Cannabis News Box

Signs that more U.S. states could legalize cannabis next year

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 30, 2020

In the midst of a virus pandemic that has created division in belief systems and sluggishness in global supply chains, the U.S. cannabis industry is booming. So much so, in fact, that states are taking strides towards minimizing criminal penalties for cannabis consumption and possession. At this crit...

Colorado’s cannabis sales break records with $1.75B in 2019

https://www.kktv.com/content/news/Colorado-House-OKs-bill-on-medical-marijuana-use-for-autism-505519161.html

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 9, 2020

Colorado's cannabis industry might have looked like it was sinking this time last year. However, based on recently published data from the Colorado Department of Revenue, the state's market is seeing a rapid surge in growth and stability.  In 2019, cannabis retail stores in Colorado pulled in almo...

The black market for cannabis is overshadowing the legal market in North America

https://en.wikipedia.org/wiki/List_of_sovereign_states_and_dependent_territories_in_North_America

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 21, 2019

North America's legal cannabis market is undoubtedly thriving, but so is the black market. New Frontier Data – an independent analytics company specializing in the cannabis sector – thinks that illegally-operating cartels are capable of bagging more customers than their legal opponents, moving forward. ...

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

https://www.ecosia.org/images?q=global+cannabis#id=FB829B6A1567BDDF0A86027E08BAD9302064B187

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 to a $15 billion valuation that analysts predict the cannabis market will yield in 2019. A rec...

Boulder’s cannabis data leader BDS Analytics scoops $3.5 million investment

Boulder’s cannabis data leader BDS Analytics scoops $3.5 million investment

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 3, 2018

One of the cannabis industry’s leaders in data repository has managed to bag a rather sizeable investment of $3.5 million. The Boulder-based company is BDS Analytics. With an investment of this magnitude, BDS can transform its dreams of expanding on a national and international scale into a reality. The funds will be ...

Italy is predicted to pull in $1.2 billion in cannabis sales by 2027

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

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 10, 2018

Italy is on its way to raking in $1.2 billion in cannabis sales by 2027. The country’s blossoming cannabis industry ranks second in the entire European market, with Germany assuming its position as the leader. This information is based on The Road Map to a $57 Billion Worldwide Market.  ArcView Market Resear...

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