WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Why 2021 Could Be a Big Year for the Cannabis Industry
Business & Finance
As big of a year as 2020 may turn out to be for marijuana in America -- as multiple states including South Dakota, Montana, Arizona, and New Jersey, look to legalize recreational pot -- there could be even more exciting developments in 2021. New York could become the prize of the industry next year, and there's hope for progress on marijuana reform
What Happens When Cannabis Becomes A Commodity?
Business & Finance
I’m often asked to comment on whether or not cannabis will ever truly attain the status of a commodity. While the answer has generally been yes, we have a ways to go.  First of all, it’s necessary to understand what exactly a commodity is. For our purposes, and in the context of cannabis, we’re talking about a raw material or primary agricultural p
Ministry of Hemp Verified: What Does Our Seal Mean?
Business & Finance
Ministry of Hemp now offers a special “Ministry of Hemp Verified” seal to the brands we review. If you see this seal in use by a brand, come visit our website to see the products we’ve reviewed and learn more about them.  At the Ministry of Hemp, our goal is to build confidence and transparency in the hemp industry, especially when it comes to the
Potential stock winners and losers from Tuesday's U.S. election
Business & Finance
Tuesday’s presidential election between President Donald Trump and former Vice President Joe Biden could have dramatic effects on various stocks and sectors, and investors have spent months trying to identify potential winners and losers. A group of stocks seen benefiting from Biden’s Democratic policies has outperformed those seen benefiting from
These Marijuana Stocks Could Be 2021 Winners
Business & Finance
Will These Pot Stocks Make Big Gains Next Year? Original link
Will A Shift In Holiday-Shopping Preferences Mean More Revenue For Some CBD Brands This Year?
Business & Finance
This holiday shopping season will be longer and less traditional than ever. This year, it’s being ushered in earlier and with far less fanfare. Many retail trackers will begin their official holiday tracking October 13. Best Buy’s new “Black Friday” and the start of Amazon’s Prime Day, rescheduled from its July launch due to COVID-19. Holiday shopp
California cannabis market isn’t slowed by COVID and should reach $6 billion by 2025
Business & Finance
The cannabis market in California has continued to thrive amid the COVID-19 pandemic, and legal sales are on track to surpass $6 billion in 2025, accounting for a sixth of all legal cannabis sales in the United States, a leading analyst said Wednesday. The state market — the largest legal market in the world — has benefited from a bump in demand du
How to Protect Your Intellectual Property
Business & Finance
The United States cannabis industry is poised to grow exponentially. Many states have approved or decriminalized medical cannabis use; several have legalized recreational use. Only a few states have been legislatively silent about public use of cannabis. It is likely some of these holdout states soon will further decriminalize cannabis. As a result
Nearly 75,000 Pot Plants Eradicated In Southern California
Business & Finance
Law enforcement officers in Southern California have eradicated nearly 75,000 cannabis plants from the Los Padres National Forest over the last six months, according to a statement released by the Ventura County Sheriff’s Office on Monday. A total of 18 illegal marijuana cultivation investigations were conducted by the agency on public and private
Pro Tips for Harvesting and Curing Your Cannabis
Business & Finance
Harvesting the crop is a straightforward business, but there are a few things to know before you start the process. The Harvest Before beginning, prepare a good, strong elixir of equals parts chilled vodka and water. The vodka (cooled to zero degrees celsius), will shock the roots into closing up and will actually make them stop functioning. This i
How Some Cannabis Brands Plan On Breaking Up Vertical Integration
Business & Finance
Vertical integration is risky business. A vertically integrated company owns every step of a product’s value chain. The assumption is that quality and consistency can be better controlled when every step of the process occurs in-house. In some cannabis markets, it’s required by law, but vertical integration not always in the best interest of the co
Louisiana's new industrial hemp sector off to a rough start, officials say
Business & Finance
Unscrupulous seed dealers, lack of experience with the new crop and regulatory hurdles contributed to a rough first year for Louisiana’s industrial hemp program, state officials said Monday. “This is a growing pain for us,” said Angela Guidry, industrial hemp coordinator with the Louisiana Department of Agriculture and Forestry. The state has 95 li
Australia: Victoria’s Industrial Hemp Taskforce Reports In
Business & Finance
The Victorian Government says the future of an industrial hemp industry in the state is looking bright after a taskforce report was tabled on Wednesday. While Victoria is striving to be a leader in medicinal cannabis in Australia, when it comes to hemp it’s quite the laggard – but perhaps that will change soon. Approximately 200 hectares of hemp wa
Not Sure What Seeds To Select For Sustainable Crops? We Have The Answer
Business & Finance
When discussing sustainable cannabis, talk typically leans toward water conservation or energy efficiency. But, there are several overlooked areas of cannabis cultivation that are desperately in need of a sustainability overhaul. Consider, for example, how much biomass is required to make cannabinoid isolates. Or, have you ever wondered how many ou
Here's How To Fully Optimize Your Cannabis Grow
Business & Finance
Big data. Machine learning. Artificial intelligence. All commercial cannabis cultivators should be paying attention to these concepts, as the application of data analytics is beginning to gain a foothold in the cannabis industry. As the industry matures, operators are raising the bar for optimizing efficiency, increasing consistency and, most impor
Hemp approved for harvest in south-central Kansas
Business & Finance
For Melisa Nelson-Baldwin, data is key. And what this trained crop research scientist sees is hemp is a great crop for Kansas farmers. So much so that Nelson-Baldwin and her partners, husband Aaron Baldwin and brother-in-law Richard Baldwin, are ready to build a hemp fiber manufacturing plant in Great Bend – the first one in Kansas. “We want to be

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