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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
How are recreational marijuana sales doing after six months?
420 Intel
Cannabis News
In January 2021, recreational marijuana became legal in Arizona thanks to the passage of Prop 207 in November 2020. In the months since, dispensaries have opened their doors to recreational marijuana sales and proved to be a powerful economic engine. “It looks like Arizona is set to hit the $1 billion sales mark at the end of the year, which is hug
Neptune Launches Mood Ring Cannabis Flower in Alberta
420 Intel
Cannabis News
Alberta marks the 4th province, in addition to British Columbia, Ontario and Quebec, where Neptune Sells its Branded Cannabis LAVAL, QC, Aug. 2, 2021 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based and sustai
Covid Made Consumers Want More Pot, For Less
420 Intel
Cannabis News
Even as Americans fork out more cash for upscale forms of caffeine and alcohol, there’s one thing they increasingly want in bulk, for cheap: marijuana. In Tilray’s fourth-quarter call last week, Chief Executive Officer Irwin Simon said that Covid-19 prompted more people to shop for marijuana online, and that worked against premium brands. That cont
SPAC deal brings Greek cannabis company to London
420 Intel
Business & Finance
A Greek medical marijuana producer is heading for the London Stock Exchange (LSEG.L) thanks to a SPAC deal to take the company public.  UK SPAC Plc, a London-listed shell company, said on Monday it had agreed a reverse takeover with Hellenic Dynamics, a European medical cannabis cultivation company. The deal values Hellenic at £45m ($62.5m). The tr
Cannabis Is Part Of The Future Of Big Tobacco
420 Intel
Business & Finance
When Philip Morris International (PMI) CEO Jacek Olczak told The Mail on Sunday that the UK government should treat cigarettes like petrol cars and ban them in 10 years, many wondered why the world’s biggest tobacco company would self-sabotage itself with such a draconian statement. Original link
Canadian company files patent application for prebiotic supplement made from cannabis waste
420 Intel
Medical News
Tetra Bio-Pharma reports research the company has conducted on cannabis plant residue has demonstrated that what was previously considered “waste material” can increase the growth of beneficial gut microbes. If granted, the patent application would protect the use of cannabis plant residue material containing cannabinoids within a specified profile
Oregon officials say psilocybin may be an effective treatment for some psychiatric illnesses
420 Intel
Medical News
The research group identified depression, anxiety disorders and substance use disorders as conditions that could benefit from psilocybin therapies. The group identified depression, anxiety disorders and substance use disorders as conditions that could benefit from psilocybin therapies. / PHOTO BY JAX10289 / ISTOCK / GETTY IMAGES PLUS   A state gove
Medical Marijuana Entrepreneur Sees Racial Reckoning in Connecticut’s Legalization Of Cannabis
420 Intel
Medical News
NEW HAVEN, Conn. — Focusing on social equity, a black woman whose business certifies residents for Connecticut’s medical marijuana card is taking advantage of measures in a new state law that target the issue most important to her. Kebra Smith-Bolden, a former nurse and founder of CannaHealth, aims to provide security for people in her community wh
No hangovers or beer bellies: Cannabis firms try to woo booze drinkers
420 Intel
Cannabis News
Major beer companies are investing in THC-infused drinks, but the sector represents less than 2 percent of the overall $20 billion marijuana market. The cannabis industry has mastered the art of selling pot-infused brownies, gummies and even popcorn. But it’s struggling to boost a potentially lucrative market that centers on persuading Americans to
Cannabis Stocks: Here’s When The Next Big Wave Is Coming
420 Intel
Business & Finance
  More than 100 million U.S. residents already live in a recreational state and 95% of residents live in a state with legal medical weed — so the consumer population is present and growing. (This article originally viewed on Benzinga By Michael Sassano) Multi-State Operators (MSOs) in the United States are primed for the next big stock amp-up, whic
Delta-8, Smokable Flower Is Saving Hemp Farmers
420 Intel
Business & Finance
The future looked bright for hemp farmers, but the demand for CBD didn’t follow at the expected levels. Delta-8 and smokable flower are the two products keeping hemp framers alive. The regulatory loophole that has allowed Delta-8 to be sold legally is also causing legal confusion. Delta-8 is a cannabis product that can be derived from hemp, but sti
Chicago weed shops stock up for Lollapalooza: ‘Cannabis and music festivals go as far back as Woodstock’
420 Intel
Business & Finance
Marijuana has long been an illicit yet integral part of the annual Lollapalooza music festival in Chicago. This year, it’s legal for the first time in the event’s 30-year history, and potentially big business. The four-day event began Thursday in Grant Park, and nearby Chicago cannabis dispensaries are stocking up and staffing up for what they hope
Finding relief through cannabis even when you have a high tolerance
420 Intel
Medical News
When the first Missouri dispensaries opened their doors in 2020, getting a Missouri marijuana card didn’t really do much for qualifying patients. The selection of medical marijuana products only covered a narrow spectrum of needs, and there were no options for people with a very low or high tolerance to THC. Fortunately for residents of the Show Me
Preliminary plans for Las Vegas cannabis lounges include options for dining and entertainment
420 Intel
Cannabis News
David Farris, vice president of sales and marketing for Planet 13, poses July 20, 2021, in a 20,000-square-foot storage warehouse at the marijuana dispensary superstore on West Desert Inn Road. The dispensary is hoping the warehouse will become a cannabis consumption lounge.   As he walked through a warehouse that could eventually become home to on
Rolling in the green: CT predicts $55 million in cannabis sales by 2026
420 Intel
Business & Finance
Connecticut will be rolling in heavy green due to its legalization of recreational marijuana, according to the state’s Office of Fiscal Analysis. The OFA projects that the medical marijuana industry will generate $3.1 million in sales during fiscal year 2022 – which runs from July 1, 2021 through June 30, 2022 – and another $1 million in municipal
Virginia couple designs cannabis stash box for drivers on the go
420 Intel
Cannabis News
"Excited to have a positive impact, providing a solution for our Black community, stay in line with marijuana laws, avoid unnecessary interactions with police." “[Drivers who possess cannabis] can violate the law, maybe not even knowing they’re violating if it’s not in a sealed container,” Sarah noted. PHOTO BY LOCKGREEN PRODUCTS INSTAGRAM Sarah an
cbdMD : What Is Melatonin? What it's Used for & Why We Love it...
420 Intel
Medical News
We talk a lot about melatonin here at cbdMD because it works so well in combination with CBD. But we realize - we've kind of dropped the ball, so to speak. We have yet to address what we've assumed everyone knows. Most people know what melatonin does but have no idea what melatonin is. We thought it's time we get to the bottom of these questions: W
Emerging Technologies of the Hemp Seed Market
420 Intel
Business & Finance
Hemp Seed Market with 2021: Emerging Technologies, Sales Revenue, Key Players Analysis, Development Assessment and Industry Expansion Strategies 2027 Hemp seed market size is expected to grow at a compound annual rate of 8.20% in the forecast period 2021 to 2028. The rapid increase in the population of vegans is the factor responsible for the growt

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