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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!

Cannabis Use Associated With Self-Reported Reductions In Anxiety Per Canadian Study

It is estimated that roughly 4% of the world’s population suffers from some level of anxiety, although, researchers do not know the actual number. The condition often goes undiagnosed for various reasons in certain parts of the globe, so it’s quite possible that the actual rate is much higher.

Anxiety involves intense, excessive, and persistent worry and fear about everyday situations. Physical symptoms can include a fast heart rate, rapid breathing, sweating, and fatigue.

Many of the pharmaceutical medications that are currently commonly prescribed to patients for anxiety involve a long list of possible side effects. Some cases of anxiety are so bad that pharmaceutical treatments don’t even work. Fortunately, CBD may be able to help in those cases. Below is more information about it via a news release from NORML:

Edmonton, Canada: Subjects report significant decreases in their anxiety levels following the inhalation of herbal cannabis, according to data published in the Journal of Cannabis Research.

Canadian researchers assessed the effects of cannabis inhalation on feelings of anxiety in 184 subjects over a four-year period. Study participants self-administered cannabis at home and reported symptom changes in real time on a mobile software application. Subjects consumed varieties of cannabis that were both THC and CBD-dominant.

Investigators reported: “Cannabis consumption resulted in a significant decrease in anxiety scores among both males and females (average efficacy of 50 percent) and efficacy was similar across the three cultivars.”

Authors reported greater efficacy among younger (under 40) subjects. Investigators also reported that female subjects typically required lesser doses to achieve similar anxiolytic effects. Study participants reported minimal side effects from cannabis.

The study’s investigators concluded: “Overall, cannabis was effective in relieving anxiety and well-tolerated at the doses consumed, independent of CBD and THC ratios. While one cultivar was not significantly more effective than the others, we did identify some gender and age differences in optimal dosing across the three cultivars. We suggest that the outlined THC:CBD ratios and optimal inhalations may be used as a starting point for patients and healthcare practitioners looking to use cannabis as an anxiolytic in order to mitigate the trial-and-error aspect of initiating medical cannabis treatments. Additionally, we recommend the above dataset be used as the foundation for future clinical trials to fully elucidate the efficacy of cannabis for the management of anxiety under more controlled conditions.”

The results of a 2021 US study using similar methods also reported that cannabis inhalation was nearly always associated with self-reported decreases in distress-related symptoms. Data published in June from the United Kingdom similarly reports that the use of cannabis products is associated with sustained improvements in patients diagnosed with generalized anxiety disorder.

Full text of the study, “Naturalistic examination of the anxiolytic effects of medical cannabis and associated gender and age differences in a Canadian cohort,” appears in the Journal of Cannabis Research.

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!

Ukrainian Health Ministry Backs Medical Cannabis Bill

In recent days the Ukrainian Health Ministry expressed its support for backing a medical cannabis bill originally proposed by Ukrainian President Volodymyr Zelenskyy. The recent endorsement from the nation’s Health Ministry provides a much-needed boost for Ukrainian medical cannabis policy modernization efforts, which have languished in recent years.

According to international reporting, Deputy Health Minister Ihor Kuzin announced support for President Zelenskyy’s plan to legalize cannabis-based medicines in some instances late last week.

“The health ministry supports this legislative initiative. Drugs in healthcare are used to treat chronic pain … A large number of countries have already made changes in their legislation. They have recognized it and use it for treatment purposes,” Kuzin stated according to UrduPoint Network (translated to English).

President Zelenskyy pledged to reform Ukraine’s medical cannabis policies during his 2019 presidential campaign, although a measure failed to gain enough votes in 2021. The Ukrainian cabinet later endorsed President Zelenskyy’s effort to permit cannabis cultivation for medical use and scientific research purposes in June 2022.

What the Ukrainian cabinet approved was a draft law, and in order for the measure to be officially adopted it will still require approval by Ukraine’s Parliament. Roughly two weeks ago, President Zelenskyy made an additional call to action.

“In particular, we must finally fairly legalize cannabis-based medicines for all those who need them, with appropriate scientific research and controlled Ukrainian production,” Zelenskyy said, as Ukrainska Pravda first reported.

A growing number of countries around the world are modernizing their cannabis policies, with medical cannabis reform being particularly widespread now. Compared to other nations with medical cannabis programs in operation, what is being proposed in Ukraine is fairly limited.

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!

Women Report Using Cannabis To Mitigate Symptoms Of Menopause Per Canadian Study

A natural part of biological aging for every woman involves experiencing menopause. Most women experience menopause when they are between the ages of 45 and 55 years old. The menopausal transition is typically gradual.

For many years women have turned to the cannabis plant for relief for all types of conditions, including dealing with menopause. A recent study in Canada examined the reported frequency of use by middle-aged women experiencing menopause. Below is more information about it via a news release from NORML:

Edmonton, Canada: Canadian women frequently report consuming cannabis products to ease symptoms related to menopause, according to survey data published in the journal BMJ Open.

Investigators affiliated with the University of Alberta surveyed cannabis use trends in a cohort of nearly 1,500 women aged 35 or older.

Among those respondents who reported being current cannabis users, many indicated that they consumed marijuana products to improve menopause-related symptoms, such as joint achiness and sleep disturbances. Most women said that they had not discussed their use with their health care providers.

“Our survey established that women are using cannabis for symptoms during the menopause transition,” authors concluded. “Information about cannabis was more frequently accessed through online searches and personal contacts, with limited involvement of healthcare providers. … In general, many women in our survey reported cannabis was helpful for their symptoms. … Further research is required to investigate the efficacy and safety of cannabis on menopause symptoms and foster the development of clinical resources for women to use in making informed decisions around cannabis for medical purposes.”

The findings are consistent with those of prior surveys from the United States estimating that nearly 30 percent of middle-aged women who use cannabis do so to mitigate menopause-related symptoms.

Full text of the study, “Cannabis use for menopause in women aged 35 and over: A cross-sectional survey on usage patterns and perceptions in Alberta, Canada,” appears in BMJ Open.

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!