WeedLife News Network
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Global legal cannabis sales in 2020 were up by 45% on 2019, with several leading companies reporting triple-digit revenue growth. The Covid years have been very good for the cannabis industry. According to cannabis market research firm BDSA, global legal cannabis sales in 2020 were 45% higher than in 2019, with several leading cannabis companies re
Three cultivation experts fill us in on what they are excited about as we enter the outdoor planting season. Original link
Running for president, Joe Biden promised he’d decriminalize marijuana and pardon federal offenders. So why is Daniel Muessig about to go to prison for five years? In the fall of 2020, Daniel Muessig was urging everyone he knew to get out and vote. He lived in the swingiest of swing states and, while he’d supported Bernie in the primaries, he was n
Texas Original Compassionate Cultivation (TXOG) announced that 14-year-old patient James Challenger has gone two years without experiencing a seizure. He has also stopped taking all oral seizure pills as of March 2022—a reduction of more than 20 pills a day to none after introducing medical cannabis into his treatment plan. As one of TXOG’s origina
Once you’re in the door, there’s plenty of advice floating around about style, project management, budget and all the rest—but how do you actually get the job in the first place? We’re asking designers to peel back the curtain and walk us through how they landed a project, step by step. Here, Patrick Boothe, an architect and director of the commerc
The Lod-based company Panaxia reported increased revenues from the Israeli market for its sales of medical cannabis in 2021. The Israeli cannabis company Panaxia released its earnings for 2021 Tuesday. Panaxia, which is based in the mixed Arab-Jewish city of Lod, said its net Israeli revenues increased 38% to $83.6 million, according to a press re
The number of medicinal cannabis companies with licences in the Island has more than doubled, although the Economic Development Minister has played down any expectations that the fledgling industry could be the ‘saviour of Jersey’s economy’. Senator Lyndon Farnham admitted that his department remained unsure what the industry could generate for t
The bill would have allowed for self-certification for adults 21+ to use medical cannabis and established a tax holiday for medical cannabis products during April. District of Columbia Council Chairman, Phil Mendelson, introduced a new emergency bill to reform the medical marijuana market in the nation's capital where cannabis is fully legal but sa
An advancement in the field of marijuana extracts involving the carbonation of the resin containing attributes new to the field of Cannabis extraction. This technique combines the carbonating effect of CO2, used as a cosolvent, in conjunction with a typical hydrocarbon butane extraction. This type of extraction, developed by Extractioneering, is
Op-ed: Paul Lewin explores how Delta-8 THC, a cannabinoid that is currently legal across the U.S., is impacting the legal market and the push for federal cannabis reform Delta-8 THC is a cannabinoid considered similar to delta-9 THC — the compound typically referred to as THC — as both produce psychoactive effects, but in actuality, delta-8 is only
The House of Representatives approved the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act, H.R. 3617 on Friday, sending it to Senate. The MORE Act removes cannabis from the federal Controlled Substances Act, allowing states to legalize cannabis, its production and sale, free from federal interference. (Benzinga) Rep. Nancy Mace (R-S
THC stored in fat cells gradually diffuse into the bloods. Regardless, the rate of diffusion increases under circumstances that promote fat utilization, such as exercising and fasting. Tetrahydrocannabinol (THC) accumulates in fat tissue and can stay there for months. Although this can serve as a barrier to those who face frequent testing, athletes
The cannabis business is booming in New Mexico, also known as the Land of Enchantment, with adult-use sales reaching $3,092,712 in the first weekend. Three days and millions of dollars later, the New Mexico adult-use cannabis industry is off to a roaring start. Local television station KOAT reports that, as of noon on Sunday, recreational pot sales
With lower prices, CBD can become a true alternative to Big Pharma, and cannabis can become a plant for the people. The last two years haven’t been great for the CBD industry. The pandemic cratered in-store sales of CBD. Meanwhile, by choosing not to regulate CBD, the FDA left it in a legal gray area, limiting where it can be sold. If you need evid
Dan Ahrens specializes in portfolio management of highly regulated areas including cannabis and other vice-related investments. He is portfolio manager of the AdvisorShares Pure US Cannabis ETF (MSOS), the largest publicly traded cannabis fund. Dan is also the author of Investing in Cannabis: The Next Great Investment Opportunity. Russ Prince: Wh
Cannabinoid receptors help the brain’s dopamine system establish key connections after birth, a new mouse study suggests. Doctors warn that marijuana use during pregnancy may have harmful effects on the development of a fetus, in part because the cannabinoid receptors activated by the drug are known be critical for enabling a developing brain to wi
Nevada’s alcohol tax collections dropped during the pandemic, though tax officials attributed that more to a lack of wholesale purchases from casinos or bars than from any surge in teetotalers. Even with the COVID pandemic waning, state tax officials told legislators this month that Nevadans have made what appear to be some permanent shifts in how
TAC allows you to experiment with different product ratios to decipher the concentration that gives you the best cannabis experience. Cannabis is a highly versatile herb. As the world continues to embrace it, millions of people are being introduced to the various cannabinoids that make up the plant. Often, the tag “TAC” can be found written on th