Cannabis News Box

New Zealand is leaning towards recreational cannabis legalization for 2020

New Zealand is leaning towards recreational cannabis legalization for 2020

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 3, 2019

A vote set to take place in November 2020 could result in adult-use cannabis being legalized throughout New Zealand.  The news comes after Prime Minister Jacinda Ardern revealed his plans to host a referendum for recreational cannabis legalization in New Zealand; $13.4 million dollars has been f...

CBD as a post-workout recovery tool: What the research says

CBD as a post-workout recovery tool: What the research says

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 3, 2019

Athletes and fitness fanatics are swapping workout supplements for CBD. An influx of CBD products are entering the market following the removal of this non-psychoactive cannabinoid from the list of banned substances for professional athletes.  This reclassification of CBD was effectuated by the World Anti-D...

How will artificial intelligence (AI) bolster the cannabis industry?

How will artificial intelligence (AI) bolster the cannabis industry?

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 30, 2019

With each day that passes, the world is becoming more technologically advanced. Cannabis, just like many other industries, is starting to capitalize on the development of artificial intelligence (AI) technologies. As a considerably fast-paced industry that is constantly evolving and spreading across t...

Cannaquest Medical Corp. files international patent for formulated cannabis/botanical product

Cannaquest Medical Corp. files international patent for formulated cannabis/botanical product

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 30, 2019

A company that specializes in the development of nutraceuticals and one-of-a-kind health products has just filed an international cannabis/botanical patent. The company's name is CanaQuest and its most recent move in the cannabis industry was made possible, thanks to a sponsored research program at ...

Puerto Rico’s wholesale medical cannabis sales steered by edibles

Puerto Rico’s wholesale medical cannabis sales steered by edibles

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 30, 2019

Cannabis-infused edibles are taking the legal market by storm and, according to recently published data by LeafLink, Puerto Rico is cashing in on the rise of edible weed. Edible cannabis products constituted one-third of all wholesale sales in Puerto Rico in recent times.  Compared to other states th...

Tilray signs deal to purchase Canadian adult-use cannabis retailer

Tilray signs deal to purchase Canadian adult-use cannabis retailer

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 30, 2019

Major player in the Canadian legal cannabis space, Tilray, is broadening its horizons. The global leader in cannabis research, cultivation, production, and distribution has set its sights on Alberta, where a thriving adult-use market is transpiring. In its most recent deal, Tilray confirmed its entry into Alberta...

Kim Kardashian says she doesn’t need Xanax anymore, thanks to CBD

Kim Kardashian says she doesn’t need Xanax anymore, thanks to CBD

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 30, 2019

Kim Kardashian – the spouse of music mogul Kanye West and billionaire celebrity businesswoman – has declared her approval of CBD.  She wasn't shy to integrate CBD with the theme of her most recent baby shower and, according to recent news, she has further solidified her support for the non-psy...

Fault with Illinois cannabis law could mean delays in reaping tax revenue

Fault with Illinois cannabis law could mean delays in reaping tax revenue

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 30, 2019

Illinois' cannabis law is flawed, according to lawmakers. The state, which legalized the plant for recreational use and sale on May 31, 2019, could be left scraping for profit if the glitch isn't straightened out soon. Following the passing of the Illinois Cannabis Regulation and Tax Act by the Ill...

Utah legislature votes to stop state-run medical cannabis distribution system

Utah legislature votes to stop state-run medical cannabis distribution system

September 30, 2019

Earlier his month, the Utah State Legislature successfully voted to overthrow a state-run medical cannabis distribution system. During the session, both the House and the Senate voted to approve Utah's cannabis bill amendment. "This goes a long way toward honoring that promise" of medical cannabis for ...

Invest in these cannabis stocks without touching the plant

Invest in these cannabis stocks without touching the plant

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 25, 2019

The diversity of the cannabis market is luring an increasing number of investors. In 2018, $10 billion had been invested in North America’s legal weed industry, let alone the markets blossoming elsewhere around the globe. While some cannabis investors prefer to get up-close and personal with the pla...

Canada’s illicit cannabis market has shrunk 21 percent since legalization

Canada’s illicit cannabis market has shrunk 21 percent since legalization

September 23, 2019

Fresh data from Statistics Canada has painted a pretty insightful picture of the positive repercussions associated with December's passing of the Cannabis Act.  Based on data released by analysts in Statistics Canada's second-quarter financial report, the North American country's black market is being...

Health Canada vows to deal with backlog of medical cannabis research licenses

Health Canada vows to deal with backlog of medical cannabis research licenses

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 11, 2019

Delays in cannabis research licensing are plaguing Canada, as well as the United States.  Health Canada has been criticized for its sluggish approach to reviewing cannabis research licenses, with reports stating that over 250 applicants were awaiting review in July.  The green plant was lega...

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