Cannabis News Box

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

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

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, was behind the decision. Responsible for producing some of the most iconic beer, spirits and wine brands in ...

The Democratic debates have yet to feature cannabis

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 too happy about that. “I am absolutely disappointed that wasn’t an issue when you see voters t...

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

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

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 to safeguard state-legal cannabis programs. It was the first time that a congressional chamber victoriously voted in favor of pro...

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

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

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 Amendment 64, which went into effect in January of 2014. With it being one of the early movers in ter...

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

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

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 voted to legalize adult-use cannabis with a vote of 66-47. The measure that will legalize recreati...

Governors call for Congress to pass STATES Act

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 (D-Colo.), would make it so cannabis is no longer illegal at the federal level and would allow st...

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

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

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 firm has been in discussions with investors who have indicated they're shifting their attention from Canada to the ...

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

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

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 legislation to legalize medical cannabis in California under Proposition 215 in 1996. “Find...

Researchers from University of Vermont discover cannabis’ origins

Researchers from University of Vermont discover cannabis’ origins

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 following a study conducted by researchers from the University of Vermont, "cannabis flourishes in steppe – an open, treeless habitat."...

Medical cannabis expansion bill passes Texas Senate

Medical cannabis expansion bill passes Texas Senate

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 joy following a successful vote in the Senate to advance the bill on Wednesday, May 22. The bill,...

Bank of America VP predicts a $166 billion cannabis market

Bank of America VP predicts a $166 billion cannabis market

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 stocks like Aurora Cannabis (NYSE:ACB), Innovative Industrial Properties (NYSE:IIPR) and Cronos Group (N...

Giving cannabis companies banking access would save the government money

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 actually save the government money. Furthermore, it would contribute to a huge increase in business for banks and credit unions ar...

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