The cannabis company Curaleaf, the biggest dispensary chain in the US, has opened a new kind of dispensary, a drive-thru. The dispensary is the company’s 23rd in the state of Florida and its 43rd in the US. On your way home from the Miami International Airport you can do a quick detour and stop by the dispensary for your medical marijuana needs if you’ve already been in the past.
As marijuana is currently only legal medically in Florida the idea behind the drive-thru is to help patients that have difficulties moving to go and get their marijuana more easily. The company wants to improve patients lives across the US and currently operates in 12 states. Through delivery and these drive-thrus, the process for those in need of marijuana will become much simpler and hopefully help them improve their conditions.
Tilray, one of the biggest cannabis companies in the world, a leader in research, cultivation, production and distribution has expanded and opened its first European campus in Cantanhede, Portugal.
Tilray has invested around 20 million euros in the campus that currently stretches 250 000 square-feet with the possibility for even more expansion. The campus has hired over 100 employees and hopes to produce around 60 tons of cannabis.
Right now cannabis is legal for certain illnesses in Portugal but the campus’ main market will be that of Germany. In Europe the cannabis market has enormous potential and is slowly opening its floodgates. Germany as well as Ireland and Italy have legalized marijuana for therapeutic use while other European countries like Spain have legalized it on a prescription base. Other European countries are looking into legalizing cannabis for medical and/or recreational use which could lead to an explosion in the market in the coming years.
A peaceful protest for marijuana legalization on the 20th of April in the streets of Taipei had around 300 attendees. The goal of the protest and the coming events will be to initially try to convince legislators that the drug be regulated as medication rather than a drug. Presently, marijuana possession can lead to up to three years in prison. The group organizing the protests, Green Sensation, plans on many more events in the next year. They hope that these protests will lead to conversation on the current government’s position and hope to approach legislators by the end of 2020.
East Asia is traditionally very conservative on its stance on marijuana which is why most are skeptical of the impact these events will have. A small glimmer of hope for protestors comes from the Thailand where the government agreed to allow the medical use of marijuana in December.
Sources: Voice of America
There are more than 40 countries worldwide that have legalized marijuana in some way or another. In June 2017, Mexico became one of them by legalizing medical marijuana. Considering the drug cartels across the country, legalizing marijuana is a big feat for growth in safety in the country.
From May to October the senate has a recess where most hope a plan for recreational legalization will be hashed out. The assumption of this is because whenever the Supreme Court votes in favour of an issue, the Senate is theoretically supposed to follow suit. The Supreme Court has ruled that the ban on recreational marijuana is unconstitutional no less than five times since 2015. Considering the Supreme Court’s stance as well as the general public’s, where 80% of the population is in favour of widespread legalization, and the October deadline the supreme court has imposed to develop a regulatory plan for cannabis, we could see, potentially, see the biggest recreational marijuana market open.
Legalization in Mexico would make it the largest recreational market in the world and would dwarf the Canadian cannabis market. This could make the marijuana market explode and reach even bigger proportions not only in Mexico but across the globe as the country fights its way out of cartel violence to create a stable market for the drug and lead to other countries to follow.
Source: Yahoo Finance