Cannabis News Box

Snoop Dogg’s cannabis startup Casa Verde raises $100 million for second investment fund

Snoop Dogg’s cannabis startup Casa Verde raises $100 million for second investment fund

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 31, 2020

Celebrity-endorsed cannabis companies are on the rise, with many high-profile A-listers gradually getting involved in the multi-billion dollar space. Seasoned smoker and hip-hop artist Snoop Dogg is one...

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South Dakota AG wants to save state’s newly-passed recreational cannabis measure

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

South Dakota’s Attorney General Jason R. Ravnsborg has requested that a judge dismiss a lawsuit challenging the state’s voter-approved recreational cannabis measure, which is set to legalize the distribution,...

https://weedistry.com/2017/07/04/7-reasons-marijuana-is-patriotic-af/

Residents of newly-legal states say that cannabis legalization at the federal level is “inevitable”

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

A poll of voters in four recently legal U.S. states suggests that cannabis legalization is a nonpartisan issue and that federal level reform is “inevitable”. The poll on cannabis legalization was conducted...

Arizona cities aim to prevent adult-use cannabis sales expansion

Arizona cities aim to prevent adult-use cannabis sales expansion

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

The city councils of Arizona’s two largest municipalities, Chandler and Mesa, are gearing up to vote in opposition of a recently/approved law to permit adult use cannabis business and testing laboratories.  The...

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The psychedelic realm is emerging as a popular investor choice, could rival cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

Amid the rise of legal weed, another potential market appears to be emerging — psychedelics. Anticipated to completely transform the mental health market, which is valued at around $2.5 trillion in the...

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Georgia’s Senate Runoff candidates could influence cannabis reform in the U.S.

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

Who will win Georgia's Senate races? The answer to this question could drastically change the landscape of legal weed in the United States, where a Senate run-off election is expected to take place on...

https://lincolncityhomepage.com/youth-marijuana-use-prevention-campaign/

Government-funded report shows that youth cannabis consumption have not risen in spite of sweeping U.S. legislation

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

The most recent edition of the Monitoring the Future (MTF) report claims that rates of youth cannabis consumption are stable. This finding suggests that broader moves to legalize cannabis in the U.S. have...

Canada-based operator Verano Holdings set to go public at $2.8 billion valuation

Canada-based operator Verano Holdings set to go public at $2.8 billion valuation

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

Canadian multi-state cannabis operator Verano Holdings is gearing up to go public by means of a reverse takeover of Majesta Minerals Inc. Based in Calgary, Alberta, Majesta proudly announced that it had...

https://www.kktv.com/content/news/Colorado-House-OKs-bill-on-medical-marijuana-use-for-autism-505519161.html

Colorado retail cannabis sales surpass last year’s record

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

Retailers serving Colorado’s cannabis industry have managed to hit an all-time record for single-year sales. October’s sales figures surpassed $199.7 million, bulking up 2020 revenue to the amount...

www.weedmaps.com

Federal probe into Weedmaps is unresolved, federal investor document says

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 29, 2020

During the second week of December, an investor presentation was filed with the U.S. Securities and Exchange Commission. Based on the document – which was filed by Weedmaps’ parent company, WM Holding...

Canopy Growth Corporation (CNW Group/Canopy Growth Corporation)

Canopy Growth is throwing in the towel for numerous Canadian facilities

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 15, 2020

As many as 220 of cannabis company Canopy Growth’s employees will lose their jobs amid the company’s abandonment of numerous Canadian cultivation facilities.  Based in Smiths Falls, Ontario, major...

https://www.marijuana.com/news/2018/04/new-mexico-medical-marijuana-program-tops-50k-patients/

New Mexico panel suggests increasing medical cannabis plant count limit

Bethan Rose Jenkins, Cannabis News Writer/Editorial December 15, 2020

On Wednesday, December 10, an advisory board in New Mexico recommended that lawmakers increase the medical cannabis plant count limit for licensed producers. Following the meeting, which took place online,...

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