Cannabis Therapeutica

New record for Portugal : in 2021 cannabis exports increased by 600% compared to 2020 and for 2022 the forecasts are rosy. 

Today, therefore, in the European panorama together with France, the United Kingdom and Germany, there is a new protagonist of the five-pointed market. Here are all the details.

Portugal among the new protagonists of the European cannabis market

At the end of 2019, in an interview published on Observador.pt , Eurico Castro Alves, former president of Infarmed (Autoridade Nacional do Medicamento e Produtos de Saúde) had stated that, within a few years, cannabis would soon become one of the protagonists of the Portuguese GDP. A few years later we can say that the forecast has come true, and well in advance.

If in 2020 Portugal had sold 4.5 tons of cannabis produced in the country outside its national borders, in 2021 it reached the record figure of 30 tons of inflorescences , thus recording an increase of more than six times compared to the previous year. And the growth does not seem to stop. According to the latest data shared by Infarmed, in fact, in the first two months of 2022 alone, 10 tons of cannabis have already been exported , which anticipates another record year.

To make the fortune of the country, today one of the most promising territories in the European basin of the Mediterranean, the favorable climatic  conditions, particularly suitable for the production of this plant for medicinal purposes, and above all the regulations approved by the government in the last 20 years. In 2001 Portugal was in fact the first European state to decriminalize the use of all narcotic substances and in February 2019 the law authorizing the cultivation and export of cannabis came into force.

Also underlining the country’s potential is Olaf Van Tulder , executive director of Symtomax , a company based in Porto that is developing the largest cultivation site in Europe. “In Greece electricity is very expensive, in Italy there are businesses you don’t want to be involved with . Spain and Portugal are the best countries for growing, in greenhouses or outdoors ”.

Read more at    https://www.cannabisterapeutica.info/2022/05/13/portogallo-esportazioni-cannabis-aumentate-600/?mc_cid=3f4c09ec9a

The Lithuanian parliament’s Committee on Legal Affairs (TTK) has proposed to decriminalise the possession of small amounts of cannabis.

In November last year, the Lithuanian parliament voted against decriminalising the acquisition and possession of small amounts of all drugs. The amendments were initiated by the liberal Freedom Party, a partner in the ruling coalition.

Following the rejection of the draft, TTK was tasked with preparing a revised proposal.

The new amendments propose to introduce fines, instead of criminal liability, for the possession of small quantities of cannabis.

The revised draft bill is a compromise, according to the Freedom Party representatives.

“I see it as a political compromise. The task of TTK was to improve [the draft] and look for an option for which we would have a majority of votes,” said Morgana Danielė of the Freedom Party.

She said she will vote in favour of the draft bill, even though it does not address the problem of helping those “who use the most dangerous substances”.

https://www.lrt.lt/en/news-in-english/19/1698337/lithuanian-mps-propose-to-decriminalise-possession-of-cannabis?mc_cid=3f4c09ec9a

CBD Testers …

Isle of Man doesn’t get spoken of much because it’s a tiny little place. However, there are some pretty big plans underway in this tiny little place. If all goes to plan, Peel NRE will make Isle of Man the building site for a massive medical cannabis cultivation facility.

Will Isle of Man become the new cannabis cultivation center of the world? Hard to say just yet, but its size and location make it a great place for the UK to produce medical cannabis. We’re a news platform focusing on the emerging cannabis and psychedelics fields. Stay current by signing up for the THC Weekly Newsletter, and also put yourself in first place for deals on a collection of cannabis products from vapes and edibles, to smoking paraphernalia. We also offer deals on cannabinoid products like HHC-O, Delta 8, Delta 9 THC, Delta-10 THC, THCO, THCV, THCP, HHC. Head over to our “Best-of” lists to get these deals, and remember to enjoy responsibly!

Isle of Man cultivation facility

In February, 2022, the company Peel NRE, released an outline for a massive medical cannabis cultivation facility on the Isle of Man. This cultivation facility would be adjacent to a new research campus, also to be built in the Braddan area. The plans are only a proposal for now, and the company requested opinions from the public about its plans.

According to Chris Eves, the finance director for the project, the cultivation buildings will be atmospherically-controlled, and will produce highly potent cannabis specifically for the medical industry. He explained in terms of timing, that there was “never a better time to grow the industry than the post-pandemic era”. He went on to explain that there would be comprehensive security measures involved for both the research and cultivation facilities.

Isle of Man to Build £100 Million Cultivation Facility