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Cannabis News Box

Cannabis News Box

Cannabis News Box

Martha Stewart assumes role of strategic adviser for cannabis firm Canopy Growth

Martha Stewart assumes role of strategic adviser for cannabis firm Canopy Growth

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

On Thursday, May 20, Canadian cannabis producer Canopy Growth Corporation unveiled its plans to bring famous businesswoman, television personality and writer Martha Stewart on-board as the company's strategic...

https://marijuanastocks.com/banking-in-the-marijuana-industry/

Support for federal cannabis legislation grows as the SAFE and CLAIM Acts push through Congress

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

The landscape of legal weed in the United States looks set to undergo major metamorphosis in the near future. Amid congressional consideration of the SAFE Banking Act and CLAIM Acts, cannabis-focused businesses...

https://www.newswire.ca/news-releases/aurora-cannabis-announces-ceo-retirement-and-succession-board-of-directors-expansion-and-business-transformation-plan-869307955.html

Aurora Cannabis considers cutting staff numbers after enduring multi-million dollar loss

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

Aurora's executive chair has recoiled from his position. The news comes after the Canada-based publicly declared its plans to save tens of millions of dollars following a reduction in its adult-use and...

https://www.healtheuropa.eu/medical-cannabis-research-leader/87243/

Canadian cannabis firm Tilray reports $341 million net loss in last quarter

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 31, 2021

A net loss of CAD$350 million (USD$290 million) was recently recorded by Canadian cannabis company Tilray, which officially merged with Aphria on May 3. The devastating financial loss comes after the company's...

https://www.dudegrows.com/powdery-mildew-information/

Cannabis industry forecast to contribute $92 billion to U.S. economy this year

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 30, 2021

New analysis published in the MJBizFactbook indicates that this year's total U.S. economic impact from cannabis sales is more than 30 percent greater than it was in 2020. For the entirety of 2021, U.S....

https://www.weednews.co/full-text-of-massachusetts-question-4-2016-marijuana-legalization-initiative/

Study: Cannabis businesses in Massachusetts forced to pay $2.5 million in unlawful fees

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 28, 2021

A new study funded by the Massachusetts Cannabis Business Association was recently unveiled during a legislative committee hearing on cannabis reform. The findings indicate that cannabis companies in Massachusetts...

Mississippi Supreme Court dismisses opportunity to legalize medical cannabis via voter initiative

Mississippi Supreme Court dismisses opportunity to legalize medical cannabis via voter initiative

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 28, 2021

On Friday, May 14, the Mississippi Supreme Court overturned a medical cannabis initiative that gained voter approval last November. As a direct effect of this ruling, various other voter initiatives introduced...

Colorado's cannabis retailers forbidden to sell hemp-derived delta-8 THC

Colorado’s cannabis retailers forbidden to sell hemp-derived delta-8 THC

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 28, 2021

Sales of hemp-derived delta-8 THC – an up-and-coming cannabinoid with subtle psychoactive effects – have been officially banned in the cannabis-friendly State of Colorado.  The news comes about...

http://hempbeach.com/washington-applicants-seek-marijuana-grow-licenses-more-than-retail/

DEA will finally start approving cannabis cultivation licenses

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 28, 2021

On Friday, May 13, the Drug Enforcement Administration (DEA) informed a handful of companies about its plans to finally approve cannabis grow applications.  A revised rule change proposal was released...

https://www.google.com/search?q=CURALEAF&safe=strict&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjx6On7seLiAhUFxoUKHVv2C-4Q_AUIEygE&biw=1280&bih=689#imgrc=ZiKKbkIBUuD9rM:

Curaleaf expands cannabis footprint in Colorado with $67 million Los Sueños purchase

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 24, 2021

Curaleaf Holdings, a Massachusetts-headquartered multistate cannabis operator, is intent on growing its footprint in Colorado's cannabis market. In order to accomplish this task, Curaleaf announced...

The Parent Company gears up to broaden cannabis supply with $67 million investment

The Parent Company gears up to broaden cannabis supply with $67 million investment

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 23, 2021

On May 17, The Parent Company announced its entry into agreements that will bolster its supply of high-quality, California-cultivated cannabis. Valued at $50 million, the strategic investment involves...

Cannabis MSO Trulieve acquires Harvest Health in deal worth $2.1 billion

Cannabis MSO Trulieve acquires Harvest Health in deal worth $2.1 billion

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 16, 2021

On Monday, May 10, Trulieve Cannabis Corp. announced that it will be purchasing Harvest Health & Recreation Inc. in a mega-deal valued at $2.1 billion. Two U.S. multi-state operators are involved...

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