Cannabis News Box

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Italy prepares to decriminalize recreational cannabis and home growing

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 16, 2021

The European country of Italy is gearing up to decriminalize cannabis for adult-use purposes. Should the reform effort be approved by lawmakers, Italy would join the Czech Republic and Spain in legalizing...

State report shows that Arizona cannabis tax revenue surpassed $20 million in August

State report shows that Arizona cannabis tax revenue surpassed $20 million in August

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 14, 2021

Newly published sales state data for Arizona's cannabis market confirms that medical and adult-use revenue exceeded $20 million for the month of August.  Taxes accrued through Arizona's medical cannabis...

Nevada cannabis companies prepare consumption lounges to serve hordes of tourists

Nevada cannabis companies prepare consumption lounges to serve hordes of tourists

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 14, 2021

Nevada cannabis companies are getting ready to welcome an influx of 420-loving tourists in 2022. Why? Because, following the enactment of a new state law, the home state of Las Vegas is planning to open...

Biden’s vaccine mandate expected will apply to cannabis industry workers

Biden’s vaccine mandate expected will apply to cannabis industry workers

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 14, 2021

Just because the cannabis industry is not federally legal, it doesn't mean that the booming sector will be able to avoid Biden's vaccine mandate.  On Thursday, September 9, President Joe Biden declared...

Biden's Drug Czar is pushing to simplify the process of psychedelic substance research

Biden’s Drug Czar is pushing to simplify the process of psychedelic substance research

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 14, 2021

On Thursday, August 31, the Biden administration suggested rule changes to the federal drug scheduling system that could potentially streamline the process of researching Schedule I controlled substances. Included...

https://marijuanastocks.com/banking-in-the-marijuana-industry/

Merrill Lynch is gearing up to accept more clients with cannabis-related assets

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 13, 2021

World-renowned wealth management firm Merrill Lynch is adopting a more relaxed stance towards cannabis-related businesses. According to a recent report, the firm is planning on accepting more clients that...

New low-THC Texas medical cannabis law opens the door for more qualifiers

New low-THC Texas medical cannabis law opens the door for more qualifiers

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 13, 2021

Cannabis products containing low amounts of the psychoactive compound THC (tetrahydrocannabinol) will now be made available to hundreds of thousands more eligible Texans. The rule change has been adopted...

https://lincolncityhomepage.com/youth-marijuana-use-prevention-campaign/

NIH-funded study suggests that youth cannabis consumption does not rise after legalization

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 12, 2021

Youth cannabis consumption does not rise after states introduce medical or recreational laws. This is according to a team of researchers, who recently published their findings in the Journal of the American...

Schumer’s cannabis reform bill may benefit some companies more than others, say experts

Schumer’s cannabis reform bill may benefit some companies more than others, say experts

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 12, 2021

Over the last few months, Senate Majority Leader Chuck Schumer has constantly reaffirmed his mission to federally deschedule cannabis across the United States. In order to accomplish this task, he has...

http://marijuana.heraldtribune.com/2014/11/24/massachusetts-push-grows-full-cannabis-legalization/

Adult-use cannabis sales in Massachusetts top $2 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 12, 2021

Legal cannabis sales in Massachusetts have surpassed the $2 billion mark since the state's recreational cannabis market kicked off in late 2018. This is according to the Cannabis Control Commission, which...

https://www.nbcnews.com/news/us-news/thomas-fire-largest-wildfire-record-california-finally-contained-n837411

West Coast cannabis cultivators are battling the ongoing threat of wildfire and smoke

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 11, 2021

Cannabis cultivators residing on the West Coast have come to terms with the fact that their summer-fall crops are likely to face unavoidable smoke damage due to wildfires.  Since July, blazing infernos...

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

Canada’s retail cannabis sales hit a new record of CAD$318.7M in June

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 11, 2021

The Canadian cannabis market is on fire. In June, retail sales of recreational cannabis approached CAD$318.7 million. Equivalent to USD$246.9 million, this amount represents a 1.7 percent increase from...

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