News Archives Page - Cannabis News Box

Report: Industry insiders say the cannabis industry could top $15 billion in 2019

Arcview Group and BDS Analytics provided sales revenue projections for the global cannabis industry, estimating that global sales will top $44.8 billion within the next five years

Bethan Rose Jenkins, Cannabis News Writer/Editorial • July 10, 2019

The rapid emergence of legal weed throughout the United States and Canada is fueling a global economy centered around the green plant. Investments, acquisitions and innovations in the industry are contributing...

Bruce Linton is fired from Canopy Growth, company clings onto Acreage deal

Linton claims that he was terminated from his role at Canopy Growth - the company he co-founded back in 2013

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,...

The Democratic debates have yet to feature cannabis

July 8, 2019

Thor Benson / Cannabis News Box Contributor The first Democratic presidential debate that was hosted by NBC recently did not feature any discussion on cannabis legalization, and some people aren’t...

U.S. House of Representatives approves bipartisan amendment to protect state-legal cannabis programs

The amendment is now awaiting consideration in the full House, but it remains uncertain if the proposal will be given a green light in the Republican-dominated Senate

Bethan Rose Jenkins, Cannabis News Writer/Editorial • July 5, 2019

Just as last month was coming to an end, something profound happened in the pot industry. A successful vote (267-165) by the U.S. House of Representatives saw the approval of a bipartisan amendment...

Study discovers no connection between recreational cannabis legalization in Colorado and youth cannabis use/behavior

Focusing on accessibility, consumption and abuse patterns, the researchers did not find a “statistically significant difference” between the years 2013 and 2015

Bethan Rose Jenkins, Cannabis News Writer/Editorial • July 5, 2019

On November 6, 2012, recreational cannabis legalization went into effect across the State of Colorado, making it one of the first regions in the U.S. to pass such a law. Coloradans voted to legalize Colorado...

Following cannabis legalization in Illinois, these states are likely to follow suit

Democratic Governor J.B. Pritzker predicts that revenue from Ilinois' legal cannabis market will top $170 million in 2020

Bethan Rose Jenkins, Cannabis News Writer/Editorial • June 27, 2019

Adults aged 21 and over will soon be able to purchase and possess up to 30 grams of cannabis in Illinois, thanks to the passing of HB 1438 on Thursday, May 30. It was on this date that the Illinois House...

Governors call for Congress to pass STATES Act

June 18, 2019

Thor Benson / Cannabis News Box Contributor A dozen governors are now calling for Congress to pass the STATES Act. The bill, which was introduced by Senators Elizabeth Warren (D-Mass.) and Cory Gardner...

Cannabis industry analyst says investor interest is moving from Canada to the States

CIBC World Markets analyst John Zamparo says the current situation concerning cannabis' legal status in the United States is causing a “temporary inconvenience” for a lot of investors hoping to cash in on the green rush

Bethan Rose Jenkins, Cannabis News Writer/Editorial • June 14, 2019

Canada might have blown its chance to become a global pioneer in pot production, with investors seeking out opportunities south of the border. According to CIBC World Markets analyst John Zamparo, his...

Number of suicides committed using a firearm plummeted after California legalized medicinal pot

“If [cannabis] alleviates the acute stress associated with these disorders, we expect suicide risk to decrease following legalization of medical [cannabis],” say researchers from the University of California Irvine.

Bethan Rose Jenkins, Cannabis News Writer/Editorial • June 14, 2019

Based on the details of a new paper published in the Archives of Suicide Research, gun-related suicides have dropped throughout California since cannabis was legalized for medical purposes. Voters approved...

Researchers from University of Vermont discover cannabis’ origins

The study indicates that cannabis may have originated millions of years ago on the northeastern Tibetan Plateau

Bethan Rose Jenkins, Cannabis News Writer/Editorial • June 13, 2019

The cannabis plant's roots extend far beyond the soil in which they grow. In fact, scientists may have finally traced the plant’s origins back to ancient China in 930 CE. Thanks to a new paper released...

Medical cannabis expansion bill passes Texas Senate

If Gov. Greg Abbott does choose to approve Texas' cannabis bill HB 3703, the list of qualifying conditions to receive medicinal-grade weed in "the Lone Star State" will be increased

Bethan Rose Jenkins, Cannabis News Writer/Editorial • May 31, 2019

More Texans could be on the receiving end of a medical cannabis prescription, thanks to a pot bill that will now await lawmaker's approval in the Texas House. Cannabis advocates in Texas were jumping for...

Bank of America VP predicts a $166 billion cannabis market

Black market activity must be put to a stop before the cannabis industry can reach $166 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial • May 31, 2019

Over the past decade, cannabis has filtered into the mainstream retail market. Broadscale legalization of the plant has contributed to a surge in investor interest, where cannabis investors traded pot...