WeedLife News Network

The second year of recreational marijuana sales in Illinois is off to a fast start.   Through February, the state generated nearly $170 million in recreational sales, more than double the total from the first two months of 2020, according to the Illinois Department of Financial and Professional Regulation, which licenses marijuana dispensaries. Ori

As the cannabis and hemp marketplace continues to mature, more investors have begun to enter the playing field. These groups look at the cannabis space as an opportunity to acquire or merge with businesses that can offer potentially high returns. But this process is not as simple as it seems. Sometimes, the true financial picture of a company is no

A majority of French people are in favour of legalising cannabis for recreational use, according to a recent parliamentary survey. Although France has Europe's highest number of cannabis smokers, it also has some of the harshest drug laws. The survey, involving a quarter of a million people, was carried out last month by a parliamentary fact-findin

Legalization could mean millions of dollars for the states as the growth of the supply chain will open multiple opportunities. The growth of medical marijuana has seen the trend of legalization and opening of new markets prevalent in recent years. Some states that were not leaning towards legalization have greater chances of success this year. More

The coronavirus was good for some industries and ruinous for others. For cannabis, 2020 was a breakout year. Legal sales across the U.S.—15 states allow adult use, 35 allow for medical sales—hit a record of $17.5 billion, a 46% increase from 2019, according to a new report. Most of the sales growth came from adult-use markets, especially mature mar

When it comes to products that can be made from hemp, the possibilities seem to be endless. Hemp may not get you high, but it can do pretty much anything else you can imagine. This low-THC variant of the cannabis plant has a dizzying array of uses, including everything from food to medicine to rope to bricks and more—somebody even made a sports car

Unlike CBD, CBN is not present in significant quantities in fresh marijuana, but when unheated marijuana ages or is exposed to air and light, the THC in it turns to CBN. According to a report by the Centers for Disease Control and Prevention, 25% of U.S. adults report insufficient sleep or rest at least 15 out of every 30 days. In addition to its p

Will Cannabis Stocks Resume Upward Momentum? Marijuana Stocks have begun to regain some of the market value they lost at the end of February. On the first day of March, top cannabis stocks saw upward momentum as the day progressed. During trading top pot stocks like Curaleaf Holdings, Inc. (OTC: CURLF) ended March 1st up 3.4% showing signs of possi

A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and launched a modern snowshoe. Some consumers associated snowshoeing with flimsy equipment, tedious exercise and winter vacationers who prefer to veer away from ski resorts. That simply wasn’t going to work. So we utilized innovative engineering and design

The New Zealand Medical Cannabis Council claims the country’s government scheme is being undermined by unregulated medical cannabis imports. The NZMCC says some medical practitioners are importing products and selling directly to patients, taking advantage of a loophole in Section 25 of NZ’s Medicines Act. That section provides an exemption allowin

The news Seth Rogen has waited a decade to announce? He will soon be legally selling weed in the United States. Rogen’s beloved Canadian cannabis brand Houseplant, founded with his creative partner Evan Goldberg, is launching in California. Expect to see Houseplant available initially through a direct-to-consumer ordering platform on the brand’s we

Hemp Acres, located in Waconia, Minn., is expanding its hemp processing operation.    “We have recently taken the leap to secure 37,000 square feet of food-grade space, just a couple miles from my farm, and have been converting it to a food-grade facility over the last few months,” said Charles Levine, owner of Hemp Acres. Hemp Acres came to fruiti

Almost no one used marijuana before it was prohibited. Now, almost 100 years later, it is everywhere. Disclaimer:The views expressed in this article solely belong to the author and do not necessarily represent those of The Fresh Toast. As we used to say, back when we could still go to the movies, “This is where I came in. ” In 1972, the first thing

They have names like Dream Lotus, Ghost Dawg and Blue Dream — all varieties of the cannabis plant, subsets within the species that in the world of botany would be called a cultivar but in the cannabis world are referred to as strains. Each one is cultivated for its unique properties, including height, color and leaf structure, as well as THC and CB

This year's 60-day legislative session has 20 days left, and lawmakers in the Senate have four proposals to consider. On Saturday, members of the Senate Tax, Business and Transportation Committee hashed out those initiatives with the bills' sponsors for nearly four hours. It was the first time the bills received a hearing in the Senate — a point br

The emerging legal cannabis industry is going global, with a growing list of countries that have legalized cannabis for adult and/or medical use, and even more countries exploring a similar move. At the same time, the world’s climate is changing, with extreme weather patterns picking up in frequency and severity all over the world. Climate change i

Hopefully, in time, these cities will reevaluate the deleterious effects these ordinances have on sales taxes and consumer choice. Arizonans knew zoning issues could cause headaches for dispensary owners. However, what was unanticipated are the new bans by some of the Arizona cities for recreational marijuana establishments. Shortly after the passa

Cannabis may be one of the hottest investments of the year. Original link