce the details of its own recreational trial too, especially as the medical market continues to take shape.

In short, 2021 has been much like the U.S. in 2012 where two American states – Colorado and Washington State, voted to create recreational markets. The difference, of course, is that all this reform in Europe is of the federal kind.

Regional Reform & The Outliers

There are still a few larger fights on the horizon, both on the sovereign and then of course regional level. Outliers even in the medical discussion include not just France but Poland as well as other countries particularly in the eastern part of the region.

On a regional level, expect recreational reform to move far more slowly. There is still wide disagreement on the implementation of this kind of guidance even in the low THC, hemp market.

Regardless, the cannabis genie is out of the bottle here, as of this year. And no matter when actual sales now begin to happen, it will never be stuffed back.

Europe

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