Cannabis News Box

Former NFL player Kyle Turley claims cannabis has transformed his family’s life

Former NFL player Kyle Turley claims cannabis has transformed his family’s life

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 3, 2020

Kyle Turley, the National Football League's former offensive tackle player, is one of numerous existing/previous NFL players who support the use of medical cannabis for pain relief. During a recent interview with USA Today, the 44-year-old cannabis advocate claimed that the green plant immensely transformed his life for ...

Data firm says U.S. cannabis market sales have topped $13.6 billion

Data firm says U.S. cannabis market sales have topped $13.6 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 30, 2020

Sales of legal cannabis in the United States are on an upward incline. New Frontier Data – a Washington-based company that aims to provide transparency for the legal cannabis market through providing industry participants with up-to-date data and analysis – recently published a report on U.S. can...

Mexican Senate preparing to vote on bill that would regulate cannabis and hemp the same

Mexican Senate preparing to vote on bill that would regulate cannabis and hemp the same

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 30, 2020

Mexico is stepping into green territory, as it prepares to legalize cannabis and hemp; the Mexican Senate is reviewing the North American country's most recent cannabis legalization initiative, which has already gained approval from the body’s commissions on health, justice and legislative studies...

Coronavirus and cannabis: China’s supply shutdown is impacting vape businesses and events

Coronavirus and cannabis: China’s supply shutdown is impacting vape businesses and events

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 16, 2020

Cannabis companies are feeling the sting from the Coronavirus (COVID-19) pandemic, which could kill as many as 200,000 to 1.7 million people around the world. Since a significant volume of vaporizer hardware is produced in China, companies are struggling to stock up on essential goods; investors are backi...

FDA presents Congress with eagerly anticipated CBD regulatory framework

FDA presents Congress with eagerly anticipated CBD regulatory framework

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 16, 2020

A press release was issued to the general public by the U.S. Food and Drug Administration (FDA) on Thursday, March 5. Included in the release was a CBD regulatory update addressed to Congress. The update has been long-awaited by everyone involved in the budding market, which is estimated to reach $2...

Recreational cannabis sales in Illinois top almost $35 million in February

Recreational cannabis sales in Illinois top almost $35 million in February

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 16, 2020

January was a successful month for Illinois, which reaped revenue close to the amount of $40 million during its first official month of legal sales. February was also a successful month in regards to adult-use cannabis sales in Illinois, despite the fact that revenue was $5 million less than the month ...

Canopy Growth shares drop after company dismisses 500 workers

Canopy Growth shares drop after company dismisses 500 workers

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 13, 2020

The repercussions of Canopy Growth Corp. eliminating 500 members of its workforce are being felt by pot stock investors and traders; on Thursday, March 5, shares sunk by four percent. Canopy's plummeting shares were to be expected, considering the fact that the Canadian cannabis company recently annou...

Colorado’s cannabis sales break records with $1.75B in 2019

Colorado’s cannabis sales break records with $1.75B in 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 9, 2020

Colorado's cannabis industry might have looked like it was sinking this time last year. However, based on recently published data from the Colorado Department of Revenue, the state's market is seeing a rapid surge in growth and stability.  In 2019, cannabis retail stores in Colorado pulled in almo...

Colorado’s wholesale cannabis flower prices increasing due to soaring demand and lack of growers

Colorado’s wholesale cannabis flower prices increasing due to soaring demand and lack of growers

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 5, 2020

When wholesale cannabis flower sales in Colorado first took off, prices were steady and admirable. However, as production kicked into high gear, a surplus of flower suffused the market; triggering a drop in prices. Fortunately, things are looking up, with recent reports showing that Colorado's wholesa...

Legal industrial hemp could help restore bee populations

Legal industrial hemp could help restore bee populations

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 28, 2020

The newly launched industrial hemp market is rapidly gaining momentum across the United States. Following the passing of the 2018 Department of Agriculture Farm Bill, the green crop was finally legalized. Not only has this led to a surge in the number of farmers cultivating hemp for the creation of CBD ...

Trump proposes to delete rule regarding state medical cannabis protections

Trump proposes to delete rule regarding state medical cannabis protections

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 18, 2020

President Donald Trump has never been overly vocal of his support for legal cannabis and it seems that he is doing whatever it takes to halt the industry’s progression. A recently published Marijuana Moment article revealed that Trump wants to eliminate an existing policy that was initially introduced by Congress to safeguard the interests of cannabis-friendly states. Included in Trump’s fiscal 2021 budget plan, the proposal would tear down protection...

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