Cannabis News Box

https://www.instylemag.com.au/kim-kardashian-cbd-themed-baby-shower

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...

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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...

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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...

https://insideyourira.com/investing-in-marijuana-stocks/

Invest in these cannabis stocks without touching the plant

According to New Frontier Data, the global cannabis market is worth $344 billion
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...

https://www.commdiginews.com/business-2/cannabis-act-canada-passes-103563/

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

If the legal cannabis market is to dominate without interruption from Canada's black market, more cultivators and processors must become operational
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...

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

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

Varying degrees of urgency will be applied to the reviewing of medical cannabis research applications in Canada
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...

https://www.puffpuffpost.com/first-nations-dispensary-dealer/

Canada’s federal government wants to draft rules for cannabis in First Nations

Prior to the roll-out of legal weed, the Canadian federal government did not engage with First Nations territories to discuss their slice of the pot pie; cannabis excise tax sharing
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 has been legal in Canada since...

Canadian cannabis company Aphria is capitalizing on Jamaicas cannabis industry

Canadian cannabis company Aphria is capitalizing on Jamaica’s cannabis industry

Bethan Rose Jenkins, Cannabis News Writer/Editorial August 21, 2019

On July 29, Canadian cannabis producer Aphria Inc. announced that it would be branching out into Jamaica's cannabis industry. The company, which is based in Leamington, Ontario, has already been given...

https://insideyourira.com/investing-in-marijuana-stocks/

Investing in cannabis: Is it a wise move to make?

“Over the next 12 months, I predict that every major institutional investor in the U.S. will make an investment in this industry," says the founder of a cannabis-focused private equity company.
Bethan Rose Jenkins, Cannabis News Writer/Editorial August 7, 2019

In 2018, investment banking and strategic advisory firm Viridian Capital Advisors announced that cannabis investments came close to the $14 billion mark. This is a major increase from the $3.5 billion...

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Ex-Rep. Rohrabacher says that the U.S. federal government is focused on legalizing cannabis

The former American politician thinks that federal restrictions on cannabis will be lifted as soon as next year
Bethan Rose Jenkins, Cannabis News Writer/Editorial June 27, 2019

It's only a matter of time before cannabis becomes legal at the federal level in the United States. Congress has been weighing up the pros and cons of legalization for quite some time now and former...

https://www.thealternativedaily.com/should-you-invest-in-marijuana/

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

CIBC World Markets analyst John Zamparo says the current situation concerning cannabis' legal status in the United States is causing a “temporary inconvenience” for a lot of investors hoping to cash in on the green rush
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...

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Cannabis companies are taking a keen interest in wellness trends

The CEO and president of Alternative Hospitality Inc., Roger Bloss, has gone a step further by developing a portfolio of cannabis-inspired hotels for the health and wellness industries
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...

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