Global Ganja Report

You know the times they are a-changing when Forbes magazine runs a headline predicting that the international market for cannabis will hit $31.4 billion within the next four years. This projection is based on  a new report from the Brightfield Group, a cannabis market research firm based in Chicago. Currently, the global market is estimated to be worth $7.7 billion, but a compound annual growth rate of 60% is foreseen as countries around the world liberalize their marijuana laws.

The trial of a paralyzed man who was prosecuted by Swedish authorities for self-medicating with cannabis sparked debate over the right to cultivate medicinal herb in the Scandinavian nation. Now Sweden's Supreme Court has just ruled against the defendant, dealing a blow to the right to self-medicate.

Peru's President Pedro Pablo Kuczynski on Nov. 16 signed a bill to legalize the use of cannabis products and derivatives to treat medical conditions such as cancer and epilepsy. PPK, as he is popularly known, hailed the law as opening a new chapter in his country's approach to the herb. "Here we are breaking with a myth," he said, referring to marijuana's reputation as a dangerous drug. "Peru is turning several pages, moving toward modernity."

The wildfires devastating Northern California are obviously taking their toll on this year's cannabis harvest. And this in the critical countdown to legalization, which takes effect in Golden State in January. This even won coverage in the New York Times Oct. 13. The paper cited Hezekiah Allen, executive director of the California Growers Association, saying that at least seven cannabis farms had been destroyed, and that he expected the number to "increase significantly" as people return to their homes.

In California's far-north Siskiyou County, where last month supervisors voted to declare a "state of emergency" over illegal marijuana cultivation, the hardline Sheriff Jon Lopey has now appealed to US Attorney General Jeff Sessions for federal aid in his war on cannabis.

As Canada prepares to legalize cannabis next year, the country has seen several recent conferences and expositions on how industry and society will manage the transition. The latest, the Grow Up Conference and Expo, opens Oct. 6 at the Niagara Falls Scotiabank Convention Centre in Ontario, and will feature over 100 speakers from a variety of specialties, including doctors and lawyers—with a focus on cultivation.

The dilemma now faced by several US states concerning whether "medical marijuana" need include actual herbaceous cannabis is about to hit the South American nation of Peru. Law 982/2016 is advancing through the country's Congress, and is headed for an imminent floor vote. The push for the new law was launched after a police raid in Lima earlier this year on a collective known as Buscando Esperanza (Seeking Hope)—made up mostly of mothers who were producing cannabis oils for their offspring suffering from cancer, epilepsy and the like. The bill cleared the congressional Defense Committee, that concerned with internal security, in mid-September.

Following a favorable court ruling earlier this year, cannabis advocates and growers are making a big push for a legal industry in South Africa. A first regional industry meeting was held Sept. 20 at Cato Ridge outside the port city of Durban, bringing together producers under the banner of the Cannabis Development Council of South Africa.