WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
A Greek medical marijuana producer is heading for the London Stock Exchange (LSEG.L) thanks to a SPAC deal to take the company public. UK SPAC Plc, a London-listed shell company, said on Monday it had agreed a reverse takeover with Hellenic Dynamics, a European medical cannabis cultivation company. The deal values Hellenic at £45m ($62.5m). The tr
When Philip Morris International (PMI) CEO Jacek Olczak told The Mail on Sunday that the UK government should treat cigarettes like petrol cars and ban them in 10 years, many wondered why the world’s biggest tobacco company would self-sabotage itself with such a draconian statement. Original link
More than 100 million U.S. residents already live in a recreational state and 95% of residents live in a state with legal medical weed — so the consumer population is present and growing. (This article originally viewed on Benzinga By Michael Sassano) Multi-State Operators (MSOs) in the United States are primed for the next big stock amp-up, whic
The future looked bright for hemp farmers, but the demand for CBD didn’t follow at the expected levels. Delta-8 and smokable flower are the two products keeping hemp framers alive. The regulatory loophole that has allowed Delta-8 to be sold legally is also causing legal confusion. Delta-8 is a cannabis product that can be derived from hemp, but sti
Marijuana has long been an illicit yet integral part of the annual Lollapalooza music festival in Chicago. This year, it’s legal for the first time in the event’s 30-year history, and potentially big business. The four-day event began Thursday in Grant Park, and nearby Chicago cannabis dispensaries are stocking up and staffing up for what they hope
Connecticut will be rolling in heavy green due to its legalization of recreational marijuana, according to the state’s Office of Fiscal Analysis. The OFA projects that the medical marijuana industry will generate $3.1 million in sales during fiscal year 2022 – which runs from July 1, 2021 through June 30, 2022 – and another $1 million in municipal
Hemp Seed Market with 2021: Emerging Technologies, Sales Revenue, Key Players Analysis, Development Assessment and Industry Expansion Strategies 2027 Hemp seed market size is expected to grow at a compound annual rate of 8.20% in the forecast period 2021 to 2028. The rapid increase in the population of vegans is the factor responsible for the growt
Climate change got personal for my family in 2013, when a refugee bear fleeing a nearby wildfire scaled my goat-corral fence and killed most of the herd in front of our eyes. Milk providers, yoga partners and friends Natalie Merchant, Bette Midler and Stevie Nicks were lost that day (we name our goats after singers we like). Baby Taylor Swift survi
State regulators say the lottery to award licenses to operate six new medical cannabis facilities has been delayed due to an ongoing appeal of a rejected lottery applicant. The administrative appeal first delayed the lottery in the spring and now it will not happen the first week of August either, the Providence Journal reported. Matthew Santacroce
The CBD market has achieved steady growth curve even during the pandemic. CBD or cannabidiol is a natural substance derived from cannabis, found in both marijuana and the non-psychoactive hemp plant. CBD is a non-psychoactive chemical compound and may alleviate things such as anxiety and pain, which is why it is used to create wellness products, su
ALBANY — A certification process highlighting energy-efficient cannabis cultivators and a tax credit to complement it are key sustainability proposals of an industry white paper released Tuesday by New York’s Castetter Cannabis Group. The paper also called for state regulators to develop a strategy for data collection and analysis of license holder
As billionaires blast off into space to search for inhabitable planets, there are other business leaders doing their part to keep the planet we have from either burning up or being buried under all the garbage we produce. CannaCraft, a community-oriented cannabis company based in Sonoma County, has made it its mission to tackle the plastic packagin
When the New Mexico Legislature was considering a bill that eventually became the Cannabis Regulation Act, one of the major topics of concern was water use. Ultimately, lawmakers agreed to require cannabis growers to prove they had legal access to water. Original link
Marijuana smokers in Southern Illinois can now legally light up in a new consumption lounge. The Luna Lounge, in Sesser, Illinois, about 5 hours south of Chicago, was specifically built for marijuana smokers. Original link
A trial carried out in Western Australia is indicating strong potential for hemp to be a good summer feed option for livestock. There’s a lot of anecdotal evidence that hemp is a great livestock feed, but one of the challenges is regulatory – concerns about how the intoxicating cannabinoid THC may impact animal products. While THC is only present i
While the use of cannabis dates back to the third millennium BC, the ways that humans have experienced the plant haven’t changed dramatically. With legal medicinal dispensaries being welcomed into our communities, the selection and quality of cannabis products has improved vastly - but the fundamental experience of ingestible products has stayed ba
