Cannabis News Box

Cannabis industry analyst says investor interest is moving from Canada to the States

Cannabis industry analyst says investor interest is moving from Canada to the States

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

Canada might have blown its chance to become a global pioneer in pot production, with investors seeking out opportunities south of the border. According to CIBC World Markets analyst John Zamparo, his firm has been in discussions with investors who have indicated they're shifting their attention from Canada to the ...

Cannabis companies are taking a keen interest in wellness trends

Cannabis companies are taking a keen interest in wellness trends

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 31, 2019

The cannabis wellness industry is booming, with the latest entry into the market coming from Canopy Growth. On Wednesday, May 22, the Canadian cannabis company announced its plans to purchase London-based skincare company This Works for $55.2 million. Canopy’s decision to include cannabis sleep and beauty products in its ever-expanding portfolio i...

Bank of America VP predicts a $166 billion cannabis market

Bank of America VP predicts a $166 billion cannabis market

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 31, 2019

Over the past decade, cannabis has filtered into the mainstream retail market. Broadscale legalization of the plant has contributed to a surge in investor interest, where cannabis investors traded pot stocks like Aurora Cannabis (NYSE:ACB), Innovative Industrial Properties (NYSE:IIPR) and Cronos Group (N...

More cancer patients are treating chronic pain with cannabis rather than opioids

More cancer patients are treating chronic pain with cannabis rather than opioids

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

Significantly more cancer patients are joining the rapidly expanding cannabis consumer demographic in America. Based on the results of a recent study published in Cancer, a larger proportion of patients who suffer from the debilitating and often fatal medical condition have used the cannabis plant ...

Treating borderline personality disorder with CBD: Is it an effective treatment?

Treating borderline personality disorder with CBD: Is it an effective treatment?

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

Could cannabis be a suitable treatment for borderline personality disorder (BPD)? Tough to treat, BPD is a condition that affects approximately 1.6 percent of adults in the United States. While over-the-counter (OTC) medications may provide some relief from the symptoms of BPD, they can also cause addi...

Florida bidder protests awarding of Missouri medical cannabis tracking contract

Florida bidder protests awarding of Missouri medical cannabis tracking contract

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

A company that wants to oversee the medical cannabis industry in Missouri has initiated a protest after the contract was bestowed upon a rival. Florida-based BioTrackTHC has filed a protest with medical cannabis regulators in regards to the "Show Me State's" decision to award a cannabis licensing and s...

Cannabis videos spark social media trend after garnering over three billion views

Cannabis videos spark social media trend after garnering over three billion views

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

April 20th, famed for being a "4/20 " celebration that unites cannabis connoisseurs around the world, has already been and gone this year. Nonetheless, the effects of the 2019 event are still being felt, what with the recent 4/20 celebration being hailed as the most profitable event for cannabis ret...

Will Generation Z Americans be the nation’s biggest cannabis consumers?

Will Generation Z Americans be the nation’s biggest cannabis consumers?

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 4, 2019

The 71 million people that constitute the Gen Z consumer demographic in the United States are making a significant impact on the American consumer economy. Approximately 31 million of those people are in the age range of 18-24. Based on a 2018 report by Research and Markets, Gen Z young adults generate an a...

Mexico plans to legalize recreational cannabis this October

Mexico plans to legalize recreational cannabis this October

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 3, 2019

It’s hard to ignore the rate at which the cannabis industry is growing, and it looks like Mexico could be next to enact legislation. In fact, recent reports have revealed how the North American country plans to legalize pot before October. Support for cannabis legalization in the U.S. has jumped from 25 percent in 1995 to 66 percen...

Black market weed in Canada is undercutting legal dried cannabis on price, Statistics Canada

Black market weed in Canada is undercutting legal dried cannabis on price, Statistics Canada

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 1, 2019

New crowdsourced data collected by Statistics Canada has revealed how Canada’s legal cannabis market is costing consumers more than the illicit market. In fact, post-legalization, black market buyers are paying an average of CAD$6.37 per gram. This is less than the average per-gram price of $6.79 pr...

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