cannabis news

Earlier this week, Congress passed the final version of the 2018 Farm Bill, which stipulates the legalization of industrial hemp. Now all that’s missing is President Donald Trump’s signature, and it's expected in the next few days. “This week's passage of the 2018...

The 2018 Farm Bill will be filed next week and includes a provision to legalize the cultivation of industrial hemp, which, among many other things, can be used to produce CBD. We’ll be keeping a close eye on developments in this realm. In other political news, Utah’s legislature...

This week, New Jersey took a big step toward the legalization of recreational marijuana, after a joint Assembly and Senate committee voted on a bill that would legalize and tax the sale of weed. Meanwhile, South Korea legalized medical cannabis, and Senate Majority Leader Mitch McConnell announced...

The first recreational cannabis sales were made in  Massachusetts this week, although only two stores — New England Treatment Access, or NETA, in Northampton and Cultivate Holdings in Leicester — were allowed to service customers. “Tuesday was another...

The cannabis industry coalesced in Las Vegas this week for MJBizCon. The largest cannabis business event in the world drew a crowd of about 25,000 people to Sin City this year, according to Benzinga's sources.  Acreage Holdings, one of the largest marijuana companies in the U.S.,...

What a week. The midterms brought legal recreational cannabis in Michigan and legal medical marijuana in Utah and Missouri. “It was a good week for the cannabis industry. Michigan became the tenth state to legalize adult use cannabis and we added two more states to the legal medical marijuana...

Big news on the international plane this week, with Mexico’s Supreme Court ruling an absolute ban on the adult use of cannabis is unconstitutional and the UK allowing doctors to legally prescribe cannabis products for a number of conditions like epilepsy, MS and chemotherapy-induced...

Gallup this week released a new report showing a record-high support for cannabis legalization in the United States, with 66 percent of Americans now favoring legal weed. Interestingly, even 53 percent of Republicans seem to support legalization. In addition, Benzinga learned the Republic of...

The Republic of Vanuatu, a 277,000-person South Pacific nation, has legalized medical cannabis. According to a series of official documents procured by Benzinga, the country will now allow the cultivation, production and use of medical marijuana. The plant was previously allowed to...

This week, Canada became the second country in the world to fully legalize cannabis, allowing adults to consume weed for recreational purposes. Long lines were formed outside dispensaries on Wednesday, and fears of supply shortages materialized to a certain extent. Meanwhile, cannabis stocks were...