Cannabis News Box

Weedmaps prepares to ban ads from unlicensed cannabis sellers

Weedmaps prepares to ban ads from unlicensed cannabis sellers

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 11, 2019

In an attempt to stop unlicensed cannabis dispensaries from advertising their services to prospective customers, Weedmaps has announced it will be cracking down on illegally-operating businesses. The news of Weedmaps banning unlicensed cannabis companies indicates that online black market activity...

10 signs the cannabis industry is maturing at a rapid rate

10 signs the cannabis industry is maturing at a rapid rate

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 2, 2018

Slowly but surely, the world is embracing cannabis reform. Scientists are uncovering the plant’s medical benefits and legalization of cannabis is spreading like wildfire. Even politicians who once were in opposition to the drug are warming up to the idea of cannabis, with United States Senator Kam...

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...

Worldwide cannabis investments rise by almost 600 percent

Worldwide cannabis investments rise by almost 600 percent

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 13, 2018

Cannabis investments have grown by 600 percent in comparison with figures released in the first five weeks of 2017. Based on data published by the Viridian Cannabis Deal Tracker, $1.23 billion was invested in the global cannabis industry in January of this year. This monthly figure is almost as much ...

Weedmaps may face fines, civil penalties for advertising unlicensed cannabis businesses in California

Weedmaps may face fines, civil penalties for advertising unlicensed cannabis businesses in California

March 8, 2018

The chief of California's Bureau of Cannabis Control sent Weedmaps a cease and desist letter last month, telling the company to stop promoting and listing businesses in the state that do not have licenses. The company provides cannabis business with menus and map listings in their areas and has been...

Leafly