Cannabis News Box

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Giving cannabis companies banking access would save the government money

May 30, 2019

Thor Benson / Cannabis News Box Contributor There is a cannabis banking bill, the SAFE Banking Act, being debated in the House of Representatives that the Congressional Budget Office (CBO) says would...

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Study: Legalizing cannabis could improve workplace safety

“Because the use of alcohol at work is associated with a substantial increase in the risk of injury, and because non-habitual opioid use slows reflexes and impairs cognitive functioning, the enactment of MMLs [medical marijuana laws] could, in theory, make workplaces safer,” explained the study’s authors
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 26, 2019

New research has shed some light on the impacts of medical cannabis on workplace safety. It turns out that – contrary to popular belief that cannabis may negatively impact an employee’s productivity...

Why California has a problem with the black market even after legalization

Why California has a problem with the black market even after legalization

Although the illegal pot market infiltrates the vast majority of the U.S., California’s black market is by far the biggest
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 25, 2019

The illegal cannabis market in California is swelling with some serious momentum. News of a thriving black market in "the Golden State” might come as quite a surprise, considering the fact medical cannabis...

https://www.ecosia.org/images?q=china+cannabis#id=FFB809B4CFC8372F8FD002CC9B5968A70EA357F9

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...

Cannabis dispensaries in Las Vegas given permission to open social consumption lounges

Cannabis dispensaries in Las Vegas given permission to open social consumption lounges

Some of Las Vegas' social smoking lounges will extend over 8,000 square-feet
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 22, 2019

It looks like "Sin City" is saddling up for an exciting adventure into the legal cannabis industry, with the sight of social consumption lounges transpiring on the horizon.  A team of lawmakers at the...

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://eu.app.com/story/news/local/public-safety/2018/04/18/420-grateful-dead-legal-weed-new-jersey-marijuana-legalization-april-20/524569002/

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

Over the next decade, Gen Z'ers and Millennials are expected to spend $50 billion on cannabis products from North America's legal market
Bethan Rose Jenkins, Cannabis News Writer/Editorial May 4, 2019

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...

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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...

https://www.washingtontimes.com/news/2018/jan/5/earl-blumenauer-oregon-democrat-not-attend-state/

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

On January 9, the founder and co-chair of the Congressional Cannabis Caucus introduced H.R. 420, the Regulate Marijuana like Alcohol Act
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 29, 2019

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...

https://www.w3livenews.com/News/ReadArticle

Cannabis report: Baby boomers are paying more for weed

The 2018 State of Cannabis report demonstrates continued acceptance and de-stigmatization of cannabis across legal age groups
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 29, 2019

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...

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...

https://www.theepochtimes.com/attorney-general-barr-says-trump-campaign-was-spied-on_2874845.html

Attorney General Barr wants to tackle cannabis prohibition

Barr says that by eliminating the federal government from the situation, states can implement their own cannabis policies
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 24, 2019

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...

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