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

Can farming hemp help fight climate change?

A small farm in upstate New York is working to revolutionize the organic farming industry, starting with supporting their local ecosystem while growing, among a variety of grains, hemp — the plant behind the multi-million dollar CBD industry.

Hemp, a species of cannabis that does not create a marijuana-like high, has an ancient history with usage dating back centuries.

Ben Banks-Dobson, who runs Stone House Farm's 2,600-acre operation, is hoping to help the Earth while promoting the unique plant and its variety of uses.

"Hudson Hemp was born out of a transition from conventional to organic farming," he told CBS News' Michelle Miller. "Our corn and soybeans only goes into chicken and hog feed for local farms selling their meat locally."

Colorado Now Allows Marijuana Ads on Billboards, but Denver Doesn't

Denver hasn't adopted a new state law allowing marijuana industry billboards in Colorado, but that could change soon.

State laws implemented in January let marijuana companies advertise outdoors using billboards, but as with many new pot freedoms, local jurisdictions have to opt in first. And so far, Denver hasn't.

Colorado’s current marijuana advertising laws, created by the State Licensing Authority, follow voluntary advertising restrictions similar to those used by the alcohol industry to prevent the sale or diversion of marijuana to minors. However, the plant's federal status led to a more restrictive advertising landscape for pot than for alcohol.

Cannabis and a Pandemic: What’s Going On?

In states across America where cannabis is legal, dispensaries and pot boutiques have been deemed essential during the COVID-19 pandemic.

It’s a decision that may have baffled those who don’t partake but it made perfect sense, from a public health perspective.

Did this cannabis site expose the records of more than a million users?

The passwords and private information of 1.4 million users in an online cannabis growing and journaling platform may have been exposed.

So alleges Volodymyr “Bob” Diachenko, an independent cybersecurity consultant, who posted a blog about his findings on LinkedIn.

10 Best Places To Start A Cannabis Business in the U.S.

Starting a cannabis business in the US takes a lot of planning, effort, and patience.

However, it’s doable if you choose the best US state for such a business.

According to some of the most recent statistics, the cannabis industry is among the fastest-growing industries globally.

Therefore, it’s a perfect time to start this type of business.

Illinois crosses $100 million threshold in monthly marijuana sales as election victories pave way for more growth

There was no blue wave or red wave during Election Day, but the green wave rolled on for cannabis as voters expanded recreational use to more locations just days after the industry’s most lucrative month yet in Illinois.

Illinois adult-use cannabis dispensaries generated a record $75 million in sales during October, up nearly $8 million from the previous month, according to the state.

The marijuana business crossed the $100 million threshold in total sales for the first time. In addition to recreational sales, medical marijuana topped $33 million during the month, according to the Illinois Department of Financial and Professional Regulation, which licenses marijuana dispensaries in the state.

'There's a lot of money to be made': Nebraska border town ponders recreational marijuana

It wasn't long Wednesday morning before Don Lantis had fielded three phone calls from people wanting to go into the marijuana dispensary business with him.

Lantis, the grand old man of fireworks in North Sioux City, is personally not fond of marijuana and has never used it. (He prefaced this several times by noting, "I'm 79 years old.") But it's impossible to deny the moneymaking potential of marijuana in North Sioux City, the same sort of opportunity that compelled his father to open Lantis Fireworks in the border town 75 years ago.

"There was money to be made there," Lantis said of his father's long-ago decision to sell fireworks directly across the border from Iowa where they were illegal.

Cannabis execs cheer 'green landslide' of votes for legal pot

Despite all the uncertainty surrounding the U.S. election, there’s a clear victor already: domestic cannabis companies.

Leaders across the industry cheered after marijuana measures passed in all five states that had them on the ballot Tuesday -- even in deeply red parts of the country. The results buoyed the biggest U.S.-based players in the market.

“Cannabis won, and won big,” said Boris Jordan, chairman of Curaleaf Holdings Inc., one of the largest cannabis companies. “It’s a green landslide.”

California's New Cannabis Terroir Laws Are A Major Win For Legacy Growers

California's most iconic cannabis cultivation zones and its local outdoor growers recently received a boost to their business when Gov. Gavin Newsom signed SB 67 into law on Sept. 30.

The regulation amends Section 26063 of the Business and Professions Code while enacting a new terroir-based appellation for origin-specific products and its use of the environment during the plant's growth.

Any use of artificial lights, shelters or any other form of temperature or climate control is prohibited under the rules.

The passage of SB 67 is being heralded as a win for the state's iconic operators across California's fertile grounds, including the Emerald Triangle, by recognizing their claim to the fertile region.

San Francisco to give cannabis industry a one-year tax break

San Francisco’s cannabis industry is expected to hang on to a bit more green next year due to a tax break that is likely to pass next week.

Supervisor Rafael Mandelman has proposed the one-year tax reprieve, delaying the implementation of the cannabis tax approved by voters in November 2018.

The estimated tax break and revenue loss to The City is $7.1 million, according to the budget analyst.

Oregon Cannabis Dispensary Sales: What We Are Seeing On Valuation

The Oregon secondary market for cannabis licenses and businesses remains lively. We have been helping industry buy and sell these businesses since 2016. This post is mostly about pricing for retail plays, which is still an evolving standard, but a standard nonetheless.

First, some context.

Starting a Marijuana Seed Business: What You Need to Know

With marijuana and cannabis use rising rapidly nowadays, it is easy to see why more and more people are wanting to jump on the bandwagon and start their own marijuana seed business. If run and managed well, a marijuana seed business can be a lucrative market to be a part of and can offer a huge number of benefits for both customers and the business alike. But how can you go about starting up your own marijuana seed business? Learn more with our guide for getting started with your seed bank business today.

3 Pot Stocks to Watch for November 2020

Why These Marijuana Stocks Are Still On Top

Mexico's Cannabis Legalization Addresses Several National Woes, While Creating Opportunity

After several extended deadline extensions, Mexican lawmakers seem on course to legalize adult-use cannabis in the coming weeks.

The most recent indication comes from MORENA Senate majority leader Ricardo Monreal, who says the bill would pass by the end of October and before the Dec. 15 deadline.

Projections expect Mexico to be the most lucrative legalized market, bolstering the nation's economy.

Passing adult-use legislation is also expected to diminish the cartels' long-running, lucrative narcotics arm. That's just one of many benefits Mexico hopes to gain from expanding cannabis access.

Uruguay Passed New Decree That Could Make it a Cannabis Logistics Epicenter

Uruguay has been making tremendous strides in international cannabis distribution. The country’s buds have already made it all the way to Germany. 

But a recently approved decree has the potential to propel Uruguay to the forefront of cannabis logistical endeavors.

Other countries can now ship cannabis products to Uruguay. While in the country, the products can get repackaged while in transit before being reexported to other countries – without any payment of customs duties, explained Bruno Guella, managing director of MVD Free Airport.

MVD Free Airport is a company operating the cargo terminal inside the airport for Uruguay’s capital city, Montevideo. The airport area it operates in is a free-trade zone.

Getting Started with a Hemp Operation

Growing hemp was outlawed in 1970, but since the California Hemp Farming Act was signed into law and became effective on January 1, 2017, hemp is again a legal crop. Still, not just anyone can throw their hat in the ring to legally grow hemp. There is a somewhat involved registration process to wade through first, as well as rules and regulations for California hemp growers to follow. Here’s a brief overview.

Mass. retailers pass $1 billion in cannabis sales

Four years to the day after Massachusetts legalized recreational marijuana, the state announced that cannabis businesses across the state have surpassed $1 billion in non-medical cannabis sales. 

According to the Cannabis Control Commission, 80 Massachusetts marijuana retailers, as of Oct. 30, reported $1,000,521,905 in sales since stores opened in November 2018.

Jay-Z's New Marijuana Brand Is Latest Example Of A-List Celebs Getting Into The Weed Game

It looks like JAY-Z is fully throwing in on the cannabis scene with the debut of a new weed brand, Monogram. 

Gwyneth Paltrow invests in LA-based cannabis beverage company

What is being touted as the first cannabis-infused social tonic has received a funding injection from A-listers ranging from actors to athletes in a bid to make social tonics socially acceptable.

Advice And Things You Should Think About Before Setting Up Your Grow Room

You probably know people who will tell you “how it’s done”. Setting up a grow room has many ways of being done and more opinions than truths out there. You have to ask yourself some basic questions such as:

How much space can I commit to this project?How much time can I commit to this project?How much money am I willing to spend on this project?

With those answers now you have to ask yourself some more questions like:


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