The Hemp Club Weekly Saturday Round-Up 24.11.18

EUROPE

FALSE HOPE:  Medical cannabis in the UK. 

I agree with Stevens regarding the position that people wanting to use cannabis for their health now find themselves in, essentially forced to break the law as the new access to cannabis products process is overly cautious.  It is difficult to know if restricted access to cannabis products under this new policy is deliberate or accidental.  Either way it has given false hope to many people who may well be in need of hope as well as medicine, that seems cruel.”Full Article British Medical Journal

ICC adds Portuguese CBD License to EU portfolio

International Cannabis Corp. is pleased to announce it has entered into a definitive agreement to acquire 100 % of Enigma Unipessoal Lda (“Enigma”).  Enigma controls one of the first hemp licenses to be issued in Portugal, which permits the cultivation, processing and import/export of hemp-derived products. Enigma successfully harvested and extracted its first hemp crop in 2015, and has become a notable importer of proprietary hemp seeds. This licence authorizes International Cannabis to cultivate hemp on 400 acres of fertile agricultural land located in the Castelo Branco region of Portugal. Full Article

Cannabis would generate €3,300 M. annually to Spain

A UAB researcher argues that the regulation would yield high tax revenue and create some 92,000 jobs.  He admits that the current regulations of the European Union make it difficult for a State to follow in the footsteps of Canada, Uruguay and several regions of the USA. Full Article in Spanish!

The next green boom: investment opportunities?

Europe is at the center of a green boom due to the remarkable rise of legal cannabis. The region is now set to become the world’s largest legal cannabis market in ten years – representing an investment opportunity for European investors.  Estimated to be worth €116bn(1), the market is driven by demand dynamics across multiple sectors from medicinal applications to materials, and supported by rapidly diminishing regulatory barriers… Full Article

Greece eyes pot of gold as medicinal cannabis licensed

ATHENS (Reuters) – Greece on Monday issued the first licences to private companies for growing medicinal cannabis in the country, part of an attempt to tap a burgeoning market worth billions. Full Article

ICCI:  CBD producers are improving, Test results

[Prague, November 21, 2018] The International Cannabis and Cannabinoids Institute (ICCI) has performed the second independent test in the history of the quality of retail-available cannabinoid CBD (CBD – cannabidiol, a non-psychotropic substance in cannabis) concerning so-called CBD oils produced from technical cannabis. The results have proven the need for this independent testing (using methods accredited according to ISO 17025) and for greater public awareness.Full Article:

Malta Hosts First Medicinal Cannabis Forum

Malta is staking a claim to be the top European jurisdiction for medicinal cannabis research following a flurry of activity in recent weeks, capped off by the island’s first conference aimed at a global audience of investors, companies and international doctors.  The Medical Cannabis World Forum 2018 ran across November 20 and 21, featuring industry leaders, academics and researchers in the medical marijuana field, and even Malta’s Prime Minister, Joseph Muscat. Full Article:

LATAM

Organto Acquires Colombian Cannabis Company

VANCOUVER, Nov. 20, 2018 /CNW/ – Organto Foods Inc. (TSX-V: OGO, OTC: OGOFF) (‘Organto”).  Further to the press release of November 1st, 2018, Organto is pleased to report that it has completed the acquisition of 100% of the outstanding shares of Medicannabis S.A.S. (“Medicannabis“), a privately held Colombian medicinal cannabis company that is a late stage applicant for licenses to enable it to cultivate and process cannabis in Colombia.  Full Article

Aurora Cannabis Closes $290 Million LATAM  Acquisition

EDMONTON, Nov. 22, 2018 /PRNewswire/ – Aurora Cannabis Inc. (“Aurora” or “the Company”) (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P; WKN: A1C4WM) and ICC Labs Inc. (TSX-V: ICC) (“ICC”) are pleased to announce today the completion of the previously announced plan of arrangement (the “Arrangement”) pursuant to which Aurora has acquired all of the issued and outstanding common shares of ICC for $1.95 per share (payable in common shares of Aurora (the “Aurora Shares”)), reflecting an aggregate purchase price of approximately $290 million. Full Article

UNITED STATES

MJBizCon Hits Record number of participants

The yearly MJBizCon last Wednesday was again setting record numbers for participants and exhibitors, reflecting the cannabis business’ rocketing development and its bullish prospects after voters endorsed three new MJ markets worth up to $2 billion.  Somewhere in the region of 25,000 Cannabis industry experts, financial specialists and business visionaries attended the three-day gathering at the Las Vegas Convention Center. That is up from around 18,000 a year ago. MJBizTV – Marijuana Business Conference & Expo DAY 1

Charlotte’s Web Q3 Earnings Report on November 27

Boulder, CO-based Charlotte’s Web Inc (CSE: CWEB; OTCQX: CWBHF), a market leader in non-intoxicating, hemp-based CBD wellness products, will issue its Q3 results after close of trading on November 27, 2018. A conference call will occur the same day at 4:30 p.m. EST.  Charlotte’s Web is a market leader in the production and distribution of innovative hemp-based cannabidiol (CBD) wellness products. Industrial hemp products are non-intoxicating.  Full Article:

SOUTH AFRICA

ETHAN RUSSO in Johannesburg.  26.11.18 12:30-16:30  

Seminars by Steph Sherer, Dr. Ethan Russo and Dr. Pavel

Adherence to United Nation Treaties, Localized Treatments, and Export Capabilities Top Concerns  (JOHANNESBURG) The International Cannabis and Cannabinoid Institute (ICCI) is hosting a series of events for medical professionals, Southern Africa Development Community (SADC) regulators, and the future medical cannabis industry.  Following a series of requests for support and guidance, ICCI will be bringing global experts to Johannesburg to address concerns of policymakers and is opening up time with experts for medical professionals and those hoping to enter the medical cannabis industry in the region.  Endocannabinoid system modulations enabled by Medical Cannabis in new treatment methods accessible for local populations.“   Full Article

HEALTH AND WELLNESS

Whole Foods Market – Hemp in Top 10 Product for 2019

So what will be flying off the shelves in 2019? According to the experts, lots and lots of hemp.

“Hemp hearts, seeds and oils are nothing new to food and body care lovers—they’re in everything from waffle mix to dried pastas,” the company wrote. “But a new interest in the potential benefits stemming from other parts of hemp plants has many brands looking to explore the booming cannabis biz.” “It’s clear that hemp-derived products are going mainstream, if not by wide distribution, then by word of mouth!” Article

Laughter – The Overlooked Benefit Of Cannabis Use

So what is laughter physically doing to our bodies? Only good things. Respiration increases, raising the amount of oxygen in the blood. During laughter, heart rate and blood pressure increase (as during exercise) but after the physicality of laughing, which involves between thirty and forty muscles, blood pressure drops and a feeling of relaxation begins that can last for up to forty minutes.

Some studies have shown that laughing reduces the stress hormone cortisol, which is part of the ‘fight or flight’ response. This study states that, although there is still a lack of clinical trials on the therapeutic value of laughter, there are plenty of reported benefits “in geriatrics, oncology, critical care, psychiatry, rehabilitation, rheumatology, home care, palliative care, hospice care, terminal care, and general patient care”.

When we add the medicinal effects of cannabis to this impressive list, it’s clear that laughter and cannabis complement each other. We might not know exactly why cannabis makes us more prone to laugh, but we can certainly reap the benefits of this effect! Full Aticle:

Hemp fields offer a pollen source for stressed bees

Low-THC cannabis attracts a wide range of bee species collecting food for larvae.  “You walk through fields and you hear buzzing everywhere,” O’Brien said. He caught big bumblebees, tiny metallic-green sweat bees and many others clambering around in the abundant greenish-yellow pollen shed by the male flowers. Full Article

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