Cannabis News Box

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Key facets of Connecticut’s newly-approved recreational cannabis law

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

On June 22, Connecticut became the 19th U.S. state to legalize the cannabis plant for adult-use purposes. The state's Governor Ned Lamont signed SB 1202 into law on June 22, 2021.  Aside from creating...

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House goes full steam ahead with cannabis protections for banking

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

On Thursday, June 24, a House subcommittee decided to approve an expansive funding bill that would safeguard banks from being penalized if they work with cannabis businesses.  A voice vote from the...

Online cannabis firm Leafly seeks to raise $30 million in securities offering and releases industry report

Online cannabis firm Leafly seeks to raise $30 million in securities offering and releases industry report

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

Online cannabis information portal and news website Leafly has announced plans to raise $30 million in a securities offering. According to the well-known pot resource, the offering includes various securities,...

https://mjbizdaily.com/insurance-coverage-boosts-czech-medical-cannabis-market-but-country-limited-to-one-cultivator/

Czech Parliament makes headway with bill to liberalize medical cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 29, 2021

A bill aimed at capping the industrial hemp THC (tetrahydrocannabinol) limit at one percent has been given the go-ahead by the Czech Parliament. Approval from the Czech Republic’s Chamber of Deputies...

Report: Global medical cannabis market set to inflate at a CAGR of 20 percent

Report: Global medical cannabis market set to inflate at a CAGR of 20 percent

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 29, 2021

Analysts from Facts and Factors, a business consulting firm that specializes in market research reports, have teamed up to publish a new report on the global medical cannabis market. According to the...

Florida high court rejects second attempt to get recreational cannabis initiative on ballot measure

Florida high court rejects second attempt to get recreational cannabis initiative on ballot measure

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 29, 2021

Another effort to include a recreational cannabis legalization initiative on Florida's 2020 ballot has fallen flat. The Florida Supreme Court ruled against the measure, which the judges claimed to be "misleading." This...

https://www.change.org/p/minister-for-health-simon-harris-the-legalization-of-medicinal-marijuana-in-ireland

Ireland hits medical milestone as it approves cannabis prescriptions for patients

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 25, 2021

As the European Union gradually begins to embrace the cannabis plant in its medicinal form, another British country is leaning towards the launch of a legal medical cannabis market.  That country is...

https://mjbizdaily.com/cannabis-tech-platform-weedmaps-goes-public-with-579-million-infusion/

Cannabis tech platform Weedmaps makes its Nasdaq with $579 million in gross proceeds

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 25, 2021

On Wednesday, June 16, cannabis industry-focused tech company Weedmaps began trading on the NASDAQ. Shares climbed nine percent on this date, at which point they were valued at more than $20 each. Weedmaps’...

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Connecticut to join 17 other U.S. states in legalizing adult-use cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 22, 2021

Preparations are being made for Connecticut's adult-use cannabis market, which was voted into effect by the state’s House of Representatives  on Wednesday, June 16. Members of the Senate followed suit...

https://www.new-unity.org/eventslist/2017/10/22/psychedelics-and-mystical-experience

Leading Minnesota cannabis company will investigate psychedelic substances

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

Psychedelics seem to be all the rage right now, with a handful of U.S. states like Oregon and Washington D.C.. having decriminalized hallucinatory substances. Now, Minnesota is getting in on the action,...

NFL to invest $1 million into medical cannabis pain management research

NFL to invest $1 million into medical cannabis pain management research

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

On Tuesday, June 8, the National Football League’s pain management committee and the NFL Players Association declared their joint effort to donate $1 million for cannabis research purposes.  The...

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New Jersey patients set to benefit from cheaper medical cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial June 15, 2021

Lawmakers in New Jersey are committed to reducing the cost of medical cannabis for qualified state residents, with the Senate Health Committee recently approving a new bill — S3799.  The measure...

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