Cannabis News Box

Aurora Cannabis awards bonuses to execs after posting multibillion-dollar loss
October 14, 2020

Millions of dollars worth of bonuses and raises were recently awarded to the leading company executives at Aurora Cannabis. Based in Alberta, Aurora confirmed the news upon the disclosing of figures for...

Malta’s medical cannabis supply issues have been resolved

Malta’s medical cannabis supply issues have been resolved
September 29, 2020

Just one month ago, the island nation of Malta encountered a shortage of high-THC medical cannabis flower. Fortunately, the country's 40,000 cannabis consumers are once again able to procure their medicine,...

Northwest Territories in Canada are slashing prices to overshadow illicit market

Northwest Territories in Canada are slashing prices to overshadow illicit market
July 30, 2020

Cannabis consumers in Canada’s Northwest Territories are being treated to reduced prices on pot products. The NWT's finance minister Caroline Wawzonek recently announced a plan that will cut the cost...

Tilray is shuttering its High Park Gardens cannabis greenhouse
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...

April sees some cannabis stocks sink and some skyrocket
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...

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

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

These 5 cannabis stocks will slash production in 2020
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...

Medical cannabis production in Italy predicted to almost triple this year
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...

Cannabis cultivation market will soar to $45.4 billion by 2026
Europe is following in North America's footsteps and is anticipated to become the fastest-growing cannabis cultivation market
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...

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
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...

Mexico plans to legalize recreational cannabis this October
Mexico could have significantly greater long-term sales potential for its cannabis market than Canada
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...

Weed and fizzy drinks are being eyed up on Wall Street
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...

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