WeedLife News Network

Now is an excellent time to be in the infused products game. In the next four years, experts predict that legal retail sales of THC-infused products alone will surpass $21.5 billion. CBD is becoming more mainstream every day, and quality infused products are pulling in A-list investors.  Still, creating a successful infused product is very much a s

New Mexico’s largest medical cannabis producer is asking a state District Court to enforce a judge’s 2018 order for the Department of Health to ensure medical cannabis patients have an adequate supply. New Mexico Top Organics-Ultra Health alleges in a motion filed Wednesday in First Judicial District Court the state agency has not only failed to en

The latest report from the Canadian Centre for Policy Alternatives (CCPA), titled The Golden Cushion, lists Canada’s top-paid CEOs in 2019. On average, the top-100 CEOs made 202 times what the average Canadian worker earned. Original link

Big Gains For Cannabis Stocks Original link

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

Maine is currently the only state in the country to kick off recreational marijuana sales during the pandemic. According to the Maine Office of Marijuana Policy, even with nearly 45 active licenses given to growers, manufacturers, testing sites and retail stores across the state, the demand has been too high for the supply chain to keep up. But off

The year 2,020 has already ended and Costa Ricans continue to wait for strong answers, due to the pending approval of the bill to legalize the production of Cannabis and Hemp in the country. These have been difficult days with the COVID-19 Pandemic around the world, where all sectors, mainly the agroproductive, have been affected. The adaptation pr

Marijuana sales in Colorado in November pushed the industry’s annual revenue over $2 billion for the first time since cannabis was legalized for recreational use by a 2012 ballot measure. Recreational and medical sales for marijuana accounted for about $175 million of revenue in November, according to data released Tuesday by the state Department o

Are Cannabis Stocks Good For Long-Term Investing? Original link

Adults in Virginia will be able to legally purchase marijuana for recreational use in two years, under a proposal unveiled Wednesday by the governor of the commonwealth. Under the proposal offered up by Virginia Gov. Ralph Northam, according to local television station WRIC, adults aged 21 years and older would be able to purchase pot as of January

A significant marijuana growing operation was found in Belchertown this week where police officers found hundreds of marijuana plants that violated the legal limit for growing marijuana at home.  The Belchertown Fire Department received a call of a possible house fire and when they arrived at the home on West Street they noticed a significant growi

The state of Mississippi is set to roll out its medical marijuana program this summer. The Mississippi State Department of Health, which is in charge of regulating the program, is currently building rules and a framework for the program. Those are scheduled to be released sometime in July, WJTV reported. On August 15, licenses will be distributed a

Oregon recreational cannabis sales soared in 2020, peaking during a challenging summer of racial justice protests and coronavirus lockdowns. The Oregonian/OregonLive reports the result was a record year of business for the state’s marijuana purveyors, based on data from the Oregon Liquor Control Commission, which oversees marijuana sales. Total mar

Lawmakers can’t agree on tax revenue, how it should be allotted, or how to set up an industry that creates a level playing field for all. New York Governor Andrew Cuomo has promised again that marijuana legalization is coming. However, because of how the legislative grind works in the real world, he might have to storm the state capitol to get it d

A California cannabis industry executive is calling on President Donald Trump to use his executive power in the waning days of his presidency by issuing a pardon to a nonviolent cannabis offender. Kyle Kazan, the CEO of vertically-integrated cannabis company Glass House Group, issued the plea for clemency for Parker Coleman, Jr. in an open letter t

The U.S. Food and Drug Administration is still inching its way towards developing consumer protection standards relating to CBD. Back in 2019, it appears it came as a shock to many Americans federal standards for cannabidiol (CBD) hadn’t been developed. The FDA has repeatedly stated this has been due to gaps in its knowledge and it’s a situation th

The French parliament will launch an online questionnaire today to better understand public opinion towards recreational cannabis use. The questionnaire, which will have five or six questions, will be available on the Assemblée nationale website for around one month. MP for Essonne and leader of the project, Robin Reda, told AFP that a report detai

The global cannabis market is expected to continue climbing to new heights over the next few years, according to a recent report. The report from Arcview Group & BDS Analytics, that said that the global cannabis market is expected to reach to $42.7 Billion by 2024. “That is a true testament to just how popular cannabis is among consumers and the on