The future of medical hemp

As the CBD sector expands, Investment is flowing all over the world.
Get the insights from leading stakeholders.
The opportunities.
“There is a lot of money on the table”
The challenges.
“The novel food regulation is the biggest roadblock
right now!”

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Cannabis News Network is a news journal which publishes only cannabis related news.

Corruption frustrates hemp producers in Portugal

Since medical Cannabis companies have been heavily favored by the Portuguese government, it is possible that they managed to influence the bureaucracy to blockage hemp. This is not such an unreasonable assumption when considering that Ângelo Correia, co-founder of the PSD and ex-Minister of internal affairs has 40% shares of @TerraVerde (a medical Cannabis company from Israel) (Source dn.pt) or Jaime Gama, former president of the General Assembly is consultant to @Tilray Portugal, a branch of a Canadian medical Cannabis company (Source: publico.pt). What would be the reason of connecting such ‘advocates’ with political connections to your business if not for those reasons? And given Portugal’s current state of affairs when it comes to corruption, the idea might not be too far fetched. The Portugal Corruption Report of GAN – an anti-corruption organisation) states:
“While the country has made significant progress in the past decade, recurring corruption scandals involving high-level politicians, local administrators, and businesses abusing public funds have revealed that safeguards to counter corruption, and abuses of power have been somewhat inefficient in Portugal.” (Source ganintegrity.com)

But why should medical Cannabis industries have an interest in blocking industrial hemp? The explanation is simple. Conditions for the plant are good in Portugal, if not to say excellent. The medical Cannabis companies want to make as much money as possible by saving operation cost. The cheapest way to grow is in the field, outdoors. Why is that a problem with industrial hemp around? Because the industrial hemp could pollinate the medical crops, causing seeds to appear in their feminized crops, costing them money. Of course the problem could be solved by growing in greenhouses with appropriate filters. This way hemp and medical Cannabis could coexist peacefully. Obviously it would be cheaper to pull some strings in the back.

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EIHA16, A man with a vision, Ben Dronkers

Ben Dronkers, a pioneer, a visionary founder of HempFlax and cofounder of the EIHA, was also present at the EIHA16 convention.
What worries Dronkers is that the activists and the people who have worked with cannabis for decades prior to legalization are being left or even pushed out of the legal industry. Dronkers: “I really believe that cannabis is a medicine, it’s a beautiful plant, it’s food, it should grow in every garden. You should be able to grow your own medicine. If you have a plant in your garden, the stock market and the big companies can do what they want. I still believe in the soul, in the spirit of cannabis and that it should be for everybody. It should be totally legal.”
Cannabis News Network is a news journal which publishes only cannabis related news.

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EIHA16, hemp, so what about the regulatory framework?

At the EIHA6 much was spoken about the difference between the regulatory framework in the EU compared with Canada, the USA and other countries. The EU is lacking behind!

Cannabis News Network is a news journal which publishes only cannabis related news.

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EIHA16, Hempflax celebrates its 25th anniversary and investors boosting the industry

Europe’s oldest hemp company HempFlax, looked back at 25 years of innovation and announced it will go public the end of this year. And more is happening in the hemp market these days.
Aurora recently bought Lithuanian company AgroPro, Europe’s biggest producer, processor, and supplier of hemp and hemp products and its sister company Borela.
Cannabis News Network is a news journal which publishes only cannabis related news.

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EIHA16, hemp, It’s a fine line between legal and illegal trade.

For now, the CBD market is “a global Wild West, a Goldrush, you name it”, in the words of Valentina Vaguengueim of the Canadian consultancy firm Cannabis Compliance Inc. This means opportunities for companies and farmers, but also risks. What if you want to cross boundaries with your products?

Cannabis News Network is a news journal which publishes only cannabis related news.

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EIHA16, hemp and novel food

The Novel Food classification of concentrated CBD that the EU published in January 2019 has only added to the confusion and uncertainty. The EIHA is actively lobbying to get the Novel Food classification off the table or at least keep CBD products on the shelves during the registration process. Earlier this year, the EIHA published extensive evidence contradicting the EU’s claim that hemp foods and hemp extracts -including CBD- were not available in Europe before 1997.

Cannabis News Network is a news journal which publishes only cannabis related news.

Find out more: http://www.cannabisnewsnetwork.com/

EIHA16, hemp, Innovation Award 2019

For the second time, the innovation award “Hemp Product of the Year” has been granted to the young, innovative hemp industry for finding suitable applications and markets for industrial hemp-based products.
With BioLite, Trifilon offers a green alternative to plastics. BioLite is a polypropylene reinforced with 30% hemp fibers. Hemp is one of the strongest natural fibers in the world, which makes BioLite products strong, light and durable. The use of hemp fibers in BioLite optimizes the material properties for many applications – the high-quality trolley case is just one example. This technology gives manufacturers the opportunity to make sensible use of renewable raw materials, and an excellent one is hemp. The new material is suitable for lightweight automotive construction and consumer goods. http://www.trifilon.com

Cannabis News Network is a news journal which publishes only cannabis related news.

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Newsbyte: Prosecutor wants 3 years jail for Belgium’s oldest cannabis social club Trekt Uw Plant

Belgium’s oldest cannabis social club “Trekt Uw Plant” is on trial for the third time. The club was founded in 2006 by the late Joep Oomen, one of Europe’s best-known cannabis activists.

21 members now face jail sentences up to three years and huge fines
While hundreds of cannabis social clubs flourish in Spain.
Belgium seems to want to destroy this pioneering, non-commercial .club. Chairwoman Els Vermeesch is optimistic about the outcome

The club has been fully acquitted twice before. The verdict is expected towards the end of June 2019.

Cannabis News Network is a news journal which publishes only cannabis-related news.

Find out more: http://www.cannabisnewsnetwork.com/