Global Ganja Report

At the annual Vienna meeting of the Commission on Narcotic Drugs, the governing body of the UN Office on Drugs & Crime (UNODC) voted Dec. 2 to strike cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs, the global treaty regulating drug control policy.

The global cannabis economy is now reaching Oceania, with commercial cultivation underway in Australia, a legalization referendum coming up in New Zealand, and legal barriers starting to come down in the Pacific Islands. 

Over the past two years, the Latin American cannabis industry has "emerged from the shadows" to command the attention of international firms and investors. Legal cannabis sales within the region are on track to reach $125 million in 2018—but that figure is expected to rise to $12.7 billion by 2028.

A British Columbia firm which is one of Canada's leading licensed producers of medical marijuana has entered a partnership with the national subsidiary of Sandoz, a global leader in the pharmaceutical industry. The deal is being hailed as a milestone that signals the arrival of cannabis in the corporate economy.

Oakland-based cannabis industry research firm ArcView Group has released a new study, ambitiously entitled "The Road Map to a $57 Billion Worldwide Market." It provides a sweeping overview of recent progress and future prospects for legal or medical herb across the globe. But it also warns that, due to continued legal restrictions and bureaucratic overstretch, the market is in most areas bottlenecked from achieving its potential.

A United Nations study brings back the surprise finding that the world's biggest producer of legal cannabis is Great Britain. The answer to this seeming anomaly lies in one UK-based multinational corporation with industrial-scale grow operations for production of pharmaceuticals.

An unprecedented—and completely unexpected—campaign for medical marijuana in Peru has been paradoxically sparked by a police raid on a collective n Lima last month. What local media accounts luridly called a "clandestine laboratory" in the capital's San Miguel district was busted by National Police in the pre-dawn hours of Feb. 8, and five kilos of cannabis confiscated along with equipment. Turns out it was the hash-oil facility of a collective known as Buscando Esperanza (Seeking Hope)—made up mostly of mothers who were producing the oil for their offspring suffering from cancer, multiple sclerosis, epilepsy and the like. One of the moms, Ana Álvarez, has now emerged as Peru's national voice of medical marijuana.

Cheers broke out in the public gallery July 7 as Chile's lower-house Chamber of Deputies voted 68-to-39 with five abstentions to decriminalize cannabis—including a provision for cultivation. The reform of the country's anti-drug statute, Law 20.000, would "depenalize" the possession of up to 10 grams (0.35 ounce) and the growing of up to six plants. The bill makes reference to recreational, medical and spiritual use of the herb. To become law, it still has to be studied by a health committee before the Chamber of Deputies votes again on each specific provision. It will next pass to the senate, and then to the desk of President Michelle Bachelet, who is expected to approve it.