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...

Transparency relating to cross-ownership of financial interests is “inadequate,” says Canadian cannabis regulator

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 2, 2019

Recommendations to improve Canada’s cannabis industry transparency were recently published by regulatory bodies spread across seven provinces. Growth of the industry – which blossomed in October 2018 following the passing of Bill C-45 – has caused a number of transparency issues to crop up relatio...

Raphael Mechoulam speaks publicly about recent discoveries at CannMed 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 25, 2019

From September 23-24, 2019, the annual CannMed event took place in Pasadena, California. The event was house inside the Pasadena Convention Center and it featured an appearance from headlining speaker, Raphael Mechoulam. Around 50 different speakers and presenters made an appearance at CannMed 201...

Tilray is taking its CBD partnership With Anheuser-Busch InBev to the next level

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 23, 2019

Tilray (NASDAQ: TLRY) and Anheuser-Busch InBev (NYSE: BUD) are on a mission to dominate the growing CBD market. The Canadian cannabis producer and American brewing giant have announced that they will continue collaborating for the production and marketing of CBD-infused beverages. Drinks developed ...

Governor approves California’s cannabis tax fairness bill, dismisses cannabis in hospitals

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 23, 2019

On Saturday, October 12, California Governor Gavin Newsom (D) revealed that he had signed numerous cannabis-related bills into effect. One of those bills will permit legal cannabis companies to benefit from additional tax deductions. Up until Gov. Newsom approved of the bill, cannabis cultivators,...

Nevada governor to ramp up restrictions for legal cannabis marketplace

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 23, 2019

On Friday, October 11, Democratic Governor Steve Sisolak of Nevada revealed that he would be enforcing tighter regulations for the state's budding legal cannabis market. The news comes following reports of foreign national funneling donations towards the election of two political candidates in 2018. Bo...

Cannabis breathalyzer devices set to hit the market in 2020

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 23, 2019

Drunk drivers are usually the ones who are faced with a breathalyzer test when caught driving under the influence but now, cannabis consumers will be breathalyzed too. Two companies – Hound Labs of California and a Canadian company called SannTek – are working hard to prevent instances of driving...

Canada’s cannabis industry contributed $8.26 billion to country’s GDP as of July

October 17, 2019

This month, Statistics Canada released information detailing the economic influence that legalization has had on Canada’s economy. By July 2019, a whopping $8.26 billion was contributed to the country's gross domestic product (GDP) from legal cannabis sales. This is a noticeable increase from the $...

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

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?

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

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 ...