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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
International weed sales projected to reach $35 billion in 2022
420 Intel
Business & Finance
The cannabis industry data experts at BDSA Analytics have released a global cannabis sales forecast today that projects the international weed market will sell $35 billion in 2022. It’s a 22% increase over the global sales in 2021, which topped off at $29 billion. The compound annual growth rate of the cannabis industry sits at a whopping 15% year-
Santa Barbara County opens the door to more cannabis processing
420 Intel
Politics
But Stiffer Odor-Control Regulations Are Coming in North County, Supervisors Say The Santa Barbara County Board of Supervisors this week expanded the burgeoning cannabis industry in the North County and Carpinteria Valley, removing processing buildings from the acreage caps on cultivation there — a change that some residents viewed as a broken prom
Biden admin to applicants: Maybe don’t invest in weed companies
420 Intel
Politics
The new policy underscores how the business of weed, ever more legitimized, is forcing adjustments by the feds. Smoking weed may no longer be the only potential impediment to getting a job with security clearance in the Biden administration. Investing in cannabis companies could now trip up applicants, too. The Biden administration has expanded its
What's required to start a recreational cannabis business in New Mexico?
420 Intel
Business & Finance
  Retail recreational cannabis businesses can open as early as April 1 in New Mexico. However, there are a host of challenges and steps for business owners to consider before opening a recreational dispensary.  This includes zoning laws, application and permit fees, a security plan and more which may vary on a state and local level. Rules and laws
Medicinal cannabis flower sales begin in Minnesota
420 Intel
Business & Finance
Minnesota residents can now purchase medical cannabis, making products more affordable for patients who need access. Sales of medicinal cannabis flower began in Minnesota on Monday, giving the state’s medical marijuana patients a new and more affordable option to access their medicine of choice. The Minnesota Department of Health announced in Febru
Americans are choosing marijuana over alcohol
420 Intel
Cannabis News
As experts and advocates have pointed out, liquor is strongly associated with negative long-term health issues, such as deadly alcohol poisoning. Despite marijuana still being a Schedule I drug, while alcohol is legal for adults over 21, nearly one-third of over 10 000 Americans said they think it would be ideal if people used more marijuana and le
Clones versus seeds: What's the best way to grow a cannabis product?
420 Intel
Cannabis News
Wondering whether a clone or a seed produces the best harvest is likely not a thought that occurs to the layperson, but it’s one that cannabis producers spend significant time considering. (Click for Benzinga article) Picking between seed and clone affects almost everything about the final cannabis product. The source of the cannabis plant affects
Cannabis, controversy & confusion: Bill Clinton is back
420 Intel
Politics
  Clinton, who famously said he tried marijuana “once or twice” but did not inhale, recently talked about how CBD can help with pain management. Former President Bill Clinton, speaking at the Impact Forum in Orlando Florida, told the audience that he’s heard from people about how low-THC cannabis products can help in pain management. And while he’s
Tax hikes continue to hit the cannabis industry hard
420 Intel
Politics
  Santa Cruz County is seeing a decline in its cannabis industry, with tax revenues falling far short of projections for the 2021-22 fiscal year. County officials say that current revenues of $1.68 million are lagging behind projections by more than $1 million, and by $1.6 million for the previous year. The County currently has 12 licensed retail l
What inflation? Cannabis actually costs less these days
420 Intel
Business & Finance
The grocery run, the fuel-up and the utility bill are all costing more these days — not to mention the surging home prices and rising rents. But a trip to the neighborhood dispensary might not elicit similar feelings of sticker shock. Original link
Public polling on marijuana is more complicated than you may realize
420 Intel
Politics
  Earlier this year, Emerson College polling confirmed that Americans' views on marijuana legalization are more diverse than has previously been reported. The poll found that when presented with the real-world scenario of different policy choices, 62% of Americans favored policies other than the full legalization of the drug. In the wake of this po
‘Lady Buds’ cannabis documentary inspires two new projects
420 Intel
Cannabis News
Keep an eye out for a scripted feature adaptation and a non-scripted series spinoff of the documentary, ‘Lady Buds.’ Lady Buds is a 2021 film that looks deep into the lives of six diverse women in the cannabis industry, and the victories and challenges they have endured as entrepreneurs and members of the community. On February 23, it was announced
South Dakota lawmakers advance legalization bill
420 Intel
Politics
Voters in South Dakota may have another crack at legalizing cannabis this year—unless lawmakers there do it first. A bill to legalize recreational pot for adults narrowly advanced in the South Dakota legislature last week, winning approval in the senate by just a single vote. The legislation would bring some redemption to advocates who have been in
5 NATO countries that support cannabis legalization
420 Intel
Politics
While few countries in NATO have cannabis laws as strict as Russia, some NATO countries are still slow to warm up to legalizing weed. As tensions rise in Europe, there is noticeably more focus on NATO and the countries that belong to this organization. With NATO in the spotlight, there is a lot to digest in regards to where each of the 30 participa
New industrial hemp company plans big footprint in Vermont
420 Intel
Technology
The iconic E.T. & H.K. Ide grain mill buildings in St. Johnsbury have been sold to a company that plans to use them for processing industrial hemp. The two cousins behind Zion Growers, Travis Samuels and Brandon McFarlane, said they also have their sights set on a 200,000-square-foot industrial building 100 miles to the southwest, in Proctor, that
Cannabis industry at a tipping point waiting for regulations
420 Intel
Business & Finance
The world is waking up to the blooming cannabis market and it’s time to elevate this industry, says Eric Benz, a contributor to CannaDAO, which is creating a blockchain-based platform for the cannabis industry. Cannabis is one of the fastest-growing industries globally, with governments across the world taking steps toward legalization and investor
Arizona health department seeks info, cost estimates for marijuana clinical trials
420 Intel
Medical News
The Arizona Department of Health Services wants to know who has the desire and credentials to do human studies on whether marijuana can treat health conditions such as autism. The agency is also asking researchers to estimate their yearly cost to do clinical trials. The callout is a step toward issuing competitive grants — potentially worth $25 mil
The marijuana industry is becoming more inclusive, but progress is slow
420 Intel
Business & Finance
  On the day Joseph R. Biden Jr. was sworn in as president in 2021, an eclectic mix of demonstrators convened at the Colorado state capitol building in Denver. Among them that January day was DonQuenick Beasley, who had a message different from others in the crowd. The Bible-quoting black cannabis-rights activist held a sign saying “Give Us Our har

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