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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Canadian Legal Cannabis Sales Show Significant Industry Spike In May
Business & Finance
It was already an assumption that Canada was going to have a booming, country-wide cannabis market through their legal industry, but now the numbers prove that that assumption is a reality. Retail sales reached $185.9 million Canadian dollars this past May, according to Statistics Canada.  Original link
Arizona Emerges As Fierce Battleground For Marijuana Legalization
Politics
The prospect of legal marijuana in Arizona has drawn passion from advocates, opponents, and investors alike. Just as quickly as support arose for legal recreational marijuana in Arizona, so too did opposition. The advocacy group Smart & Safe Arizona submitted more than 420,000 signatures earlier this month to put cannabis legalization on the ballot
United Soccer League signs a four-year sponsorship deal with a cannabis company
Business & Finance
There will be plenty of footsy going on between the United Soccer League (USL) and CBD hemp brand Synchronicity as part of a new four-year sponsorship deal. Functional Remedies, makers of the full-spectrum hemp oil brand, can look forward to seeing the products featured on USL stadium signage, social media channels, website and app network, accordi
3 Stocks That Provide a Safer Way to Invest in Cannabis
Business & Finance
Not everyone can invest directly in marijuana stocks. Last year, for example, according to Military.com, Department of Defense employees were warned that investing in marijuana companies could hurt an employee's security clearance. Other private employers, particularly contractors that interact with the federal government, may have similar policies
What You Should Know Before Considering A Cannabis Business
Business & Finance
Cannabis legalization is picking up steam throughout the United States. The industry is already booming, and it’s set to grow over the next decade, prompting investors and entrepreneurs everywhere to jump on the bandwagon to try to cash in. There will certainly be some impressive entrepreneurial and investment opportunities in the near future, but
How The Cannabis Industry is Pushing The Limits of Digital Payments
Business & Finance
The gears of automated delivery management were in motion long before the arrival of Uber and other sharing services. Tech behemoths like Amazon had already shattered the glass ceiling on next-day delivery, but their buffet of consumer products was missing many of the smaller markets.  Both a product of compliance and payment issues, large corporat
How Australians Are Accessing Medical Cannabis
Medical News
A recently released survey report states just 3.9% of Australians who used cannabis for medical purposes obtained it by prescription. The Australian Government’s National Drug Strategy Household Survey has been conducted every 2 to 3 years since the first survey in 1985. In the 2019 survey, 2 new questions were included relating to the medical use
Prague installs cannabis-dispensing vending machines
Technology
Buying cannabis products in the Czech Republic just got a lot more convenient. Capital city Prague, along with Pasohlávky, Ostrava, and Olomouc, are all now home to their first automated cannabis-dispensing machines installed – and more are expected to dot the cities in the near future. Unfortunately for cannabis-loving Czechs, there’s a catch. The
The Hype About CBD Coffee, Explained
Cannabis News
For many people, coffee is a crucial part of their morning routine (read: I can't function without large quantities of caffeine). While coffee can feel like magical get-stuff-done juice, too much of a good thing can leave you jittery, anxious, and seriously over-caffeinated.  Cannabidoil (CBD), a non-intoxicating cannabinoid, can help solve that pr
Combating An Overactive Bladder With THC And CBD
Medical News
Research finds that CB1 receptors do have an impact on urination, and their manipulation with cannabinoids from marijuana has promise for treating OAB. Thirty-three million Americans are living with overactive bladder disease or OAB. According to the National Association for Continence, OAB (sometimes called “spastic bladder”) is the “frequent and
Thailand: Medical cannabis joint venture launches
Medical News
Thonburi Healthcare Group (THG) is teaming up with partners to research, develop and produce cannabis and hemp products for medical purposes. The collaboration is outlined in a memorandum of understanding (MoU) signed with Srinakharinwirot University (SWU), Mahidol University and Kasetsart University. THG chairman Dr Boon Vanasin said the MoU is ai
Legal cannabis sales in Colorado reach all-time high in May
Cannabis News
Cannabis sales in Colorado set a new monthly record in May, reaching their highest level since broad legalization in 2014. Dispensaries sold over $192 million worth of cannabis products that month, according to data from the state Department of Revenue’s Marijuana Enforcement Division compiled by The Denver Post. That figure is up about 29% from Ap
Legal cannabis sales in Colorado reach all-time high in May
Business & Finance
Cannabis sales in Colorado set a new monthly record in May, reaching their highest level since broad legalization in 2014. Dispensaries sold over $192 million worth of cannabis products that month, according to data from the state Department of Revenue’s Marijuana Enforcement Division compiled by The Denver Post. That figure is up about 29% from Ap
Congress Approves CBD Use For Military Members
Politics
The amendment, sponsored by Tulsi Gabbard, would supersede the Defense Department’s rule banning CBD for service members. A longstanding zero-tolerance marijuana policy could be slowly eroding in the military. Earlier this month, a House committee approved a provision that would let troops who previously used cannabis to re-enlist. This week, Congr
California Records Fewest Felony Pot Arrests Since 1954
Politics
Law enforcement data released by the California Department of Justice reveals that in 2019 the state recorded the lowest number of felony marijuana arrests since 1954, while showing that the racial disparity at play in such arrests continues to grow.  In the department’s latest “Crime in California” report, law enforcement officials reported that 1
The price of pot has been steadily decreasing in Michigan
Cannabis News
As Michigan's marijuana industry blooms, prices of both medical and recreational marijuana have steadily dropped. According to the latest reporting from the state's Marijuana Regulatory Agency, the price per ounce of recreational marijuana was $516.21 in December, when the sales first started, and dropped to $409.76 in May, the most recent month th

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