Cannabis News Box

Bruce Linton is fired from Canopy Growth, company clings onto Acreage deal

Bruce Linton is fired from Canopy Growth, company clings onto Acreage deal

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 8, 2019

The world’s largest cannabis company has abolished Bruce Linton; Canopy Growth’s very own co-founder and Co-CEO. Constellation Brands, which currently owns a 40 percent chunk of the cannabis company, was behind the decision. Responsible for producing some of the most iconic beer, spirits and wine brands in ...

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...

Mexico plans to legalize recreational cannabis this October

Mexico plans to legalize recreational cannabis this October

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 3, 2019

It’s hard to ignore the rate at which the cannabis industry is growing, and it looks like Mexico could be next to enact legislation. In fact, recent reports have revealed how the North American country plans to legalize pot before October. Support for cannabis legalization in the U.S. has jumped from 25 percent in 1995 to 66 percen...

Canopy Growth secures deal to buy Acreage for $3.4 billion in ‘game-change’ for North American cannabis industry

Canopy Growth secures deal to buy Acreage for $3.4 billion in ‘game-change’ for North American cannabis industry

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 29, 2019

Canopy Growth has made news headlines once again for an acquisition that has set the cannabis industry leader back a whopping $3.4 billion. The deal, which won’t be effectuated until federal prohibition is lifted by the U.S. government, will see the Ontario-based company purchase New York-based...

Cannabis beverage stocks to be on the lookout for in 2019

Cannabis beverage stocks to be on the lookout for in 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 11, 2019

With cannabis legalization spreading across North America quite rapidly, it’s not surprising that pot producers are getting creative with consumption methods. Welcome the rise of cannabis beverage stocks. Cannabis-infused drinks are the latest trend to sweep across the world of legal weed, with investment f...

Looming cannabis legalization brings jobs to Canada

Looming cannabis legalization brings jobs to Canada

b, Cannabis News Writer/Editorial

June 16, 2018

Cannabis companies are preparing for Canada's legal cannabis market to go into effect, as they seek out employees to fill a broad scope of cannabis jobs. All kinds of job positions are being filled, from sales and marketing to cultivation. Alison McMahon operates Cannabis At Work and she says that the wor...

Jeff Sessions might make cannabis stock investors wealthy

Jeff Sessions might make cannabis stock investors wealthy

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 21, 2018

If there is one thing that U.S. Attorney General Jeff Sessions is best known for, it’s probably his opposition to cannabis legalization. Despite this, Sessions could potentially aid cannabis investors in raking in the cash over the next few years, so it seems. There aren’t many industries that experien...

The success of the cannabis industry in the U.S. will likely hurt the beer industry

The success of the cannabis industry in the U.S. will likely hurt the beer industry

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 10, 2018

The rapid rise of the cannabis industry could cause trouble for the beer industry, according to the managing director and senior research analyst at Cowen, Vivien Azer. Azer has noticed a correlation between the rate of binge drinkers living in weed-friendly states. Not to mention, people with easy acc...

Greece is one step closer to medical cannabis legalization

Greece is one step closer to medical cannabis legalization

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 26, 2018

A bill to allow the production of medicinal cannabis in Greece has been approved by the country’s parliament. Those who voted in favor of the bill include the government coalition and centrist parties. The government’s draft bill was supported by parliamentary committees in a bid to develop a legal fra...

Two large Canadian cannabis companies acquired by US tobacco company Alliance One

Two large Canadian cannabis companies acquired by US tobacco company Alliance One

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 13, 2018

Alliance One International Inc. has made history this week, after announcing its partnership with two major Canadian cannabis companies.  Secured through Alliance One’s complete indirect subsidiary, Canadian Cultivated Products, Ltd., the “One Tomorrow” strategy saw the major U.S. tobacco co...

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