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Author: Johnny Green

Fireside Chat With Jim Belushi At The 2023 International Cannabis Business Conference In Berlin

Jim Belushi is a man of many talents – actor, singer, comedian, dancer, and in recent years a legal cannabis farmer. See Jim Belushi at the recent International Cannabis Business Conference B2B event in Berlin in an intimate one-on-one discussion about his career, cannabis advocacy, and his current cannabis industry endeavors via Belushi’s Farm and its famous signature brands. Belushi also discussed his hit Discovery Channel cannabis reality show ‘Growing Belushi.’

We look forward to seeing you in Berlin in 2024, as well as at our upcoming science and technology event in Slovenia this September!

The NBA Made The Right Move By Dropping Cannabis Prohibition

In late June, after months of leaks in the media, the National Basketball Association (NBA) officially removed cannabis from its list of prohibited substances. The NBA had refrained from testing players for cannabis going back to 2020, however, with the new collective bargaining agreement signed into effect by both the league and the player’s union, cannabis prohibition in the NBA finally came to an end.

In addition to allowing players to consume cannabis when ‘off the clock,’ players will also be allowed to invest in the cannabis industry directly. It is no secret that active NBA players have already invested in the emerging legal cannabis industry, however, those investments were passive in nature, and players can now tout their investments publicly.

Under the old NBA testing guidelines, players that had more than 15 ng/mL of THC in their bodily fluids were subject to disciplinary action, including suspension from play, although not all players were treated fairly.

NBA players such as Clifford Robinson had league cannabis policies selectively enforced on them in order to ‘make an example out of them,’ presumably to further the league’s prohibition agenda.

While it is an amazing thing that the NBA finally got on the right side of history, I am sure that it’s a bittersweet moment for the players and their families who had to endure the harms of the league’s previous policy.

I was blessed to be friends with Clifford Robinson in the later years of his legendary life, and I saw firsthand the level of stigma that he still had to deal with well after he retired from the NBA, even while living in a state (Oregon) where cannabis was legal for adult use. No one should ever have to deal with such illogical nonsense, including professional athletes.

Fortunately, no other players’ careers will be negatively impacted by NBA cannabis prohibition, and ultimately, that is worthy of celebration. Cannabis is not harmful to athletes, nor is it capable of enhancing an athlete’s performance to such a degree that it warrants being labeled as a ‘performance-enhancing substance.’

Hopefully the NBA sees that the sky above NBA arenas is still intact, and realizes that it should never go back to its previous regressive cannabis policies.

What Is The Outlook For Core Cannabis Market Developments In Europe?

The European Union is a trade union with no borders. Nevertheless, cannabis regulation is a very domestic topic and markets still face different rules and regulations depending on their national regulatory framework.

What will the situation look like from a mid-term perspective? How many member states will have regulations for adult use cannabis? How far will the harmonization of joint market organization develop? Below is an embedded video of an insightful panel discussion that took place at the recent International Cannabis Business Conference’s Global Investment Forum in Berlin two weeks ago touching on those topics and many more. Panelists include:

We look forward to seeing you in Berlin in 2024, as well as at our upcoming science and technology event in Slovenia this September!

Global Drug Policy And The Fight For Worldwide Cannabis Reform

The global drug control policy landscape is shifting rapidly, with many countries and international organizations re-evaluating their approach to cannabis and other drugs. Yet, despite growing support for reform, significant challenges remain, including powerful opposition from entrenched interests and a lack of political will in some regions.

In the panel discussion in the embedded video below, experienced thought leaders explore the latest developments in global drug control policy and their implications for the cannabis industry. The panelists discuss the role of lobbying and advocacy in shaping policy reform, and how the cannabis industry can work with policymakers to advance a more rational and humane approach to drug policy. Panelists include:

    • Stephen Murphy – CEO and Co-Founder, Prohibition Partners (Moderator)
    • Aaron Smith – Co-Founder and Executive Director, National Cannabis Industry Association
    • Luna Stower – Chief Impact Officer, Ispire
    • Joe Rogoway – CEO and Managing Attorney, Rogoway Law Group

We look forward to seeing you in Berlin in 2024, as well as at our upcoming science and technology event in Slovenia this September!

The Evolution Of The German Cannabis Market

Germany is home to the largest economy on the European continent, and with the nation working to modernize its cannabis policies and regulations, it is trending toward becoming the largest legal cannabis market on the planet. The discussion in the video below, which was held at the 2023 International Cannabis Business Conference’s Global Investment Forum in Berlin, discusses the ongoing evolution of the legal German cannabis market. Panelists include:

We look forward to seeing you at Berlin 2024, as well as at our upcoming science and technology event in Slovenia this September!

Global Cannabis (THC+, THC-): How Did We Get Here?

As the global cannabis industry continues to emerge, there were some recent hiccups in the road internationally with valuations falling in North America and other challenges abroad. The discussion in the video below, which was held at the 2023 International Cannabis Business Conference in Berlin, addresses some of the ups and downs we’ve seen in the cannabis markets around the world, including markets for THC+ and THC- products. Panelists include:

    • David Traylor – Senior Managing Director, Golden Eagle Partners
    • Rob McEvoy – Consultant & Public Speaker to the Cannabis Space
    • Jamie Pearson – International Consultant, New Holland Group
    • Robert T. Hoban – Member, Co-Chair of the Cannabis Industry Group, & Member-in-Charge of the Clark Hill Denver Office

We look forward to seeing you at Berlin 2024, as well as at our upcoming science and technology event in Slovenia this September!

Germany Releases More Cannabis Legalization Details

Germany’s long-awaited cannabis legalization measure is expected to be formally submitted to the cabinet next month, however, new details about the current version of the adult-use legalization measure were recently unveiled, providing further insight into what cannabis policy observers inside and outside of Germany can expect from the European nation’s cannabis policy modernization efforts.

For roughly the last two months an adult-use legalization measure has worked its way through the administrative review process in Germany, and many high-level details were released to the public via a press conference led by German Health Karl Lauterbach back in April.

The public learned in April that there would be a legal age set at 18 years old, that there would be a possession limit of 25 grams, and there would be a cultivation limit of 3 plants. Additionally, noncommercial cannabis clubs would be permitted as part of the proposal, and eventually, regional adult-use cannabis commerce pilot programs would be launched.

The new proposal seems to have evolved a bit, as recapped in a Twitter thread by VOC Nederland:

Noncommercial cannabis clubs cannot be located within 200 meters of a school, and the number of clubs will be capped at one club for every 6,000 residents according to the recently unveiled proposal.

Cannabis club permits will be valid for up to seven years, and members will be required to remain with the club they join for at least two months before they move their membership to a different club (members can only join one club at a time).

Provisions relating to regional adult-use cannabis commerce pilot programs, which will serve as the ‘second phase’ of German legalization, are expected to be released ‘in the second half of 2023.’

How Does Luxembourg’s Cannabis Law Compare To Germany’s Proposal?

Last week, Luxembourg’s Parliament approved a measure that legalizes cannabis possession and cultivation for adults. Unlike previous countries that have passed legalization measures (Uruguay, Canada, and Malta), Luxembourg’s legalization model does not include a commercial component, at least not initially.

Instead, what lawmakers passed by a 38-22 vote a handful of days ago removed criminal penalties for adults (18 and over) for the possession of up to 3 grams of cannabis and the cultivation of up to 4 plants in a private residence.

By global legalization standards, Luxembourg’s legalization model is clearly limited. Probably the best comparator out there is when the State of Vermont passed a legalization measure in the United States back in 2018.

Vermont, which was the first U.S. state to legalize cannabis via legislative action versus citizen initiative, initially only legalized the possession of up to one ounce of cannabis and the cultivation of up to two plants back in 2018. Commercial sales were still prohibited, although the law would eventually change to permit adult-use sales.

Compared to Uruguay and Canada, which both permit national adult-use sales and considerably greater possession limits, Luxembourg’s new law seems tame. The same is true when comparing Luxembourg’s model to Malta’s model. Malta previously held the time of the most-limited national legalization model with a possession limit of 7 grams and four plants, although Malta’s model at least provides for non-commercial cannabis clubs.

The big metaphorical elephant in the European continent cannabis policy room is, of course, Germany, where a legalization measure has worked its way through the process over the course of the last two years. A measure is expected to officially be submitted to the cabinet for consideration by mid-August.

Compared to what Luxembourg just passed, Germany’s legalization model as currently proposed would be considerably more robust being that it permits cannabis clubs. Below are some of the provisions being considered in Germany pertaining to cannabis clubs:

  • All club properties where cannabis is cultivated and/or stored have to be tightly secured
  • Every club has to have a ‘trained addiction and prevention officer’
  • Must comply with residue limits for pesticides and fertilizers
  • Must track cannabis from seed
  • Annual reporting of crop amounts, including cannabinoid percentage (THC and CBD)
  • Club members only
  • 50 grams per month limit for over 21 years old
  • 30 grams per month limit for 18-20 years old
  • THC percentage cap for 18-20 years old (ten percent THC)
  • Neutral packaging
  • Labeled with specific harvest information

Those provisions are in addition to personal possession (25 grams) and cultivation limits (3 plants), as well as the eventual launch of regional adult-use cannabis commerce pilot programs.

Luxembourg’s new law is definitely better for personal consumers compared to outright prohibition but with such a low possession limit and no legal way to obtain cannabis beyond gifting or personal cultivation, problems are all but guaranteed to arise.

Under the new law, buying and possessing more than three grams of cannabis in Luxembourg is punishable by a prison sentence of up to six months. Even a novice cannabis cultivator can yield harvests that are far more than 3 grams per plant. At a four-plant cultivation limit, a 3-gram possession limit seems completely illogical.

Hopefully, now that some of the stigma has subsided, Luxembourg will work to improve its law, especially considering that legalization is looming large across the border with Germany. Luxembourg needs to do much better than the current law, otherwise, the nation will see just how large of an economic opportunity cost there really is once Germany legalizes and at the possible expense of some of its own citizens’ freedom.

International Cannabis Leaders Descend On Berlin

Global cannabis leaders are arriving in Berlin this week to attend the International Cannabis Business Conference. The events series’ flagship business-to-business (B2B) event is taking place on June 29th and 30th at the iconic Estrel Berlin Hotel.

In addition to the two-day B2B event, which is the largest of its type on the entire European continent, the International Cannabis Business Conference will also host a Global Investment Forum on June 27th at the Hotel Adlon Kempinski Berlin.

The International Cannabis Business Conference is the leading cannabis industry event series on the planet, with previous conferences occurring in several countries on multiple continents. The event series is owned and operated by cannabis advocates that believe in celebrating cannabis culture, in addition to providing world-class cannabis industry education and networking opportunities.

“We are extremely excited about this year’s conference in Berlin given how close Germany is to modernizing its cannabis policies. It is going to be extra special for our team to offer world-class cannabis industry and policy education, networking, and entertainment to attendees at such a historic time for Europe’s emerging cannabis industry,” says Alex Rogers, founder of the International Cannabis Business Conference.

It is becoming increasingly difficult to gain an edge on the competition in the emerging international cannabis industry, and it’s vital for people to get their idea, product, or service in front of the right people at the right time. With executives, entrepreneurs, investors, policymakers, and industry service providers converging from across the planet in Berlin this week, the B2B trade show event in Berlin is the perfect place for people to put their cannabis ideas on the global cannabis stage. Click here for a full list of B2B conference speakers.

Not all networking opportunities are created equal, and that is particularly true in the cannabis space. International Cannabis Business Conference events are attended by cannabis leaders from dozens of different countries, with the Berlin B2B event serving as the top international cannabis event of its type for 2023. Click here for the event’s full schedule and curriculum.

Cannabis industry opportunities that are popping up in Germany and on the European continent have tremendous profit potential, and the Global Investment Forum is the perfect place for entrepreneurs to try to secure capital to take their pursuits to the next level. It is also an unparalleled opportunity for investors to learn more about pre-vetted investment opportunities and for industry service providers to find reliable and high-end clients.

“We know how hard it is for quality investors to link up with vetted cannabis industry companies offering valuable investment opportunities,” Rogers stated. “That is why we are bringing the Global Investment Forum back to Berlin. It will be a prime networking opportunity for cannabis industry investors, entrepreneurs, and industry service providers alike.”

Sixty-one percent of polled Germans support the controlled sale of adult-use cannabis in licensed stores. It is estimated that legalizing cannabis sales for adult use in Germany would quickly create 27,000 new jobs. Additionally, Germany’s current legalization plan includes removing cannabis from the country’s narcotics law, which will have a significant impact on all sectors of the nation’s emerging cannabis industry.

Thousands of cannabis leaders from dozens of countries will be represented at the International Cannabis Business Conference in Berlin and that includes representatives from every sector of the industry as well as leading international cannabis policymakers and industry service providers. Attend the International Cannabis Business Conference in Berlin to take your industry pursuits to the next level.

A limited number of tickets are currently available. Secure your tickets now before the events sell out!