WeedLife News Network

The CBD market has always been a tough place to succeed. And companies experienced yet more hurdles in 2020, as a pandemic and an assortment of lawsuits gripped the industry. In the face of such strong headwinds, it seems like it’ll also be hard for CBD businesses to grow in 2021. But it won’t be impossible. Despite obvious difficulties, the indust

More women are buying cannabis, which could lead to shifts in product demand. Women still make up a minority of adult-use marijuana purchasers – 33.6 percent in February – but that’s increased almost a full percentage point from 2020. While that trend might not be a dramatic shift in the gender makeup of retail marijuana sales, it could have a last

Chronic pain patients who used cannabis saw sustained improvement in their condition over time, according to the results of a recently released study. An abstract of the research, “No pain, all gain? Interim analyses from a longitudinal, observational study examining the impact of medical cannabis treatment on chronic pain and related symptoms,” wa

An Irish start-up has just raised $5.3 million (€4.5 million) in financing to provide loans to farmers in Ireland and across the world to encourage them to grow hemp for use in cannabidiol (CBD) products. Co Meath-based Greenheart CBD, which was founded by Paul Walsh and Mark Canavan two years ago, uses drones and artificial intelligence to help ma

For many, the jolt of caffeine and the mellowing effects of cannabis make a perfect combination. When the two meet in the body and mind, they can amplify one another, but research is limited as to how they interact on a chemical level. Scientific studies on what happens when your morning joe meets your morning joint are scattershot and inconclusive

Thirty medical marijuana oil dispensaries could open across Georgia once companies start producing the drug, under a bill that passed the General Assembly.   The legislation would set a limit on the number of dispensaries for the first time as companies prepare to begin producing medical marijuana oil in Georgia. Senate Bill 195 is awaiting Gov. Br

The Senate voted 30-5 in favor of the industrial hemp legalization bill. HB 126 has already passed the House. It will now go to the governor’s office. The law would change Idaho Code to differentiate industrial hemp from marijuana. It would do so by amending “Idaho’s list of controlled substances to differentiate between hemp, which has no more tha

As many states are doing, New York fully embraced the concept of social and economic equity by setting a target goal of 50% of licenses issued to social and economic equity applicants. After years of fits and starts, New York finally legalized adult-use cannabis and expanded its previously restrictive medical cannabis program. As the nation’s third

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