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MERKEL GETS RELIGION on the 500-year anniversary of Martin Luther’s Reformation project. Legalized marijuana in Germany now on the horizon.

Cannabis Consultant in Germany

Cenedella.DE

October 31, 2017

As many Americans start the day making plans for Halloween 2017, the folks here in Germany have the day off of work to celebrate the 500-year Anniversary of Martin Luther’s project to reform German society. Surprisingly, the newspapers today also announced Chancellor Angela Merkel’s intentions, along with her new coalition partners called the “Jamaican coalition” to consider legalizing marijuana.

Seems an unintended benefit of the AFD’s victories in the last elections, is the CDU ruling party is now more receptive to working with those with divergent views in order to maintain their leadership position.

Could this really be the start of the Reformation of the 20th century drug laws in Germany and beyond?

Has the work of the DHV in Berlin and their partners finally started to pay dividends?

Was the signing of the BERLIN PEACE ACCORDS http://www.berlinpeaceaccords.de , which begins with “We the people of the Year 2017 do…
Hereby declare that it is our inalienable basic human right to have the freedom to grow, medicate and enjoy the plant we call Cannabis, without any governmental limitations.
We demand our plant has no more regulations or limitations than a tomato plant…..” really have been the precursor to this historic moment?

Good questions, time will tell, but for sure our collective efforts as cannabis business executives are starting to pay dividends.

The month of October had started off with over 350 doctors, scientists, investors and industry professionals waking up in view of the massive Cologne Cathedral, which is truly an amazing sight to see in person! The International Association for Cannabinoid Medicines’ (IACM) CANNABINOID CONFERENCE was held in downtown Cologne bringing together experts from Canada, Australia, Germany, and from throughout the world. Their website is http://www.cannabis-med.org and three take-aways were:

The idea that “Marijuana has no medicinal value” was pretty much, fully debunked 😊

The breath and quantity of existing “clinical trials” on our plant is amazing.

Meeting Josh Stanley, whose company has arguably helped more medical marijuana patients than anyone, was a privilege. CW Hemp’s team continues to lead the industry in many ways,…and additionally they are simply very cool people.

Later in the month, the folks from the regulatory and compliance organization ASTM came to Berlin for a 2-day intensive session for their new “Technical Committee D37 on Cannabis” section. You know we are becoming a real industry when 2 days is spent talking only about compliance related issues. Half the group was from Germany, including executives from the first licensed marijuana testing facility located within Germany, scientists from the University of Berlin currently working on marijuana clinical trials, and a few of the leading homegrown companies on the front lines including ABCann Germany, MH Hemp, Pedanois, and two guys who reminded me of what a young Ed Rosenthal would be like. 😊

So as November 2017 begins, many of us will meet in Berlin this weekend for the first annual DHV Convention. Their website is https://hanfverband.de and they are unequivocally the leading organization for marijuana reform in Germany today. This convention will probably confirm these four truths of the marijuana landscape in Germany today:

Canadian firms are kicking butt!
They understand the requirement of GMP certification, their government is supportive of providing qualified companies an export license for their THC-based products, and their executives are damn smart.

German firms are coming of age, are intelligent and committed.
The first DHV convention will be highlighting the work of patient advocates, industry professionals, knowledgeable physicians and forward-looking politicians involved in building this new industry within the German borders.

The European, South American, African, Israeli and Australian firms are all actively making plans to succeed.
Governments, investors, and executives from throughout the world are looking at Germany and making their plans to enter the European market with its 750+ million potential customers. They are forming strategic partnerships, investing in commercial facilities, and making Europe a priority for 2018.

The USA is an abysmal no-show in the game.
America started the war on Marihuana last century, and somehow tries to keep the war alive today. Scientist, Stoners and Society have evolved quite a bit since the 1930s. The Germans have taken note, changed course in their direction, and their people will be better off as a result.

Maybe now it’s time for President Trump get religion and start his own Marijuana Reformation project?

– Philip J. Cenedella

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What Is Going On With Germany’s Cannabis Bid? By Marguerite Arnold

A number of setbacks, controversies and lawsuits keep the German cannabis market in limbo.

Germany is proceeding down the path to officially grow its own medical cannabis crops. Medical use became legal this year, along with a federal mandate for cheap access. That means that public health insurance companies, which cover 90% of Germans, are now firmly on the hook if not front line of the cannabis efficacy issue. As such, Germany’s medical market is potentially one of the most lucrative cannabis markets in the world, with a total dollar amount to at least challenge, if not rival, even California’s recreational market. Some say Canada’s too.

However, before “home grow” enthusiasts get too excited, this legislative move was an attempt to stymie everything but commercial, albeit medical production. Not to mention shut off the recreational discussion for at least another four years.

How successful that foray into legalization will be – especially given the chronic shortages now facing patients – are an open question. Not to mention other infrastructural issues – like doctor unfamiliarity with or resistance to prescribing cannabinoids. Or the public insurers’ so-far reluctance to cover it even though now federally mandated to do so.

Regardless, Germany decided to legalize medical use in 2017 and further to begin a sanctioned domestic cultivation for this market. The decision in the Bundestag to legalize the drug was unanimous. And the idea to follow UN regulations to establish this vertical is cautiously conservative but defendable. Very predictably German in other words.

Since then, however, the path has been far from smooth. Much less efficient.

Trouble in Germany’s Medical Cannabis Paradise
In April the government released its tender bid. And no matter how exciting it was to be in the middle of an industry who finally saw a crack of light, there were also clouds to this silver lining that promised early and frequent thunderstorms on the horizon.

By the time the tender bid application was due in June, it was already clear who the top firms were likely to be In fact, by the end of the ICBC conference, which held its first annual gathering in Berlin at the same time the bid tender was announced, the controversy was already bubbling. The requirements of the bid, for a laughably small amount of cannabis (2,000 kg), mandated experience producing high qualities of medical marijuana in a federally legitimate market. By definition that excluded all German hopefuls, and set up Canada and Holland as the only countries who could provide such experience, capital and backlog of crop as the growing gets started.

The grumbling from Germans started then.

However, so did an amazingly public race to gain access to the German market directly – by acquisition or capital expenditures that are not refundable easily (like real estate or even buyouts). The common theme? They were large amounts of money being spent, and made by major Canadian Licensed Producers who had the right qualifications to meet the standards of the bid. In fact, by the time the tender bid application was due in June, it was already clear who the top firms were likely to be. They were the only ones who qualified under the judging qualifications.

And while nobody would commit publicly, news of the final decision was expected by August. Several Canadian LPs even issued press releases stating that they were finalists in the bid. But still no news was forthcoming about the official list.

Delay, Delay and More Delay
A month later, as of September, and there was still no official pronouncement. Nor was anybody talking. BfArM, the regulatory agency that is supervising this rollout as well as the regulation of all narcotic drugs (sort of like a German version of the FDA) has been issuing non-statement statements since the late summer. Aurora, however, one of the top contenders for cultivation here, was quietly issued an ex-im license by both Canadian and German authorities. Publicly, this has been described as an effort to help stem the now chronic cannabis shortage facing patients who attempt to go through legitimate, prescribed channels. On the German side, intriguingly, this appears to be a provisional license. Privately, some wondered if this was the beginning of a backdoor approval process for the top scoring bid applicants for cultivation. Although why that might be remains unclear.

Whispered rumours by industry sources that wish to remain anonymous, have suggested that the entire bid is still hanging in jeopardy. Late in the month, rumours began to fly that there were now lawsuits against the bid process. Nobody had much detail. Not to mention specifics. But CannabisIndustryJournal can now confirm in fact that there have been two lawsuits (so far).

The summary of the complaints? It appears that two parties, filing with the “Bundeskartellamt” (or regulatory office focusing on monopolies and unfair business practices) did not think the bid process or scoring system was fair. And both parties also lost.

But as of mid-October, there is still no public decision on the bids. What gives?

Whispered rumours by industry sources that wish to remain anonymous, have suggested that the entire bid is still hanging in jeopardy. Even though the plaintiffs failed, some have suggested that the German government might force a complete redo. Others hint that it will likely be slightly revised to be more inclusive but the regulatory standards must remain. If a redo is in the cards, will the German government decide to increase the total amount of yearly cannabis to be delivered? At this point, it is only calling for 2,000 kg per year by 2019. And that, as everyone knows, is far too little for a market that is exploding no matter the many other obstacles, like insurance companies refusing to compensate patients.

What Is Behind The Continued Delays?
There are several theories circulating the higher levels of the cannabis industry internationally right now even if no one is willing to be quoted. The first is that the total number of successful applicants, including the recent litigants, will be slightly expanded, but stay more or less the same. There is a high standard here for the import of medical cannabis that the Germans intend on duplicating domestically.

The Comprehensive Economic Trade Agreement (CETA – the often controversial free trade alliance between Europe and Canada) is still in the final stages of approval.The second is that the German government will take its time on announcing the final winners and just open the doors to more imported product. This will not be popular with German insurers, who are on the hook to pay the difference. However with Tilray now on track to open a processing facility in Portugal and Canopy now aligned with Alcaliber in Spain, cross-continent import might be one option the government is also weighing as a stop-gap provision. Tilray, who publicly denied in the German press that they were participating in the cultivation license during the summer, just issued a press release in October announcing a national distribution deal to pharmacies with a German partner – for cannabis oil.

But then there is another possibility behind the delay. The government might also be waiting for another issue to resolve – one that has nothing to do with cannabis specifically, but in fact is now right in the middle of the discussion.

The Comprehensive Economic Trade Agreement (CETA – the often controversial free trade alliance between Europe and Canada) is still in the final stages of approval. In fact, on September 19, a prominent German politician, Sigmar Gabriel of the Social Democrats (SPD) made a major statement about his party’s willingness to support Germany’s backing of the deal. It might be in fact, that the German government, which is supportive of CETA, got spooked about the cannabis lawsuits as test trials against not cannabis legalization, but a threat to the treaty itself.

Quality control, namely pesticides when it comes to plant matter, and the right of companies to sue governments are two of the most controversial aspects of this trade deal. And both appear to have risen, like old bong smoke, right at the final leg of closing the cannabis cultivation bid.

Will cannabis be seen as a flagship test for the seaworthiness of CETA? On a very interesting level, that answer may be yes. And will CETA in turn create a different discussion about regulatory compliance in an industry that has been, from the beginning of this year, decidedly Canadian-Deutsch? That is also on the table. And of great concern to those who follow the regulatory issues inherent in all. Not to mention, of course, the industry itself.

Conclusions?
Right now, there are none to be had.

However at present, the German bid process is several months behind schedule as Canadian producers themselves face a new wrinkle at home – the regulation of the recreational crop in the provinces.

It is also clear that there are a lot of questions and not a whole lot of answers. Not to mention a timeline when the smoke will clear.

Marguerite Arnold
Founder
MedPayRx
Marguerite Arnold is an American expat now living in Germany. She has just recieved her EMBA from the Frankfurt School of Finance and Management. She has a 25 year background in both cannabis reform and technology. She has been covering the international marijuana industry as a journalist and author since 2014. She continues to cover developments in the industry as she launches her own cannabis-tech firm, a company called MedPayRx, which aspires to be the first insurance and banking solution for cannabis patients in the world.


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How cannabis patients despite the prescription are harassed by the police – by BENEDICT NIESSEN

How cannabis patients despite the prescription are harassed by the police

BENEDICT NIESSEN
Aug 25, 2017, 12:48 pm

Symbolfoto: imago Christian Mang

Anxious doctors, skimpy coffers, inexpensive grass, empty pharmacies. The medical cannabis legislation: a first gloomy conclusion.

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Glockenbachviertel in Munich, a sunny spring day in May. The 31 year old Christoph sits with two girlfriends on a meadow on the Isar. “Somehow I had to take my medication,” says Christoph. Its medications are joints. He has ADHD. A few minutes later four civilian policemen are standing around the group. “One of them immediately took the joint away and they began to search me,” recalls Christoph.

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He tells the policeman that in his left handbag he finds his prescription for cannabis . “After they finally looked at it, a policeman imprisoned me for prescription.” The policemen then search his companions. Christoph asks for the reason for the search. “One of the policemen just said, ‘Other junkies have knives and syringes.'” Then the policemen let him run. For Christopher, however, the case is not finished. He lodged a complaint “on the grounds of unlawful and disproportionate police action, damage to my property, and insult to my person by police officers 21”. The policeHas answered him that the Bavarian LKA is now checking whether the police have acted illegally, and whether Christoph is entitled to compensation. It is the normal normal madness for German patients, who since March cannabis can get by law as medicine.

This is how a prescription for medical cannabis looks (Photo: private)
Alone at the Barmer, the AOK and the Techniker Krankenkasse asked nearly 6,000 patients around cannabis on the prescription and a reimbursement, writes the star . Christoph has been using a cannabis recipe since April. “I am hyperactive and very sensitive to the sound,” he says. “During the day, I need the THC to be able to focus, but I’m tired in the afternoon because of my basic activity.” Unlike the current ADHD drug Ritalin – which Christoph took since his 13th year of age – cannabis has no side effects. The new cannabis law would actually help him – if he came to his medicine.

“Since I have my prescription, the varieties that my doctor has prescribed for me are not available,” says Christoph. “Since June there was nothing left, so I had to wait three weeks.” Substitutes such as the oral spray Sativex had been incorrectly dosed. Christoph earned his money as a software developer. “I have to go to work and can not be on such a downer means, where I run around in the afternoon like a zombie.”

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“The supply bottlenecks for physically prescribed cannabis exist nationwide and can theoretically occur in each of the approximately 20,000 pharmacies,” writes the German Association of German Pharmacists (ABDA) on demand from VICE. After all, “Some retailers will probably be available again from September.” German pharmacies are still ordering cannabis in the Netherlands and Canada until next year’s production is due to start. “For four or five weeks, we are witnessing the first big supply bottleneck, but there will probably be bottlenecks again in the future because demand is constantly increasing,” explains Deputy Managing Director of the German Hanfverband (DHV), Florian Rister. There are further problems with the bottlenecks.

Also with VICE: The cook, the grass keeps alive.

Since March 10, patients should be able to get cannabis – actually. “It is still unclear for the patients whether the health insurance funds pay because the law was so spongy,” says Rister of the hemp association. Because there is no exact definition of disease images, the cash desks themselves can decide whether to pay or not. Barmer, AOK and Techniker Krankenkasse, according to their own data, granted only about half of the nearly 6,000 applications.

Another problem: since the law change, the prices of medicinal cannabis blossoms have doubled . This price explosion included, among other things, the fact that cannabis has to be labeled as a prescription drug and not as a finished drug , and pharmacies can make a 100 percent purchase price. “The prices are currently 24 euros per gram for private individuals, who have to pay themselves. For the coffers, such a price explosion is also a burden,” says Rister. The high prices also deter the doctors. “While many doctors have never been involved in cannabis, other people are afraid to break their practice budgets with these high costs and to be reconsidered .”

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Because many patients do not find a doctor, one of the leading German specialists for cannabis has been in hunger for a week . Dr. Franjo Grotenhermen wants to draw attention to the criminalization of cannabis patients. “The law is a great step in the right direction, but many patients still have to provide their medicine illegally,” says Grotenhermen to VICE. He calls for a change of law. “The prosecution of patients who have a doctor certified the need for a therapy with cannabis must be terminated.”

Christoph, despite the bottlenecks in pharmacies, has not yet returned to a dealer on the road. He was lucky and managed to get last doses of cannabis blossoms at pharmacies in Munich. Even if his health insurance does not pay his ten prescribed daily dues. Christoph, however, also knows of patients who had to get their medicine different because of the bottlenecks. If they are caught, they are threatened with an advertisement. At the Deutscher Hanfverband, other patients who, like Christoph, were searched or arrested by the police, despite a prescription for cannabis use. “Personal injury, house searches, insults” are the accusations against the officials in at least four cases, which the DHV Munich collected so far.

Icon image: Christoph is not the only cannabis patient who is criminalized by the police (Photo: imago | IPON)
In an open letter to the Minister of Health and the Drug Commissioner, The Left Party already drew attention at the beginning of June to pimpling coffers and the price explosions for cannabis blossoms. The federal government stated in a reply that it had requested a report to the top association of statutory health insurance (GKV). However, because the Federal Government did not set any time limits, the problems could be protracted. “The government needs to cut prices by law in the interests of patients,” the Frank-Tempel drug spokesman said on the website of his party , “We need short-term solutions and can not wait any longer.”

Just a week ago, the Federal Government’s Drug Commissioner, Marlene Mortler (CSU), published the sobering drug and addiction report 2017 . In it, the passionate grass-adversary warned against a trivialization of cannabis and demanded an active anti-cannabis policy in the federation. Specialist Franjo Grotenhermen says he would like to talk with Mortler about the dangers. “I would like to invite her, but she would never accept anything like this.” Mrs. Mortler would look embarrassed if she would talk to me because she can not do anything but “Drugs are dangerous.” He does not believe in a quick solution. “At the moment I am simply desperate and try to draw attention to the failures with this hunger strike.”

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Christoph also hopes for change. Since the incident with the police, he is careful, he says. “I was pretty done now, I’m always watching where I can take my medication every day.” After all, ten doses a day – ten joints – were prescribed for him. “Should I hide, so that I may be well? That is not the point.” Yet he believes in the law. “I would be glad if it finally helped us,” he says. “I just hope I get the right drugs soon, pay my health insurance and I do not have to be afraid of the police.”
https://www.vice.com/de/article/j55bgb/wie-cannabis-patienten-trotz-rezept-von-der-polizei-schikaniert-werden?utm_medium=link&utm_source=vicefbde
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The chairman of the German Association for Cannabis as Medicine Dr. Franjo Grotenherman, has entered an “indefinite” hunger strike until Germany “decriminalize all citizens who need cannabis to treat their serious diseases.”

On August 17, 2017, I entered an indefinite hunger strike. The objective of refusing to accept any food is to decriminalize all citizens who need cannabis to treat their serious diseases.

On March 10, 2017, a much-debated law on cannabis as a medicine went into effect in Germany. It was the declared aim of the legislature to allow all patients who need a therapy with cannabis medicines to do so. The law, however, proves itself in practice as bureaucratic. Therefore, a treatment with cannabis and cannabinoids is unattractive for doctors who in principle support such therapy. Many patients do not find a doctor who allows them legal access to the needed treatment.

The legislator has taken a great step into the right direction. However, many patients are still dependent on a still as illegal regarded treatment. They face criminal sanctions. This is no longer acceptable. Therefore a basic clarification in the narcotics law must be established. The prosecution of patients to whom a doctor has certified the need for a therapy with cannabis must end.

Already today, the German Narcotics Law allows prosecutors to stop a criminal case in the case of a „minor debt“. This possibility is mainly applied in cases of possession of small amounts of cannabis. I urge that criminal proceedings should in principle also be stopped if accused citizens need cannabis for medical reasons. The need for a cannabis therapy should not be judged by the judiciary, a government agency or a health insurance company, but, as with other medical treatments, also by a doctor.

I also strongly support the uncomplicated access of patients to standardized preparations from the pharmacy. In this respect, it is necessary to improve the existing law. However, the prosecution of the remaining losers of the legal situation must also be ended. I am not aware of a convincing argument by which patients‘ prosecution can be maintained. A corresponding amendment to the Narcotics Act is, therefore, logical and unavoidable.

Franjo Grotenhermen, born in 1957, studied medicine in Cologne. Medical practice in Rüthen (NRW) with a focus on therapy with cannabis and cannabinoids. Grotenhermen is the chairman of the German Association for Cannabis as Medicine (ACM), Executive Director of the International Association for Cannabinoid Medicines (IACM) and Chairman of the Medical Cannabis Declaration (MCD), as well as author of the IACM-Bulletin, which is available in several languages ​​on the website of the IACM. Grotenhermen is an associate of the Cologne nova-Institut in the department of renewable resources and author of numerous articles and books on the therapeutic potential of cannabis and cannabinoids, their pharmaco logy and toxicology. Among others, since 2008 he has been an expert on debates in the Health Committee of the German Bundestag on the medical use of cannabis products, most recently in September 2016.

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Canada’s medical marijuana market has experienced explosive growth, particularly for extracts. The amount of cannabis oil sold to clients registered with Health Canada rose 870% between the first quarter of 2016, when 584 kilograms were sold, and one year later, when 5,673 kilograms were sold.

Canada-recreational-marijuana-web-e1501023238758

 

http://www.cenedella.de


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ALGAE DYNAMICS CORP ENTERS INTO A LETTER OF INTENT WITH BONIFY TO PRODUCE UNIQUE CANNABIS OIL PRODUCTS; ACCELERATES GO-TO-MARKET STRATEGY

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ALGAE DYNAMICS CORP ENTERS INTO A LETTER OF INTENT
WITH BONIFY TO PRODUCE UNIQUE CANNABIS OIL PRODUCTS;
ACCELERATES GO-TO-MARKET STRATEGY

TORONTO--August 16, 2017--ALGAE DYNAMICS CORP (OTCQB: ADYNF) (the "Company"), a
company focused on the development of unique health products and pharmaceuticals utilizing cannabis
and algae oils, today announced that it has further refined its relationship with 6779264 Manitoba Ltd dba
Bonify (“Bonify”) in a Letter of Intent (“LOI”) dated August 10, 2017. Bonify is a Licensed Producer,
pursuant to the Access to Cannabis for Medical Purposes Regulations in Canada, with the capability to
grow multiple strains of cannabis in its state-of-the-art 320,000 square foot facility.
The Company previously announced a Memorandum of Understanding with Bonify on May 9, 2017, in
which Bonify agreed to supply raw cannabis plant material for processing into cannabis oil for sale and
for use in research. In the recently completed LOI, the Company and Bonify have outlined the following:
1) The purchase and installation of cannabis oil extraction equipment by the Company in Bonify’s
facility;
2) The processing of cannabis material supplied by Bonify and other Licensed Producers in the oil
extraction facility;
3) The supply of cannabis oil and algae omega-3 oils to The University of Waterloo and University of
Western Ontario to support the Sponsored Research Agreements that the Company has in place with
the two universities; and
4) The sharing of direct expenses, and, after adjustment for the market value of cannabis material
supplied by Bonify and third parties, sharing of revenues from the sale of cannabis oil and algaecannabis
oil products.
The term of the agreement is for three years from the commencement of operations and is renewable by
mutual agreement. The Company and Bonify agree to use best efforts to complete formal documentation of
the agreement by September 30, 2017. Upon termination of the agreement, the Company agrees to transfer
title of the equipment to Bonify. The Company has engaged investment bankers to assist with the raising of
necessary capital to purchase and install the extraction equipment.
Given the favorable terms of this agreement, the Company does not anticipate moving forward with its
previously announced joint venture with ARA – Avanti Rx Analytics Inc. in which it was contemplated that
oil extraction would be done utilizing the latter’s facility.
Assuming that all regulatory approvals are in place, initial revenues are expected within six to nine months
following completion of financing,
Paul Ramsay, Chairman and President of Algae Dynamics Corp, stated, “We believe this Letter of Intent
gives us an improved pathway to early revenues as well as a reliable high-quality source of cannabis oil for
the universities to support our important algae-cannabis oil research. We look forward to expeditiously
completing this agreement.”
Jeff Peitsch, President and CEO of Bonify, commented, “Our team is pleased to be working with Algae
Dynamics Corp in support of the Company’s ongoing research and product development work with
universities. We see many benefits to working together with innovative companies such as Algae Dynamics
in this burgeoning cannabis market.”
About Bonify
Bonify is a Canadian-owned Licensed Producer and leading provider of medical cannabis. By maximizing
research findings and strictly adhering to best-in-class practices, quality standards and procedures, Bonify
produces medical cannabis products to help individuals get the most out of life each and every day. With
over 1,000,000 square feet of potential productive capacity at its present site in Winnipeg, Manitoba, Canada,
when at full scale, Bonify will be capable of growing over 100,000 kgs of cannabis annually.
About Algae Dynamics Corp
ADC is engaged in the development of unique health products and pharmaceuticals that utilize hemp,
cannabis and algae oils. We have engaged two Canadian universities to provide research into the use of
extracts from cannabis oil, which we plan to use to develop products that combine the significant health
benefits of Omega-3s derived from algae oil and extracts from cannabis oil. Our research is focused on the
use of cannabis oil in the context of cancer, and the use of cannabis derivatives for the development of novel
pharmacotherapies for mental health.
For more information, visit http://www.algaedynamics.com
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" as that term is defined in Section 27A of the
Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press
release which are not purely historical are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include,
among other things, use of proceeds and the development, costs and results of current or future actions and
opportunitiesin the sector. Actual results could differfrom those projected in any forward-looking statements
due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new
projects and development stage companies, our ability to raise the additional funding we will need to
continue to pursue our exploration and development program, and our ability to retain important members
of our management team and attract other qualified personnel. These forward-looking statements are made
as of the date of this news release, and we assume no obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those projected in the forward-looking statements.
Although we believe that any beliefs, plans, expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove
to be accurate.
Investors should consult all the information set forth herein and should also refer to the risk factors disclosure
outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form
10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
INVESTOR RELATIONS CONTACT:
Jack Eversull, President
The Eversull Group, Inc.
jack@theeversullgroup.com
972-571-1624
COMPANY
CONTACT:
Paul Ramsay, President
Algae Dynamics Corp
ramsay@algaedynamics.com
416-704-3040

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“It’s California in 1995 All Over Again, Man” – Opportunities and Problems Piling Up in the European Cannabis Market – from Cannabis Business Executive magazine / Philip J. Cenedella IV

“It’s California in 1995 all over again, man.”

That was a comment I overhead during a conversation between an American and a German entrepreneur at the Mary Jane Berlin event held in Berlin in the second week of June, 2017.

Indeed, there may not be a better way to sum up the current state of the state here in Europe’s most populous country. Having been on the frontlines of the grassroots efforts in San Diego last century, it is fun to see how our industry is now growing in Germany and throughout Europe.  And like California back then, or now, the struggle is not always easy.

Here’s another interesting quote of the month:

“European markets are increasingly important to the cannabis sector. Each has a well-funded medical system, residents who seek natural and complementary therapies, and a government-supported mandate to stop the rising tide of opiate addiction related to chronic pain treatment.”

-Benjamin Ward, CEO, Maricann Group, Inc.

As of August, 2017 starts, the medical marijuana patients in Germany are experiencing “sold out” conditions nationwide, and the two exclusive importing countries (Canada and the Netherlands) are anticipating further bottlenecks as their in-country supply needs change. This is a significant problem – but also an opportunity for GMP-certified growers to fill the gap. If, and how, the German government opens up alternative supply to support their medical patients will be the top story in Germany this year.

From the patients perspective, there are two bad things about the current state of affairs: Little to no choice in their required medicine and their insurance companies are now refusing to cover the costs for the medicine as stipulated in the federal law.

Of course, lawyers are now getting involved and insurance companies are starting to be forced into approving valid claims from their policy-paying customers. But it is a silly, slow process to say the least.

The solution the German government is pursuing is to award 10 grow licenses to companies that will then produce 200 lbs. cannabis ​each within the country. The first bud from those plants are not scheduled to be picked until sometime in 2019, which is simply too long for patients to wait.

Some of the companies that have been publicly mentioned as potential winners of a grow license are Spektrum Cannabis, which is the Canopy Growth company formerly known as MedCann; Maricann GmbH, which is the new German subsidiary of its Canadian parent, Bedrocan, that has been a leader in the industry but recently run into a dispute with their Canadian licensee, Bedrocan International; Aurora Cannabis from Canada, which recently acquired the German firm Pedianos adding an EU-wide, medical marijuana distribution capability; and ABCann of Canada, which touts the “Father of THC” Dr. Raphael Mechoulam as a key member of their board of directors.

Homegrow options in Germany are currently not permitted, and existing indoor/outdoor farm operations are not yet able to be registered, licensed and taxed.

The black market continues to win, and patients continue to lose.  Cannabis business executives worldwide need to effectively work with the German government to develop the solutions we all know exist.  Three organizations that are key to this effort are the BfArM (www.bfarm.de )  the DHV (www.hanfverband.de )  and the GTAI ( www.gtai.de )

My personal comment is the government, politicians and regulators here in Germany need to listen to their constituents who support our industry by over 60 percent nationwide, according to a recent poll. The total quantity of flower to be delivered by the 10 licensees is probably less than what my buddy Butch has in his building back in California to handle his patients which live within five miles of the office.

Yes I am joking, Butch usually has less, but the point is – ​it simply is not enough for a population twice the size of California.

With all the talk about Germany, it is also important to remember that it is one of 18 countries within Europe that currently allow for some form of medical marijuana.  Besides Germany, there are provisions for the distribution and use of medical products in Austria, Belgium, Czech Republic, Denmark, Finland, France, Greece, Israel, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and, the most recent addition, Poland.

This is an interesting list that, again, shows these are historic times here in Europe.

Sadly missing from the list above is the United Kingdom, and that has affected people we know. Our friend Vera Twomey, and her entire family had to leave the U.K. last month just to take care of their young daughter with Dravet’s Syndrome. In the U.K. their daughter suffered from up to 30 grand mal seizures a day while taking a regimen of pharmaceutical drugs.

Think about that for a moment – 30 grand mal ​seizures a day.

Now living as “medical refugees” from their homeland, the Twomey’s and their daughter are now dealing with zero grand mal seizures a day thanks to her medical marijuana.

30 grand mal seizures a day, now zero a day – everyday for the past 3-4 weeks.

The United Kingdom calls medical marijuana illegal. Patients and advocates call that thinking arcane, unjust, and possibly criminal itself. They are now petitioning the Human Rights Commission of the European Union in Brussels for help. I am positive their efforts will be successful – it is just a matter of time.

Vera and her family hope it comes within her daughter’s lifetime. That is all for now. Have a successful rest of the summer, rest up and get ready because I believe that Q-4 of 2017 is going to be a busy one for our industry and your company.

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