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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Why is the world's largest cannabis market shooting itself in the foot?
420 Intel
Business & Finance
Taxes in California are among the highest in the United States and that of course includes cannabis-related taxes, which are so exorbitant that they are hobbling what should rightly be the country's - make that the world's largest and potentially successful cannabis market. (Benzinga) High taxes and onerous regulations are keeping unlicensed cultiv
Reasons why you need to use hemp body lotion
420 Intel
Cannabis News
The hemp body lotion is an essential addition to your natural skincare routine. Hemp is a fantastic ingredient that naturally moisturizes skin while also providing it with a host of other benefits. Hemp body lotions are a great way to incorporate hemp into your daily skincare routine and useful for those who want to use natural skincare products. H
Germany speeds up the process to legalize recreational cannabis
420 Intel
Politics
When Germany's new coalition included the legalization of recreational cannabis in its political agenda in late 2021, there were few details on how to regulate the industry. However, Health Minister Karl Lauterbach announced last week that it would start the legal process for cannabis legalization soon. He told German newspaper Handelsblatt he chan
States that legalized marijuana are bringing in more tax revenue on pot sales than alcohol
420 Intel
Business & Finance
A majority of the states that legalized recreational marijuana for recreational use are collecting more tax revenue from pot sales than alcohol sales. The first two states to legalize pot are profiting the most, Colorado and Washington. Across the country, the total revenue for taxes on weed amounted to nearly $3 billion, according to a report on “
Navisite is expanding into cannabis industry, will enhance SAP services for various aspects of industry
420 Intel
Technology
Navisite, a managed cloud service provider that renders integrated business management computer systems designed to model and automate the different areas of a company and the administration of its resources (SAP services), announced Tuesday that it is expanding its services to the cannabis industry. (Benzinga) The company offers agricultural, medi
Medicinal cannabis prescriptions are mostly going to young people
420 Intel
Medical News
  It’s been more than five years since Australia first introduced a medicinal cannabis program, and a new study has shed light on who exactly gets those scripts. As reported by The Guardian, researchers from University of Sydney revealed a bunch of juicy statistics around who is being given prescriptions, and for what conditions. It found that chro
How the pandemic became a bonanza for Florida’s medical marijuana industry
420 Intel
Medical News
Rising anxiety and worsening chronic health conditions led to a surge in demand for cannabis that businesses have capitalized on. But thanks to state law, the industry is dominated by just 22 companies. The pandemic has triggered a medical marijuana boon in Florida. Over the past two years, the number of people with medical marijuana cards has more
It’s possible to ‘factory reset’ your brain to get rid of different disorders, according to study
420 Intel
Medical News
A new study claims to erase and manage conditions like anxiety and alcohol abuse via gene editing. The brain has control over most things in our body. This pivotal organ is responsible for our moods, memories, thoughts, and so much more. Now, a new study suggests that it could be possible to give your brain a “factory reset,” as if it were an iPhon
Does Hollywood icon Christopher Walken, 78, smoke weed? ‘Sure’
420 Intel
Cannabis News
Oscar-winner reports he consumed cannabis in the past and still does The eminently talented and endlessly impersonated Christopher Walken recently handled a question about his possible cannabis use with the same style he’s known for: straight-faced, he just admitted it. In a recent interview with New York Times Magazine, the 78-year-old Academy Awa
Grant opportunity announced for cannabis cancer treatment research
420 Intel
Medical News
  National Institutes of Health (NIH) is prepping to grant funds to researchers who are studying cannabis treatment for cancer. Grant funds will soon be available to researchers who are working to treat cannabis.  A “Notice of Special Interest” (NOSI) (entitled “Basic Mechanisms of Cannabis and Cannabinoid Action in Cancer”) was posted on May 5 by
Small cannabis entrepreneurs say they can't compete against ‘Walmart of weed'’
420 Intel
Business & Finance
  Many small cannabis entrepreneurs say large companies are jockeying to lock them out of the industry and have funding that gives them more access to lawmakers. “Small businesses are the backbone of the country,” said Sarah Grant, general manager of The Dispensary in Richmond. The shop opened last year and sells Delta-8-THC flower and vape cartrid
Wisconsin Governor pardons several with cannabis convictions
420 Intel
Politics
Tony Evers, the first-term Democrat, has been a vocal supporter of bringing cannabis legalization to Wisconsin. Wisconsin Gov. Tony Evers on Friday announced dozens of new pardons, including nine for individuals previously convicted for cannabis-related offenses. “There is power in redemption and forgiveness, especially for folks who’ve been workin
Marijuana breathalyzers: Cannabix Technologies correlates THC in breath & blood in new experimental study
420 Intel
Technology
Cannabix Technologies Inc. reported that it has successfully tested a supplemental version of its FAIMS technology for the detection of delta9-tetrahydrocannabinol (THC) and related analytes in human breath in an independent experimental study. (Benzinga) The study showed a correlation between breath samples collected and analyzed with Cannabix har
Ballot measure to allow Missouri voters to decide future of recreational cannabis
420 Intel
Politics
There are more than 181,000 Missourians carrying medical marijuana cards. Missouri marijuana laws could soon go up in smoke after "Legal Missouri 2022" delivered enough signatures to put recreational marijuana on the ballot this November. There are more than 181,000 Missourians carrying medical marijuana cards currently. “There’s certainly a lot mo
South Carolina’s medical marijuana bill ruled unconstitutional, but sponsor vows to keep fighting
420 Intel
Politics
On May 4, 2022, South Carolina’s medical marijuana bill — SB 150, also known as the South Carolina Compassionate Care Act — was ruled unconstitutional by the state’s House of Representatives. The constitutional challenge was mounted by Rep. John McCravy, who argued that because the bill involves the creation of a new tax, specifically on medical ca
Israeli company to unveil psilocybin nasal spray system
420 Intel
Medical News
A modern approach to delivering small doses of psilocybin for the treatment of mental conditions is coming to fruition in Israel. Israeli biopharmaceutical company Madrigal Mental Care will unveil novel nanotechnology to deliver psilocybin via nasal spray for the treatment and prevention of post-traumatic stress disorder (PTSD) at Biomed Israel 202
Schumer pushes back release for Senate legalization bill
420 Intel
Politics
Democratic Senate Majority Leader Chuck Schumer is backtracking after saying the legislation would be unveiled this month. The wait for the Senate’s version of a cannabis legalization bill will continue for months, with Democratic leaders in the chamber indicating Thursday that it will come sometime in the summer. According to The Hill, Senate Majo
With a $120 million war chest, Brightseed is unlocking the fat-fighting power of hemp
420 Intel
Technology
The AI-powered company is unlocking the hidden healing potential of plants by finding active compounds that could target specific conditions. Next up: diabetes and sleep disorders. For six weeks in July 2017, Lee Chae, a Stanford-educated plant biologist, sat at his kitchen table in San Francisco—where he can smell and hear the Pacific Ocean—and op

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