From Our Writers

A potential hostile takeover bid by U.S. company Green Growth Brands would value the Canadian LP Aphria at CA$2.8 billion — double the company’s Thursday market cap — but Aphria said the proposal drastically undervalues the company.

The Caribbean island nation is the latest country in the region to decriminalize cannabis; the country aims to become a leader in medical cannabis research and production.

A state senator in Massachusetts is aiming to align state labor laws with the fact that cannabis prohibition has been ended.

Following an official inquiry by opposition lawmakers in the Free Democratic Party, federal officials in Germany said they anticipate another six-month delay in the licensing of medical cannabis businesses.

The study, conducted in the Netherlands, found evidence that THC extract from cannabis is useful as a treatment for fibromyalgia pain. Notably, researchers suggest it is far more effective than purely CBD extract.

Israel is expected to enter the global marketplace for medical cannabis products following a decision by the country’s parliamentary body.

FDA Commissioner Scott Gottlieb says the agency has started creating a regulatory framework for CBD products, which were legalized via the 2018 Farm Bill.

The proposed rules would establish standards for the production, packaging, and distribution of edible and topical cannabis products, which are not yet legal in the country.

It appears Thailand will be the first country in Southeast Asia to allow for the production and sale of medical cannabis.

The repeal of hemp prohibition is expected to open new opportunities in agriculture, medicine, fibers/textiles, and biofuel.

Alaska’s Marijuana Control Board has voted 3-2 in favor of allowing on-site cannabis consumption at licensed dispensaries.

Utah’s Department of Agriculture and Food has reportedly received 164 applications for the position of “cannabis czar,” who will head cannabis regulations in the state.

The move also includes a provision for eateries and restaurants where chefs will be able to serve cannabis-infused foods.