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
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 31, 2019
Filed under Culture
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
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
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 13, 2019
Filed under Research
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?
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 13, 2019
Filed under Research
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
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 13, 2019
Filed under Medical cannabis
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
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 13, 2019
Filed under Culture
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?
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 4, 2019
Filed under News, Social cannabis
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
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 3, 2019
Filed under Global
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
Bethan Rose Jenkins, Cannabis News Writer/Editorial
May 1, 2019
Filed under Global
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...
Merrill Lynch initiates cannabis sector coverage and predicts more cross-border deals
Bethan Rose Jenkins, Cannabis News Writer/Editorial
April 30, 2019
Bank of America Merrill Lynch recently amplified its interest in the legal cannabis industry after it released a report that predicts two significant events likely to cause a paradigm shift: an end to federal prohibition in the U.S. and cannabis oversupply issues by 2021. “Importantly, whether leg...
Supreme Cannabis launches a cannabis genetics company Cambium Plant Sciences
Bethan Rose Jenkins, Cannabis News Writer/Editorial
April 29, 2019
Filed under Global
On Monday, April 22, The Supreme Cannabis Company, Inc. announced its plans to launch Cambium Plant Sciences in Goderich, Ontario. Cambium is a wholly-owned subsidiary of Toronto-based pharmaceutical company Supreme Cannabis. Also included in Supreme Cannabis' portfolio is its multi-award-winning brand 7...
Airports just got friendlier to CBD consumers... https://t.co/SKL8IMID0T
Understanding where California's marijuana tax money goes https://t.co/VrKk4OFa4q
Oregon has thousands of pounds of excess weed, more than the state can even consume https://t.co/lTaBMRSot9
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Bethan Rose Jenkins, Cannabis News Writer/Editorial
January 14, 2019
National Access Cannabis Corp has a lot in store for 2019, with the Canadian company recently securing a loan valued at CAD$9,000,000.00. A pioneer in delivering secure,...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
December 21, 2018
A minimum age for cannabis consumption in Six Nations has been confirmed by the Nations’ elected-band council. Individuals aged 21 and above will have the opportunity...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
June 14, 2019
As New York inches closer to legalizing recreational cannabis, employers are contemplating rewriting their drug testing policies. With a CBS News poll revealing how 65...
Bethan Rose Jenkins, Cannabis News Writer
June 14, 2019
Cannabis extracts are growing in popularity and with the rise in demand comes a rise in Curaleaf's revenue. The cannabis company, which prides itself on producing clean...
Bethan Rose Jenkins, Cannabis News Writer/Editorial
June 14, 2019
According to a press release published by MedMen Enterprises Inc. at the end of April, the cannabis company has finalized its initial $80 million funding round of a $250,000...