Cannabis News Box

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

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

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 stating that over 250 applicants were awaiting review in July.  The green plant was lega...

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

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

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 October 2018, when the Cannabis act – A.K.A "Bill C-45" – went into effect. Once cannabis wa...

Medical cannabis sales begin in Louisiana following years-long wait

Medical cannabis sales begin in Louisiana following years-long wait

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 30, 2019

It has been a little under a month since dispensaries started legally selling medical cannabis in Louisiana and, according to reports, retail sales in the state are running smoothly.  Medical cannabis sales finally launched on August 6. The tedious rollout left patients waiting impatiently to get...

Canadian cannabis company Aphria is capitalizing on Jamaica’s 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 the go-ahead to open a legal weed store on Peter Tosh Square. According to a press release from the compan...

Jay-Z enters legal weed business by partnering with cannabis company Caliva as chief brand strategist

Jay-Z enters legal weed business by partnering with cannabis company Caliva as chief brand strategist

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 17, 2019

“Hip hop's first billionaire” flaunts Beyoncé on his arm, has a string of successful records behind him and boasts his own music label; of course we are talking about Shawn Carter, also known by the name Jay-Z. The 49-year-old has joined Caliva’s staffing team as the cannabis company’s Chief Bra...

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...

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