WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
The use of CBD has increased rapidly in the last decade where even medical experts have endorsed it as a useful health product. This boom has triggered professionals to do more research to determine the specific benefits of CBD. As a result, the number of companies making CBD products has also increased, with some of them making better quality prod
Cannabis will soon be legal to grow in Virginia, but many growers have one question: how will they get their hands on cannabis seeds? Under Virginia's new cannabis law, residents aged 21 and up, can grow up to four plants per household starting July 1. However, it will still be illegal to buy or sell cannabis seeds in the Commonwealth. It is also a
Cannabis-laced snacks that mimic popular brand names — including “Trips Ahoy!” and “Double Stuf STONEO” — are being hawked to kids and should be banned by the state Health Department, Nassau County elected officials said at a press conference Wednesday. The products, which are currently legal under the state’s medicinal marijuana program, contain d
As New York State gets ready to kick off the legal pot industry, cannabis industry professionals from Ontario have a few suggestions to bear in mind. Put simply, they said: Learn from our mistakes. It’s been three years since the Cannabis Act of 2018 legalized the growth and sale of marijuana in Canada, and the city of Hamilton has seen both the po
Cannabis has quickly made its way from underground culture into the mainstream. As of 2020, the global cannabis industry is valued at $9.1 billion and projected to increase at a compound annual growth rate of 26.7% from 2021 to 2028. Original link
The company that owns the UK’s biggest cannabis production site for use in pharmaceuticals has called for changes to immigration policy following labour shortages after it was excluded from a visa scheme for farm workers. Peter Watson, agriculture director of British Sugar — which grows cannabis for use in epilepsy medicines at Wissington in Norfol
For cannabis operators, being compliant and efficient at the same time often feels like an impossible feat. This is especially true for cultivators, who must go to great lengths to ensure their cannabis is both high-quality and produced within the constructs of the laws of their individual state. In 2017, Matt Mayberry, Karen Mayberry, and Benjami
The implementation of a seed-to-sale tracking system for medical marijuana products in Oklahoma has been delayed by a lawsuit that seeks to transfer the costs of the program to the state. In April, the rollout of the program was postponed until the end of June by a Okmulgee County judge in the case brought by a group of medical marijuana businesses
Despite most states legalizing cannabis in some form, it is still federally illegal. So many banks, credit unions, and lenders refuse to conduct business with licensed cannabis companies out of fear of federal retaliation. Original link
On a farm in southeastern Kentucky, inside a pristine greenhouse, you’ll find row after row of hemp, or "Cannabis sativa L.” It has a high level of cannabidiol, or CBD, and a very low level of the compound tetrahydrocannabinol, or THC, this is the compound that makes people high. David Jaggers is the director of cultivation for Buffalo Skull Ra
Since the eruption of altcoins, the crypto space has experienced a wide variety of wonders and unexpected events. Smart contracts, Lighting network, DeFi, scams, bubbles and failed projects to name some of the most obvious. In the midst of this frenzy, a fascinating concept appeared: Cannabis Crypto. Some view these tokens as a possible solution t
The regulatory body currently overseeing Ohio’s medical marijuana program has now instituted new rules governing the use of Delta-8 THC, the popular, yet controversial, compound that has been known to yield similar effects to regular weed. The rules, via the Ohio Medical Marijuana Control Program, are intended to provide “guidance to licensees rega
2 Top Marijuana Stocks To Add To Your June 2021 Watchlist The current trading for marijuana stocks has started to look better over the last month. At the start of May, cannabis stocks were still trading down. However, towards the second week of trading marijuana stocks started to show signs of volatility. Original link
Israeli medical cannabis giant Panaxia announced in a press release on Wednesday that they have become the first company to receive regulatory approval to market an inhalable cannabis solution in Europe - Germany, more specifically - along with their strategic partner, the German pharmaceutical company Neuraxpharm. Original link
Will The Cannabis Banking Bill Pass In 2021 A big push from those who are sponsoring a Senate bill to defend banks is pressing a key chairman to put the SAFE Act to a vote. The purpose of the cannabis banking bill is to allow financial institutions the ability to work with marijuana businesses. This would be done without the fear of dealing with fe
Investors weren't impressed by the company's latest earnings, to put it mildly. What happened Canadian cannabis purveyor HEXO (NYSE:HEXO) has been a dud over the last few days, with its shares falling by 12% week to date as of Thursday's market close. Marijuana stocks are generally volatile, and HEXO's latest earnings report wasn't its greatest.
