WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Cities in Illinois Can Now Collect More Taxes On Marijuana Purchases
420 Intel
Politics
Municipalities in Illinois that have cannabis dispensaries will start seeing more money from recreational marijuana purchases.  Cities, counties and villages that passed an individual 3% cannabis tax could start collecting it as of July 1. In the Metro East, that means more revenue for St. Clair County, Collinsville and Sauget, areas that passed a
Australia: NT Farmers Association Promoting Hemp Cultivation
420 Intel
Politics
In Australia, the NT Farmers Association (NTFA) is encouraging agricultural producers in the Territory to take a crack at growing industrial hemp now that it is legal to do so with a licence. The Northern Territory Government planted its first crop of industrial hemp in 2016, but it wasn’t until May 2019 that the Territory’s Hemp Industry Bill was
U.S. hemp association names 2 new board members amid reset
420 Intel
Business & Finance
The U.S. Hemp Industries Association (HIA) has appointed two new members to its board of directors. HIA named Tim Gordon, Chief Science Officer at CBD maker Functional Remedies, and Todd Runestad, an editor at the New Hope Network & Natural Products Insider website, to board positions, the Association announced in a press release. “The addition of
2 Marijuana Stocks With the Most Cash in 2020
420 Intel
Business & Finance
Since the beginning of the year, marijuana companies have seen dramatic declines due to concerns regarding oversupply in Canada and the uncertainty of legalization in the U.S. Year to date as of June 28, the ETFMG Alternative Harvest ETF (NYSEMKT:MJ), an exchange-traded fund tracking the performance of pot stocks, has declined by more than 25%. Dur
West Virginia To Revisit Medical Cannabis Lab Applications
420 Intel
Technology
Monday, June 29, West Virginia officially announced the plan to reopen their application process for medical cannabis testing labs so that more labs can get registered and their medical cannabis testing program can get off the ground. “The West Virginia Department of Health and Human Resources, Bureau for Public Health today announced its Office of
Sustainable Hemp Farming: Promoting Regenerative Agriculture In Hemp
420 Intel
Business & Finance
The hemp industry prides itself on being more sustainable, but behind that image there’s still waste and room for improvement. In theory, farming hemp should not be considered damaging to the earth at all. In fact, hemp can be regenerative to the soil on which it’s farmed. Yet due to the dramatic consumer demand that companies are rushing to meet,
Jamaica To Allow Online Medical Cannabis Sales
420 Intel
Business & Finance
Jamaica has a very long history with the cannabis plant. Cannabis is a big part of the culture in Jamaica, is used for religious purposes throughout the country, and grows very well there. Some of the best cannabis on the planet is cultivated in Jamaica, and the island nation is home to an emerging medical cannabis industry. Adult-use cannabis rema
Survey: MS Patients Using Cannabis Medicinally
420 Intel
Medical News
A survey of more than 1,000 people with multiple sclerosis has found extensive use of complementary and alternative medicine – including the use of cannabis. Researchers at Oregon Health & Science University conducted the survey of MS patients in Oregon and Southwest Washington in 2018, with the results published in the journal Multiple Sclerosis a
Marijuana collectors expected to help with testing in Maine
420 Intel
Technology
Maine marijuana regulators have created new rules about sample collections that are expected to make the state's testing system less burdensome. Maine approved adult use marijuana in 2016 and has been in the process of crafting rules and regulations about sales since. The coronavirus pandemic has slowed the rollout in recent months. The Maine Offic
Enormous Tax Revenue Is Exactly Why The Feds Won’t Legalize Cannabis
420 Intel
Politics
A tax code provision means the federal government profits more from state-by-state legalization than any nationwide model. Marijuana legalization has been touted as a possible solution to the American economy, which has faced an uphill battle toward recovery following the coronavirus pandemic.  While legalizing marijuana won’t fix every financial w
The Link Between Flavonoids, Alzheimer’s And Marijuana
420 Intel
Medical News
A new study found that higher long-term dietary intakes of flavonoids are associated with lower risks of Alzheimer’s disease and related dementias. Researchers recently discovered that a low flavonoid intake was associated with Alzheimer’s risk, meaning a diet lacking berries, apples, tea, and other flavonoid rich foods could hold one of the keys t
Will Joe Biden Change His Position On Legalizing Cannabis?
420 Intel
Politics
Marijuana legalization is intrinsically tied to social justice. However, Democratic presidential nominee Joe Biden has maintained his opposition to making cannabis legal. Some hope that could change as more people become aware of the impact that the War on Drugs has had on people of color. Even as he enjoys an early lead in election polls, people w
What's in a name? Canadians ignoring pot branding, survey finds
420 Intel
Business & Finance
It's been almost two years since Canada legalized cannabis and pot producers have spent millions of dollars marketing their wares in the hope that consumers would know their Tweeds from their Trailblazers.  Most of that money may have been completely wasted, according to a new survey that looks at how well Canadians can identify some of the brands
Thousands of marijuana offenders in Colorado eligible for rapid pardons under new bill
420 Intel
Politics
Thousands of people in the state of Colorado with minor marijuana convictions could be pardoned at once in 90 days after Governor Jared Polis signed into law a new bill on Monday. Under a broader cannabis social equity bill that state lawmakers passed earlier this month, the governor was also granted the authority to unilaterally mass-pardon Colora
The Deep South’s Gradual Evolution on Cannabis
420 Intel
Politics
Marijuana often demonstrates the ability to win over even the most conservative of individuals. That said, winning over the hearts and minds of America’s vast regions isn’t complete until cannabis endears itself to the nation’s most conservative citizens and lawmakers in the southeast.  Recent activity indicates that it may just be happening. Commo
Nearly Five Tons of Pot Seized At Canadian Border
420 Intel
Politics
Customs officials seized nearly five tons of cannabis last week from a truck that was attempting to cross into the U.S. at the Peace Bridge Port of Entry on New York’s border with Canada, federal law enforcement officers announced on Monday. The seizure is the third large pot bust this month at the border crossing that has seen an uptick in smuggli
Pot slump creates distressed opportunities
420 Intel
Business & Finance
Cannabis stocks have lost about a quarter of their value in the first half of 2020, compounding a 50 per cent drop in 2019. The upside for investors? There’s never been a better time to do distressed deals, according to Codie Sanchez, managing director at private equity firm Entourage Effect Capital LLC. Liquidity in the sector has been diminishing
Can Weed Help You Win? How Cannabis Influences 5 Different Sports
420 Intel
Medical News
A lot of athletes take weed. Far more than you know. But when you read that an athlete was suspended for failing a drug test on the news, it is easy to assume that all drugs are bad. To clear the air, two major drugs used by athletes are opioids and cannabis.  While there are tons of studies that loudly proclaim the negative effects of these drugs,

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