WeedLife News Network

Cannabis is becoming a hot commodity on the stock market.

Recently, Tilray Brands' CEO Irwin Simon, who leads a company that is among the largest cannabis brands on the planet, and one publicly traded on NASDAQ, said he thinks cannabis can become a seriously profitable industry within the United States.

"The U.S. is a $100 billion opportunity in cannabis," Simon told Yahoo Finance.

"If you look at cannabis today in the U.S., 93 percent of Americans want medical cannabis legalized and about 63-65 percent want adult use. Today, it's legal in about 33 states, plus D.C."

Retail licences for adult-use weed have not yet been issued.

New York City police recently took to the streets to clamp down on illegal weed trucks that are popping up everywhere by seizing 19 of the pot shops on wheels.

“19 illegal vehicles and cannabis seized off the streets of NYC. While others follow the rules, these trucks and their vendors don’t have permits so we took action!” Maddrey continued.

“If you are looking to buy illegal Cannabis from the Weed World Bus located on 5th Avenue & 40th street it is no longer open for business. We do not anticipate it opening for business anytime soon!” Maddrey noted in a tweet this week.

One commenter asked, “Did you get ‘Uncle Budd’ on 116 and FDB in Harlem? There every day.”

This past June, deputies with the city’s sheriff’s office seized about a dozen Weed World Candies vehicles, reportedly for parking debts.

KUALA LUMPUR / BANGKOK - Malaysia plans to learn from the cannabis policy of neighbouring Thailand in its effort to legalise use of the drug for medical purposes, a health ministry official said on Wednesday, in a country where possession can bring the death penalty now.

The comments came after the Thai health minister said he would meet his Malaysian counterpart during a meeting of APEC health ministers next week where Thailand will showcase its work in legalising medicinal marijuana.

There are some drawbacks to living with another person, especially if you two do not live similar lifestyles or have different views on cannabis usage in the home. Here’s how to deal with it.

Marijuana legalization has liberated those who regularly use cannabis and live in states where it has recently become legal. While recreational marijuana has eliminated a lot of difficulties and roadblocks for those who indulge in smoking weed, it has created some new challenges, and magnified a few existing conflicts. One area that has grown increasingly more complicated is weed etiquette in the home when you have a roommate.

Having a roommate certainly has its pros and cons: they split your rent, walk your dog, and listen to you when you have something (or nothing at all) to say. There are, however, some drawbacks to living with another person, especially if you two do not live similar lifestyles or have different views on cannabis usage in the home. If you have a roommate, this might have you wondering what proper weed etiquette is these days now that we are in this new age of cannabis freedom. 

Check the Lease

Before you start wondering what is polite or impolite, you should first determine what is allowed and what is prohibited in your rental. More and more properties have very clear smoking policies. No-smoking policies do not simply refer to cigarettes. They can also apply to marijuana, and do not necessarily have to specify the type of smoke, as long as they are specific about the rules. 

According to the legal website Nolo, “A clear no-smoking policy prohibits all forms of smoking, including smoking marijuana for medical reasons.” These no-tolerance smoking policies are quite serious.

If you signed the lease and agreed to no-smoking terms, the violation can land you on the street. “A landlord who has included a no-smoking policy in a lease or rental agreement can terminate the tenancy of or evict a tenant who smokes,” the article continues. Make sure you are aware of your lease and its fine print, especially if you have a roommate or neighbor who is likely to rat you out to your landlord for smoking.

Petro compared the country’s possible cannabis market with that of Canada.

Gustavo Petro, the newly elected president of Colombia, is talking about potentially legalizing cannabis during his first weeks in office.

In a recent summit with the country’s mayors, Petro talked about the perks of legalizing cannabis and possibly releasing those who have been incarcerated in relation to the drug.

“Let’s see if by exporting cannabis we make a few dollars because in part of the world, the drug is legal,” said Petro in a translation per Noticias RCN. “Why can’t the farmers from Cauca plant cannabis?” he asked, referring to a region in Colombia where farming is a big part of the business.

Petro compared the country’s possible cannabis market with that of Canada. He also called out the U.S., using it as an example where cannabis is legal in almost half of the country.

Regarding those who’ve been incarcerated due to cannabis-related offences, Petro said: “If we’re going to legalize cannabis, are we going to allow all of those people who’ve been imprisoned to remain in jail? Or is it time to release those people?”

A slight majority of those surveyed say marijuana has a positive effect on most users.

The number of surveyed Americans who believe cannabis has had a negative effect on society just barely edges out those who think the impact has been positive, according to a new poll released this week by Gallup.

Specifically, 50 per cent of the 1,013 U.S. adults interviewed over a three-week period this past July responded that weed’s effect on society is negative compared to 49 per cent who considered it positive. The margin of sampling error is plus/minus four percentage points, Gallup News Service reports.

The positive percentage increases somewhat when asked about the drug’s effect on people who use it. In that case, Gallup notes 53 per cent of adults polled said the impact was positive compared to 45 per cent who said it was negative.

Predictably, the gap between positive and negative views — related to both the impact on society in general and on individual users specifically — widen depending on whether or not the respondent in question has ever consumed weed.

Those who partake, or have ever done so, said they believe marijuana’s effect on society (70 per cent) and on individuals (66 per cent) has been positive. Compare that to never-users, 72 per cent of whom responded that cannabis has had a negative effect on society and 62 per cent who felt the same about the effect on users.

Clark County is looking to make it easier for people who have old, low-level cannabis convictions on their records — years after the state legalized recreational marijuana use — to keep that information out of the public domain where it could still have consequences for their jobs and housing searches.

At a Clark County Commission meeting earlier this month, officials awarded three nonprofits grants totaling $1.2 million from cannabis tax revenue. Both the Legal Aid Center of Southern Nevada and Nevada Legal Services received $500,000 to continue sealing records to address cannabis conviction injustices, while Code for America, a technology nonprofit, was awarded $200,000 to explore bringing automatic record sealing to Nevada.

“There was a woman who couldn't go see her son graduate on an Air Force base because she had a felony record [for cannabis],” said Venicia Considine, the director of development and community relations at Legal Aid Center of Southern Nevada, who is also a Democratic Assembly member. “There's a lot of people that live here in Las Vegas that couldn't get jobs, simply because they had something on their record from a decade, two decades ago, that was eligible for record sealing, but there was no real way to get it done.”

Most states have a petition-based process that requires money and multiple actions in each jurisdiction where convictions are filed, and according to experts, less than 10 percent of people who are eligible, get their records cleared. Coders, lawyers and technology professionals want to help state entities conduct a mass record sealing of cannabis convictions, circumventing the tedious process that includes first petitioning a judge, and, if granted, manually sealing the record in each jurisdiction throughout the state.

Policy experts at Code for America, a Bay Area-based organization that uses technology to empower government agencies, have nine months to investigate the scale of digital investment needed to carry out automatic record sealing in Nevada. Lawmakers and legal experts hope Code for America will bring a second wind to the Nevada Second Chance Act, or AB192, a cannabis conviction record-sealing bill passed in 2019 and sponsored by then-Assemblyman William McCurdy II.

“I wanted [AB192] to be an automatic seal, but that was impossible, because we currently still have records that are not digitized,” said McCurdy, who is now a Clark County commissioner.

Starting with applicants who have been “justice-involved” is called the Seeding Opportunity Initiative, with New York said to be the first state to implement the approach.

Cannabis regulators in New York State (NYS) announced last week that they would accept dispensary applications starting Aug. 25 and that these initial applications will be reserved for people and families who have been directly impacted by the War on Drugs.

The formal announcement was made through the NYS Office of Cannabis Management’s social media platforms.

Squat berry plants do little to conceal tall hoop houses containing illegal cannabis.

A massive illegal cannabis grow-op made up of almost 300 greenhouses containing about 14,000 illegal plants was recently found amidst a berry farm in northern Monterey County, Calif.

“The illegal operation was hidden on a berry farm in unincorporated Salinas, Calif., nearly 300 hoop houses,” notes a statement from the Monterey County District Attorney’s Office (MCDAO). “Berries were planted along the perimeter of the hoop houses to conceal the true nature of the operation,” MCDAO adds.

In all, members of the Monterey County Cannabis Enforcement Unit found and destroyed 14,000-plus illegal weed plants and just shy of 13,610 kilograms of processed cannabis. The unit was aided by MCDAO’s Bureau of Investigations, the California Department of Fish and Wildlife and the Monterey County Department of Public Works.

An investigation into the illegal operation is continuing.

Medicinal and recreational cannabis are both legal in California. That said, individuals 21 and older can only grow up to as six cannabis plants at home for personal use, while commercial cultivation requires a licence and adherence to local rules, including whether or not outdoor grows are even permitted.

MONTGOMERY -  A set of proposed new rules regulating the introduction of medical marijuana in Alabama were approved last week, according to the Alabama Medical Cannabis Commission (AMCC).

On Thursday, August 11, the commission approved a plan that will start the process of licensing companies wanting to take part in the state’s new medical marijuana industry.

A D.C. task force will begin cracking down on I-71 shops that gift marijuana in exchange for purchases.

Catch up quick: Such gifting shops cropped up after a 2014 law legalized possessing small amounts of marijuana in D.C., but not buying or selling it.

Why it matters: The task force puts further scrutiny on the gifting businesses which medical marijuana dispensaries have argued are taking business away from them.

A “Joint Cannabis Task Force” will start unannounced inspections next month to ensure businesses abide by D.C. laws such as food safety, fire codes, and proper registration with the Office of Tax and Revenue.

Medical marijuana could soon be legal in Tuscaloosa.

ALBANY - The Office of Cannabis Management announced it will be accepting applications for conditional adult-use retail dispensaries starting August 25.

New York is one of 19 states that’s legalized recreational cannabis. The retail licenses will prioritize people who have been previously convicted of marijuana-related crimes and have experience operating a business. Studies show that people of color were disproportionately impacted by marijuana prohibition.

Aussie basketball legend Lauren Jackson was a pain-riddled 'zombie' before medicinal cannabis allowed her to make a remarkable comeback aged 41​​

There are a number of pros that favor the use of dealers (not that we are advising you to) and also those that favor dispensaries.

This article originally appeared on Cannabis.net and has been reposted with permission. The question of where to get weed from should be expected to have a straightforward answer, right? Wrong. For many cannabis users, the choice of where to get a desired product remains a big issue that many haven’t settled. Some are unaware of the benefits that getting cannabis from a trusted source brings. Here’s what you need to know before making a decision.

Sources of Cannabis Products

Researchers believe that CBDA could be the next big medication for treating and maintaining overall mental and physical well-being.

Cannabidiolic acid (CBDA) is a minor cannabinoid with significant medicinal promise. Recent research suggests that CBDA could be an alternative treatment for managing or curing inflammation, anxiety, cancer, and seizures. The therapeutic potential of CBDA is the newest discovery of cannabinoid-based drugs.

Introduction to CBDA

Although research is still in the infant stage, researchers believe that CBDA could be the next big medication for treating and maintaining overall mental and physical well-being. Many cannabis-based scientists are optimistic that CBDA would reduce the need for conventional drugs with long-term side effects.

CBDA is mainly found in cannabis plant material. Like other major and minor cannabinoids, it reacts with the body’s endocannabinoid system and receptors in the central nervous system and immune system.

Conversion of CBGA to CBDA

CBGA is converted into CBDA by an enzymatic process. Once formed, it remains this way until the decarboxylation process takes place. Decarboxylation is the conversion of acidic cannabinoids to their decarboxylated forms. CBDA is converted to CBD, THCA to THC, and CBCA to CBC. When cannabis is heated, the decarboxylation process takes place. Cannabinoids’ molecular structure changes when they are heated, dried, or treated. The method alters the substance’s chemical structure by removing one acidic carboxyl group.

While certain cannabis plants have been cultivated to contain balanced quantities of CBDA and THCA, CBDA is often only found in very small concentrations in cannabis plants. Mainly hemp plants are well-known for having significant levels of CBDA and traces of THCA.

Grow conservatively estimated to have used enough water to fill 50 average-sized swimming pools

Charges are reportedly pending for suspects after a multi-force team busted an illegal cannabis grow-op in Oregon that covered almost six acres of land.

The Jackson County Sheriff’s Office (JCSO) reports that detectives with the Illegal Marijuana Enforcement Team executed a search warrant on Aug. 9 at the unlicensed grow near Medford, Ore.

JCSO deputies, detectives with Oregon State Police’s Rogue Area Drug Enforcement and members of Homeland Security Investigations assisted with the warrant service.

On the property, the authorities discovered approximately 16,827 illegal cannabis plants inside 87 hoop-style greenhouses.

Though one subject found on site was detained and interviewed, that person was later released. “Detectives identified the primary suspects and charges are pending from the Jackson County District Attorney’s Office,” the JCSO reports.

Cone Denim has expanded its partnership with hemp processing innovator BastCore, following the former’s recently launched U.S. Hemp Collection.

BastCore has created patent-pending technology and a proprietary process that produces clean, mechanically processed, Oeko-Tex Standard 100 certified and U.S. Department of Agriculture bio-preferred hemp fiber out of its operation in Montgomery, Ala.

“Cone is extremely proud to work closely with an industry-recognized company like BastCore as we advance our commitment to provide more sustainable, alternative fiber options to our denim community,” Cone Denim president Steve Maggard said.

Did you know that medical cannabis is legal in Australia? Prescribed in oil, capsule, cream and flower form, there is a multitude of conditions that medical cannabis can help with, Dr Suzanne Graham explains.

In order to understand why tobacco prices steadily increase while marijuana prices fluctuate, it is important to understand the differences between why and how these two products are taxed.

If you are a frequent cannabis purchaser you have likely noticed that some of your favorite cannabis products have stayed the same price, or even decreased over the last year. When prices on your favorite cannabis go down you likely don’t want to ask too many questions. Instead you are more likely to buy as much as you can and leave with a bag full of savings.