Cannabis News Box

Biotechnology company slammed with $881 million synthetic cannabinoid lawsuit

Biotechnology company slammed with $881 million synthetic cannabinoid lawsuit

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 28, 2020

In March 2019, a $300 million joint business partnership was struck between Amyris and LAVVAN for the development of synthetic cannabinoids. The research, collaboration and license agreement has taken...

Wall Street is no longer screening job applicants for cannabis

Wall Street is no longer screening job applicants for cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 18, 2020

Newly-hired Wall Street employees no longer need to undergo cannabis drug testing, based on a recent report by Business Insider. The report, which saw reporters consult with officials at seven major banks...

IRS publicizes updated tax-payment guidance for cannabis companies

IRS publicizes updated tax-payment guidance for cannabis companies

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 18, 2020

An online resources page dedicated to the legal cannabis industry has been published by the Internal Revenue Service (IRS). The primary goal of this cannabis tax payment guidance – which was prompted...

Wildfires pose a major concern for Oregons cannabis business owners

Wildfires pose a major concern for Oregon’s cannabis business owners

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 18, 2020

Camouflaged in a cloak of smoke, thousands of evacuees recently abandoned their homes in Oregon. Wild fires have continuously ravaged the state's naturally abundant landscape since the Oregon Department...

https://www.marijuana.com/news/2017/12/whoa-cannabis-business-owner-actually-gets-his-seized-assets-back/

July’s adult-use cannabis sales revenue boosts economy in Illinois, Maryland and Massachusetts

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 15, 2020

A recent revenue report highlighting Massachusetts, Illinois and Maryland's cannabis sales for the month of July has delivered some fascinating insights. Since October, BDSA – a trusted resource for...

Arizonas adult-use cannabis initiative is making headway

Arizona’s adult-use cannabis initiative is making headway

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 15, 2020

On Thursday, August 20, a voter initiative to legalize a commercial and regulated adult-use cannabis program in Arizona was approved by the Arizona Supreme Court. The successful ruling means that the proposal...

Coronavirus is stimulating a wave of new job opportunities in the U.S. cannabis space

Coronavirus is stimulating a wave of new job opportunities in the U.S. cannabis space

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 15, 2020

In the midst of national economic downturn, the rise of cannabis couldn't have come at a better time. Despite the virus pandemic that has slowed much of the global economy down, medical and adult-use cannabis...

https://www.potnetwork.com/news/michael-krawitz-leaves-no-soldier-behind-executive-director-veterans-medical-cannabis-access

Adult-use cannabis sales in the U.S. are overshadowing medical cannabis sales

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 15, 2020

The number of medical cannabis markets in the United States may far outweigh recreational programs, but industry revenue updates suggest that adult-use sales will be 30 percent more than medical this year.   According...

Survey suggests that 81 percent of Mississippians back medical cannabis legalization

Survey suggests that 81 percent of Mississippians back medical cannabis legalization

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 15, 2020

A survey recently carried out by FM3 Research – a strategic cannabis industry insight company headquartered in California – has shone some interesting insights on Mississippians' views about legalization. Based...

https://hightimes.com/news/oklahoma-medical-marijuana-moving-toward-november-ballot

Oklahoma rakes in 1.5 times more medical cannabis taxes than all of 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 15, 2020

Excise taxes gleaned through Oklahoma's medical cannabis program this past August have demonstrated a major increase in revenue from the month prior. This is according to the Oklahoma Medical Marijuana...

https://thecbdvalley.com/wp-content/uploads/2019/03/medmen-696x481.jpg

MedMen application for cannabis store license turned down by California officials

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 15, 2020

Multistate cannabis operator MedMen Enterprises has been in hot water since the company's top executives faced a $20 million lawsuit last year. In recent news, the Los Angeles-based cannabis MSO has been...

Pakistan celebrates historical moment as industrial cannabis and hemp use gains approval

Pakistan celebrates historical moment as industrial cannabis and hemp use gains approval

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 10, 2020

Pakistan is taking strides towards becoming a rival market for other global cannabis hotspots. Why? Because on September 1, the domestication and commercialization of medicinal and industrial cannabis...

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