Cannabis News Box

Jay-Z enters legal weed business by partnering with cannabis company Caliva as chief brand strategist

Jay-Z enters legal weed business by partnering with cannabis company Caliva as chief brand strategist

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 17, 2019

“Hip hop's first billionaire” flaunts Beyoncé on his arm, has a string of successful records behind him and boasts his own music label; of course we are talking about Shawn Carter, also known by the name Jay-Z. The 49-year-old has joined Caliva’s staffing team as the cannabis company’s Chief Bra...

Martha Stewart is collaborating with Canopy Growth to launch a CBD line for pets

Martha Stewart is collaborating with Canopy Growth to launch a CBD line for pets

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

The cannabis market is on track to grow 700 percent by 2020 and Martha Stewart is not wasting any time getting a slice of pot pie. The American media mogul, who rose to fame with her Martha Stewart Living magazine and television show, has decided to expand her footprint in the industry by joining forces...

Florida set to become a pioneer in hemp production and manufacturing

Florida set to become a pioneer in hemp production and manufacturing

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

Orange groves could soon be replaced with hemp fields in Florida, which received DEA clearance to cultivate the non-psychoactive hemp plant in 2018. The harsh elements of nature have destroyed many of Florida’s once thriving orange groves, which yield significantly less citrus than they did prior to a...

Bruce Linton is fired from Canopy Growth, company clings onto Acreage deal

Bruce Linton is fired from Canopy Growth, company clings onto Acreage deal

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 8, 2019

The world’s largest cannabis company has abolished Bruce Linton; Canopy Growth’s very own co-founder and Co-CEO. Constellation Brands, which currently owns a 40 percent chunk of the cannabis company, was behind the decision. Responsible for producing some of the most iconic beer, spirits and wine brands in ...

Cannabis banking might not be here yet but cannabis credit cards are

Cannabis banking might not be here yet but cannabis credit cards are

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 8, 2019

Last month, Columbia Care went down in history as the first ever company to introduce a cannabis credit card created especially for the industry.  The company, which is one of the biggest medical cannabis dispensary operators nationwide, has announced that it will now start accepting “Columbia Na...

On the cusp of legalization, New York employers scrap cannabis-testing rules for workers

On the cusp of legalization, New York employers scrap cannabis-testing rules for workers

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

As New York inches closer to legalizing recreational cannabis, employers are contemplating rewriting their drug testing policies. With a CBS News poll revealing how 65 percent of New York voters support cannabis legalization, a large proportion of employees working for companies across the Democ...

Curaleaf’s cannabis revenue for Q1 topped $35.3 million

Curaleaf’s cannabis revenue for Q1 topped $35.3 million

Bethan Rose Jenkins, Cannabis News Writer

June 14, 2019

Cannabis extracts are growing in popularity and with the rise in demand comes a rise in Curaleaf's revenue. The cannabis company, which prides itself on producing clean and safe cannabis extracts, recently published it's Q1 earnings report. Based on the details of the report, Curaleaf's total revenue for Q1 2019 inflated at a year-over-year growth rate of 288 percent, growing from ...

Cannabis firm MedMen finishes first $80 million funding round from Gotham Green

Cannabis firm MedMen finishes first $80 million funding round from Gotham Green

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

According to a press release published by MedMen Enterprises Inc. at the end of April, the cannabis company has finalized its initial $80 million funding round of a $250,000 cash injection from Gotham Green Partners. MedMen has “signed a binding term sheet for a senior secured convertible credi...

Researchers from University of Vermont discover cannabis’ origins

Researchers from University of Vermont discover cannabis’ origins

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 13, 2019

The cannabis plant's roots extend far beyond the soil in which they grow. In fact, scientists may have finally traced the plant’s origins back to ancient China in 930 CE. Thanks to a new paper released following a study conducted by researchers from the University of Vermont, "cannabis flourishes in steppe – an open, treeless habitat."...

Cannabis companies are taking a keen interest in wellness trends

Cannabis companies are taking a keen interest in wellness trends

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 31, 2019

The cannabis wellness industry is booming, with the latest entry into the market coming from Canopy Growth. On Wednesday, May 22, the Canadian cannabis company announced its plans to purchase London-based skincare company This Works for $55.2 million. Canopy’s decision to include cannabis sleep and beauty products in its ever-expanding portfolio i...

Cannabis videos spark social media trend after garnering over three billion views

Cannabis videos spark social media trend after garnering over three billion views

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

April 20th, famed for being a "4/20 " celebration that unites cannabis connoisseurs around the world, has already been and gone this year. Nonetheless, the effects of the 2019 event are still being felt, what with the recent 4/20 celebration being hailed as the most profitable event for cannabis ret...

Using cannabis to treat your pet: An up-and-coming segment of the market

Using cannabis to treat your pet: An up-and-coming segment of the market

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 18, 2019

Having a pet is one of life's greatest pleasures. A furry companion can enhance your mood and enrich your life in more ways than one. However, when your furry friend becomes sick, an expensive trip to the vet's is usually the outcome. Enter cannabis for pets. This natural green plant contains an abun...

Culture