News Americas, NEW YORK, NY, Fri. July 21, 2023: Here are the cannabis headlines making marijuana news globally and in the Caribbean and Latin America this week in less than 60 seconds:
Model Gigi Hadid made global headlines this week after Cayman Marl Road reported that she was arrested and fined $1,000 for marijuana possession in the Cayman Islands. However, the supermodel was released and no conviction was recorded and she continued her vacation.
Multinational tobacco giant Philip Morris International is buying the Israeli cannabis tech firm Syqe Medical in a deal worth up to $650 million, according to the Israeli business newspaper Calcalist. Syqe’s chief product is a metered-dose pharmaceutical-grade inhaler that allows patients to measure an exact dose of medical cannabis.
The next time you go to see your favorite star or artist perform in New York State, will there be weed on the menu at the snack stand? If a new law passes, it is possible.
According to recent reports, New York is on the verge of allowing marijuana sales at concerts and festivals. If the laws are approved, New York would let people buy gummies and other edibles at such events, but smoking still won’t be allowed.
A new Canadian government initiative will see federal cannabis regulator Health Canada randomly buy and test legal cannabis products – as well as illegal marijuana sourced from law enforcement agencies – “for comparative analysis.”
Colombian medical cannabis cultivators are leading the shift to regenerative production. Colombia combines many advantages for efficient and cost-effective cannabis cultivation, such as low labor costs, agricultural expertise, favorable legal ground, excellent production conditions and the legalization of medical cannabis for export.
A new law legalizing the possession and personal cultivation of marijuana for adults in Luxembourg officially takes effect today, July 21st. The law will allow adults to possess up to three grams of cannabis and grow up to four plants in a secure location within their private residence.
Cannabis rights activists in Nepal took to the streets infront the US Embassy in Kathmandudemonstrate recently to demonstrate against the ban on trading and cultivation of cannabis in Nepal.
And one of the top performing cannabis stocks this week is MO, Altria Group, Inc.