Cannabis News Box

Mexico may soon decriminalize cannabis

Mexico may soon decriminalize cannabis

May 13, 2019


Filed under Global, News

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 proposal in what is called the “National Development Plan.” The plan would provide prescription canna...

Will Generation Z Americans be the nation’s biggest cannabis consumers?

Will Generation Z Americans be the nation’s biggest cannabis consumers?

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 4, 2019


Filed under News, Social cannabis

The 71 million people that constitute the Gen Z consumer demographic in the United States are making a significant impact on the American consumer economy. Approximately 31 million of those people are in the age range of 18-24. Based on a 2018 report by Research and Markets, Gen Z young adults generate an a...

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

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

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 30, 2019


Filed under Global, News

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 federal prohibition in the U.S. and cannabis oversupply issues by 2021. “Importantly, whether leg...

Blumenauer says U.S. House will pass cannabis banking reform and consider rescheduling the plant

Blumenauer says U.S. House will pass cannabis banking reform and consider rescheduling the plant

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 29, 2019


Filed under News, Social cannabis

On Friday, April 19, a leading pro-cannabis lawmaker affirmed his confidence in the U.S. House of Representatives passing a cannabis banking reform law later this year. An Oregon-based Democrat and longtime legal weed advocate, U.S. Rep. Earl Blumenauer also predicted that a committee will consider r...

Cannabis report: Baby boomers are paying more for weed

Cannabis report: Baby boomers are paying more for weed

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 29, 2019


Filed under News, Research

Legal cannabis spending is on the rise. According to ArcView Market Research and BDS Analytics, the global cannabis market is predicted to rake in $17 billion this year. What’s more, cannabis consumers around the world are expected to fork out $31.3 billion for the green plant and its derivatives by 2...

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

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 29, 2019


Filed under Global, News

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 is lifted by the U.S. government, will see the Ontario-based company purchase New York-based...

Attorney General Barr wants to tackle cannabis prohibition

Attorney General Barr wants to tackle cannabis prohibition

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 24, 2019


Filed under News

If you feel perplexed by the current situation surrounding America's pot laws, you're not the only one. A growing number of U.S. states are legalizing the plant either for medical purposes, recreational purposes or both. This has stirred up confusion amongst the cannabis community, due to the fact that ...

Updated medical cannabis law in New Mexico could grant inmates access to weed

Updated medical cannabis law in New Mexico could grant inmates access to weed

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 24, 2019


Filed under Medical cannabis, News

New Mexico is still feeling the effects of a bill that was recently signed into law by Gov. Michelle Lujan Grisham. The new law amends the State's medical cannabis rule to expand patient access to pharmaceutical-grade weed. Since the changes were signed into law, confusion has permeated New Mexico's...

Asia is capitalizing on industrial hemp

Asia is capitalizing on industrial hemp

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 20, 2019


Filed under Global, News

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 the news lately, hemp is by no means new to the world. It is steeped in history, with the ancient Chi...

This year’s 4/20 expected to be biggest sales day in its history

This year’s 4/20 expected to be biggest sales day in its history

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 19, 2019


Filed under News, Social cannabis

April 20 or “4/20” is fast approaching, This eagerly anticipated date could be the most successful in the celebration’s history.  For the cannabis industry, the 2019 holiday is expected to harvest more sales revenue than ever before on what was coined “4/20” in the early ’70s. Where did...

California is being sued by 25 cities over pot policy permitting unrestricted statewide delivery

California is being sued by 25 cities over pot policy permitting unrestricted statewide delivery

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 19, 2019


Filed under News

The State of California is being slammed with lawsuits from 25 cities. Why? The desired outcome is to abolish a rule that permits home cannabis deliveries statewide. California legalized recreational cannabis use, production and sales in 2016. Today, it is considered the biggest cannabis market in ...

Trump’s Justice Department is obstructing opportunities for cannabis research

Trump’s Justice Department is obstructing opportunities for cannabis research

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 18, 2019


Filed under News

Former U.S. Attorney General Jeff Sessions might not be on the scene anymore, but this doesn't mean that cannabis research has sped up in his absence.   President Donald Trump could be just as much to blame for the lack of cannabis research in the U.S. It seems that the Trump Administration is not the...

News