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Cannabis News Box

Cannabis News Box

Cannabis News Box

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Canada’s legal recreational cannabis market surpasses illicit spending for first time

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 18, 2021

Sales accrued through Canada's recreational cannabis market have overtaken the illegal segment, according to Statistics Canada. The government agency claims that the legal adult-use sector surpassed illicit...

Israeli study: Cannabis reduces blood pressure in older adults

Israeli study: Cannabis reduces blood pressure in older adults

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 18, 2021

A study carried out last year by a team from one of the leading medical faculties in Israel, Ben-Gurion University of the Negev and its affiliated Soroka University Medical Center, suggests that cannabis...

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MedMen is being sued by former employees for almost $1 million

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 18, 2021

A cannabis class action lawsuit filed two and a half a years ago by a former MedMen employee has almost come to a head.  The suit, which will proceed to a hearing on March 1, could result in the plaintiffs...

Cannabis concentrate sales jumped more than 40 percent between 2019 and 2020

Cannabis concentrate sales jumped more than 40 percent between 2019 and 2020

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 18, 2021

Sales of cannabis concentrates in the United States soared more than 40 percent last year. This is according to analysts at Seattle-based data analytics firm Headset, who have shared an intriguing snapshot...

California cannabis workers entitled to receive immediate COVID-19 vaccinations

California cannabis workers entitled to receive immediate COVID-19 vaccinations

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 18, 2021

A number of high-demand industry workers in California are being informed of their coronavirus (COVID-19) vaccine eligibility. Included within Phase 1 eligibility are a handful of alternative care sectors,...

Study suggests America's 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...

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