WeedLife News Network

There are expected to be a number of fast-growing trends this decade, including cloud computing, the Internet of Things, artificial intelligence, and cybersecurity. But don't sleep on marijuana. After generating an estimated $10.9 billion in worldwide sales in 2018, legal channel cannabis sales are expected to hit anywhere from $50 billion to $200

The legal cannabis industry continued to make inroads against its illicit counterparts, as one-quarter of all sales took place among regulated players in the first quarter of the year, according to new data from the Ontario Cannabis Store. The provincial pot distributor's quarterly review showed that the province controlled a 25.1-per-cent share of

Since the onset of the COVID-19 pandemic, Montana has plummeted into the worst economic recession since World War II. A recent analysis conducted by Montana's Bureau of Business and Economic Research (BBER) projects that the state will experience a 7.3 percent decline in employment in 2020. While this downturn affects the spending power of individu

Cannabis does not actually calm the digestive tract. Instead, this is how it treats nausea. People around America more and more are using cannabis as a treatment for nausea, from cancer patients trying to combat the nausea that follows chemotherapy to expecting mothers trying to keep food down in the months before birth. As more is discovered about

With the green light given for a cannabis testing laboratory to begin operations, Missouri’s medical marijuana program supply chain is now complete and will soon be serving patients. Last week’s approval of EKG Labs in St. Louis comes nearly two years after voters legalized the medicinal use of cannabis with the passage of a constitutional amendmen

Canopy Growth Corp., the cannabis company that attracted Corona beer producer Constellation Brands Inc. as an investor, is moving to bring cannabis beverages to the U.S. in 2021. The drinks will contain THC, the psychoactive compound found in marijuana, in dosage amounts designed to keep people buzzed and social in a similar way to beer, cocktails

With cannabis prohibition on the decline and medical marijuana now legal in 33 states, it’s a great time for innovators to create new and exciting technology to improve how people cultivate and consume cannabis.  However, it hasn’t always been this way.  Bryan Buckley, who is the CEO and Founder of Helmand Valley Growers Company, explained the stru

Missouri inched closer this week to its first commercial marijuana sales when a laboratory here got a green light to start testing samples of pot expected to hit shelves by late October. EKG Labs on Saturday became the first of 10 licensed medical marijuana testers to start operations after passing a state inspection. That means marijuana currently

Arkansans spent $154 million on 24,067 pounds of medical marijuana since the first dispensary opened in May 2019. This is according to Scott Hardin, who is a spokesperson with the Arkansas Medical Marijuana Commission. In Northwest Arkansas and the River Valley specifically, 8,416 pounds of medical marijuana were sold since August 2019. There are c

Market research company OH Predictive Insights finds that the legalization of recreational cannabis in Arizona is almost split amongst voters. The recent poll surveyed by 600 likely voters answered the question, “ Do you believe that marijuana should be legalized for adult use in the State of Arizona?” The survey was conducted between September 8-1

In a time marked by shuttered business, depressed consumer shopping, and plunging retail spending, not many markets can claim the victory that the CBD (cannabidiol) market has done so far. Back in 2018, sales of CBD products in the United States alone harvested a generous $600 million-$2 billion. Sales of CBD have actually grown slightly from those

Buying CBD products can be confusing to say the least. One thing that often perplexes CBD consumers is the difference between broad spectrum and full spectrum CBD. With thousands of CBD products on the market, different brands are struggling to stand out. One major difference between CBD oil tinctures is whether they contain broad spectrum or full-

Voters have some big decisions to make when they cast their ballots by Nov. 3. A Joe Biden presidential victory could lead to the decriminalization of marijuana at the federal level, which would certainly be a big step forward for the industry though it would stop short of full federal legalization. In addition, Arizona, New Jersey, South Dakota, a

A new bill has been introduced to Congress by a team of Democratic senators who think it’s unfair that cannabis businesses in legal states are excluded from federal aid while other businesses in the state are able to get a leg up with government-funded help. Original link

Asian countries have not been known for their acceptance of cannabis either as a recreational drug, or for its medicinal value. Thailand is the first Asian country to break stride, legalizing medicinal cannabis, and opening up a global export market. Change doesn’t always come quick, and Asian countries like China and Japan have been notoriously to

To some, artificial intelligence (AI) may be categorized next to the likes of Bitcoin and blockchain: it’s just another techie buzz word. For others, artificial intelligence could conjure up images of sentient robots hellbent on world domination. While artificial intelligence, in some ways, can be those things, what it is in practice often looks mu

Independent consultancy NNE and venture advisory firm Volvér showcase the significance of science and risk in devising a manufacturing facility. How can cannabis producers bring a high quality, reliable product onto the market? Morten Allesoe, Principal Consultant and Christian Carlsen, Venture Partner at independent consulting firm NNE, tell MCN a

Petitioners claim that a recent DEA rule is unlawful because it exceeds the DEA’s authority and violates the 2018 Farm Bill. On August 21, the Drug Enforcement Agency (the “DEA”) released an Interim Final Rule (the “Rule”), which, in part, suggests that in-process hemp extract shall be treated as a schedule I controlled substance during any point a