Cannabis News Box

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

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 ...

Report: Ethiopia’s cannabis market could be worth $10 billion

Report: Ethiopia’s cannabis market could be worth $10 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

Washington-based cannabis industry analytics company New Frontier Data has published a report that spotlights the earning potential of Ethiopia's cannabis market. Titled "the African Regional Hemp & Cannabis Report 2019," this interesting insight into the East African country's cannabis market re...

Congress urges DEA to start processing applications for medical cannabis research

Congress urges DEA to start processing applications for medical cannabis research

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 13, 2019

Almost 30 members of the House of Representatives have signed their name in ink at the closing of a bipartisan letter curated by Congress. The letter urges the Department of Justice and the Drug Enforcement Administration (DEA) to review medical cannabis research applications, which seem to have been...

Cannabis companies are taking a keen interest in wellness trends

Cannabis companies are taking a keen interest in wellness trends

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 skincare company This Works for $55.2 million. Canopy’s decision to include cannabis sleep and beauty products in its ever-expanding portfolio i...

Medical cannabis expansion bill passes Texas Senate

Medical cannabis expansion bill passes Texas Senate

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 31, 2019

More Texans could be on the receiving end of a medical cannabis prescription, thanks to a pot bill that will now await lawmaker's approval in the Texas House. Cannabis advocates in Texas were jumping for joy following a successful vote in the Senate to advance the bill on Wednesday, May 22. The bill,...

Bank of America VP predicts a $166 billion cannabis market

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...

Medical cannabis expansion laws signed by North Dakota Governor

Medical cannabis expansion laws signed by North Dakota Governor

May 30, 2019

At the end of April, Republican Gov. Doug Burgum signed a set of laws that would broaden the scope of North Dakota's medical cannabis program. The program was established by the North Dakota Department of Health following the legalization of medical cannabis under a voter initiative in November 2016. Alt...

Arizona Court rejects immunity argument made by patients who consumed cannabis in their car

Arizona Court rejects immunity argument made by patients who consumed cannabis in their car

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 22, 2019

The Arizona Court of Appeals has charged two medical cannabis patients with misdemeanor convictions for consuming the therapeutic plant inside a parked car. Being enrolled in Arizona's medical cannabis program does not mean that patients are exempt from punishment if caught consuming weed in a vehicle, whet...

State Medical Board of Ohio recommends adding autism and anxiety to list of qualifying conditions for cannabis

State Medical Board of Ohio recommends adding autism and anxiety to list of qualifying conditions for cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 22, 2019

Residents of Ohio who suffer from autism spectrum disorder (ASD) and/or anxiety could soon become eligible to get a prescription for pharmaceutical cannabis-based medicines. Earlier this month, the conditions were recommended by lawmakers for inclusion on Ohio's list of medical cannabis qualifications. A 12-...

More cancer patients are treating chronic pain with cannabis rather than opioids

More cancer patients are treating chronic pain with cannabis rather than opioids

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

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?

Treating borderline personality disorder with CBD: Is it an effective treatment?

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 13, 2019

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...

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