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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.

Medical Cannabis Portal Launched For U.S. Veterinarians

The Veterinary Cannabis Society (VCS) has launched a website and educational portal for veterinarians, pet owners and cannabis product companies.

The use of cannabis as part of pet care is exploding in popularity. But there’s a lot of confusion and misinformation out there. Like anything, the cannabis pet care sector has its share of dodgy characters and claims. At best, some products are a waste of money. At worst, they can have a negative impact on pets – and in some cases have caused death.

The Future Of These Marijuana Stocks Looks Promising Here’s Why

As of the 18th of August, things are looking a bit better for cannabis stocks. Although the market has been down for some time it’s been more volatile. Which in comparison to the downtrend that occurred from mid-February to the end of April more overall action has been taken place. With the sector looking a bit more green some shareholders were able to make some profit on the 18th of August.

U.S. cannabis insurers get ready to roll as federal legalization nears

Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level.

While 36 U.S. states and the District of Columbia have legalized cannabis for medical or recreational use, insurance for growers, testing labs and retailers is being held in check largely by strict federal laws that criminalize pot alongside heroin, methamphetamine and LSD.

U.S. legal cannabis sales jumped 45% last year and are expected to hit $41 billion in 2026, Colorado-based research firm BDSA said.

Marijuana delivery starts in Denver Thursday with a soft launch

The Strawberry Fields dispensary in Denver plans to kick off a soft launch of its marijuana delivery services on Thursday, alongside transporter business DOOBBA. 

 

The dispensary plans to officially start delivery on Monday.

“We are super excited to be the first in Denver. We are ready to crush it and make it our own and hopefully lead by example for others that follow,” Strawberry Fields COO Faline Vanlandschoot said. 

This summer, marijuana delivery became legal in Denver. So far, a total of six dispensaries or medical marijuana facilities have been licensed, according to city data.  

Humboldt County Offers Support Program for Cannabis

Humboldt County just offered a support program for its cannabis growers at a critical time for the industry.

Bedeviled by the ever-falling price of cannabis, growers in Humboldt County, California have been offered a lifeline by local officials.

Hawaii Interim Hemp Rules In Effect

Hawaii’s Department of Health last week adopted interim rules for hemp processors and products – and not everyone is happy.

The rules, which came into effect on August 9, prohibit a bunch of hemp-derived products including:

Hemp products for oral consumption other tablet, capsule, powder, softgel, gelcap or liquid formFoods and beverages containing CBD and other cannabinoids.Eliquids for vapingProducts for smokingProducts that are administered via non-oral routes.

Additionally, products must be tested by a qualified lab and there are various other regulatory and record-keeping requirements needing to be observed.

5 Cannabis Stocks That Are Better Picks Right Now Than Sundial Growers

Key Points

These five cannabis stocks have better growth prospects than Sundial because they already operate in the lucrative U.S. cannabis market.All five continue to deliver much stronger revenue growth than Sundial and are either profitable or closer to profitability than Sundial is.Four of the five sport more attractive valuations than Sundial does.
 

Seven pot stocks rank among the 100 most popular stocks on Robinhood's (NASDAQ:HOOD) trading platform. But only one of them is in the top 10 on the list -- Sundial Growers (NASDAQ:SNDL). Actually, Sundial claims the No. 4 spot, beating out quite a few larger and more successful companies. 

WeedGenics Recognized as One of the 20 Innovative Company Everyone Should Know in 2021

LOS ANGELES, CA / ACCESSWIRE / August 17, 2021 / Buzz around INTEGRATED NATIONAL RESOURCES INC.'s WeedGenics continues to grow both in the cannabis industry and now the mainstream business world as well. Named by "Global Business Leaders Magazine" as one of the 20 innovative companies to know in 2021, the company was featured by the Atlanta, GA-based publication both in print and online thanks to WeedGenics' place as the manufacturing partner of choice for premium medical marijuana products.

Eve & Co. Announces Medical Cannabis Supply & Purchase Agreement with Australian Distributor TCann Pty Ltd.

STRATHROY, Ontario, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF), is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd. (“NMC”) has successfully entered into a Medical Cannabis Supply and Purchase Agreement (the “Agreement”) with TCann Pty Ltd., Australia (“TCann”), an import/export and distribution company of para-pharmaceutical, medicinal and narcotic products located in Thornleigh, New South Wales.

Florida's Learn Sativa University Promises Higher Education

Learn Sativa University's curriculum includes marijuana history, laws, careers, growing procedures, and even popular cookbook recipes. Photo Courtesy of Learn Sativa University

The University of Florida has the Swamp, Notre Dame has Touchdown Jesus, Clemson University has Death Valley, and Learn Sativa University, a cannabis college in Apopka, Florida, has a five-acre weed farm.

3 Cannabis Stocks to Buy and Hold for the Next 10 Years

These companies are securing their future by becoming indispensable to their customers.

Key Points

The global market for cannabis will continue to grow rapidly over the next decade.There's more than one way for businesses to make money within the marijuana industry.
If you're optimistic about where the cannabis industry will be in 2031 -- and you probably should be, given that the market is expected to grow -- it's a good idea to buy and hold a handful of the best marijuana stocks on offer. 

Cannabis Companies Walk A Fine Line on Social Media

Cannabis companies still have to be concerned about social media marketing, and in fact, any kind of social media presence.

Cannabis reform may be progressing in America, but access on social media remains an uncertain landscape. While brands have thrived, reaching millions of followers and verified status, many others have been cut short, suspended and deleted along the way.

Even those succeeding appear only to have a glimmer of an idea about what’s right and wrong when marketing cannabis. With so much uncertainty, brands proceed cautiously in a direction that may or may not be the correct path. 

SB County Sheriff Requests Harsher Punishment for Illegal Cannabis Farms

San Bernardino County Sheriff, Shannon Dicus, Sent out a letter to local legislators today.

In the letter, Sheriff Dicus is asking for harsher punishments for individuals running illegal cannabis farms. Last month I interviewed the Sheriff during his first week in office. He made comments about how illegal marijuana farms were causing a lot of issues across the county.

He said, "Because it is just proliferated our deserts, waters being pumped out of the ground at just ridiculous rates. We have residents all over the county that are very upset with smelling it; people protecting their groves are actually confronting civilians who live in the area, and it's just a big problem."

This Cannabis Stock Is Full of Potential and Hasn't Been This Cheap in Months

Jazz Pharmaceuticals (NASDAQ: JAZZ) is a cross between a pharmaceutical stock and a cannabis stock. In its earlier life, it was a pharmaceutical company that was chugging along and posting some good numbers. But after it acquired GW Pharmaceuticals earlier this year, that changed. Now that it owns the only cannabis-based drug (Epidiolex) that the U.S. Food and Drug Administration has approved, it has become an even more attractive growth stock with tremendous upside.

While investors weren't pleased with the company's recent earnings report, which sent shares off a cliff, there's plenty of reason to remain bullish on the stock. And given that shares of Jazz are trading at the lowest price they've fetched all year, now may be a great time to consider buying it.

How the New Marijuana Law Impacts Employers in CT

On June 22, 2021, Governor Lamont signed the Act Concerning Responsible and Equitable Regulation of Adult-Use Cannabis into law, legalizing the use of recreational marijuana in our state.

The new law allows adults (21 and older) to have on their person up to 1.5 ounces of marijuana or have up to 5 ounces in a locked container. It also allows for the expungement of some marijuana-related convictions, sets up a framework for businesses to apply for licenses to grow, manufacture, retail and distribute, and carries out restrictions on employers and protections for employees.

Cannabis Company Ayr Said to Buy THC-Drink Maker Cultivauna

By Tiffany Kary August 15, 2021, 3:00 PM MST Ayr Wellness Inc., a multistate cannabis company, plans to buy Cultivauna LLC, a maker of cannabis-infused seltzers and water-soluble tinctures, according to a person familiar with the company's plans. The transaction would give Ayr, which already sells c...

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Village Farms Enters U.S. CBD Market with $75 Million Acquisition

August 16, 2021 at 7:37 am Published by NCV Newswire VANCOUVER, BC, Aug. 16, 2021 /PRNewswire/ – Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced He...

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A Garden Supply Stock With a Fast-Growing Cannabis Patch

By Carol Ryan Aug. 16, 2021 6:40 am ET  A little-known organic garden center supplier has outpaced the likes of Amazon and Netflix on the stock market throughout the pandemic. Knotty cannabis laws should continue to fertilize its growth. Nasdaq-listed GrowGeneration owns a chain of 58 stores ac...

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Opinion: Does the cannabis industry have a double standard with science?

The gateway theory is not necessarily a concept that ensures a person who uses weed today will shoot heroin tomorrow.

The cannabis industry seems to be moving across the U.S. with the power of a Mack Truck screaming down the highway with a sign on the back that reads, “red-eye express.”

The business of growing and selling weed has matured into a multi-billion-dollar operation, despite the lack of support from the federal government and the fact that about 70 per cent of those surveyed think the business should be taxed and regulated like alcohol and tobacco.

As more licenses to grow cannabis are added, illegal growing has also risen in California

Recreational cannabis sales began in January 2018, and while many have played by the rules, the illegal growth and sale of the plant continues to undermine those following the rules.

Licensed to grow, manufacture and sell

State license issuance began in 2018, but data isn’t available for that initial year because they were issued as temporary licenses. Data sets begin in 2019, when 12-month annual and provisional licenses began to be issued, using the online licensing systems. Licenses remain active for one year, at which point they can be renewed for an additional 12 months. This list displays counts of when the licenses were first issued, but not each time one was renewed.


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