Every week, the editorial team brings you the best news on CBD, hemp and its derivatives.
Welcome to the Zeweed wellness mega-messe with today: Marijuana Moments, Nikkei Asia, Les Echos, MJBizDaily, Benzinga, Le Cannabiste and Elle.
USA: Louisiana decriminalizes cannabis consumption. Marijuana Moments
On May 10, the Louisiana House of Representatives approved a bill to decriminalize cannabis possession. Anticipating more permissive legislation to come, a bill to tax (future) recreational cannabis sales was also passed by the same House. The Marijuana Moments article is available here
USA: As cannabis legalization gains ground, Joe Biden remains reluctant to decriminalize. Les Echos
President Joe Biden opposes federal decriminalization of cannabis, at the risk of offending some Democrats. The Echos article is here
USA: This year, legal cannabis is expected to bring in $92 billion to the U.S. economy. MJBizDaily
Total U.S. cannabis sales in 2021 are expected to reach $92 billion, up more than 30% from last year. By 2025, it’s estimated at $160 billion. . The MJBizDaily article is available here.
Mexico: A few weeks away from legalization, the legal status of cannabis in Mexico is highly ambiguous. Benzinga
While Mexico is close to legalization, the legal status of cannabis in Mexico is highly uncertain. In an article available here, Benzinga takes stock.
Thaïland: The arrival of cannabis-flavored drinks confirms the country’s desire for legalization. Nikkei Asia
Cannabis-derived products are a hot commodity in Thailand, as evidenced by the craze for cannabis-flavored drinks sold in convenience stores and vending machines across the country. The Nikkei Asia article is available here
China: the Middle Kingdom nurtures its CBD economy. The Cannabist
While China has polluted a lot, it is now championing a number of green economies, including the CBD economy. The Cannabist podcast is available here
France: Addictologist Jean-Pierre Couteron advocates legalization. Elle
Joining the parliamentary information mission on cannabis use, renowned addict Jean-Pierre Courton calls for cannabis to be legalized in France, a position that does not sit well with a French government still bent on repression. The Elle article is available here
