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Cannabis News Box

Cannabis News Box

Cannabis News Box

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Cannabis sales surpass alcohol for first ever time in Massachusetts

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 31, 2022

New data published by the Cannabis Control Commission for 2021 has confirmed that, for the first time ever, Massachusetts’ recreational cannabis program pulled in more excise taxes than the alcohol industry. Massachusetts...

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Cannabis consumers will soon be able to purchase their buds with cryptocurrency

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 31, 2022

As cannabis legalization continues to sweep across the United States, the subject of payment is being discussed more frequently. There's no denying the fact that legal roadblocks are preventing cannabis...

Arizona's recreational cannabis market attracted $520 million in revenue last year

Arizona’s recreational cannabis market attracted $520 million in revenue last year

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 31, 2022

On January 22, Arizona celebrated one year of its recreational cannabis market and, based on data published by the state’s Department of Revenue, the industry racked up $520 million worth of sales in...

https://thehappycampers.com/news/legal-cannabis-is-coming-to-new-york/

New York cannabis retail opportunities emerge following expiration of opt-out deadline

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 31, 2022

New York State, which legalized adult-use cannabis in March, is on-track to generate a rather sizable $1.25 billion in cannabis taxes and fees within the next half-dozen years. A recently published...

https://www.medscape.com/viewarticle/924964

Laboratory studies reveal that hemp compounds could prevent COVID-19

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 30, 2022

Could cannabinoids help fight the SARS-CoV-2 coronavirus? According to new research carried out by a team at the University of Chicago, quite possibly. Lead researcher Marsha Rosner claims that the...

https://marijuanastocks.com/banking-in-the-marijuana-industry/

Study: Legal cannabis states are more likely to engage in banking activity

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 30, 2022

The cannabis industry is thriving, with the United States market yielding $40 billion$40 billion in 2021 alone. Nonetheless, the plant's illegal status means that banks are unlikely to take on the risk...

http://cannabistechpr.com/2018/07/01/israel-cannabis-tech/

Medical cannabis research effort being promoted by Hebrew University of Jerusalem and TechforCann Europe Accelerator

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 30, 2022

Hebrew University of Jerusalem's Technology Transfer Company Yissum and Multidisciplinary Center for Cannabinoid Research (MCCR) have publicized a newly-inked collaboration with TechforCann Europe Accelerator...

https://www.healtheuropa.eu/medical-cannabis-research-leader/87243/

Tilray snaps up two more craft beer brands for $5.1 million, expands product offering

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 30, 2022

Canadian cannabis producer Tilray Inc. has closed two previously-confirmed deals to purchase Alpine Beer Co. and Green Flash Brewing.  On December 17, the Canadian cannabis producer completed an acquisition...

https://abovethelaw.com/2018/03/cashed-and-counting-california-starts-crackdown-on-gray-marijuana-marketplace/

California’s healthcare providers are concerned about the federal repercussions of Ryan’s Law

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 30, 2022

On September 28, 2021, Gov. Gavin Newsom signed Senate Bill 311, otherwise known as "Ryan's Law ." On January 1, the measure was officially enacted. This interesting piece of legislation grants terminally...

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Costa Rica’s president vetoes medicinal cannabis measure

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 30, 2022

Back in October, Costa Rica's Congress legalized cannabis for medicinal purposes across the Caribbean Sea- and Pacific Ocean-bordered country.  The measure passed in spite of opposition from conservative...

Mississippi Senate stands out against Governor’s veto threat by legalizing medical cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 30, 2022

On the morning of January 13, a 46-5 vote in favor of Senate Bill 2095, the Mississippi Medical Cannabis Act, saw the State Senate legalize the federally illegal plant for recreational purposes. Then,...

https://www.commdiginews.com/business-2/cannabis-act-canada-passes-103563/

Retail cannabis sales in Canada sank to $279 million in November

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 29, 2022

Canada's cannabis industry, which has been active since the passing of the Cannabis Act in October 2018, seems to be going through a slightly stagnant period.  Recent sales figures published by Canada’s...

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