Cannabis News Box

Cannabis investment firm purchases small town in California

Cannabis investment firm purchases small town in California

Logan Lowrey-Rasmussen

August 6, 2017

A cannabis investment firm recently purchased a small town outside the Nevada-California border with the goal of constructing a cannabis-friendly tourist destination. Arizona-based company American Green made an offer of $5 million dollars to purchase the small town of Nipton, California, and is looking to invest as m...

Los Angeles to hold first Olympic Games amid legalized cannabis

Los Angeles to hold first Olympic Games amid legalized cannabis

Logan Lowrey-Rasmussen

August 3, 2017

The city of Los Angeles has reached a deal that will bring the 2028 Olympic Games to Southern California, the first time the event will be held amid an adult-use social cannabis market. While officials in LA worked to bring the 2024 Olympic Games to the city, they reached an agreement with Olympic leade...

NFL open to cannabis as solution to players’ pain

NFL open to cannabis as solution to players’ pain

Logan Lowrey-Rasmussen

August 2, 2017

The NFL wrote a letter to the NFL Player’s Association on Tuesday, offering to work with them and study the potential use of cannabis as a pain management tool for players. The letter pointed out potential research areas including pain management for acute and chronic conditions. The NFL Player...

Retired Jets player sues AG Sessions to decriminalize cannabis

Retired Jets player sues AG Sessions to decriminalize cannabis

Logan Lowrey-Rasmussen

July 25, 2017

Former Jets player Marvin Washington is suing Attorney General Jeff Sessions to decriminalize cannabis. Washington is one of the five plaintiffs including one veteran with PTSD, two children with seizure and pain disorders, and the Cannabis Cultural Association. The suit challenges the constitutional...

Meet the world’s first cannabis sports car

Meet the world’s first cannabis sports car

Logan Lowrey-Rasmussen

July 25, 2017

A sports car made entirely out of woven hemp made its debut when TV presenter Jay Leno got behind the wheel. Retired Dell company manager Bruce Dietzen invested $200,000 into Renew Sports Cars as a carbon neutral alternative to other “green” vehicles on the market. The auto bodies were built from 100 ...

World’s first CBD cigarette to hit Swiss market

World’s first CBD cigarette to hit Swiss market

Logan Lowrey-Rasmussen

July 15, 2017

Swiss supermarket chain Coop announced it will be selling the world’s first hemp cigarette. The cigarettes will contain a variety of the cannabis plant containing 20 percent cannabidiol (CBD) and miniscule amounts of tetrahydrocannabinol (THC). The Swiss government’s allowable amount of THC caps ...

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