THE ROUND UP | UK, EU AND LATAM NEWS – 29TH MAY 2020

UNITED KINGDOM
A British cannabis producer has been acquired by a US-based private equity fund in the largest European pot deal.

A new facility is to be established on the Isle of Wight with the aim of becoming a world-leading centre for the research and development of cannabis-based healthcare.

England’s medical cannabis market has barely gotten off the ground since launching about 19 months ago, with a two-tier system in which few patients access products through legal channels while most resort to illicit suppliers.

Lack Of CBD Safety Data Threatens Future Of Whole UK Industry. Steve Moore, Director at the Centre For Medicinal Cannabis, says the only way for the industry to proceed is to produce sufficient safety data to satisfy regulators.

EUROPEAN UNION
The CZECH government approved an amendment to the Act on Addictive Substances prepared by the Ministry of Health in cooperation with the State Institute for…

Euro consortium will submit consolidated Novel Food application. Stakeholders in the consortium, which is being organized as a limited liability company, EIHA projects GmbH, disagree…

PORTUGAL: Terrace Global enters into an equity line and profit-sharing agreement with The Flowr Corporation (TSXV: FLWR) with Terrace Global to fund the operations at…

France’s blanket ban on the marketing of all hemp-derived CBD products contradicts EU law on the free movement of goods, an adviser to the Court of Justice of the European Union said in a legal opinion on Thursday.

COLOMBIA
On Thursday, a Colombian-Canadian company announced that it will be the first to export cannabis seeds from Colombia to the United States. The feat corresponds to Avicanna Inc…

Florida hemp company Green Point Research has been granted a Colombian license for seed import, export, and commercialization supporting its international expansion.

HEALTH
Effects of THC/CBD oromucosal spray on spasticity-related symptoms in people with multiple sclerosis: results from a retrospective multicenter study. The approval of (THC)+(CBD) oromucosal spray (Sativex®) in…

Cannabis promising in reducing coronavirus infection: Alberta study. Cannabis extracts are showing potential in making people more resistant to the novel coronavirus, says an Alberta researcher leading a study.

REGENERATIVE FARMING

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