Cannabis News Box

West Hollywood’s first cannabis cafe will open next month

West Hollywood's first cannabis cafe will open next month

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 13, 2019

The first cannabis restaurant in Greater Los Angeles is getting ready to open its doors and begin ushering in customers. Lowell Farms: A Cannabis Café is located in the West Hollywood district and the official launch date has finally been announced as September 1, 2019. Southern California has never ...

Surterra hires Kellogg’s former CFO as the cannabis company’s next finance chief

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 26, 2019

The former chief financial officer (CFO) of renowned cereals producer Kellogg Co., Fareed Khan, has left his role at the cookie and cracker manufacturing company for an opportunity in the cannabis industry.  Khan, who also previously served as the CFO of U.S. Foods, was named the new finance chief of Su...

Want a masters in cannabis? Philadelphia’s University of Sciences has you covered

Want a masters in cannabis? Philadelphia's University of Sciences has you covered

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 26, 2019

The cannabis industry is bulging with opportunities and for students enrolled at the University of Sciences in Philadelphia, it is now possible to get a Masters of Business Administration (MBA) specifically focused on the nascent industry. Located on 600 South 43rd Street, USciences has never before...

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

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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

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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

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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

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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

https://herb.co/marijuana/news/new-york-medical-cannabis-laws/

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

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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

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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...

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