Cannabis News Box

Canopy Growth shares drop after company dismisses 500 workers

Canopy Growth shares drop after company dismisses 500 workers

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 13, 2020

The repercussions of Canopy Growth Corp. eliminating 500 members of its workforce are being felt by pot stock investors and traders; on Thursday, March 5, shares sunk by four percent. Canopy's plummeting shares were to be expected, considering the fact that the Canadian cannabis company recently annou...

Constellation Brands invests $4 billion in Canopy Growth and stocks skyrocket

Constellation Brands invests $4 billion in Canopy Growth and stocks skyrocket

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 27, 2018

Alcohol corporation Constellation Brands Inc. has recently announced a deal that has sent a ripple of excitement across the cannabis and alcohol industries. On Wednesday, August 15, Constellation Brands announced a $4 billion investment in diversified cannabis company, Canopy Growth Corp. As a result ...

North America’s medical and recreational cannabis markets will soar, data suggests

North America’s medical and recreational cannabis markets will soar, data suggests

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 17, 2018

ResearchAndMarkets.com has added a report about North America’s legal cannabis industry to its offering. The report is titled "North America Cannabis: New Markets, Competitors and Opportunities: 2018-2026 Analysis and Forecasts.” Outlined in the report is a breadth of information pertaining to No...

Global medical cannabis market set to be worth $28 billion by 2024

Global medical cannabis market set to be worth $28 billion by 2024

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 7, 2018

Energias Market Research has released a report detailing the projected size of the global medical cannabis market in 2024. The report showed how the market will swell at a compound annual growth rate (CAGR) of 19.1 percent between 2018 and 2024. Estimated to be worth $8.28 billion in 2017, the global medical cannabis market will skyro...

Cannabis-infused beer goes on sale at UK brewery

Cannabis-infused beer goes on sale at UK brewery

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 23, 2018

The demand for cannabis-infused beverages is on the incline, with the United Kingdom being the latest place on the map to start selling cannabis oil-infused beer. It is the first beer of its kind in the UK. Adding to its allure is the product's name, “Buffalo Soldier," which was inspired by reefer-...

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