Cannabis News Box

NFL to invest $1 million into medical cannabis pain management research

NFL to invest $1 million into medical cannabis pain management research

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

On Tuesday, June 8, the National Football League’s pain management committee and the NFL Players Association declared their joint effort to donate $1 million for cannabis research purposes.  The...

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Adult-use cannabis sales revenue has generated almost $8 billion in tax revenue

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

A healthy $7.9 billion in new tax revenue has been generated by the adult-use cannabis market in the United States.  This is according to a recent analysis carried out by the Marijuana Policy Project...

Amazon strives to stop drug testing job seekers for cannabis and supports legalization

Amazon strives to stop drug testing job seekers for cannabis and supports legalization

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

World-famous tech company Amazon has announced some news that will likely have cannabis consumers rejoicing.  As per a recent statement from the company – which is acknowledged as the second-largest...

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Congress reintroduces federal cannabis legalization bill, Senate focuses on different measure

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

On Friday, May 7, a bill to federally legalize cannabis and raise awareness for industry-focused social equity was formally presented in the House. The proposed piece of legislation is titled the "Marijuana...

Eight U.S. States support cancer patients in psilocybin legal battle against DEA

Eight U.S. States support cancer patients in psilocybin legal battle against DEA

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

A legal battle that aims to provide end-of-life care patients with legal access to psychedelic substances has begun. Because of this, cancer patients who have previously been turned down the opportunity...

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Bill to legalize psychedelics possession is approved by California Senate

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 11, 2021

Californians could soon be allowed to walk around in possession of psychedelic substances without facing any legal repercussions.  The news has emerged following the advancement of a bill to decriminalize...

Leading New Mexico cannabis business funnels more than $20 million into market expansion

Leading New Mexico cannabis business funnels more than $20 million into market expansion

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 11, 2021

An acclaimed cannabis producer and retailer is investing more than $20 million to expand operations in its home state of New Mexico. Vertically integrated cannabis company Ultra Health is taking huge...

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Cannabis extract market value will inflate to $28.5 billion by 2027

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

Within the next six years, the global cannabis extract market size is forecast to be worth USD$28.5 billion. These projections come courtesy of Grand View Research, Inc., which recently published a report...

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Samuel Adams brewer prepared to conduct research Canada’s cannabis beverages market

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

The producer of Samuel Adams beer is entering the cannabis beverages industry alongside Truly Hard Seltzer — a creator of fruit-flavored sparkling drinks. According to the Boston Beer Co., a subsidiary...

Martha Stewart assumes role of strategic adviser for cannabis firm Canopy Growth

Martha Stewart assumes role of strategic adviser for cannabis firm Canopy Growth

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

On Thursday, May 20, Canadian cannabis producer Canopy Growth Corporation unveiled its plans to bring famous businesswoman, television personality and writer Martha Stewart on-board as the company's strategic...

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Support for federal cannabis legislation grows as the SAFE and CLAIM Acts push through Congress

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

The landscape of legal weed in the United States looks set to undergo major metamorphosis in the near future. Amid congressional consideration of the SAFE Banking Act and CLAIM Acts, cannabis-focused businesses...

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Cannabis industry forecast to contribute $92 billion to U.S. economy this year

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 30, 2021

New analysis published in the MJBizFactbook indicates that this year's total U.S. economic impact from cannabis sales is more than 30 percent greater than it was in 2020. For the entirety of 2021, U.S....

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