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The Cannabis Liberalisation Landslide continues as Italy opens its doors to Medical Cannabis

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Following the widespread acceptance of medical cannabis and CBD-based products in European countries, the regional government of Pescara in Italy has approved a new regulation for cannabis for therapeutic use. The attention of cannabis companies is shifting from the crowded North-American sector towards Europe. One such company is World High Life Plc (NEX:LIFE), which plans to become one of the main players in the European cannabis industry.

The regional government of Pescara, on the proposal of Councillor Nicoletta Verì, approved a resolution regulating the prescription and dispensing of medical preparations based on cannabinoids, which can be prescribed in pain therapy as a symptomatic support to standard treatments. The resolution amends and supplements the provisions of the previous commissioner’s decree of 2016. The measure not only transposes the new regulations that have been introduced in this area in recent years, but above all, regulates the application of the rules in all of Abruzzi, which until now had often adopted diverging management methods.

Following the adoption of the resolution, cannabinoid medicinal products for therapeutic use may be prescribed both by specialists of the regional health service operating in authorized centers, and by general practitioners on the basis of a therapeutic plan drawn up by a specialist doctor. The renewal of the prescription will be subject to a positive evaluation of effectiveness and safety by the prescribing physician, based on the individual variability of the response to treatment.

In the case of inpatient treatment, the hospital pharmacy is required to provide the preparations. Meanwhile, in the case of home therapy for the indications to be borne by the regional health service, the patient (who must always be provided with a medical prescription and a therapeutic plan) may apply to the hospital pharmacy of his local health authority.

Finally, for home therapy not covered by the regional health service, patients who have prescriptions may decide to obtain the drug directly from a pharmacy of their choice.

World High Life eyes promising investment opportunities in the European cannabis market

The untapped potential of Europe, the new frontier market, has attracted experienced cannabis companies that want to take advantage of these rich new opportunities. One such company is World High Life Plc (NEX:LIFE), which can leverage the experience achieved on the North-American cannabis markets and gain momentum in the fast-developing European sector.

World High Life is aiming to set itself at the forefront of the European cannabis industry, and has already made steady steps in that direction, by acquiring UK’s leading CBD company, Love Hemp Ltd.

WHL plans to expand its foothold by acquiring the most promising cannabis companies in the UK and other European countries that have a favorable legal framework towards medical cannabis, CBD and hemp-based products.

By utilizing the experience accumulated on the North American cannabis market, the UK-based investment company World High Life is laying the foundations of an empire.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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Meet the Team: The Experts Driving Phoenix Capital Group’s Vision

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A popular saying in business is that behind every successful company stands a skilled and dedicated team of professionals working every day to achieve more. That’s the case at Phoenix Capital Group Holdings, LLC, where experts drive the company’s vision to new heights.

Thanks to the hard work and dedication of its exceptional team, Phoenix Capital Group consistently strives to deliver value and high-quality returns to individual landowners and investors in the oil and gas industry.

Here are a few of the experts leading the charge at Phoenix Capital Group.

Adam Ferrari, Chief Executive Officer

Adam Ferrari, the son of co-founders Daniel and Charlene Ferrari, serves as the CEO of Phoenix Capital Group. With nearly 20 years of experience in the oil and gas industry, Adam has been instrumental in leading the company and focusing on key initiatives that drive substantial growth.

Raised in a small farm town in Illinois, Adam learned the values of hard work, grit, and determination from an early age. He graduated magna cum laude from the University of Illinois at Urbana-Champaign with a degree in chemical engineering. Starting his career at BP in the Gulf of Mexico, Adam honed his engineering skills before moving through various leadership roles at the company and later transitioning to investment banking at Macquarie Capital.

Adam’s entrepreneurial spirit led him to found multiple oil and gas ventures throughout his career. Phoenix Capital Group is the culmination of his diverse experiences and his most significant project to date.

Adam is married to Brynn Ferrari, the CMO of Phoenix Capital Group. They have a young son and hope to expand their family in the future. Outside of work, Adam enjoys spending time with his family, exploring local cuisine with Brynn, and watching USC Trojans football.

Curtis Allen, Chief Financial Officer and Partner

Curtis Allen brings over 10 years of experience in financial services—with a strong emphasis on investment analysis—to his role as CFO and Partner at Phoenix Capital Group. A CPA, Curtis has a broad range of financial experience, from preparing private taxes to auditing billion-dollar defense contractors. He has managed investments for corporate and personal clients for over seven years and holds Series 7 and 66 licenses. He has also passed the CFA Level 1 exam.

At Phoenix Capital Group, Curtis oversees all finance and accounting functions, as well as various day-to-day operational tasks.

A family man, Curtis is married with two children. Outside of work, he enjoys outdoor activities such as playing beach volleyball with his wife and bicycling with his family.

Lindsey Wilson, Chief Operating Officer and Partner

Lindsey Wilson, COO and Partner, brings extensive practical experience to Phoenix Capital Group. She has led various diverse, multidisciplinary teams within the energy sector, and she prides herself on setting and achieving aggressive business goals while ensuring all employee needs are met.

A founding member of Phoenix Capital Group, Lindsey manages and oversees the company’s daily business operations. She works closely with all supervisors and department heads to support the day-to-day activities of all employees.

Lindsey began her career in the oil and gas industry in 2011 as a leasing agent in Fort Worth, Texas. This foundational experience served as a springboard, allowing her to transition into more advanced roles within the mineral and leasehold acquisition space.

Combining her practical oil and gas experience with skills gained in sales, marketing, and underwriting in the hospitality and banking sectors, Lindsey has successfully led Phoenix Capital Group’s multi-functional organization. She holds a BBA in Marketing from the University of Texas at Arlington.

Lindsey is married with a daughter. She enjoys spending time with her family and training for marathons.

The Entire Team at Phoenix Capital Group Contributes to Its Success

Adam, Curtis, and Lindsey have over 60 years of combined experience in the energy sector. They bring a diverse array of skills in software development, engineering, finance, and more to Phoenix Capital Group.

However, the company’s immense success would not be possible without the dedication, skills, and hard work of the entire team.

The large and diverse team at Phoenix Capital Group focuses on minerals, investments, operations, marketing, land, finance, technology, and more. Through their combined effort, they contribute to the company’s ongoing success and growth.

About Phoenix Capital Group

Founded in 2019, Phoenix Capital Group Holdings, LLC is a leading oil and gas mineral rights acquisition, investment firm, and operated working interest company dedicated to discovering untapped value on behalf of landowners across the United States. The family-owned company is a technology-led and client-centric focused organization dedicated to developing partnerships with its clients through property acquisitions and investment opportunities. With a team of experienced professionals with expertise in software development, engineering, and finance, Phoenix Capital Group boasts over 60 years of combined experience in the energy sector, focusing on capital deployment and asset management.

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