Cannabis News Box

These 5 cannabis stocks will slash production in 2020

These 5 cannabis stocks will slash production in 2020

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...

Licensed cannabis stores can be verified by Californians using QR codes

Licensed cannabis stores can be verified by Californians using QR codes

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 13, 2020

California’s cannabis consumers can now feel more confident when purchasing their supply from one of the huge state’s long list of vendors. A unique application designed for use on smartphone devices will enable consumers to determine whether or not a dispensary is legitimately licensed to conduc...

Cannabis social equity applicants in San Francisco bag their first permits

Cannabis social equity applicants in San Francisco bag their first permits

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 9, 2020

During the middle of December, social equity applicants in San Francisco rejoiced, as they were awarded the first ever permits for launching cannabis businesses in the Californian metropolis; applications for cannabis permits were officially opened to equity applicants in 2018. The Cannabis Equity...

Cannabis social equity applicants in Illinois gain access to $21 million in loans

Cannabis social equity applicants in Illinois gain access to $21 million in loans

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 9, 2020

People living in Illinois who have been worst affected by the War on Drugs have been granted an entry point into the legal cannabis industry.  Based on recent reports, $21 million in taxpayer funded low-interest loans will be granted to state residents who wish to open a legal weed business with minimal investment. Fees paid by cannabis growers and dispensaries will be used to fund the loans. The ...

Alabama’s draft medical cannabis bill: What does it entail?

Alabama’s draft medical cannabis bill: What does it entail?

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 9, 2020

The vast majority of members who form Alabama’s Medical Cannabis Study Commission support a bill to legalize the plant for pharmaceutical purposes.  In an attempt to sway lawmakers' decisions on the regulation of cannabis-based products and plant cultivation, 12 members of the 18-strong Commission voted in...

Scientists say medicinal cannabis substitute could be useful in treating Parkinson’s disease

Scientists say medicinal cannabis substitute could be useful in treating Parkinson’s disease

Bethan Rose Jenkins, Cannabis News Writer/Editorial

January 9, 2020

Parkinson's Disease could soon be treated by a synthetic alternative to medical cannabis called HU-308. The drug is said to relieve the involuntary movements caused by dyskinesias; a side effect caused by years of treatment for the debilitating medical condition.  HU-308 – a non-psychoactive drug – was t...

More cannabis stores will open their doors in Ontario next year

More cannabis stores will open their doors in Ontario next year

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 30, 2019

As of January 2020, Ontario's cannabis consumers will have a steady supply of bud. The news comes following the Government of Ontario's amendment of cannabis regulations in the central Canadian province, where the plant was legalized along with the rest of the "Great White North" following the Cannabis A...

Canadian cannabis pioneer Canopy Growth hires Constellation Brands CFO as new CEO

Canadian cannabis pioneer Canopy Growth hires Constellation Brands CFO as new CEO

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 30, 2019

On Monday, December 9, Canopy Growth Corporation announced that David Klein – chief financial officer of Constellation Brands Inc. – will be taking on the role of the Canadian cannabis producer’s new chief executive. Klein will replace Mark Zekulin from January 14 onwards. Constellation Brands owns a ...

Tilray and Cronos report decline in per-gram weed prices

Tilray and Cronos report decline in per-gram weed prices

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 2, 2019

Two of Canada’s leading companies have reported a reduction in the per-gram price of cannabis in Canada’s legal market. Tilray, Inc. and Cronos Group released financial results for the third quarter on Tuesday, November 12.  Although both companies welcomed fair financial results, they each rep...

Transparency relating to cross-ownership of financial interests is “inadequate,” says Canadian cannabis regulator

Transparency relating to cross-ownership of financial interests is “inadequate,” says Canadian cannabis regulator

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 2, 2019

Recommendations to improve Canada’s cannabis industry transparency were recently published by regulatory bodies spread across seven provinces. Growth of the industry – which blossomed in October 2018 following the passing of Bill C-45 – has caused a number of transparency issues to crop up relatio...

Raphael Mechoulam speaks publicly about recent discoveries at CannMed 2019

Raphael Mechoulam speaks publicly about recent discoveries at CannMed 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 25, 2019

From September 23-24, 2019, the annual CannMed event took place in Pasadena, California. The event was house inside the Pasadena Convention Center and it featured an appearance from headlining speaker, Raphael Mechoulam. Around 50 different speakers and presenters made an appearance at CannMed 201...

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