Cannabis News Box

Study: Fatal COVID-19 complications could be prevented using THC

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

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 14, 2020

Coronavirus – the infectious virus outbreak that has led to more than a million people dying around the world – has been the focal point of many recent studies. One such study was recently published by University of South Carolina researchers. The results suggest that the psychoactive cannabis comp...

New York counties push for cannabis legalization to recover from financial impacts of COVID

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

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 28, 2020

A coalition of county officials are recommending New York cannabis legalization as a means of reversing the economic glut that has occurred as a result of the coronavirus (COVID-19) outbreak. Adult-use cannabis legalization “will provide the state and counties with resources for public health educat...

Coronavirus is stimulating a wave of new job opportunities in the U.S. cannabis space

Coronavirus is stimulating a wave of new job opportunities in the U.S. cannabis space

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 15, 2020

In the midst of national economic downturn, the rise of cannabis couldn't have come at a better time. Despite the virus pandemic that has slowed much of the global economy down, medical and adult-use cannabis sales are on-track to reach at least $15 billion in 2020.  This is according to Marijuan...

Cannabis sales could plummet following expiration of federal $600 weekly jobless benefit

http://thehybridcreative.com/california-sales-tax-filing-for-cannabis-products/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 13, 2020

The coronavirus has induced an unwelcome recession upon the United States. While there has been some green to rest on in regards to the $600 weekly payout people have been receiving amid COVID-19, the July 31 expiry date has made the cannabis industry sweat. The coronavirus-related weekly payments bega...

The Nugg Club cannabis subscription box is capitalizing on COVID-19

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 10, 2020

As residents of the United States embrace the "new normal" that has rolled out amid the coronavirus (COVID-19) health crisis, cannabis companies are adopting new approaches to conveniently capture their target market. In particular, major success is stemming from subscription services. One such example i...

Missouri’s first licensed cannabis cultivator will stimulate sales in fourth quarter

Missouri's first licensed cannabis cultivator will stimulate sales in fourth quarter

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 7, 2020

Missouri's medical cannabis program is anticipated to harvest $300 million on an annual basis once sales begin. Initially, regulators anticipated that legal sales would kick off in spring. However, the coronavirus (COVID-19) pandemic has hindered the market's launch. Fortunately, there's a silver lin...

Signs that more U.S. states could legalize cannabis next year

https://images.google.co.uk/imgres?imgurl=https%3A%2F%2Fwww.massroots.com%2Fwp-content%2Fuploads%2F2017%2F03%2Fbigstock-the-cannabis-leaf-and-money-99830609DUPE.jpg&imgrefurl=https%3A%2F%2Fwww.massroots.com%2Fnews%2Fcongress-could-vote-on-marijuana-banking-this-week%2F&docid=e0zX1YSu4VrIbM&tbnid=973_IoGOw9ZLxM%3A&vet=1&w=1920&h=700&source=sh%2Fx%2Fim

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 30, 2020

In the midst of a virus pandemic that has created division in belief systems and sluggishness in global supply chains, the U.S. cannabis industry is booming. So much so, in fact, that states are taking strides towards minimizing criminal penalties for cannabis consumption and possession. At this crit...

Mexican Congress aims to bolster economic recovery with cannabis legalization

https://420intel.com/articles/2018/11/02/mexican-supreme-court-declares-prohibition-recreational-cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 26, 2020

Cannabis to the rescue! This is what it seems like lately, with medical cannabis patients in many legal states across the United States – and their collective economies – benefiting from the industry being dubbed "essential business". As Mexico anticipates a financially-impacted aftermath from COVID-19, Senato...

Aurora Cannabis shareholders shudder as company sells itself short

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

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 20, 2020

On May 14, 2018, a press release announcing Aurora Cannabis' intention to acquire all of the issued and outstanding common shares of MedReleaf was published. This all-share transaction was valued at approximately CAD$3.2 billion – equivalent to USD$2.3 billion – on a fully-diluted basis. Unfortun...

Oklahoma generated record medical cannabis tax revenue in March

https://hightimes.com/news/oklahoma-medical-marijuana-moving-toward-november-ballot

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 20, 2020

States that legalize cannabis stand to benefit the local economy, with sales taxes contributing to various community programs and funding projects. In Oklahoma – where medical cannabis was legalized on June 26, 2018 with the passing of voter-approved voters approved State Question 788 – the resu...

Ohio releases fresh guidance to assist patients in gaining access to medicine during COVID-19

Ohio releases fresh guidance to assist patients in gaining access to medicine during COVID-19

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 15, 2020

New information has been made available to patients who are enrolled in Ohio’s medical cannabis program amid the COVID-19 pandemic. The guidance was published by the Ohio Medical Marijuana Control Program (MMCP) with the primary goal of simplifying the process of obtaining medicine among registered patie...

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