WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Cannabis stores are one of the fastest growing industries, and self-order technology is playing an important role in this emerging sector, currently valued at more than $18 billion, according to Leafly, a cannabis industry information resrouce, supporting the equivalent of over 300,000 full-time jobs. A total of 17 states currently have legal adult
A story equally impressive may be in its overseas activities. 2021 is looking to be the year in which we find some normalcy and recovery. For Curaleaf Holdings (OTC:CURLF), a vertically integrated cannabis producer, 2021 has so far been nothing short of record-breaking. The company recently reached a milestone $1 billion in annual sales, hitting $2
Lawmakers in Uruguay made history by passing an adult-use legalization measure that was signed into law in late 2013. Uruguay will forever be known as the first country on earth to legalize cannabis for adult use, as well as the first country to allow legal adult-use cannabis sales. Only one other country, Canada (2018), has legalized cannabis for
As the Founder and CEO of Humboldt Seed Company, I have been breeding cannabis for more than 20 years. I've seen many trends in the craft cannabis space. Here's what I see on the harvest horizon. Original link
New York’s effort to legalize recreational marijuana for adult use took three years to accomplish and resulted in a 128-page, 7,000-line law that will require more than a year to fully take effect. Let’s just say it’s complex. But the most fundamental thing to know is that it’s now legal for those 21 and over to possess up to three ounces of mari
Oregon regulators pulled marijuana vape products off retailers’ shelves because they allegedly contained cannabis-derived terpenes imported from California. The Oregon Liquor Control Commission (OLCC), which regulates the state’s licensed recreational marijuana market, issued a health and safety recall for marijuana vaping products sold under the “
Do You Have These Top Marijuana Stocks On Your Watchlist In May? In recent trading, many marijuana stocks have started to build more market momentum. This current upward push for most cannabis stocks has been long overdue after coming off a 3-month downtrend. Yet during this downtrend, all was not lost for the cannabis industry and investors. For o
17 states have legalized adult-use cannabis, though most continue to prohibit consumption in public or rented spaces. For years, cannabis consumption lounges have been kept at bay, though lately pro-lounge legislation is becoming more prevalent in the legal cannabis marketplace. Original link
The cannabis industry is nothing if not creative about regulatory loopholes along the way to financing. The entire vertical, in fact, has been built just about everywhere in the grey edges of the law. Companies who have raised cash through cannabis fundraising so far have literally paved the way for the industry itself—but the route if not the mean
The Drug Enforcement Administration made a milestone announcement earlier this month with the news that the DEA will begin granting marijuana cultivation licenses to various third-party applicants, significantly expanding medical and scientific cannabis research in the United States. The announcement came on May 14, with the Administration saying i
Delta-8 THC and New York are two topics that have been making headlines in the cannabis world lately. Delta-8 has been reported upon for being a controversial compound that is legal through a loophole, and New York has been in the news for making recreational cannabis legal. Now, the two are making headlines again, this time together, because New Y
Patient-first biotech company Enveric Biosciences (NASDAQ: ENVB) is buying MagicMed Industries Inc., a privately-held biotechnology company focused on creating a library of novel derivative psychedelic molecules such as psilocybin, N,N-dimethyltryptamine (DMT) and other molecular derivatives with applications across multiple indications, in an all-
Best Marijuana Stocks To Buy? 3 To Watch Next Week Could Top Cannabis Stocks To Invest In Rebound In May? Are top marijuana stocks setting up for a rebound in the market? After 3 months of declines in market value, the best cannabis stocks to invest in have started to show signs of some upside in May. At the present time, cannabis legalization and
With an influx of states transitioning to adult-use markets and the U.S. Senate signaling its intention to move forward on cannabis reform, federal legalization is imminent. Industry stakeholders and mainstream business leaders alike are preparing for the seismic shift that legal cannabis will likely experience once federal prohibition ends. In the
It wasn’t that long ago that cannabis industry investment opportunities were very limited as policy change happens often. In some ways they still are, but not nearly as limited as in years past. Thanks to cannabis reform victories the legal cannabis industry is allowed to operate in more regions than during the prohibition era. Many countries still
Brightfield Releases New CBD Report Cannabis and CBD consumer data analytics company, The Brightfield Group, is announcing the release of their newest report analyzing the CBD market in 2020 and laying out their predictions for 2021. Some key information from the report includes: Original link
