WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
3 Ways COVID Is Hurting CBD Sales
420 Intel
Cannabis News
A new report found that price was the second biggest factor for consumers when making CBD purchase decisions. The passage of the 2018 Farm Bill legalizing hemp sparked a CBD rush with millions in sales and seemingly everyone starting a company using some form of hemp-derived cannabis oil.  Last year’s BDSA and Arcview Market Research, industry repo
Democrats Decline To Include Cannabis Legalization In Party Platform
420 Intel
Politics
Delegates of the Democratic National Committee voted down a proposal to include the federal legalization of cannabis in the party’s 2020 platform on Monday. Platform committee delegate Dennis Obduskey of Colorado had introduced an amendment to include marijuana legalization in the platform, but the proposal was rejected by the committee with a vote
Grey Market and Black Market in the World of Cannabis
420 Intel
Politics
Black markets and grey markets pervade daily life in nearly every way. The idea of below board brands, or fakes markets are certainly nothing new. What do they mean to the newly legal cannabis market? And what are the problems that have been popping up as cannabis becomes the new darling of legally sold goods? As legal cannabis markets grow, both m
Agriculture commissioner wants to see more hemp grown in Alabama
420 Intel
Politics
Agriculture Commissioner Rick Pate stopped by Bluewater Hemp’s facility in Decatur Tuesday to check out its operation. Pate says Alabama’s hemp growers are meeting the mark so far. He wants to see farmers raise the bar when it comes to production so Alabamians can purchase products made in the state. “I’m looking forward to Alabama products, Alabam
House Speaker Admits Marijuana Could Save Texas Economy, But Won’t Pursue It
420 Intel
Politics
Estimates show legal marijuana could produce $1 billion in tax revenue, and long-time opponents now seem open to the idea. Slowly but surely the idea of recreational marijuana has gained steam in the unlikeliest of states — Texas. The Houston Young Republicans and Texas NORML called upon Texas Gov. Gregg Abbott to legalize and tax the sale of canna
Michigan: Marijuana prices down, demand surging across state
420 Intel
Cannabis News
With recreational marijuana introduced locally, the industry is becoming more of an influence in the state’s economy reports WOOD-TV 8. The state’s Marijuana Regulatory Agency shows that prices are falling, while sales are on the rise. The industry is broken up into two sections: medical and recreational. Medical is more restrictive and requires a
In Santa Barbara Battle Between Cannabis and Wine, Grand Jury Reprimands County Supervisors
420 Intel
Politics
A battle over wine and cannabis in Santa Barbara County, pitting neighbor against neighbor, is coming to a head. On June 30, a report from a grand jury tasked with monitoring local government issued a scathing report criticizing the county board for its mismanagement of the county's cannabis production. "The jury believes the Board of Supervisors,
The EU May Designate CBD Foods As Narcotics (Yes, You Read that Right)
420 Intel
Technology
Since this only covers novel foods, this may not have an effect on CBD in other kinds of products, such as cosmetics. The craze for hemp-derived cannabidiol (CBD) extends beyond the United States and into Europe. We’ve written a good amount on the difference between how the European Union (EU) regulates CBD in contrast to the United States, and lin
Legal for a Day – The Mahashivaratri Festival and Nepal’s Changing Cannabis Laws
420 Intel
Politics
From a cannabis heaven in the 60’s and 70’s to a restricted country after caving to international pressure, Nepal has some interesting cannabis laws, and might be looking at some substantial updates toward legalization in the near future. Nepal is a landlocked country in Asia surrounded mainly by India from three sides, and Tibet from the north. It
First Australian Hemp Seed Export Under Amended Legislation
420 Intel
Business & Finance
This first successful export of hemp seed from Australia to New Zealand recently occurred under new legislation removing some roadblocks to Australia’s hemp and medicinal cannabis sectors. There wasn’t any further detail on the nature of the export – for example if it was hulled seed, raw seed for food purposes or seed for planting – or the company
Which To Choose: Pure CBD Extracts Or Cannabis-Derived CBD With Some THC?
420 Intel
Cannabis News
While CBD is the major player in treating an illness like severe seizures, it’s really an entourage effect that makes the compound work. Ever since the 2018 Farm Bill passed in the U.S., CBD has been a hot topic, to say the least. The legislation, which effectively legalizes industrial hemp, significantly opened the market for hemp-derived CBD. Fro
Cannabis-Adjacent Illinois Businesses See Uptick in Demand
420 Intel
Cannabis News
With the legalization of the recreational cannabis industry in Illinois, the cannabis accessory industry has seen an uptick in Carbondale. The Legal Smile CBD wellness and head shop opened on the south end of Carbondale in May 2019. Shop owner Jacob Buckman said, as to be expected, his business has seen an uptick since recreational cannabis became
3 Top Cannabis Stocks to Buy Right Now
420 Intel
Business & Finance
While the healthcare sector is fighting to reach the finish line of finding a cure for coronavirus and putting an end to the worldwide misery it causes, cannabis is proving relief to people dealing with this crisis. This has put the cannabis sector in the limelight again -- not only highlighting the medical benefits of marijuana, but also giving an
Tasmanian Researchers Studying Hemp As Sheep Feed
420 Intel
Business & Finance
Tasmanian Institute of Agriculture (TIA) researchers are investigating hemp’s potential as a dual-use crop – sheep fodder as well as seed. The research, led by Dr Beth Penrose, will occur over two years and involve trial sites established at TIA’s Forthside research facility situated on Tasmania’s north-west coast  and a commercial property near Cr
Thailand Hospitals get green light to produce cannabis meds
420 Intel
Politics
Health promotion hospitals in the provinces have been given the go-ahead to concoct traditional medicines using cannabis to cure illnesses common in their areas, the Department of Thai Traditional and Alternative Medicine says. The department has authorised the hospitals, formerly known as suk sala clinics, to produce traditional medicine from amon
Chronic pain patients are increasingly turning to cannabis for relief
420 Intel
Medical News
Chronic pain affects one in five Americans and recent data compiled by Harvard Medical School suggests that more people are turning to cannabis for relief than ever before. “Though cannabis use was a taboo just a decade ago, increased widespread availability of medical and recreational cannabis coupled with social acceptability and its potential me
Does Cannabis Legalisation Lead to an Increase in Road Traffic Accidents?
420 Intel
Politics
In the lead up to the legalisation of recreational cannabis in Canada and the ongoing legalisation in some US states, opposing parties continued to warn of the resulting increase in road traffic accidents. However, following legalisation, a number of studies have aimed to assess whether this is actually the case. Cannabis is the most commonly used
UK: First medical cannabis patient to receive funding for one year
420 Intel
Medical News
Sapphire Medical Foundation has announced its first patient has secured medicine funding for one year. Two years following the rescheduling of cannabis-based medicinal products in the UK, Sapphire Medical Foundation has announced its first patient has successfully proceeded through the grant making processes and has seen a clinical specialist who h

WeedLife.com