Hand holding bottle of Cannabis oil against Marijuana plant
MysteryShot/Getty Images
June 20, 2019 - 9:44 am
By Alicia Wallace, CNN Business (CNN) — Fueled in part by CBD product sales and Canada's recent legalization of marijuana, the world's cannabis market could notch $15 billion this year. Industry insiders are forecasting that global cannabis sales could total $14.9 billion in 2019, up 36% from 2018...
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medical marijuana
Patrick Morrissey/Getty Images
David Madden
May 30, 2019 - 4:10 pm
TRENTON, N.J. (KYW Newsradio) — The New Jersey state Senate has joined the Assembly in approving sweeping expansion of the state’s medical marijuana program. There was an effort to put off a vote to take the sales tax off medical marijuana, which failed. The final tally: 33-4 with three abstentions...
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Medical marijuana.
thegoodphoto/Getty Images
David Madden
May 23, 2019 - 4:35 pm
TRENTON, N.J. (KYW Newsradio) — The New Jersey Assembly overwhelming approved what was Gov. Phil Murphy’s “plan B” on expanding the availability of medical marijuana in the state. The vote wasn’t even close, with 65 in favor, five against with a half dozen abstentions. Unlike legalizing...
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CBD oil
Jennifer Lett/South Florida Sun-Sentinel via AP
April 02, 2019 - 4:50 pm
(Associated Press) — With CBD showing up everywhere, U.S. regulators announced Tuesday they are exploring ways the marijuana extract could be used legally in foods, dietary supplements and cosmetics. The U.S. Food and Drug Administration said it will hold a public hearing May 31 to gather more...
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KYW Newsradio
March 31, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) -- This week on Flashpoint: Host and KYW Community Affairs reporter Cherri Gregg asks the burning questions about the economy of cannabis. This week, the New Jersey legislature postponed the vote to legalize recreational marijuana after they were unable to secure enough...
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Marijuana plants at a home in Honolulu.
Marina Riker/AP Photo, File
March 19, 2019 - 8:08 pm
LOS ANGELES (AP) — A growing majority of Americans say marijuana should be legal, underscoring a national shift as more states embrace cannabis for medical or recreational use. Support for legal marijuana hit 61 percent in 2018, up from 57 percent two years ago, according to the General Social...
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Kim Glovas
March 09, 2019 - 4:00 am
NEW JERSEY (KYW Newsradio) — A South Jersey college is teaming up with the state's budding cannabis community, hoping to prepare workers for the new cannabis industry in the state. The Atlantic Cape Community College is collaborating with the New Jersey CannaBusiness Association. READ: Got an...
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Colton Welch, a junior at the State University of New York at Morrisville, N.Y., tends hydroponic tomato plants which will provide students with data applicable to cannabis cultivation on Feb. 14, 2019.
Marry Esch/AP Photo
March 04, 2019 - 4:19 pm
By Mary Esch, Associated Press Grace DeNoya is used to getting snickers when people learn she's majoring in marijuana. "My friends make good-natured jokes about getting a degree in weed," said DeNoya, one of the first students in a new four-year degree program in medicinal plant chemistry at...
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Canopy Growth CEO Bruce Linton explains why he thinks regulators in the U.S. might relax federal restrictions.
February 15, 2019 - 1:43 pm
By Paul R. La Monica, CNN Business (CNN) -- Canopy Growth's cannabis business is booming thanks to the legalization of recreational marijuana in Canada last fall. Revenue for its fiscal third quarter surged 282% compared to a year earlier, the company reported Thursday. Chairman and co-CEO Bruce...
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Supporters of Proposition 1 party as results come in Tuesday, Nov. 6, 2018 in Detroit, Mich.
Kirthmon F. Dozier /Detroit Free Press via USA Today Network
January 28, 2019 - 3:00 am
KYW Newsradio’s Medical Reports are sponsored by Independence Blue Cross. By Dr. Brian McDonough, Medical Editor PHILADELPHIA (KYW Newsradio) — There is growing momentum for the legalization of recreational marijuana throughout the country, despite the fact that there are major concerns from a...
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