Cannabis News Box

Adult-use store owners in Massachusetts fight against closures, medical enrolment rises

http://marijuana.heraldtribune.com/2014/11/24/massachusetts-push-grows-full-cannabis-legalization/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 17, 2020

A group of adult-use cannabis store owners in Massachusetts have initiated a lawsuit that targets Governor Charlie Baker. The plaintiffs who filed the suit started feeling frustrated last month, when Baker instructed non-essential business owners to shut up shop until the COVID-19 crisis is resolved...

What impact has COVID-19 had on the global cannabis supply chain and consumer behavior?

https://www.traverseticker.com/news/first-coronavirus-cases-confirmed-in-michigan/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 15, 2020

When the Coronavirus (COVID-19) crisis initially broke out, cannabis companies – particularly those who sell vape products – took a hit. After all, the virus originated in Wuhan, China and since 90-95 percent of cannabis vaporizer components are sourced from the Asian country, supply chains quickly ...

Majority of U.S. cannabis companies not included in $2 trillion coronavirus stimulus package

https://www.marijuana.com/wp-content/uploads/2014/05/congress.jpg

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 14, 2020

Cannabis companies may not have been the hardest hit by the COVID-19 pandemic, but they also won't be granted federal funding from the $2 trillion stimulus package — the Coronavirus Aid, Relief and Economic Security Act (CARES). As the economy nosedives in the United States, members of Congress and Presid...

New York’s medical cannabis tax revenue could help revive disrupted economy

https://herb.co/marijuana/news/new-york-medical-cannabis-laws/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 13, 2020

A virus has swept across the globe, leaving a trail of destruction in its wake; COVID-19 is a deadly strain of coronavirus that has affected almost two million people in 210 countries and territories across the globe. The economic impact of COVID-19 has – and continues to – devastate global industr...

Canadian cannabis company Cronos reveals losses in its Q4 financial report

https://microsmallcap.com/press-release/cronos-group-inc-to-hold-full-year-and-fourth-quarter-2018-earnings-conference-call/attachment/cronos-group-inc-2/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 13, 2020

Diversified and vertically-integrated cannabis company Cronos Group has released its quarterly earnings report. The company, which was founded in 2012 in Toronto, Canada, has revealed its losses in US dollars — a gross loss of almost $20.4 million for the fourth quarter concluding on December, 31, 201...

COVID-19 crisis