Cannabis in review: Swiss cannabis goes to Amazon, new dispensaries pop up, problems in Uruguay
From out of Switzerland, licensed cannabis cultivation and distribution company Cannabis Suisse Corp. (OTC:CSUI) announced on Monday plans to expand its brand, including new plans to sell its products on Amazon. The company will develop a line of products that includes hemp oil, hemp protein, hemp gummies, and hemp hearts, all of which will have what the company claims are the appropriate licenses and certificates for sale on Amazon.
This announcement comes on the heels of another wherein the company promises to distribute cannabis and CBD products on uWeed from its retail and online stores. All of these moves are part of a larger plan to help the Swiss company make inroads into the US cannabis market.
"Amazon, is an important distribution outlet for us as we ramp up for expansion across multiple online retail platforms. Introducing a new line of hemp products paves the wave for additional products in the future," said Mr. Alain Parrik, COO & Director in a statement.
CBD products are currently banned on Amazon, but the company says they “respect that position” and understand that even though that is the case, they understand that hemp products are not.
New dispensaries for Harvest Health, MariMed
According to a report in Benzinga, cannabis industry staples Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF) and MariMed Inc. (OTCQX: MRMD) have each opened new dispensaries.
Harvest opened the new store in Phoenix, with company CEO Steve White saying in a statement that he’s happy to be operating in a “core market.” Meanwhile, MariMed will be operating its new location in Illinois, where issues have plagued the state as of late.
VP of Retail Operations Gorgi Naumovski was quoted as saying the new location would be responsible for "approximately 25 local jobs" and contribute to MariMed's "increasing revenue in Illinois's lucrative adult-use legal cannabis market," according to Benzinga.
Problems in Uruguay
Uruguay officials are blaming what they call an “administrative error” because cannabis that was supposed to be shipped from the country to Israel will no longer be happening. According to Marijuana Business Daily, the site viewed an email that stated that imports from Uruguay wouldn’t happen because “we have received a notice from the competent authority in Uruguay that they will not be able to issue export permits for medical cannabis according to our requirements.”
The site reports that the notice was sent incorrectly.
Deputy secretary of the Uruguayan presidency Rodrigo Ferres told MJBizDaily that the communication issue was “an unfortunate mistake that shouldn’t have happened and that doesn’t represent the Uruguayan government position, nor is it aligned with recently approved regulations to facilitate cannabis exports.”
He continued: “The government official (from the Uruguayan Ministry of Health) who sent that email to Israeli authorities did so without first seeking approval of the Uruguayan minister of health, who already authorized Fotmer export to Israel.”
Also, in the news
Weed farming appears to be destroying the planet. Euronews writes, “there has been little discussion around Britain’s carbon footprint in relation to its cannabis production.”
Leo Bridgewater, a veteran in New Jersey, is fighting for your cannabis rights. “Like a lot of people who got into this industry, either something happened to them or somebody they love,” said Bridgewater, 45, to NJ.com. “In my case, it had it played itself out through suicide with a few battle buddies of mine.”
“Shelf space in British Columbia’s privately and publicly owned recreational cannabis stores will soon be reserved to highlight products from Indigenous producers,” reports Marijuana Business Daily.