As the marijuana business grows globally, many stock watchers and research analysts are making predictions about where the most significant investment opportunities are.
With its low-THC and high-CBD products already on sale in Switzerland and France – and soon the UK – Swiss business CBD420 are keen to see clearer regulation around the supply of cannabis.
Visitors to Switzerland are usually attracted by the promise of picturesque chalets and mountain hikes. But now they could have another, more unlikely, reason to pay a visit: cannabis.
Entrepreneurs have high hopes for cannabis in Switzerland, where business has suddenly taken off in recent months, six years after the country legalized low-potency “marijuana-light”.
Zurich, Basel, Bern and Geneva have all agreed to launch pilot clubs
As of this week, the possession of up to 10 grams of marijuana is no longer a criminal offense in Switzerland. Instead, the Swiss have decriminalized the possession of small amounts of weed, replacing possible jail time and a criminal record with a maximum fine of $110. The new law went into effect Tuesday.
Cannabis smokers in Switzerland will soon be allowed to grow up to four marijuana plants each at home to stop them buying drugs on the black market.
Imprisoned cannabis farmer Bernard Rappaz has been on hunger strike for more than 80 days in protest at a prison sentence he considers too high.
Pastor David sought for Extradition by the USA for Mushroom Distribution
Number one of three stories about legal pot in Switzerland