WeedLife News Network

Let’s be honest, 2020 sucked for everyone. Okay, everyone not named Bezos, Musk, or Zuckerberg. But when the going gets tough, the tough get… stoned? Cannabis sales were up 38 percent from last year, as many of us have hunkered down at home with whatever helps us handle the stresses of the day: our favorite foods, TV shows we still haven’t binged,

Up 64% and 34%, respectively, Tilray (NASDAQ:TLRY) and HEXO (NYSE:HEXO) are among the best-performing cannabis stocks in the industry over the past three months. And the momentum seems to be just getting started, as they both have massive upside potential going into 2021.  Original link

Columbia Care Inc.  (OTCQX: CCHWF) is buying privately-held Green Leaf Medical, LLC  for approximately $240 million with the potential for additional performance-based milestone payments. Columbia will make a payment of $240 million, consisting of a cash payment of $45 million with the balance of $195 million being satisfied by the issuance of 43,9

Pests and contaminates are a given in the cultivation of cannabis, and most standards developed to control these on other agricultural products don’t apply. This is why the U.S. Pharmacopeia has stepped in to provide analytical methods and risk-based limits for the industry to help protect public health, including looking at how cannabis is grown,

As the cannabis industry expands into the rest of the U.S. market, traditional manufacturers and other businesses are getting involved. For manufacturers, there is an opening for logistical, quality, and production help. Whether it’s in healthcare or packaging, outside industry is now applying traditional business methods to cannabis to further leg

Australia’s Neurotech International Limited (ASX: NTI) has reported final results of in-vitro studies indicate its DOLCE/NTI cannabis strains exhibit potent anti-inflammatory activity. Neurotech acquired an exclusive worldwide license to utilise proprietary cannabis strains from Dolce Cann Global, which it hopes could potentially be used to treat n

The USA’s Federal Trade Commission has announced its first crackdown on CBD vendors that make deceptive claims about their products. Operation CBDeceit is already poised to claim a few scalps – its goal being to protect consumers from false, deceptive and misleading health claims regarding cannabidiol (CBD) made in online advertisements, on web sit

In 2020, cannabinoid production undoubtedly continued to steal the hemp show. According to a recent survey by market analytics firm Hemp Benchmarks, nearly 90% of growers opted to cultivate hemp either for cannabidiol (CBD) or cannabigerol (CBG). But excitement has been simmering for another segment of the hemp market: hemp fiber. With the potentia

It's been a crazy year on Wall Street. Investors only have eyes for the unrelenting rally in and growth prospects of tech stocks. But they might be overlooking an even greater growth story: marijuana stocks. Though cannabis stocks have been on a wild ride of their own over the last five to seven years, we're beginning to see the first signs of indu

The National Basketball Association and the NBA Players Association have reached an agreement that will not test players for marijuana use for the entirety of the 2020 to 2021 season, which starts December 22. It's a continuation of a policy used during the unusual "bubble" arrangement for the 2020 NBA playoffs in Orlando. In announcing the decisio

Unlike the breathalyzer, which can detect alcohol impairment within seconds, Indiana’s new drug test experiment only shows that a motorist has used drugs. As more states work to loosen their marijuana laws, and in many cases, make it part of legal society, some are still clinging to antiquated Drug War concepts in an attempt to disrupt progress. In

Blue Dream, Purple Haze, Girl Scout Cookies, Red Headed Stranger, Acapulco Gold, Fruity Pebbles or Pineapple Express… all classic strain names and all of them meaningless. “Strain names are absolutely misleading with considerable variation in the same cannabinoid content among different specimens of the same strain. You can get the same color and t

Many states have stepped up to legalize medical or recreational cannabis, and federal legalization or decriminalization could finally be on the horizon for the U.S. But South Carolina continues to hold out as one of the states without even a medical industry, falling behind the rest of the country. All that could change, however, with the pre-filin

Medical marijuana sales in Arkansas have hit a significant milestone a little more than a year after the first dispensaries in the state began serving customers. Local news outlets in the Natural State reported that medical cannabis sales in Arkansas have officially eclipsed $200 million, with patients purchasing more than 15 tons of product.  The

Medical marijuana sales in Arkansas have hit a significant milestone a little more than a year after the first dispensaries in the state began serving customers. Local news outlets in the Natural State reported that medical cannabis sales in Arkansas have officially eclipsed $200 million, with patients purchasing more than 15 tons of product.  Orig

U.S. Senator Rand Paul has introduced the Hemp Economic Mobilization Plan (H.E.M.P) Act of 2020 that seeks to significantly boost the maximum THC limit of hemp. A major challenge for hemp farmers in the USA is the THC limit currently in place – 0.3%. Crops over this level are considered “hot” and must be destroyed. It’s a double-whammy as not only

Even during a pandemic, 'tis the season of giving and gifting loved ones with cannabis seems to be the latest holiday trend. That finding is from a new poll conducted by Glass House Group, a California-based cannabis and hemp company, which runs several dispensaries and a couple of grow sites. So what are the top choices for holiday gifts? Flower,

Bill Cobb uses medical marijuana to treat PTSD and chronic back pain. “I’m a 50-year-old Black man who’s been a civil rights worker,” said Cobb, now a criminal-justice activist in Philadelphia. “I smoke to have my brain slow down. But to be honest, I also smoke because I enjoy it.” Alleviating his physical and mental pain is difficult when he feels