WeedLife News Network

For years, cannabis stocks were the greatest thing since sliced bread on Wall Street. The expectation of ongoing state-level legalization in the U.S., coupled with Canada becoming the first industrialized country in the modern era to give marijuana the green light, was forecast to send pot stock valuations into the heavens -- and for a period of ti

As the number of licensed medical cannabis patients passed 8% of Oklahoma’s population, the Oklahoma Tax Commission reported taxes levied on sales in July exceeded $12 million. State Question 788, approved by 57% of those who voted in the June 2018 election, included provisions for a 7% tax on medical cannabis sales. The Oklahoma Tax Commission int

The adult-use cannabis market in Illinois is booming. Illinois has sold about $300 million worth of cannabis products since the adult-use market opened in January.  The state hit record-breaking sales once again in July and is expected to continue on an upwards curve as the market grows and stabilizes.  A lot of Illinois’ sales can be attributed to

Legal marijuana products contain extraordinary levels of THC, which could cause dependence and mental health issues with habitual use. The marijuana you see in stores today isn’t like what the hippies rolled in the 70s. If you follow cannabis news, you have likely heard some version of that sentiment by a public health official. Last year, U.S. Sur

A review of published literature has found that chronic pain patients who use cannabis in addition to pharmaceutical medications showed a reduction in their use of opioids and required fewer visits to the emergency room. The study, “Medical cannabis for the reduction of opioid dosage in the treatment of non-cancer chronic pain: A systematic review,

So long as it is extremely difficult and expensive to start and run a licensed cannabis business, there will be people who opt for the illicit market. It seems like every week, there’s a new announcement of state or local enforcement actions or raids of allegedly unlicensed cannabis operators in California. Some time ago, this would have been welco

Penn State College of Medicine researchers have found products containing cannabinoids may have impacts on the effects of some conventional prescription drugs. The researchers have put together a list of 57 medications that may not function as intended when used with cannabis products including medical cannabinoids, CBD oil and medical or recreatio

Late Friday, Maricopa County Superior Court Judge James Smith ruled that the Smart and Safe Act ballot initiative to legalize recreational marijuana for adults 21 and older in Arizona did not mislead voters about key provisions in its 100-word summary, as a frivolous lawsuit by a local anti-marijuana group claimed. Overcoming the lawsuit and gettin

Thailand’s ailing economy, particularly its tourism and agriculture sectors, is poised to get a boost from new rules that ease the private cultivation and sale of medical marijuana. The Cabinet amended the Narcotics Act on Aug. 4, pending Parliament’s approval, to allow private medical operators -- a category including some traditional medicine pra

The industry doesn't have the political clout or voter passion behind them to push weed over the finish line, but you can help. Despite evidence that two-thirds of Americans support legalizing cannabis, federal moves towards legalization have been small and halting. Even simple measures, such as regulating banking in states where cannabis is legal,

But first, we need to do these 5 things. Billions of dollars are sitting at the doorstep of Capitol Hill, begging to participate in the economy. But with some wise moves by the Federal government and regulatory agencies, cannabis-generated revenue could be a significant answer to our financial crisis stemming from the pandemic.  For proof, look at

Some doctors in Western Australian and their patients should have easier and faster access to medical cannabis resulting from a deal signed between Jupiter Health Clinics and Montu. Founded in 2011, Jupiter Health and Medical Services is a network of more than 300 doctors in 30 medical practices across the state, and is one of the largest networks

CBD could prove to be an effective treatment for people suffering from marijuana use disorder, the results of a new study published this week have shown.  Inspired by a “substantial and unmet clinical need” for the treatment of cannabis use disorders, researchers from the University of Bath in the UK conducted a double-blind randomized controlled t

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) stock fell over 13% to lately trade at $6.03 after the company reported a net loss for the second quarter of $107 million versus last year’s earnings of $185 million for the same time period. The loss of $0.31 cents per share was worse than the FactSet estimate for a loss of $0.07 per share. Original lin

  CBD skincare products are so hot right now! But there are a few things you should know before slathering it on. Cannabidiol (CBD) products are everywhere, from convenience stores to high-end retail shops. While there are a lot of CBD converts out there, there’s a large percentage of people who use CBD topicals without knowing what the compound is

  CBD strains aren’t as popular as those containing THC, but there’s plenty of perks associated with them. CBD is the second most common cannabinoid, and it’s everywhere, from tinctures and oils to clothes and pillows. Still, when it comes to smoking and vaping, the majority of people are looking for THC strains, even when they’re after therapeutic