Franchise Global Health

10/26/2022

Franchise Global Health inc. (TSXV: $FGH) (FRA: WV4A) is pleased to announce the signing of a definitive agreement with Flora Growth for the acquisition of Franchise Global Health.

08/30/2022

Franchise Global Health Inc. (TSXV: FGH) (FRA: WV4A) is pleased to announce its results for the second quarter of 2022.

Highlights Include:

- Revenues of $13.5 million, an increase of $13.1 million from Q2 2021.
- Gross profit of $1.0 million, an increase of $0.8 million from Q2 2021.
- The Company's German reportable segment achieved net income of $0.1 million.

Follow this link to read the full release: https://bit.ly/3CEyl1z

08/19/2022

“It was pleasant, I have to say. It brings back pleasant memories”

The German government coalition has indicated one of its many priorities is the legalization of cannabis for adult use.

08/05/2022

The dominoes keep falling! With the Swiss now onboard, who will be next?

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The Swiss government has joined other European countries in fully legalizing medical cannabis for domestic use and export.

07/21/2022

Federal ma*****na legalization is finally on the way!

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A much-anticipated U.S. Senate bill to federally legalize ma*****na and promote social equity has finally been introduced. Just over a year after first unveiling a draft version of the cannabis reform legislation, Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyd...

07/19/2022

Top officials from Germany, Luxembourg, Malta and the Netherlands held a historic meeting last week to discuss plans and challenges associated with recreational ma*****na legalization as a growing number of nations across Europe pursue reform.

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Top officials from Germany, Luxembourg, Malta and the Netherlands held a historic meeting last week to discuss plans and challenges associated with recreational ma*****na legalization as a growing number of nations across Europe pursue reform. This is the first in what’s expected to be a series of...

07/13/2022

Germany's consultation process for informing adult use legislation concluded on June 30. Drug commissioner Burkhard Blienert said on the final day of the consultation that the process produced “exactly the valuable input” he had hoped for.

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The country is on track to legalize and regulate cannabis consumption and sales for adults. A public consultation throughout June was the first big step.

07/11/2022

The German legalization agenda is ambitious, holistic and expansive, not merely touching upon medical access and CBD, but embracing full recreational legalization, practically making Germany the biggest legal cannabis market on the planet.

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As the first cracks appear in the pan-European prohibitionary…

07/05/2022

Germany is on the path to legalizing recreational ma*****na use. Safety and public health will be top priorities in the upcoming legislation, the health minister has said.

Germany's three-party coalition government of the Social Democrats (SPD), the Greens and the Free Democrats (FDP) has been on board with cannabis legalization and committed to the "controlled distribution of cannabis to adults for consumption" in its coalition agreement.

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Germany is on the path to legalizing recreational ma*****na use. Safety and public health will be top priorities in the upcoming legislation, the health minister has said.

07/04/2022

“We’re in a bear market economically, but European cannabis is a bull, and it’s only getting started. Europe is still yet to significantly scale, valuations are still very attractive for international investors."

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CANNABIS Europa London 2022 opened its doors to over 1200 delegates from over 30 countries yesterday morning at London’s Old Billingsgate, bringing together the leading voices in European cannabis for the first of two days of insight and debate. CEO and Co-Founder of Prohibition Partners Stephen M...

07/03/2022

Germany’s move to legalize cannabis is expected to create ‘domino effect’ as legalizing cannabis for recreational use puts pressure on neighboring European states to follow Germany’s lead.

The country stands to reap significant economic benefits: with an estimated annual domestic demand of 400 tonnes of cannabis, the Düsseldorf Institute for Competition Economics predicts Germany stands to gain about €4.7bn (£4bn) a year through additional tax intakes as well as cost savings from no longer prosecuting those who enjoy a spliff or two.

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Coalition government consults health experts, economists and growers in race to clear legal hurdles within two years

06/27/2022

German Commissioner for Addiction and Drug Issues Burkhard Blienert officially announced on June 13 the kickoff of the first of five expert hearings to prepare for the planned legislative process to legalize recreational cannabis.

Although lawmakers are expected to introduce a draft bill on recreational cannabis legalization by the end of this year, we can already catch a glimpse of what it could look like in Germany.

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Germany has officially announced the kickoff of the planned legislative process to legalize recreational cannabis.