Cannabis News Box

Study suggests Americas approach to cannabis is still overly racist

Study suggests America’s approach to cannabis is still overly racist

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

A new study published by the American Civil Liberties Union (ACLU) suggests that black people are 3.6 times more likely to be arrested for cannabis possession than white people living in the United States.  Composed...

https://www.marijuana.com/news/2018/04/new-mexico-medical-marijuana-program-tops-50k-patients/

New Mexico’s medical cannabis patients racked up more than $200 million in sales last year

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

Fresh sales figures have been released for New Mexico’s Medical Cannabis Program, which attracted $92 million in sales revenue during the first six months of 2020. Based on the most recent update, combined...

Jazz Pharmaceuticals snaps up medical cannabinoid firm GW Pharma for $7.2 billion

Jazz Pharmaceuticals snaps up medical cannabinoid firm GW Pharma for $7.2 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

On Wednesday, February 3, Jazz Pharmaceuticals Plc. announced that it had agreed to purchase GW Pharmaceuticals plc in a cash-and-stock deal valued at $7.2 billion.  The goal of this deal is to incorporate...

https://www.kktv.com/content/news/Colorado-House-OKs-bill-on-medical-marijuana-use-for-autism-505519161.html

Colorado’s cannabis sales approach $10 billion since the market’s inception

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

Colorado, which boasts one of the largest and well-established legal cannabis markets on the planet, has reached a sales milestone. Based on new figures published by the State Department of Revenue, the...

https://marketrealist.com/2019/12/marijuana-legalization-can-virginia-expect-it-in-2020/

Virginia lawmakers approve landmark adult-use cannabis legalization measures

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

On Friday, February 5, legislation that would legalize cannabis for recreational purposes was approved by both chambers of the Virginia General Assembly. However, retail sales are not expected to begin...

https://www.kpff.com/portfolio/project/washington-state-university-wsu--breslford-visitors-center

Report: Washington state economy receives $2 billion annually from cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

A fresh report, titled “2020 Contributions of the Washington Cannabis Sector,” suggests that the cannabis industry is a significant merit to the Pacific Northwest state’s economy. Conducted by...

Report illustrates $28B billion growth in global legal cannabis market between 2020 and 2024

Report illustrates $28B billion growth in global legal cannabis market between 2020 and 2024

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

A new report titled, "Global Legal Cannabis Market 2020-2024," has been released by leading market research and advisory company Technavio. The in-depth analysis encompasses the growing acceptance of cannabis...

https://marijuanastocks.com/actions-place-decriminalize-cannabis-kansas/

Kansas Governor pushes for medical cannabis legalization to fund Medicaid expansion

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

Governor Laura Kelly (D) of Kansas has a new plan underway to legalize medical cannabis across the state. Revenue generated through a legal cannabis program could be used to fund Medicaid expansion, says...

http://cannabisbusinessnow.com/new-mexico-legalization-way/

New Mexico Department of Health’s medical cannabis regulations overturned by judge

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

A New Mexico district judge has ruled that directives written by the state Department of Health regarding medical cannabis program oversight were not evidence-backed and therefore must be rewritten.  According...

Strong sales of recreational cannabis in Arizona means possible future supply issues

Strong sales of recreational cannabis in Arizona means possible future supply issues

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 15, 2021

The swift launch of Arizona's recreational cannabis market seems to have paid off. The state, which legalized recreational cannabis on November 3, 2020 with the passing of Proposition 207, is serving the...

http://siskiyou.sou.edu/2015/03/18/jackson-county-commissioners-get-higher-tax-approved/

IRS doesn’t intend on publishing 280E tax guidance for cannabis companies anytime soon

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

Cannabis companies impacted by Section 280E of the federal tax code have been informed that the much-anticipated guidance won't be released just yet. This is according to Internal Revenue Service (IRS)...

Lume Cannabis Co. begins adult-use cannabis sales on tribal land

Lume Cannabis Co. begins adult-use cannabis sales on tribal land

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

Lume Cannabis Co., a company that prides itself on selling locally-grown and hand-trimmed weed, has launched an adult-use sales partnership with the Sault Ste. Marie Tribe of Chippewa Indians.  Since...

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