Israeli government awards tender for the operation of a medical cannabis incubator
Bethan Rose Jenkins, Cannabis News Writer/Editorial
January 27, 2020
A hi-tech medical cannabis incubator located in Yeruham has bagged the Israeli Government Tender. Awarded by the Israel Innovation Authority, the tender was bestowed upon OurCrowd, Perrigo and BOL Pharma. Ourcrowd is Israel’s leading venture capital investor, whereas Perrigo is acknowledged as the l...
Curaleaf ‘upsizes’ debt offering by $25 million more than initially anticipated
Bethan Rose Jenkins, Cannabis News Writer/Editorial
January 24, 2020
A new credit facility has been secured by multistate cannabis operator Curaleaf. Based in Massachusetts, the company announced on Wednesday, January 15 that it would gain access to $300 million from an affiliation of lenders; names were not revealed. Based on the official notes for Curaleaf’s ...
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
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
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
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?
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...
Recreational cannabis sales in Michigan surpass $3 million within initial two weeks of launch
Bethan Rose Jenkins, Cannabis News Writer/Editorial
January 9, 2020
The novelty didn’t wear off for recreational cannabis consumers in Michigan during the second week of sales. According to recent data from the state Marijuana Regulatory Agency, sales pulled in by licensed cannabis vendors in Michigan reached $3.1 million among all legitimate selling locations. Figures f...
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
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
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
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...
Airports just got friendlier to CBD consumers... https://bit.ly/2WlZyS7
Oregon has thousands of pounds of excess weed, more than the state can even consume https://bit.ly/2Weh4Es
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Bethan Rose Jenkins, Cannabis News Writer/Editorial
February 7, 2020
A working group cannabis study is in the pipeline for the Cherokee Nation; a group of southeastern woodland Indians best known for being farming people. The focal point of...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
September 6, 2019
The lead minister working on the Canadian federal government's cannabis file has been discussing hashing out regulatory framework for First Nations in Ottawa. Cannabis...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
February 12, 2020
The cannabis consumer demographic might be growing, but not enough people actually know what’s in their stash. This is according to a nonprofit organization called the Cannabis...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
February 10, 2020
On January 31, 2020, Whoopi Goldberg officially resigned from the board of her cannabis company - 'Whoopi & Maya'. In pictures, the entrepreneurial partnership appears...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
January 27, 2020
He started playing the violin at the tender age of five, before progressing to the role of lead guitarist for his band Santana. Now, Carlos Santana is stepping into green...