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Cannabis Drinks Are Projected To Make $2 Billion This Year

More and more people want their drinks cannabis-infused. That's one message entrepreneurs are finding easy to swallow.

The year 2020 may go down as the worst in memory, but not for cannabis beverage manufacturers.

According to a report by Prohibition Partners, the global cannabis drinks market will be worth $1.82 billion by the end of the year. That number is driven by consumers looking for cost-friendly relief from the current COVID-19 pandemic.

Why are so many obeying their thirst?

Israeli Lawmakers Advance Cannabis Legalization Bills

Israeli lawmakers have advanced two cannabis legalization bills to the country’s top legislative body.

Members of Israel’s ruling party coalition have advanced two cannabis legalization bills, guaranteeing their support of the reforms in the Knesset, the Jerusalem Post reports. The bills were submitted by Likud MK Sharren Haskel and Blue and White MK Ram Shefa and were advanced by the Ministerial Committee on Legislation on Sunday.

Best cannabis strains of summer 2020

Let’s be fair—whatever is in your bowl right now is the Strain of the Summer, for you. Cannabis is so personal.

But beyond you doing you, there are definite, massive trends abloom in cannabis flower culture. We can see Runtz grown by the acre for the early summer light-dep harvest. We have search data on Glues, and sales data on Cakes and Cookies that backs up what expert growers and dispensary buyers in the field say is happening. And we have our own subject matter experts staying close to the plant—donning PPE to shop in legal stores and walk the weed beat for our readers.

Cannabis companies facing proposed class-action lawsuit over alleged mislabelling

Some major cannabis companies in Canada are facing a multi-million dollar proposed class-action lawsuit over allegations the potency of their products is “drastically different” than advertised.

The statement of claim filed in Calgary on Tuesday accuses the companies of failing to properly label their products and alleges negligence on their part.

The plaintiffs are seeking a $500-million judgment — “or such other amount as may be proven at trial” — along with punitive damages of $5 million from each of the defendants.

Marijuana Legalization in South Dakota Lies with Voters Now

Marijuana legalization in South Dakota could see daylight in 2020. The state passed measures to legalize both recreational and medical marijuana. Luckily, both of the measures collected the required signatures before the COVID-19 pandemic hit. The only issue was if the pandemic didn’t retreat by November, it would be hard for people to vote on the measures. Now that lockdown restrictions have been easing, voting should be possible.

An “Essential” Distinction? Medical Versus Recreational Marijuana In The Time Of COVID-19

When Mitt Romney was running for president in 2012, he traveled to Colorado, where a reporter questioned him about the state’s impending legalization of recreational marijuana.

“Ask me about something important,” he shot back, before calling on the next journalist.