Cannabis News Box

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China is capitalizing on the rise of medical cannabis

By the time we reach 2024, the industry is forecast to reach up to $4.4 billion in China
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 22, 2019

As most people already know, a lot of things are stamped with the words “Made in China” on them. After all, China is a hub for creation and innovation. From big-name clothing brands like Prada and...

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Fresh report gives ‘realistic’ insight into European cannabis market

"Medical Cannabis in Europe: The Markets & Opportunities" is available as a free, downloadable report
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 13, 2019

Based on a new report from Marijuana Business Daily, year-over-year cannabis sales in Europe are climbing. The statistics spell out promising things for investors in the European medical cannabis market,...

https://www.theyucatantimes.com/2019/02/mexico-legalizes-marijuana-for-recreational-purposes/

Mexico may soon decriminalize cannabis

May 13, 2019

Thor Benson / Cannabis News Box Contributor Mexico’s president is currently proposing a plan to decriminalize cannabis in the country. Mexican President Andrés Manuel López Obrador outlined his...

https://www.theyucatantimes.com/2019/02/mexico-legalizes-marijuana-for-recreational-purposes/

Mexico plans to legalize recreational cannabis this October

Mexico could have significantly greater long-term sales potential for its cannabis market than Canada
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 3, 2019

It’s hard to ignore the rate at which the cannabis industry is growing, and it looks like Mexico could be next to enact legislation. In fact, recent reports have revealed how the North American country...

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Black market weed in Canada is undercutting legal dried cannabis on price, Statistics Canada

Industry experts are adamant that Canada’s illicit cannabis market will continue to grow, as legal sources struggle to meet demand
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 1, 2019

New crowdsourced data collected by Statistics Canada has revealed how Canada’s legal cannabis market is costing consumers more than the illicit market. In fact, post-legalization, black market buyers...

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Merrill Lynch initiates cannabis sector coverage and predicts more cross-border deals

“There are over 50 publicly traded Canadian cannabis licensed producers, far too many for a cannabis market the size of Canada’s, in our view,” reads the report
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 30, 2019

Bank of America Merrill Lynch recently amplified its interest in the legal cannabis industry after it released a report that predicts two significant events likely to cause a paradigm shift: an end to...

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Supreme Cannabis launches a cannabis genetics company Cambium Plant Sciences

Supreme Cannabis will funnel $14 million into the development of Cambium’s facility
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 29, 2019

On Monday, April 22, The Supreme Cannabis Company, Inc. announced its plans to launch Cambium Plant Sciences in Goderich, Ontario. Cambium is a wholly-owned subsidiary of Toronto-based pharmaceutical...

Canopy Growth secures deal to buy Acreage for $3.4 billion in ‘game-change’ for North American cannabis industry

Canopy Growth secures deal to buy Acreage for $3.4 billion in ‘game-change’ for North American cannabis industry

The deal grants Canopy the right to purchase all of Acreage’s shares as soon as cannabis is legalized at federal level in the U.S
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 29, 2019

Canopy Growth has made news headlines once again for an acquisition that has set the cannabis industry leader back a whopping $3.4 billion. The deal, which won’t be effectuated until federal prohibition...

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Legal cannabis spending in Canada is on the rise

Canadian legal cannabis market projected to reach $5.2 billion by 2024
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 24, 2019

A new report released by ArcView Market Research and BDS Analytics has revealed a very interesting insight into legal cannabis spending in Canada. The report is titled “Canada Leads The Way on Global...

Asia is capitalizing on industrial hemp

Asia is capitalizing on industrial hemp

Hemp will play a significant role throughout several Asian countries in the coming years
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 20, 2019

The hemp plant is attracting a lot of media attention as of late, what with cannabidiol (CBD) quickly emerging as a therapeutic pharmaceutical ingredient. Although the plant has been cropping up in...

https://marijuanastocks.com/banking-in-the-marijuana-industry/

Legal cannabis companies in the States are being dismissed by Canadian banks

Bank executives in Canada claim that they are not likely to get involved with American cannabis industry players until laws are changed at the federal level
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 18, 2019

America is edging closer to cannabis reform. So far, 33 U.S. states have legalized cannabis for medical purposes, and 10 U.S. states and Washington D.C. have legalized the plant for adults aged 21 and...

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Israel decriminalizes adult-use cannabis during Tel Aviv CannaTech conference

The country's new cannabis laws are expected to go into effect imminently
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 9, 2019

Possessing a homegrown cannabis plant in Israel is no longer punishable by law, thanks to a new batch of Israeli laws that decriminalize possession of the plant and its matter. Israeli civilians who...

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