Cannabis News Box

Tilray is shuttering its High Park Gardens cannabis greenhouse

https://seekingalpha.com/article/4189460-cannabis-comparisons-tilray-vs-competition

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 3, 2020

The Chief Executive Officer (CEO) of Tilray has backed out on a deal to grow cannabis from its High Park Gardens facility in Leamington, Ontario. A British Columbia-headquartered cannabis cultivator, Tilray is the latest in a string of Canadian businesses to reveal it will be closing the doors of its ...

April sees some cannabis stocks sink and some skyrocket

http://marijuanastocks.com/4-marijuana-stocks-to-keep-an-eye-on-heading-into-2018/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 22, 2020

We may not be done with April just yet, but this month has already been a bit of a rollercoaster ride for cannabis stocks. It's understandable, considering the fact that the economic climate is being battered by coronavirus (COVID-19) right now. On one particular day – April 15 – the rollercoas...

Three major Canadian cannabis producers are facing U.S. lawsuits

Three major Canadian cannabis producers are facing U.S. lawsuits

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 27, 2020

Aurora Cannabis, Canopy Growth, and Hexo Corp. are usually making headlines for their dominance in the Canadian cannabis sector. These three companies are acknowledged as the largest cannabis producers in Canada; where the plant was legalized completely in 2018 following the passing of the Cannabis Act...

These 5 cannabis stocks will slash production in 2020

http://marijuanastocks.com/4-marijuana-stocks-to-keep-an-eye-on-heading-into-2018/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 13, 2020

The year 2020 brings pot investors a stroke of bad luck. According to data from the Marijuana Index – which monitors cannabis industry stocks – a 63 percent reduction in 45 of the leading North American cannabis stocks has been noticed since April 1.  Such a drastic decrease has been attribut...

Medical cannabis production in Italy predicted to almost triple this year

http://420intel.com/regional/italy

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 10, 2020

As much as triple the amount of medical cannabis in Italy will be domestically produced throughout 2020. This is according to the Italian Ministry of Health's recently announced plans. Based on the details of Italy's psychotropic substances quota – which includes language pertaining to medical cannabis – the ...

Cannabis cultivation market will soar to $45.4 billion by 2026

http://hempbeach.com/washington-applicants-seek-marijuana-grow-licenses-more-than-retail/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 25, 2019

Cannabis cultivators are expected to reap what they sow on a monumental scale, what with market demand soaring. Based on a recent report by Grand View Research, Inc., the global market size for cultivation will top $45.4 billion by 2026. This figure suggests that the global cannabis cultivation market will i...

Bank of America VP predicts a $166 billion cannabis market

http://thehybridcreative.com/california-sales-tax-filing-for-cannabis-products/

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...

Mexico plans to legalize recreational cannabis this October

https://www.theyucatantimes.com/2019/02/mexico-legalizes-marijuana-for-recreational-purposes/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 3, 2019

It’s hard to ignore the rate at which the cannabis industry is growing, and it looks like Mexico could be next to enact legislation. In fact, recent reports have revealed how the North American country plans to legalize pot before October. Support for cannabis legalization in the U.S. has jumped from 25 percent in 1995 to 66 percen...

Weed and fizzy drinks are being eyed up on Wall Street

https://seekingalpha.com/article/4164042-u-s-government-made-marijuana-stocks-top-priority-investors

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 24, 2019

Cannabis is a hot topic on Wall Street right now, where three cannabis stocks are currently trading on the New York Stock Exchange (NYSE). However, it’s not just weed that’s expected to shake up the stock market in 2019 but also, soda and video games. Let’s take a closer look at what Wall Stree...

Aurora Cannabis churns out 11,000 pounds of weed in 3 months, causing stocks to skyrocket 2,800 percent

Aurora Cannabis churns out 11,000 pounds of weed in 3 months, causing stocks to skyrocket 2,800 percent

Bethan Rose Jenkins, Cannabis News Writer/Editorial

November 26, 2018

Canadian cannabis company Aurora cannabis has revealed how legal weed sales revenue soared 260 percent over the last year. Production also swelled to meet a rise in demand, with the company yielding a whopping 4,996 kilograms of cannabis. That’s the equivalent of 11,000 pounds. Compared to the...

Canada’s legal cannabis industry is not without risk

Canada's legal cannabis industry is not without risk

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 29, 2018

Since Canada’s Senate approved amendments to Bill C-45 (the Cannabis Act) on June 19, the legal cannabis industry has gone full steam ahead. As the world’s first industrialized country to legalize cannabis fully, Canada is under a lot of pressure to prove that cannabis reform is worthwhile. Consumer...

Jeff Sessions might make cannabis stock investors wealthy

https://www.thestranger.com/weed/2017/08/16/25348810/what-is-jeff-sessions-smoking

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 21, 2018

If there is one thing that U.S. Attorney General Jeff Sessions is best known for, it’s probably his opposition to cannabis legalization. Despite this, Sessions could potentially aid cannabis investors in raking in the cash over the next few years, so it seems. There aren’t many industries that experien...

Aurora Cannabis