420 with CNW — Ukraine to End Cannabis Prohibition to

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
368
420 with CNW — Ukraine to End Cannabis Prohibition to Help Manage Mental-Health War Effects

Ukrainian members of parliament (MPs) have unanimously approved a measure to legalize marijuana, aiming to provide relief for war veterans struggling with physical and psychological trauma. The proposed bill, which permits the medical use of cannabis, effortlessly passed its initial reading, garnering support from 268 out of 344 legislators. Prior to becoming law, it must undergo a second reading in parliament and obtain the signature of President Volodymyr Zelensky.

The significant backing for medical cannabis marks a notable shift in attitudes toward the substance since Russia’s invasion of Ukraine.

In 2021, a similar bill faced resounding defeat. Today, cannabis is recognized as a viable alternative to traditional prescription drugs for treating the extensive physical and mental injuries endured by thousands of civilians and soldiers during the war. Tymofiy Mylovanov, the director of the Kyiv School of Economics and an advisor to President Zelensky, affirmed, “Both veterans and the wounded rely on marijuana, and the legislature aims to legalize its usage.”

While Ukraine does not publicly disclose its casualty figures, estimates suggest they are lower than the estimated 200,000 Russian soldiers who have been injured or killed. Leaked U.S. intelligence documents in April indicated that by February, Ukraine had experienced between 124,500 and 131,000 casualties, with up to 17,500 fatalities.

According to a report released by the WHO in February, approximately 25% of the Ukrainian population and 60% of its soldiers may be suffering from PTSD or depression due to the war. Furthermore, the report highlighted the sidelining of mental-health services in favor of bolstering trauma unit capacities.

Advocates for medical-marijuana legalization assert that cannabis can alleviate pain and symptoms associated with post-traumatic stress disorder (PTSD), often offering a safer alternative to prescription opioids. President Zelensky has expressed support for the legalization of medical marijuana. Leading up to the vote, numerous prominent Ukrainians also voiced their endorsement of the legislation.

Yanina Sokolova, a television presenter, shared a photograph on her Facebook page depicting a Ukrainian soldier lying in a hospital bed following an injury caused by a Russian landmine. The explosion had partially severed his left leg, ultimately leading to a complete amputation. “He experiences excruciating pain constantly, 24/7. It’s unbearable,” Sokolova reported.

In light of such circumstances, Sokolova continued: “I can identify numerous groups of patients experiencing various painful symptoms. They all urgently require medical marijuana.”

Across the globe, the legalization of medical marijuana has been steadily gaining traction, with the United Kingdom permitting its prescription by doctors in 2018.

The medical use of marijuana is on the rise around the world. This could be the reason why we are seeing more enterprises such as IGC Pharma Inc. (NYSE American: IGC) taking steps to develop pharmacy-grade formulations from THC and other cannabinoids so that patients can have marijuana medicines that they can obtain through doctor prescriptions in the healthcare system.

NOTE TO INVESTORS: The latest news and updates relating to IGC Pharma Inc. (NYSE American: IGC) are available in the company’s newsroom at https://cnw.fm/IGC

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

IGC Pharma Inc. (IGC) Stock Research Links

IGC Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

XMax's $30M Repurchase: Strategic Value Move

Updated Category News Views 57

XMax Enters Share Repurchase Game Who doesn’t love a buyback announcement from a company trying to put some faith back in its stock? XMax Inc., a name juggling the dual act of AI innovation and contemporary furniture dealings, just dropped a $30 million share repurchase bombshell. The firm aims to scoop up shares priced under $5.50, signifying it might think the...

Continue Reading
HikTech Star Tour Highlights Co-Innovation at Hikvision

Updated Category News Views 73

Innovation Meets Collaboration at HikTech Star Tour Ever been to one of those tech expos that's more about hype than substance? No smoke and mirrors here. The 2026 HikTech Star Tour wasn’t your run-of-the-mill tech meet-up. Held in Hangzhou, the event brought together 130 tech professionals from 56 countries. It’s like a digital United Nations, but with fewer speeches...

Continue Reading
New CEO at Armor: Nicholas Lee Takes Helm

Updated Category News Views 75

Leadership Shakeup at Armor Well, here's a twist in the ever-spinning merry-go-round of tech leadership: Armor's got a new top dog. Nicholas Lee, the former big shot at Fujitsu Intelligence, is now steering the ship as CEO, effective November 2, 2026. With his broad and varied playbook in tech and AI, Lee's stepping into some big shoes with plans to bolster Armor’s...

Continue Reading
Gutiérrez Honored with Enrique V. Iglesias Award

Updated Category News Views 85

Gutiérrez Recognized for Civic and Business Impact Alright, folks, here's a scenario to chew on: Dionisio Gutiérrez, a name that's likely resonated in business and civic corridors for a while, is about to add another feather to his cap. This November 4, Gutiérrez will bask in the limelight as King Felipe VI of Spain hands him the 11th Enrique V. Iglesias Award. It's...

Continue Reading
MIAX Preps New Binary Options Amid SEC Filings

Updated Category News Views 50

MIAX's Strategic Move Towards Binary Options Ah, that's something that might just shake things up a bit. On November 3rd, 2026, MIAMI International Holdings (NYSE: MIAX) made the headlines by filing with the SEC to offer cash-settled binary index options. Now, if you're not new to the trading game, you know that anything involving SEC registration gets the blood pumping....

Continue Reading
Hidden Fences: A Smarter Choice for Pet Owners?

Updated Category News Views 14

The Case for Invisible Fences Man's best friend meets modern containment! Why are hidden fences gaining traction in households across Culpeper, VA, and beyond? Pet Containment Expert Lawrence Sowers spills some valuable insights into why so many are ditching traditional fences. Practical reasons abound, folks! Keeping the Yard Beautiful Who wants their landscaping ruined...

Continue Reading
Q-Ball Intelligence Launches Predictive Powerhouse

Updated Category News Views 22

Breaking Out in the Predictive AI Scene Q-Ball Intelligence doesn't just stroll onto the AI stage; they bulldoze in, backed by a beefy research legacy starting way back in 2007. Now, after 19 years marinating in the depths of predictive research—and putting some serious cash where their AI mouth is—they've officially launched as the new big thing in predictive...

Continue Reading
TETRA Hits High Mark with Robust Q3 Earnings Surge

Updated Category News Views 118

Financial Milestones and Market Insights Boy, if you're not watching TETRA Technologies (NYSE:TTI) right now, you're probably missing out on a real barnstormer of a financial report. The numbers are looking chalkboards-be-damned stellar! They’ve just notched their finest third quarter in a decade, bringing in revenues through the roof at $168 million—an impressive 10%...

Continue Reading
Summit Midstream Prepares for Q3 2026 Earnings Report

Updated Category News Views 96

Quarterly financials are the canary in the coal mine for any energy firm. Scrutinizing those numbers can be the difference between riding a bull market or nursing your wounds in a ditch. So, what's on tap for Summit Midstream Corporation (NYSE: SMC)? They've circled November 9, 2026, on the calendar for releasing their third quarter figures, just after the NYSE bell...

Continue Reading
Boston Scientific's SIMPLAAFY Trial Promises Post-Op Ease

Updated Category News Views 160

SIMPLAAFY Trial Makes Waves in Cardiac Care Alright, let's dig into the heart of the matter—pun fully intended. Boston Scientific (NYSE:BSX) just rolled out some head-turning results from their SIMPLAAFY study, which evaluates the WATCHMAN FLX™ Pro Left Atrial Appendage Closure Device. What’s so special, you ask? Well, it’s all about simplifying the post-surgery...

Continue Reading

Top 5 Most Recently Viewed Articles

Growth of Non-Thermal Pasteurization: A Market Overview

Updated Category News Views 148

Growth Prospects for the Non-Thermal Pasteurization Market The non-thermal pasteurization market is on an impressive growth trajectory, with expectations to expand from USD 2.3 billion in 2023 to USD 5.7 billion by 2028. This remarkable increase signifies a compound annual growth rate (CAGR) of 20.0%, showcasing the rising popularity of innovative pasteurization...

Continue Reading
Exploring SI-BONE's Promising Financial Future and Growth Potential

Updated Category News Views 82

SI-BONE, Inc. (NASDAQ:SIBN) stood out as a player in the medical device sector back then, focusing on surgical solutions for musculoskeletal disorders of the sacropelvic anatomy. They reported worldwide revenues hitting $40 million—a 20% leap from previous figures—outdoing analysts who pegged expectations at $39.1 million. But here’s the kicker: while revenue looks...

Continue Reading
Explore the Future of IoT Development with Silicon Labs Innovation

Updated Category News Views 237

Revolutionizing IoT Development with the Simplicity Ecosystem Today, developers are provided with the tools for faster and more intelligent workflows, thanks to the launch of the Simplicity Ecosystem by Silicon Labs (NASDAQ: SLAB). This innovative suite introduces a new era in embedded IoT development by integrating advanced AI capabilities within its modular software...

Continue Reading
CME Group Hits Record Volume: Midyear Surge in 2026

Updated Category News Views 16

CME Group's Volume Surge: A Record-setting Performance When it comes to trading, sometimes the numbers speak louder than words. CME Group, the behemoth of derivatives trading, has smashed through its own ceilings. June 2026 saw an average daily volume (ADV) of 30.6 million contracts, the highest for any June ever. Add to that their second-best Q2 with 29.8 million...

Continue Reading
Talisker Reports High-Grade Gold Assays from Mustang Mine

Updated Category News Views 184

Talisker Reports Promising Assay Results from Mustang Mine Toronto — Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) has announced exciting assay results stemming from its underground face sampling of the 1060 level lateral development at the Mustang Mine. Following previous press releases detailing findings from the higher 1075...

Continue Reading