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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Demand for recreational marijuana outpacing supply in Maine
420 Intel
Cannabis News
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
Was there Progress in Costa Rica with Regards to Hemp and Cannabis during 2020?
420 Intel
Politics
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
Colorado marijuana sales exceeded $2 billion in 2020
420 Intel
Cannabis News
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
Which Are The Best Marijuana Stocks In 2021 For Long Term Investing?
420 Intel
Business & Finance
Are Cannabis Stocks Good For Long-Term Investing? Original link
Governor of Virginia Unveils Proposal To Legalize Recreational Cannabis
420 Intel
Politics
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
What are the rules to grow marijuana legally in Massachusetts?
420 Intel
Politics
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
Mississippi set to roll out medical marijuana program this summer
420 Intel
Medical News
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 marijuana sales soared in 2020, topping $1 billion
420 Intel
Cannabis News
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
New York Gov. Cuomo Wants To Legalize Weed, But It Won’t Be Easy — Here’s Why
420 Intel
Politics
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
California Cannabis Executive Petitions Trump To Release Nonviolent Cannabis Offender
420 Intel
Politics
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
US FDA Outlines Plans For Collecting Better Cannabidiol Data
420 Intel
Technology
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
France to ask public opinion on recreational cannabis
420 Intel
Politics
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
Report: Global Cannabis Market to Surpass $42 Billion by 2024
420 Intel
Business & Finance
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
Compared to Prescription Medication, Medical Cannabis Not Always Affordable Alternative
420 Intel
Medical News
These days, you’d be hard pressed to find someone who isn’t using some type of cannabis product – either recreationally, therapeutically, or both… but have you ever wondered how everyone seems able to afford it? Although many industries are struggling amid the ongoing pandemic, 2020 has been a record year for cannabis with prices and demand both at
No, Science Has Not Proven Marijuana Lowers Your IQ
420 Intel
Cannabis News
As with so many things between 2016 and 2020, the idea that marijuana damages IQ became popular in some circles because soon-to-be-former President Donald Trump said it. In audio secretly recorded in 2018 and leaked in early 2020, President Trump told a group gathered at a White House dinner party that marijuana "does cause an IQ problem. It lowers
Marijuana use varies with seasons, shows study
420 Intel
Cannabis News
Marijuana use increases throughout the calendar year, with use up 13 percent on average at the end of each year (2015-2019) compared to the beginning, according to a new study published in the journal Drug and Alcohol Dependence. We found that marijuana use is consistently higher among those surveyed later in the year, peaking during late fall or e
Mississippi Now Has Timeline For Medical Marijuana Rollout
420 Intel
Medical News
Roughly five months. That is apparently when Mississippians can expect their newly approved medical marijuana program to begin to take shape. Two months after voters in the Magnolia State approved a measure legalizing medical cannabis, officials in Mississippi are previewing what the program’s implementation will look like in the new year. Accordin
What Will 2021 Bring for the Global Cannabis Industry?
420 Intel
Cannabis News
The year 2020 was a dud in many, many ways due to the pandemic. However, it was a record year for the emerging cannabis industry. Cannabis entrepreneurs around the globe sold a record amount of cannabis and cannabis-infused products. Unfortunately, no countries legalized cannabis for adult use in 2020, but a number of countries either allowed medic

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