WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
The idea of adding cannabis to your investment portfolio may seem far-fetched. But this once frowned-upon commodity is fast becoming a viable asset for long-term sustainable wealth creation. The demand for cannabis as a medical treatment is growing rapidly, and the Centre for Medicinal Cannabis (CMC) predicts that by 2024, the UK medical cannabis
Cannabis may be consumed by adults of all races, ages, and genders, but in Canada, those employed in the upper echelons of the nascent industry don’t reflect that diversity. According to a report published by the Centre on Drug Policy Evaluation (CDPE) and the University of Toronto, the leadership of the country’s licensed cannabis producers is mad
Will These Cannabis Stocks See More Momentum? Original link
Cannabis has been illegal at a federal level in the US since 1970, when the Controlled Substances Act was passed by the Congress. Things started to change in 1996, when California became the first state to legalize medicinal use of marijuana. Since then it has been a long and treacherous road, but most states (35 to be more exact) have legalized th
According to the Canadian Hemp Trade Alliance, Canada’s hemp acreage and export value are both up more than 20% this year. “The Canadian hemp industry continues to grow in 2020 despite the challenges posed by COVID-19,” CHTA board chairman Keith Jones said in a statement after the group’s annual meeting, held online this year. “Canada seeded some 9
The United Nations has voted to remove cannabis from its classification as a dangerous drug. This week the U.N. Commission on Narcotic Drugs voted to remove cannabis and cannabis resin from a category of the world’s most dangerous drugs. This decision could potentially jumpstart the global medical marijuana industry. Many cannabis companies have ey
We know what you’re thinking: isn’t an article about “cannabis scalability” a bit premature? After all, we’re talking about an industry that’s still federally illegal. How could businesses plan for the future when marijuana laws are in constant flux? True, scalability is trickier in the cannabis sector, but that doesn’t mean business owners should
The U.S. Department of Agriculture (USDA) Risk Management Agency (RMA) has announced an expansion of the pilot Multi-Peril Crop Insurance (MPCI) plan for hemp that will take effect in the 2021 crop year. MCPI is the most common form of the federal crop insurance programme in the USA that insures against crop yield losses from all natural perils suc
On Tuesday, Dec. 8, from 1-2 p.m. CST, the Minority Cannabis Business Association (MCBA), along with the U.S. Hemp Roundtable (USHR), will host a free webinar, “Cultivating Entrepreneurship in the Hemp Industry: A Complimentary Webinar for Small and Minority-Owned Companies.” The webinar is designed to provide essential information for small and sm
Zimbabwe sees export earnings from cannabis outstripping those of tobacco by almost three times after last year legalizing the cultivation of the plant for medicinal use. Original link
(image: Cresco Labs) As the industry standards continue to be defined, this is the packaging every weed company should focus on. It may come as a shock to you, but most people don't know much about cannabis. A Science Daily study about THC levels in edibles found that most consumers aged 16—30 could not identify if an edible had low or high THC lev
(image: Inside a GrowGeneration hydroponic garden center. Source: GrowGeneration) GrowGeneration Corp., the largest hydroponic garden-center chain in North America, is on a tear worthy of its name. The gardening supply company has gained over 700% so far this year, making it the best-performing cannabis stock of 2020 amid a sector-wide rally on hop
Marijuana firm Aurora Cannabis (TSX:ACB)(NYSE:ACB) has entered into one of the biggest medical cannabis supply deals by a Canadian pot grower with an Israeli firm to-date. This comes after the Canadian marijuana firm announced its two-year supply agreement with Cantek, a leading cannabis market player in Israel. Aurora Cannabis said it “intends” to
Commissioners seem ready to close out a bumpy policy-setting process next week with a vote to adopt new regulations that would reshape the legal marijuana industry to include a home delivery aspect, but that decision could give way to a legal challenge in short order. Through an attorney, some existing marijuana retailers recently threatened to sue
If passed, the measure will improve Mexico’s living conditions while reducing drug trafficking crime. However, cannabis advocates and legal experts have several concerns. Mexican Senators approved a historic adult use cannabis legalization bill on Nov. 19, with an 82 to 18 vote. This doesn’t legalize adult use just yet, but Mexico appears well on i
The luscious green plants stretch as far as the eye can see. Row after row, lovingly tended in a glasshouse that’s roughly the same size as 34 football pitches. Thought to be one of the UK’s largest glasshouses, the 45-acre glasshouse in Wissington, Norfolk, sits in an area known for the growing of crops, vegetables and fruit, from peas and beans t
