WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Hemp is blazing among Florida’s agriculture inventory in the seven months since it was first allowed to be legally grown in the Sunshine State, Florida Agriculture Commissioner Nikki Fried told business leaders Tuesday. Fried said 22,078 acres are currently licensed for hemp, nearly equal to the acreage in Florida of tomatoes, watermelon and snap p
After years of waiting, the big day has finally arrived for North American cannabis stocks. In 2021, more than half a dozen pot stocks are expected to push into the black. This will definitively demonstrate that the legal weed industry is legitimate and can be a serious moneymaker. Original link
Students at Muscatine Community College had their crop delayed. It wasn’t rain, but a campus shutdown of one week because of COVID-19 that caused a delay planting their hemp crop. The difference in the weather in that lost week will likely affect the crop’s yield. “That just teaches the students why timing is so critical, and they’ll know that on t
Getting a cannabis license and building a brand in the industry can be incredibly complex and daunting – which has many producers utilizing a practice known as white labeling. White labeling, or white-label branding, is a common practice in mainstream industries in which a company removes their own brand and logo from the end product and uses anoth
The executive in charge of Canopy Growth Corp.'s global beverage unit is leaving less than a year after he joined the company, a high-level departure that comes as the pot giant looks to ramp up sales of cannabis-infused drinks to the Canadian recreational market. Andrew Rapsey joined Canopy in January and took on the role of global head of bevera
California is on pace to collect $1 billion in taxes from licensed cannabis sales in 2020, even amid challenges of the coronavirus pandemic and a still thriving black market for it, Gov. Gavin Newsom’s senior adviser on cannabis business said Thursday. Original link
Now that Mississippi has officially joined the ranks of U.S. states legally allowing medical cannabis, the next step is more cannabis legislation, as well as a thriving cannabis industry, so the state needs to be prepared. In order to help provide services for those next steps, Mississippi now has an official cannabis trade association. Original l
There was a lot of uncertainty surrounding the re-emerging industrial hemp crop in Texas at the start of the year, but now that harvest is complete and more questions have been answered, growers are pleased with the results. Hemp hasn't been widely grown in Texas for 80 years, and while three licenses were issued by the Texas Department of Agricul
NSW-based Australian Natural Therapeutics Group (ANTG) has been granted a license to produce large quantities of medicinal cannabis oil for commercial use as the industry booms on the back of good news internationally. ANTG will commence commercial manufacturing of cannabis oil at its Armidale facility following receipt of the license from the Ther
Despite the proven track record of cannabis sales in the U.S., Senate Republicans still refuse to go down the path toward legalization. For the first time in history, Congress has voted to legalize marijuana in the United States. Well, kind of. The House of Representatives approved a piece of legislation (MORE Act) last week to eliminate the cannab
New Frontier Data Report Shows Passed Cannabis Legalization Initiatives and the Pandemic Increase Consumer Consumption, Igniting Flourishing Industry Original link
By mid-2021, Pine Bluff is expected to have a new employer arriving in town that will provide as many as 200 jobs paying an average of $19 an hour, and an annual payroll of $9.4 million including benefits. Good Day Farm Arkansas LLC, a medical-marijuana cultivator licensed by the state, received approval last month from the Arkansas Medical Marijua
The idea of adding cannabis to your investment portfolio may seem far-fetched. But this once frowned-upon commodity is fast becoming a viable asset for long-term sustainable wealth creation. The demand for cannabis as a medical treatment is growing rapidly, and the Centre for Medicinal Cannabis (CMC) predicts that by 2024, the UK medical cannabis
Cannabis may be consumed by adults of all races, ages, and genders, but in Canada, those employed in the upper echelons of the nascent industry don’t reflect that diversity. According to a report published by the Centre on Drug Policy Evaluation (CDPE) and the University of Toronto, the leadership of the country’s licensed cannabis producers is mad
Will These Cannabis Stocks See More Momentum? Original link
Cannabis has been illegal at a federal level in the US since 1970, when the Controlled Substances Act was passed by the Congress. Things started to change in 1996, when California became the first state to legalize medicinal use of marijuana. Since then it has been a long and treacherous road, but most states (35 to be more exact) have legalized th
