WeedLife News Network

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

THC Extraction: How to Turn Trim to Profits

Growers, tenders, trimmers, producers and distributors all take different risks, skillsets and roles. Working with cannabis insiders operating on both sides of the law gives insight into the process of cultivating these plants and turning them into profit. Utilizing trim is one such way.

Los Angeles faces lawsuit over marijuana delivery licenses

Two marijuana trade organizations filed a lawsuit today against the nation’s largest legal pot market over restrictions on stand-alone delivery services that have blocked them from obtaining licenses until 2025.

The lawsuit against Los Angeles and its Department of Cannabis Regulation seeks to overturn rules enacted earlier this year that postponed the availability of those licenses for certain businesses, even though broad legal sales began in the state in January 2018.

Under the changes, those licenses would only be available to so-called social-equity operators — people, many of color, who were arrested or convicted of a marijuana-related offense or lived in neighborhoods marked by high marijuana arrest rates.

Some Cannabis Investors Are Optimistic About the 2020 Election

Cannabis investors have endured a brutal 2020, and hopes that the November election will serve as a catalyst for federal US legalization are fading fast.

However, according to Cantor Fitzgerald analyst Pablo Zuanic, a potential election “blue wave” victory for Democrats could be more bullish for cannabis stocks than investors realize.

The Entire U.S. Hemp Fiber Industry Is One Factory In Kentucky

Here’s an almost forgotten fact: Henry Ford spent a lot of time and money during the 1930s building a car entirely of plastics derived from hemp. He refined hemp biofuel to fuel it just to demonstrate it could be done.

Cannabis Industry Job Growth Up 50%

The wonderful thing about this industry is that while the cannabis plant is the most important part, it isn’t the only part.

2 Marijuana Stocks To Watch For November 2020

Will These Pot Stocks Show Bullish Interest Next Month?

Maine Opens Up Its First Recreational Cannabis Shops

Recreational cannabis has been legal for adult use in Maine since 2016. However, it took until recently for the “Pine Tree State” to open its first cannabis stores.

One of the biggest issues Maine faced was it narrowly received the popular vote for legalization four years ago. The state needed new administrations and the right cannabis legislation before it could open the door to legal sales. Not to mention, the COVID-19 pandemic has only thwarted these plans.

Finally, on October 9, Maine got the okay to open up recreational cannabis shops for business. However, this didn’t come without a new set of problems.

East Africa could become a major cannabis export hub

The East African Community could become a mass producer of medical cannabis for export to fast-growing markets in the West.

This is after Rwanda on October 12 became the latest EAC partner state to approve medical cannabis production for export, following closely in the footsteps of Uganda.

Tanzania and Kenya, which produce the largest amounts of cannabis in the region, are yet to legalise the commodity and so it is exported illegally.

Rwanda government officials said the decision to legalise the export of medical marijuana was based on the revenue potential for the country. 

The Plight of British Hemp Farmers

Around the world, hemp has a varying degree of allowance in how it’s grown or ingested.

The UK, however, is unique in how it handles hemp.

In this article we will explore the ironic and limited ways hemp can be sourced via the UK’s farming industry.

Specifically how this affects British hemp farmers, in what they can do to earn a living so we can show their plight. 

Cannabis Track-and-Trace & Data Breaches: A Disaster Waiting to Happen

California law requires licensed cannabis businesses to use a “track-and-trace” system that, as its name suggests, tracks the movement of cannabis from seed through final sale.

Cannabis licensees are obligated to meticulously register nearly every data point for cannabis biomass and products (such as harvest date, sale, processing activities, and so on) into the track-and-trace database, or they can face penalties.

In turn, the database is accessible by state regulators, who can use information in the database to determine whether licensees violated rules or whether cannabis was sold into the illicit market.

Meet North Carolina's First Female Hemp Farmer In 75 Years

Franny Tacy, the owner of Franny’s Farmacy, is the first female hemp farmer in North Carolina in over 75 years.

3 Marijuana Stocks to Watch for November 2020

Can These Pot Stocks Beat Expectations Next Month?

How The Legal Cannabis Industry Is Tackling Sustainability

At its core, the U.S. cannabis industry is a resurgence of our country’s agriculture and manufacturing capabilities. From planting the cannabis seeds and harvesting the flower, to processing distillates and selling the finished product, this rapidly expanding industry relies on natural resources and stringent packaging requirements to even make it into the hands of a consumer. And like any other agricultural or retail business, it also creates waste that end up in landfills and produces harmful gases such as carbon dioxide and methane.

A Closer Look At The Systemic Culture Problems Of The Psychedelics Industry

It’s 2020, and white men still dominate psychedelics conferences. If you’ve been in this scene for a while, you probably already know that. But this is not the whole story, it’s just the tip of the iceberg.

I recently wrote a reported news story about the racial and gender homogeneity of several psychedelics themed conferences which took place virtually since the Covid-19 outbreak. The responses to the article have been split between people resonating with it and sharing their own stories and reflections, and others who have expressed dissonance and even vitriol.

Everything You Need To Know About The Convenient Service: Cannabis Delivery

The timeline of cannabis in America is certainly a tumultuous one. From being spiritually and ritualistically used by Native Americans, to being vilified and criminalized by early 1900’s government officials leading to a 75 year prohibition, to an explosive “war on drugs” that had a choke hold on American culture for over two decades, marijuana and its users have been on a seriously wild ride.

Now, as of 2020, marijuana is fully legal in 11 states and medically legal and decriminalized in another 12. We are finally seeing the progress that the cannabis industry deserves.

This widespread legalization and decriminalization has opened the doors to a sonic boom in cannabis business and innovation.

Why These Marijuana Stocks Are At The Top of the Industry

Two Pot Stocks to Hedge Bets on

Navajo Nation Cracks Down On Cannabis Cultivation

Problematic cannabis cultivation on Navajo Nation lands has led to a new resolution to clarify the Nation’s stance.

The Navajo Nation is an American Indian territory covering more than 17.5 million acres of north-eastern Arizona, south-eastern Utah and north-western New Mexico.

The Navajo Nation doesn’t allow for hemp or marijuana to be grown on its land, with the exception of a pilot project being carried out in partnership with New Mexico State University. However, at least one unauthorised party has been cultivating hemp, claiming passage of the 2018 Farm Bill that legalised it at a federal level allows this to occur – and there was no Navajo Nation penalty in place for growing hemp.

All Eyes On Michigan As State’s New Cannabis Market Booms

With recreational sales growing from $9.8 million in January to $65.5 million by August, there’s no questioning Michigan’s potential.

In December of 2019, Michigan became the tenth state in the U.S. to legalize adult-use cannabis. Less than a year in, it’s already outpaced Nevada to become the fifth highest-grossing state for cannabis sales and is on track to surpass $1 billion in sales, according to data from Headset.

In addition to its fast-growing new adult-use market, Michigan’s medical market is ranked #2 in the country, second only to California. Now, all eyes are on The Great Lake State as cannabis operators and investors across the U.S. seek to claim their share of this high-potential market.

Marijuana stocks see boost after Harris debate comments

Shares of cannabis producers soared on the stock market Thursday following the vice presidential debate, during which Kamala Harris announced the Biden administration would decriminalize marijuana at the federal level.

"We will decriminalize marijuana and we will expunge the records of those who have been convicted of marijuana," the California senator (D) said.

How Has The Pandemic Help Boost Marijuana Stocks?

What Can Pot Stock Investors Look Forward to Next Year?


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