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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Colorado Cannabis Sales Top $2 Billion in 2020
420 Intel
Business & Finance
Cannabis sales in Colorado eclipsed a record $2 billion in 2020, state records show. According to the Department of Revenue’s Marijuana Enforcement Division (MED), adult-use cannabis shops throughout the Centennial State raked in nearly $1.6 billion year-to-date through November. Meanwhile, medical marijuana dispensaries sold more than $405 million
States Most Likely To Legalize Cannabis In 2021
420 Intel
Politics
Contenders span the country, from the Northeast to the Southwest as well as some of America’s more conservative states.  American cannabis reform momentum could propel several states to pass legislation this year. Last year saw five states pass ballot initiatives, emboldening the belief that more reform efforts are on the horizon this year. Violet
Illinois Collects $62 Million in Cannabis Revenue to Support Neighborhoods
420 Intel
Business & Finance
Illinois has reportedly collected a total of $62 million in cannabis tax funds to support impoverished neighborhoods in the state. However, some are getting frustrated because the money has not yet been spent to give back to the community.  Original link
Cannabis Leaders Thoughts On New Biden Administration
420 Intel
Business & Finance
Clever Leaves Original link
Indiana Farmers Warned Of Dodgy Hemp Seed Vendors
420 Intel
Business & Finance
Indiana farmers have enough to worry about with the learning curve associated with growing hemp – and they’ll also need to be wary of dishonest hemp seed vendors too. But there is an easy way to avoid being conned. 2021 will be the first year hemp is grown in the state as a commercial crop rather than just for research purposes. There’s lots of int
3 Simple Ways Cultivators Can Shrink Their Carbon Footprint
420 Intel
Business & Finance
This story is adapted from From Seed to Success: How to Launch a Great Cannabis Cultivation Business in Record Time (2020) by Ryan Douglas Original link
The cannabis industry could give the UK economy the boost it needs after Brexit and Covid
420 Intel
Politics
The pandemic has hit economies hard and halted even the most prosperous companies in their tracks. Yet, in the often paradoxical world of business, some industries have emerged from the crisis in a favourable position and cannabis is one of them.   2020 has ultimately been a breakthrough year of progress for the cannabis industry, as countries arou
States Enter the Billion Dollar Cannabis Club For 2020
420 Intel
Politics
As states report cannabis sales numbers for 2020, record highs continue across the country. It’s become a billion-dollar business for several states, blowing out levels that states had estimated when originally planning legalization. Billion Dollar Club Colorado The Colorado Department of Revenue reported that cannabis sales in the state passed $2
Marijuana Is Replacing Alcohol During The Pandemic And May Have Long Term Benefits
420 Intel
Cannabis News
No one has died from a marijuana overdose and there is no evidence of anything more lasting than embarrassment. That certainly is not the case with alcohol.   Disclaimer: The views expressed in this article solely belong to the author and do not necessarily represent those of The Fresh Toast.  The pandemic has produced a number of social changes th
Inflammation and obesity: Can cannabis help break the cycle?
420 Intel
Medical News
Like many chronic lifestyle-related diseases, inflammation is at the core. Obesity may be no different. When it comes to obesity, doctors oftentimes prescribe medications to treat the accompanying co-morbidities, such as high blood pressure, elevated cholesterol and dysregulated blood glucose. Some note, however, that inflammation is at the root of
5 benefits of hemp induced skincare products
420 Intel
Cannabis News
Hemp is one of the most talked about ingredient in the beauty industry. When it comes to skincare the many benefits of hemp or hemp seed oil makes it’s a hero ingredient. It contains a very little cannabinoid, a compound often used for therapeutic purposes and help in soothing the skin and relieving inflammation. Along with essential fatty acids, h
Lawmakers debate potential framework of legalizing marijuana in Virginia
420 Intel
Politics
A bill that would legalize the recreational use of marijuana in Virginia and set the framework the potential billion-dollar industry got its first hearing before state lawmakers Tuesday morning. Governor Ralph Northam (D) has publicly backed the effort, which as currently written would allow sales to those 21 and older starting in January 2023. Alt
Seizures of liquid marijuana surging in Japan
420 Intel
Technology
The amount of liquid marijuana seized in Japan has been surging, putting police and customs authorities on high alert. The estimated amount of marijuana in liquid form confiscated by Tokyo Customs in 2020 jumped nearly 70 times from the previous year’s level. A customs official described the situation as “an explosive increase.” The liquid extracte
U.K. Anti-Doping allows seven suspended athletes to return to competition
420 Intel
Cannabis News
As more sporting organizations reform their approach to drug testing, U.K. Anti-Doping (UKAD) has announced it is retrospectively shortening the bans for athletes who are suspended due to recreational drug use, reports Inside the Games. As of Jan. 1, 2021, U.K. athletes who test positive for substances like cannabis and cocaine while out-of-competi
Could 2021 be the breakout year for cannabis-infused food and beverages?
420 Intel
Business & Finance
There were big expectations for the cannabis-infused food and beverage space leading up to the start of last year. Venture capital investment was increasing, seasoned executives were jumping into the trendy space and established players pledged to launch products.  But 2020 was not the breakout year for cannabis that some had anticipated.  Original
Indiana Senator Attempts To Decriminalize Marijuana
420 Intel
Politics
“Our neighboring states have made efforts to address unjust marijuana laws, and it’s time for us to do the same,” said Senator Karen Tallian. It has been said that Indiana will be one of the last states to legalize marijuana. The state is run by a bunch of holy-rolling Republicans who believe weed is the root of all evil. And they just can’t seem t
West Texas hemp could be more marketable in coming year
420 Intel
Business & Finance
Making industrial hemp a profitable commodity for the West Texas agriculture community is a goal for the Texas Hemp Growers Association, and it's looking more likely to happen this year as potential partnerships with area grocers and other companies emerge. Farmers interested in growing hemp in 2020, the first year to legally grow the crop, had to
Michigan Dispensary Gives Cannabis for COVID Vaccinations
420 Intel
Cannabis News
A Michigan dispensary has come up with an incredibly creative idea to get people on board with the concept of vaccination: offer free cannabis to those willing to get the vaccine.  Calling their promotion “Pot for Shots,” Greenhouse of Walled Lake in Michigan is determined to help up the vaccination rate and get us closer to herd immunity with this

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