WeedLife News Network
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Cash-strapped governments around the country have found a silver lining in the pandemic-caused loss of tax revenue. Legalized marijuana has provided millions to state and local governments - in some cases, millions more than anticipated. The ability to raise tax dollars has been a selling point for marijuana legalization from the beginning. Long be
The cannabis plant is one of the oldest medicines on earth, with humans having used it for medical purposes for thousands of years. It wasn’t until the better part of a hundred years ago that medical cannabis became prohibited on a global scale. Cannabis is medicine, as proven by tens of thousands of peer-reviewed studies and countless personal exp
Cannabis companies haven't made many deals outside of its own industry, but a couple of the more notable ones have involved tobacco. Altria (NYSE:MO) invested $1.8 billion into Cronos Group (NASDAQ:CRON) back in 2018 to take a 45% stake in its business. And last month, British American Tobacco (NYSE:BTI) invested roughly $176 million in OrganiGram
The American Herbal Products Association (AHPA) has published a lexicon to support the standardization of terminology used in the hemp industry. As new industries develop, so does associated language and jargon. Sometimes words and terms used have different meaning when applied in other sectors, which can lead to confusion and mistakes being made.
New York’s cannabis legalization law contains a provision to expunge certain convictions for marijuana-related offenses, and the state Office of Court Administration said the measure is expected to wipe out criminal records for potentially tens of thousands of people — including 19 individuals who are currently serving state prison terms. The deadl
If Washington wants to be as competitive as possible, it has to drop the cottage cloak around ownership at some point — and eliminating it for financiers just isn’t enough. I absolutely loved Washington State when I lived there. I lived in Seattle for seven years and was one of the first attorneys in the state to take on medical cannabis business c
Hemp cultivated for seed and grain comprised approximately ten percent of 2020 total U.S. acreage, approximately 14,000 acres, according to data provided by Hemp Benchmarks. By comparison, Canadian cultivators grew more than five times that acreage, beyond 75,000 acres, the vast majority of which were exported to the United States. Original link
The cannabis industry has seen some players make big bets on beverages, but so far it hasn’t paid off. The market is definitely growing, just not at the rate many had hoped for. Plus, the slow growth of this form factor is not an indication that it won’t continue to increase and eventually gain even more market share. Cannabis tracking firm Headse
People used cannabis in large numbers during the height of the lockdowns caused by the pandemic. Investors, including big-name celebrities and well-known venture capital funds, are banking on that trend to continue as the pandemic lessens its hold on the country. The interest in cannabis became apparent the moment lockdowns began as long lines form
With Montana set to become the next state to legalize marijuana, lawmakers in Big Sky Country will have some options on how to go about implementing the policy. Local TV outlet KPAX reported this week that legislators there in the state House have “advanced three bills that provide different visions for how to implement recreational marijuana in th
Cultivating cannabis is one of the most enjoyable and rewarding forms of gardening. Whereas some crops can take weeks or even months to show some growth, the cannabis plant grows fairly quickly. It’s almost as if every day there are new leaves, and eventually, new buds on cannabis plants, which any seasoned cultivator will be quick to point out. Th
Researchers believe they may have identified the chemical primarily responsible for complaints regarding the smell of some marijuana and hemp cultivation operations. We recently mentioned complaints in connection with the smell of hemp farms – some of them anyway – are far from being uncommon. But it turns out what has been described as a “skunky-l
New York recently became the 15th U.S. state to legalize cannabis for recreational use. While 67% of U.S. adults support marijuana legalization, public knowledge about cannabis is low. A third of Americans think hemp and marijuana are the same thing, according to the National Institutes of Health, and many people still search Google to find out whe
South Carolina's medical marijuana legalization bill is heading to likely defeat without getting a debate in the state Senate. Despite the discussion being scheduled for Tuesday, opposition to the proposal among lawmakers is becoming increasingly clear, with Sen. Greg Hembree (R-Myrtle Beach) announcing he intends to block the debate from even star
Stoned drivers and weed-smoking workers take note: marijuana Breathalyzers will soon be in the hands of police officers and employers. In fact, marijuana Breathalyzer prototypes have already been put to use for Covid-19 testing, after some innovations allowing them to detect SARS-CoV-2 antigens in breath. Marijuana Breathalyzers have been in develo
Advocates are calling New York’s legal marijuana program the best in the nation. One called it a watershed and a new era for marijuana justice, after hard work and long odds. Years of wrangling and tense negotiations finally ended in victory when adult use marijuana was finally legalized on March 31, 2021. How Great is New York’s New Legal Cannabi
London Mayor Sadiq Khan will form a commission to study the potential of decriminalization of cannabis if he is re-elected next month, according to media reports from the United Kingdom. Khan was expected to unveil the proposal to study the health, economic, and criminal justice benefits of cannabis decriminalization on Tuesday as part of his platf
The marijuana industry in New York will be similar to Colorado’s, where nine years after it was legalized there are nearly 1,000 retail stores and small medical marijuana dispensaries spread across that state. For many people who suffer from conditions such as insomnia, depression, post-traumatic stress disorder or chronic pain, the legislation wil