Cannabis News Box

Jay-Z enters legal weed business by partnering with cannabis company Caliva as chief brand strategist

Jay-Z enters legal weed business by partnering with cannabis company Caliva as chief brand strategist

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 17, 2019

“Hip hop's first billionaire” flaunts Beyoncé on his arm, has a string of successful records behind him and boasts his own music label; of course we are talking about Shawn Carter, also known by the name Jay-Z. The 49-year-old has joined Caliva’s staffing team as the cannabis company’s Chief Bra...

Just a handful of applicants apply for Massachusetts’ social equity business permits

Just a handful of applicants apply for Massachusetts’ social equity business permits

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 17, 2019

Surprisingly fewer applicants have filed for cannabis business permits in Massachusetts since the state launched the social equity application process back in April. A total of 123 people were invited to apply for social equity permits in Massachusetts but as of June 20, just 10 had applied.  Data fro...

Half of Ohio’s registered medical cannabis patients are deterred by high prices, data reveals

Half of Ohio’s registered medical cannabis patients are deterred by high prices, data reveals

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 17, 2019

On June 8, 2016, House Bill 523 was signed into law by the former Governor of Ohio, John Kasich. The signing of HB 523 kick-started the state's medical cannabis industry. However, the system still has some flaws that need to be straightened out before all of Ohio's medical cannabis patients can afford their...

Martha Stewart is collaborating with Canopy Growth to launch a CBD line for pets

Martha Stewart is collaborating with Canopy Growth to launch a CBD line for pets

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

The cannabis market is on track to grow 700 percent by 2020 and Martha Stewart is not wasting any time getting a slice of pot pie. The American media mogul, who rose to fame with her Martha Stewart Living magazine and television show, has decided to expand her footprint in the industry by joining forces...

France will launch a two-year medical cannabis trial program to assess plant’s efficacy

France will launch a two-year medical cannabis trial program to assess plant’s efficacy

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

Later this year, a two-year medical cannabis trial program is expected to begin in France. The news comes after an important government committee submitted recommendations for the program’s commencement last September. Established in 2018 by the French Agency for the Safety of Medicines and Healt...

California lawmakers launch cannabis ad campaign to hinder black market activity

California lawmakers launch cannabis ad campaign to hinder black market activity

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

California’s illicitly-operating cannabis market is not losing momentum, despite the fact that the plant has been legalized for recreational purposes statewide since January 1, 2018. In an attempt to tackle the ongoing problem, an advertising campaign was recently released by the Bureau of Cannabis...

U.S. Supreme Court rejects 280E cannabis tax case filed by dispensary owners in Colorado

U.S. Supreme Court rejects 280E cannabis tax case filed by dispensary owners in Colorado

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

Entrepreneurs involved in the cannabis industry still face a number of obstacles, such as cannabis banking woes and tax burdens. For the owners of one medical cannabis dispensary in Colorado, confusion regarding IRS tax code 280E has cost them a hefty fee.  Breckenridge-based dispensary Alpenglow Botanicals w...

Cannabis legalization is a hot political topic in the U.S.

Cannabis legalization is a hot political topic in the U.S.

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 15, 2019

As the “Green Rush” continues to spread across the United States of America, it is clear that the political stance on cannabis legalization is metamorphosing. Globally, the market is estimated to be worth $55.8 billion by 2025 and the U.S. is forecasted to bulk-up its economy with $25 billion in cannabis revenue during the same time peri...

Illinois is the first U.S. State to offer reparations after legalizing adult-use cannabis

Illinois is the first U.S. State to offer reparations after legalizing adult-use cannabis

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 12, 2019

It might be the 11th U.S. State to legalize cannabis, but Illinois has become the first to offer reparations in its legal cannabis program. On June 25, Governor JB Pritzker signed a bill into law making cannabis a legal and regulated product for adult consumption.  The Illinois Cannabis Regulation and Tax Act...

Report: Industry insiders say the cannabis industry could top $15 billion in 2019

Report: Industry insiders say the cannabis industry could top $15 billion in 2019

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 10, 2019

The rapid emergence of legal weed throughout the United States and Canada is fueling a global economy centered around the green plant. Investments, acquisitions and innovations in the industry are contributing to a $15 billion valuation that analysts predict the cannabis market will yield in 2019. A rec...

Study: Australian researchers prove CBD’s potential as an antibiotic

Study: Australian researchers prove CBD’s potential as an antibiotic

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 9, 2019

Fresh research from Australia has pinpointed the antibiotic properties of cannabis and hemp’s non-psychoactive cannabinoid CBD (cannabidiol). This naturally occurring chemical compound, which can be extracted from the plant by steam distillation, CO2 or ethanol extraction, was investigated by a team of res...

The NFL is edging closer to permitting medical cannabis as a treatment for pain

The NFL is edging closer to permitting medical cannabis as a treatment for pain

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 8, 2019

An agreement has been made by members of the National Football League Players Association, prompting a pain management committee to conduct more studies into the use of cannabis as a treatment. The deal was struck after NFL officials and NFL players union representatives decided to kickstart their studies in ...

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