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Cannabis News Box

Cannabis News Box

Cannabis News Box

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Survey shows Canadians are opting to buy cannabis through legal avenues

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

On December 21, 2020, Health Canada rounded up the year's events by sharing industry insights in its Canadian Cannabis Survey. A key takeaway from the survey suggests that legal cannabis storefronts are...

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Two new reports highlight cannabis-fueled economic growth in the U.S.

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

While much of the world is undergoing economic hardship as a result of the coronavirus COVID-19 pandemic, the United States is showing that weed could be the savior. This is according to two separate industry...

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Senate approves cannabis research bill comparable to House measure

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

On Tuesday, December 15, the Senate gave a bipartisan cannabis research bill the green light with the primary aim of encouraging studies into the plant's medicinal properties/effects. The Cannabidiol...

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UNM researchers investigate potential of treating anxiety and stress with cannabis flower

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

A recent study carried out by a team of researchers at The University of New Mexico has assessed the efficacy of using commercially available Cannabis flower, or ‘buds', to ease feelings of anxiety and...

Uruguay just completed another cannabis flower export to Portugal

Uruguay just completed another cannabis flower export to Portugal

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

A cannabis company in Uruguay called Fotmer Life Sciences has announced the success of its most recent flower shipment to Portugal. Marijuna Business Daily recently disclosed that Fotmer had completed...

Snoop Dogg’s cannabis startup Casa Verde raises $100 million for second investment fund

Snoop Dogg’s cannabis startup Casa Verde raises $100 million for second investment fund

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

Celebrity-endorsed cannabis companies are on the rise, with many high-profile A-listers gradually getting involved in the multi-billion dollar space. Seasoned smoker and hip-hop artist Snoop Dogg is one...

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South Dakota AG wants to save state’s newly-passed recreational cannabis measure

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

South Dakota’s Attorney General Jason R. Ravnsborg has requested that a judge dismiss a lawsuit challenging the state’s voter-approved recreational cannabis measure, which is set to legalize the distribution,...

Canada-based operator Verano Holdings set to go public at $2.8 billion valuation

Canada-based operator Verano Holdings set to go public at $2.8 billion valuation

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

Canadian multi-state cannabis operator Verano Holdings is gearing up to go public by means of a reverse takeover of Majesta Minerals Inc. Based in Calgary, Alberta, Majesta proudly announced that it had...

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Colorado retail cannabis sales surpass last year’s record

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

Retailers serving Colorado’s cannabis industry have managed to hit an all-time record for single-year sales. October’s sales figures surpassed $199.7 million, bulking up 2020 revenue to the amount...

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Federal probe into Weedmaps is unresolved, federal investor document says

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

During the second week of December, an investor presentation was filed with the U.S. Securities and Exchange Commission. Based on the document – which was filed by Weedmaps’ parent company, WM Holding...

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Canopy Growth is throwing in the towel for numerous Canadian facilities

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 15, 2020

As many as 220 of cannabis company Canopy Growth’s employees will lose their jobs amid the company’s abandonment of numerous Canadian cultivation facilities.  Based in Smiths Falls, Ontario, major...

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Adult-use cannabis sales in the U.S. could top $41 billion by 2025

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 14, 2020

A leading provider of cannabis industry business intelligence, data and analytics has just published a brand new report on the state of the U.S. adult use cannabis market.  New Frontier Data, which...

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