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.
NYPD Cop in Hemp Bust Sued Yet Again for Falsely Arresting People; $10M Claim Filed by Brooklyn Brothers
Rodney Greenidge, an NYPD cop from the 75th precinct NYPD has been into the news for falsely arresting the owner of CBD company on the charges of trafficking marijuana. Due to this act, he has been sued by the two brothers for false arrest and hiding their paperwork to misled the district attorney. In addition to this, Rodney Greenidge has been accused of putting fake charges of marijuana trafficking against the owner, Roney Levey. It is not for the first time he has been into the news for such an act. Back in 2014, Rodney Greenidge had been involved in a similar case for which a lawsuit was filed against him.
Highlighting the rising corruption in the NYPD, Ronen Levy stated that he was falsely arrested by the officer Rodney Greenidge for the 75th precinct NYPD on 2nd November. In addition to this, he and his brother Oren Levey mentioned that the NYPD officer also hid their paperwork from the district attorney sent to him at that time. According to them, the officer registered an FIR on their 106lb of legal hemp and imposed charges of knowingly as well as willingly trafficking marijuana. However, the owner was not found guilty and all the charges against him were dismissed.
This is not the first case of a false arrest by Rodney Greenidge as he had a history of falsely arresting people by putting fake charges against them. And he had been sued in the past numerous times for falsely arresting people and tampering with evidence. For the other lawsuit against him in 2014, the city had to pay $15k. He has been serving in NYPD for 18 years and had been involved in numerous other false cases against people.
Hemp was legalized in the US with the passing of the 2018 Farm Bill and a number of the US states have also legalized Marijuana. Due to the increasing cases of marijuana, more news regarding police arrests has been surfacing from different parts of the US as police have been criminalizing its use by making senseless arrests. The recent case of confiscation of 106 pounds of legal industrial hemp enriched with CBD by the New York City police officers is one such example. After the confiscation, the NYPD police officer, Rodney Greenidge also posted photos about it on the official Twitter account of NYPD.
After seeing the post of NYPD on its Twitter handle, people reacted ferociously to this act of the officer, Rodney Greenidge and raised questions over the NYPD’s crackdown on cannabis, especially now that it is legal in a number of the US states. The owner of the company was released the following day with no bail and he expressed his displeasure by exposing the illicit act of the NYPD on the social media platform, Instagram.
The US government has removed CBD from the list of illegal drugs as long as it doesn’t have over 0.3 percent of THC. Due to this, more people are buying CBD products online for getting many health benefits. However, the New York penal law has not declared it legal to use and the state has been conducting a pilot program for the sale and distribution of hemp. Only through permission from the New York State Department of Agriculture and Markets. According to the released statement from NYPD, both the seller and the buyer didn’t have the required permissions for involving in the sale as well as the distribution of marijuana and they violated New York State law.
But no such charges have been proved against Roney Levey and he came out of the jail the following day of his arrest. And in order to prove his innocence, he along with his brother, Oren Levey has accused the NYPD officer, Rodney Greenidge for arresting him on false grounds. According to them, this incident ruined their reputations and threated their livelihood of selling CBD, the extract of hemp plants without an intoxicating effect on users. The Brookly brothers have also filed a $10M claim for their defamation and the expense they had to bear in terms of legal fees as well as the loss of the plants that cost them $40,000.
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