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Cannabis News Box

Cannabis News Box

Cannabis News Box

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Massachusetts kick-starts its recreational cannabis licensing

Bethan Rose Jenkins, Cannabis News Writer/Editorial April 13, 2018

“Ganjapreneurs” in Massachusetts can now apply to open a recreational cannabis business. Regulators in Massachusetts started inviting applicants to begin the application process for cultivating and...

California may lower social cannabis taxes to compete with the black market

California may lower social cannabis taxes to compete with the black market

March 16, 2018

A group of California lawmakers has introduced a bill to reduce state cannabis taxes in an effort to compete with the illicit market. Taxes would be reduced for growing and selling cannabis for a three-year...

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Cannabis legalization in Israel could bring in $675 million in annual tax revenue

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 12, 2018

Israel’s cannabis market has the potential to completely transform the economy, with the country expected to pull in an estimated $1.8 billion every single year, should the industry be legalized in its...

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Cannabis cryptocurrency and bitcoin craze gaining global momentum

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 8, 2018

Cannabis legalization is having a direct effect on the trading environment. With this rise in legalization comes increased demand for cannabis cryptocurrency. According to CEO of TD Ameritrade, Tim Hockey,...

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Legal cannabis states ask Congress for legal banking

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 22, 2018

As of today, 29 states and a number of U.S. territories have legalized medical cannabis. Nine of those states have legalized it for social use and this year, social cannabis legalization will be considered...

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New Jersey’s new Governor pledges to make the state cannabis-friendly

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 17, 2018

Today, cannabis advocates in New Jersey breathed a sigh of relief as the state governor, Philip Dunton Murphy, vowed to "align" New Jersey's vision and leadership by lifting the laws on cannabis. The...

High cannabis taxes may help the black market

High cannabis taxes may help the black market

November 3, 2017

Thor Benson / Cannabis News Box Contributor States tend to approve legalizing cannabis because there’s a lot of tax revenue to be made. Many people want to buy cannabis without facing criminal charges,...

Social cannabis regulations in Maine could allow drive-thru dispensary sales

Social cannabis regulations in Maine could allow drive-thru dispensary sales

Logan Lowrey-Rasmussen September 25, 2017

If Maine’s proposed social cannabis regulations become law, it could allow consumers to purchase cannabis from dispensaries through a drive-thru window. The social cannabis committee’s bill would...

Lawmakers in California call for the reclassification of cannabis

Lawmakers in California call for the reclassification of cannabis

Logan Lowrey-Rasmussen September 19, 2017

California lawmakers are formally calling on the federal government to reclassify cannabis as a substance after voters approved a ballot measure to legalize cannabis. The resolution called for changes...

Medical cannabis patients in Michigan will be left out in the cold come December

Medical cannabis patients in Michigan will be left out in the cold come December

Logan Lowrey-Rasmussen September 14, 2017

Michigan officials are giving medical cannabis businesses until Dec. 15 to close in time for a new regulatory system to come into effect. The new regulations aim at increasing industry oversight and...

Social sales in Colorado reach record breaking $100 million in July

Social sales in Colorado reach record breaking $100 million in July

Logan Lowrey-Rasmussen September 13, 2017

Colorado broke another record in the social cannabis industry as monthly sales surpassed $100 million in July for the first time since legalization. The state broke records for hitting $100 million...

County assessor goes after AZ cannabis business' unpaid taxes

County assessor goes after AZ cannabis business’ unpaid taxes

Logan Lowrey-Rasmussen August 30, 2017

Arizona’s largest county is going after grow operations and medical cannabis dispensaries which did not pay property taxes on their business equipment. The county assessor’s office reported cannabis...

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