WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.
Lessons The Recreational Cannabis Industry Can Learn From Big Tobacco
Business & Finance
In order for the cannabis industry to consistently achieve and maintain a high sales volume, it needs to be more nimble and prepared for changes than the tobacco industry was. Given the rapid rate the recreational cannabis space has grown at, it’s only natural to wonder what, if anything, could slow that growth down. In order to find out what some
Young people who use cannabis report having better orgasms
Cannabis News
Study of 18- to 30-year-olds shows weed and alcohol make for improved sex lives. Spanish researchers exploring how cannabis and alcohol use influences sexuality found that young people partaking in both seem to be more than happy with their sex lives. “Sexual function in young people who use cannabis and alcohol more frequently was shown to be bett
What is Hexahydrocannabinol (HHC) and is it legal?
Cannabis News
Due to rising confusion about its legality, HHC is being sold across the U.S. Here’s what you should know about this synthetic cannabinoid. The newest cannabinoid and, I must say, “another worthy addition” swaying the market right, left, front, and back is hexahydrocannabinol (HHC). Rising to prominence after regulations banned the sales and use of
Maricopa community colleges get $17.1M from cannabis tax in first year of legality
Politics
Taxes from the sale of recreational cannabis during the first year of legality in Arizona resulted in millions of dollars for local community colleges, officials said Tuesday. Maricopa County Community College District received $17.1 million from the imposed 16% excise tax on the drug, with the money being used to improve student offerings, the dis
Kentucky marijuana legalization 2022: Kulkarni pushes to decriminalize cannabis
Politics
The decriminalization and legalization of marijuana in Kentucky will improve the state's criminal justice system, Kentucky Rep. Nima Kulkarni said. The lawmaker gathered with other proponents of the initiative Monday to push for action on the issue during this year's legislative session, WLKY reported. Kulkarni, who noted that Kentucky is currently
UA cannabis certificate program teaches skills for legal marijuana industry
Business & Finance
The University of Arizona is going green by adding new courses this spring, teaching students the skills needed to work in the legal marijuana industry. They were able to create the noncredit Cannabis Certificate Program by partnering with the cannabis education company, Green Flower. Dr. Craig Wilson, vice provost for Online, Distance and Continui
Why Sundial, Canopy Growth, and Aurora Cannabis stocks just tanked
Business & Finance
Did one rogue Senate candidate just blow up prospects for marijuana legalization in 2022? Cannabis stocks are behaving rather oddly on Tuesday -- a day when news for the marijuana sector is by and large bullish. As of 12:30 p.m. ET, shares of Sundial Growers (NASDAQ:SNDL) are falling 3.5%, Canopy Growth (NASDAQ:CGC) is down 4.6%, and Aurora Cannabi
Kansas and California cops used civil forfeiture to stage armored car heists, stealing money earned by licensed marijuana businesses
Politics
The Institute for Justice argues that the seizures violated state law, federal law, and the U.S. Constitution. Because the continued federal prohibition of marijuana makes banks and payment processors leery of serving state-licensed cannabis suppliers, many of those businesses rely heavily on cash, which exposes them to a heightened risk of robbery
Kansas and California cops used civil forfeiture to stage armored car heists, stealing money earned by licensed marijuana businesses
Business & Finance
The Institute for Justice argues that the seizures violated state law, federal law, and the U.S. Constitution. Because the continued federal prohibition of marijuana makes banks and payment processors leery of serving state-licensed cannabis suppliers, many of those businesses rely heavily on cash, which exposes them to a heightened risk of robbery
Illegal marijuana winning out in California 5 years after Proposition 64
Politics
On an isolated farm, greenhouses stand in regimental order, sheltered by a fringe of trees. Inside are hundreds of head-high cannabis plants in precise rows, each rising from a pot nourished by coils of irrigation tubing. Lights powerful enough to turn night into day blaze overhead. In the five years since California voters approved a broad legal m
Could Innovative Industrial Properties stock help you retire a millionaire?
Business & Finance
Cannabis stocks aren't typically high on my list of go-to durable wealth creators -- except when it comes to Innovative Industrial Properties (NYSE: IIPR). Between its highly repeatable business model, persistently rising cash flows, and valuable service it provides for the cannabis industry, Innovative Industrial Properties (IIP) is a great option
3 Recent Cannabis Trends That Are Here to Stay
Cannabis News
Even though there have been trends that have taken hold within the world of cannabis in the past, it’s hard to imagine them having a bigger impact than ones that have taken hold in the early 2020s. To say that the world of cannabis is much different than it was just a decade ago would be a drastic understatement. In years past there haven’t been as
Cannabis businesses will face challenges trying to open in CT, experts say
Business & Finance
Finding a location will likely be a challenge for those interested in starting one of Connecticut’s first recreational-use cannabis businesses, experts say. Original link
Cannabis goes high tech with AI
Technology
Using data gathered through research to more effectively develop products that meet consumer needs is not new, but a promising innovation, at least for the cannabis industry, is using Artificial Intelligence to streamline and enhance not only the research but development processes. Nancy Whiteman, CEO of Wana Brands (one of the cannabis companies c
Cannabis goes high tech with AI
Business & Finance
Using data gathered through research to more effectively develop products that meet consumer needs is not new, but a promising innovation, at least for the cannabis industry, is using Artificial Intelligence to streamline and enhance not only the research but development processes. Nancy Whiteman, CEO of Wana Brands (one of the cannabis companies c
Cannabis banking is booming despite federal uncertainty
Business & Finance
Small banks are gaining confidence Cannabis companies may not be able to work with the JPMorgan Chases and Citigroups of the world anytime soon, but that hasn’t stopped small banks from flooding into the space. On the surface, it would seem that the industry’s prospects for being able to bank like normal companies has taken a hit. U.S. Representati
Hemp industry pivots toward grain and fiber
Business & Finance
After a brutal shake-out that chopped hemp acreage in half in two years, the industry is focusing on hemp as a source of grain and fiber, a less profitable but possibly steadier market than cannabinoid (CBD) oil, used in food, beverages and dietary supplements. Analysts say the unclear regulatory status of CBD has throttled sales. Growers rushed in
Democratic Senate candidate smokes marijuana in new ad highlighting disparity and reform
Politics
Gary Chambers is running for a Senate seat in Louisiana. Progressive activist and Democratic U.S. Senate candidate Gary Chambers Jr. smokes marijuana in a field in New Orleans while talking about marijuana reform in his first campaign ad. On Jan. 1, smokeable medical marijuana became legal in Louisiana under certain conditions. But the use of canna
Bill to combat marijuana-related impaired driving should be rejected
Politics
There is no blood, saliva, or breathalyzer analysis that can ascertain whether a person who has used marijuana is actually impaired. Prompted by the Commonwealth’s legalization of marijuana and growing concerns about an increase in impaired driving, Governor Charlie Baker has refiled the Trooper Thomas Clardy Law, which states that the presence of

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