WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.

Arizona voters to consider another recreational marijuana bill

When voters head to the polls this November, they’ll decide on a marijuana legalization initiative that’s appearing on the ballot in Arizona for the first time since 2016.

Medical marijuana has been legal in Arizona since 2010. More than 250,000 Arizonans are medical marijuana card holders today.

This year’s Smart and Safe Act, or Proposition 207, looks to decriminalize recreational use. If passed, adults 21 and older could legally use and buy the product, and possess it in limited quantities.

A similar measure narrowly failed in 2016. Prop. 207 spokesperson Stacy Pearson said the new bill is informed by criticisms of its predecessor.

"The most important example [of that] is the criticisms from the business community, who thought that the 2016 initiative did not go far enough in allowing employers to prohibit use by their employees," she said.

e-mail icon

Copyright

© 420 Intel

This State Will Make Marijuana History in November

There are expected to be a number of fast-growing trends this decade, including cloud computing, the Internet of Things, artificial intelligence, and cybersecurity. But don't sleep on marijuana.

After generating an estimated $10.9 billion in worldwide sales in 2018, legal channel cannabis sales are expected to hit anywhere from $50 billion to $200 billion a year by 2030, according to various Wall Street estimates. Yes, this is a pretty wide range, but it's to be expected of an industry that's never been legalized in the modern era, and which has tens of billions of dollar in activity occurring behind the scenes.

It's also an industry that could soon get a lot bigger in the United States. Currently, two-thirds of all states have given the green light to medical marijuana, with 11 of these states also allowing for the consumption and/or retail sale of adult-use weed. But in less than a month, we could see these figures tick higher.

The Nov. 3 election will feature five states with cannabis measures on their respective ballots. However, none is going to be more unique than what the Mount Rushmore State is presenting to its residents.

The Mount Rushmore State is four weeks away from making cannabis history

While we've witnessed a number of unlikely ballot measures before, South Dakota is about to do something no state has previously attempted: It's trying to legalize medical and recreational marijuana at the same time, albeit with two separate ballot measures.

Multiple voting booths partitioned off, with attached voter pamphlets.

Copyright

© 420 Intel

Canada: Legal pot sales continue to eat into illicit market

The legal cannabis industry continued to make inroads against its illicit counterparts, as one-quarter of all sales took place among regulated players in the first quarter of the year, according to new data from the Ontario Cannabis Store.

The provincial pot distributor's quarterly review showed that the province controlled a 25.1-per-cent share of the cannabis market in the fiscal first quarter of 2020, a slight uptick from the 24.7 per cent share observed in the previous quarter. The number lagged behind the national share for the legal market, according to OCS and Statistics Canada calculations.  

The market share gains indicate that Canada's approach to legalizing pot for recreational use is gaining traction amongst consumers. Additional data showed household spending on legal cannabis in the second quarter of 2020 outpaced the illicit market for the first time 

"The growth of the market in terms of the volume of product sold and percentage of the illegal market captured are both inching upwards as a direct result of the collaboration between the OCS and its commercial partners – licensed producers and authorized cannabis retail stores," Cheri Mara, chief commercial officer of the OCS, said in a letter published with the agency's quarterly review. 

The OCS also said in its quarterly review that its $7.05-per-gram sale price for dried flower is now cheaper than the average price offered by illegal mail-order marijuana sites ($7.98). The discount comes as large-format 28-gram value offerings become increasingly popular in the legal retail market. Those products accounted for 3.9 per cent of all dried flower sales last quarter, nearly four times the total observed by the end of last year, the OCS said. 

e-mail icon

Copyright

© 420 Intel

Montanans will benefit from marijuana tax revenue

Since the onset of the COVID-19 pandemic, Montana has plummeted into the worst economic recession since World War II. A recent analysis conducted by Montana's Bureau of Business and Economic Research (BBER) projects that the state will experience a 7.3 percent decline in employment in 2020. While this downturn affects the spending power of individual households, it drastically reduces our state tax base which depends on income tax for its general fund. By voting to legalize, regulate and tax recreational marijuana, Montanans will benefit from $236 million in tax revenue by 2026.

CI-118 and I-90 are complementary ballot initiatives which, if passed, will legalize, regulate and tax recreational marijuana for adults 21 and over. By establishing a 20 percent tax on marijuana products, the legislation will fund services and programs that benefit all Montanans. Roughly half of the funds will be directed toward programs that support public land access and improvements for parks and trails. I urge Montanas to vote yes on ballot initiatives I-190 and CI-118 in order to counteract economic repercussions of COVID-19 and promote a stronger, safer and more resilient state.

Rate this article: 
Select ratingGive Montanans will benefit from marijuana tax revenue 1/5Give Montanans will benefit from marijuana tax revenue 2/5Give Montanans will benefit from marijuana tax revenue 3/5Give Montanans will benefit from marijuana tax revenue 4/5Give Montanans will benefit from marijuana tax revenue 5/5
Authored By: 
Article category: 
Regional Marijuana News: 

e-mail icon

Copyright

© 420 Intel

Why Does Cannabis Work So Well To Combat Nausea?

Cannabis does not actually calm the digestive tract. Instead, this is how it treats nausea.

People around America more and more are using cannabis as a treatment for nausea, from cancer patients trying to combat the nausea that follows chemotherapy to expecting mothers trying to keep food down in the months before birth.

As more is discovered about the endocannabinoid system, scientists are coming closer to pinpointing exactly why cannabis helps to reduce nausea.

Nausea is a necessary function of the body, used primarily to alert the body that something it ate might be poisonous or rotten and should be avoided now and in the future, or that the body is experiencing an illness or imbalance and needs treatment or rest. For example, dehydration can trigger nausea because the body is trying to send a signal that it’s unbalanced and needs more water.

But there are other factors, like motion or certain medications, that will also increase the signals being sent to the brain from the rest of the body, many of which the brain interprets as nausea

Chemotherapy-Induced nausea

Copyright

© 420 Intel

Missouri Cannabis Supply Chain Ready For Business

With the green light given for a cannabis testing laboratory to begin operations, Missouri’s medical marijuana program supply chain is now complete and will soon be serving patients. Last week’s approval of EKG Labs in St. Louis comes nearly two years after voters legalized the medicinal use of cannabis with the passage of a constitutional amendment in November 2018.

Copyright

© 420 Intel

Canopy to bring cannabis beverages to the U.S. next year

Canopy Growth Corp., the cannabis company that attracted Corona beer producer Constellation Brands Inc. as an investor, is moving to bring cannabis beverages to the U.S. in 2021.

The drinks will contain THC, the psychoactive compound found in marijuana, in dosage amounts designed to keep people buzzed and social in a similar way to beer, cocktails or wine.

“Just as hard seltzer disrupted beer by providing a lighter, low calorie alternative, we believe cannabis beverages will be an attractive option for what have traditionally been alcohol-driven occasions and mood states,” said David Klein, Canopy’s chief executive officer, in an email exchange with Bloomberg News.

Copyright

© 420 Intel

The Cannabis Industry Is Putting Up A Fight Against COVID-19. Here's How

With cannabis prohibition on the decline and medical marijuana now legal in 33 states, it’s a great time for innovators to create new and exciting technology to improve how people cultivate and consume cannabis. 

However, it hasn’t always been this way. 

Bryan Buckley, who is the CEO and Founder of Helmand Valley Growers Company, explained the struggles of funding medical cannabis research during the early days of legalization on Episode 42 of the Cannabis Tech Talks podcast. 

“We’re playing a game as we’re still making up the rules, and we’re very comfortable being uncomfortable,” said Buckley. “When you really believe in something…you’ll figure out a way to make it work.” 

A lot of innovators could probably agree with Buckley’s statement. 

Copyright

© 420 Intel

With marijuana testing soon underway, medical pot expected to hit Missouri shelves this fall

Missouri inched closer this week to its first commercial marijuana sales when a laboratory here got a green light to start testing samples of pot expected to hit shelves by late October.

EKG Labs on Saturday became the first of 10 licensed medical marijuana testers to start operations after passing a state inspection.

That means marijuana currently being grown by a handful of commercial cultivators may now undergo state-required testing for safety — and potency — so it can be sold at dispensaries.

EKG expects to start testing samples of marijuana as early as next week, said Natalie Brown director of operations.

“We’re hopeful that there will be product on the shelves and dispensaries by early to mid October for the patients,” Brown said.

e-mail icon

Copyright

© 420 Intel

Arkansans spent $154 million on medical marijuana

Arkansans spent $154 million on 24,067 pounds of medical marijuana since the first dispensary opened in May 2019. This is according to Scott Hardin, who is a spokesperson with the Arkansas Medical Marijuana Commission.

In Northwest Arkansas and the River Valley specifically, 8,416 pounds of medical marijuana were sold since August 2019.

There are currently 29 dispensaries in Arkansas, and the state expects to open eight more.

83,779 Arkansans have a patient card for medical marijuana. Starting on September 30th, expired patient cards must be renewed to make new purchases.

A trip to the doctor's office for card renewal is not required. Patients can do a Telehealth appointment with a doctor to confirm their conditions and to receive a patient card.

Rate this article: 
Select ratingGive Arkansans spent $154 million on medical marijuana 1/5Give Arkansans spent $154 million on medical marijuana 2/5Give Arkansans spent $154 million on medical marijuana 3/5Give Arkansans spent $154 million on medical marijuana 4/5Give Arkansans spent $154 million on medical marijuana 5/5
Authored By: 
Regional Marijuana News: 

e-mail icon

Copyright

© 420 Intel

New Poll Shows Arizona Voters Indifferent On Prop 207, Recreational Cannabis Legalization

Market research company OH Predictive Insights finds that the legalization of recreational cannabis in Arizona is almost split amongst voters.

The recent poll surveyed by 600 likely voters answered the question, “ Do you believe that marijuana should be legalized for adult use in the State of Arizona?” The survey was conducted between September 8-10.

As a result, 46% likely agreed, 45% opposed, and 9% remained undecided. The effort towards this survey is to see how Proposition 207 will do in November’s election. Under Prop 207, adults (aged 21 or older) would allow one ounce of marijuana for recreational use and up to 6 plants for cultivation; medicinal use is already legal in the state. Unfortunately, between the decline in support from a July poll and the failed initiative Prop 205, the shaky future of Arizona’s Prop 207 will come down to November’s election.

Not the first time Arizonians were split on a decision. In 2016, the proposed Proposition 205 failed to succeed to a 51.3%-48.7% margin, leaving the opposition with a lackluster defeat. The results from a July poll by OH Predictive have shown the swing with voters pro-legalization leading from 62%-32% to now at 46%. The most significant campaign obstacle to make this happen will be working on the 9% undecided.

“As election day nears, voters appear to be focusing on what’s on the ballot,” says OHPI Chief Mike Noble on OH Initiative blog, “And while the campaign to oppose marijuana legalization is anemic compared to 2016, voters still have concerns about the effort.”

e-mail icon

Copyright

© 420 Intel

The Question Millions Are Asking: Is CBD Actually Safe?

In a time marked by shuttered business, depressed consumer shopping, and plunging retail spending, not many markets can claim the victory that the CBD (cannabidiol) market has done so far. Back in 2018, sales of CBD products in the United States alone harvested a generous $600 million-$2 billion. Sales of CBD have actually grown slightly from those impressive numbers in 2019, as more consumer concerned about their health have switched their shopping habits, and now buy full-spectrum CBD online directly from the manufacturers. This is according to a report published by Forbes, which also foresees the figure inflating upwards of $16 billion by 2025.

As a cannabis-derived compound that harbors numerous pharmacological actions, such as antiemeticanti-inflammatoryanxiolytic and antipsychotic properties, it is understandable why the market has such promising prospects. 

While emerging research is highlighting the benefits of this non-psychotropic cannabinoid, a handful of studies have also spotlighted how CBD lacks the non-toxic properties to cause negative changes on food intake, blood pressure, body temperature, heart rate, gastrointestinal transit, psychomotor and psychological functions.

But just how safe is it and should you be wary of introducing CBD into your lifestyle? Read on to find out.

CBD Research Has Been Suffocated by Classification Standards 

Due to the Drug Enforcement Administration (DEA) classifying the cannabis plant as an illegal substance since the 1970s, strict restrictions have been imposed on CBD research for the past decade. Anyone who wishes to study the plant-derived compound is welcome to do so, buy only if they have obtained the necessary license.

e-mail icon

Copyright

© 420 Intel

Broad Spectrum CBD: Comparing Broad Spectrum & Full Spectrum CBD

Buying CBD products can be confusing to say the least. One thing that often perplexes CBD consumers is the difference between broad spectrum and full spectrum CBD.

With thousands of CBD products on the market, different brands are struggling to stand out. One major difference between CBD oil tinctures is whether they contain broad spectrum or full-spectrum CBD. It doesn’t help that products are also frequently mislabeled, too.

In brief, the hemp plants has hundreds of natural chemicals in it, including the “cannabinoids” that cause its beneficial effects. The most well known cannabinoids are CBD, the popular supplement, and THC, which is the main “active” ingredient in psychoactive cannabis (a.k.a. “marijuana”). But many other cannabinoids exist.

Both broad spectrum and full spectrum CBD products contain a variety of these natural cannabinoids, but differ in one key ingredient. While neither type of CBD will make you “feel high,” full spectrum CBD has tiny amounts of THC in it while broad spectrum doesn’t have any at all.

But there’s a lot more to learn, so read on to understand more about the different types of CBD oil and why it could matter to you.

A dropper of broad spectrum CBD oil held over a drinking glass of water, with droplets falling into a beverage.

Copyright

© 420 Intel

3 Pot Stocks to Buy Ahead of the U.S. Election

Voters have some big decisions to make when they cast their ballots by Nov. 3. A Joe Biden presidential victory could lead to the decriminalization of marijuana at the federal level, which would certainly be a big step forward for the industry though it would stop short of full federal legalization. In addition, Arizona, New Jersey, South Dakota, and Montana could be among the next states to legalize marijuana for recreational use as their voters decide whether to allow adult-use pot.

Copyright

© 420 Intel

New Bill Would Give Cannabis Businesses Emergency Relief Access

A new bill has been introduced to Congress by a team of Democratic senators who think it’s unfair that cannabis businesses in legal states are excluded from federal aid while other businesses in the state are able to get a leg up with government-funded help.

Copyright

© 420 Intel

Thailand is 1st Asian Country to Legalize Medicinal Cannabis and Enter Global Market

Asian countries have not been known for their acceptance of cannabis either as a recreational drug, or for its medicinal value. Thailand is the first Asian country to break stride, legalizing medicinal cannabis, and opening up a global export market.

Change doesn’t always come quick, and Asian countries like China and Japan have been notoriously tough with their drug laws, even cannabis. This is true as well for countries like Singapore, Malaysia and Indonesia. In fact, getting caught with minor possession in such countries can earn a person a lifetime in prison, or even a death sentence.

So it’s no small feat that in 2018, Thailand’s military appointed National Legislative Assembly voted 166-0 to legalize medicinal marijuana. Before a law goes into force in Thailand, it also must be approved by Thailand’s reigning monarch, King Maha Vajiralongkorn. The legislation went into effect in 2019.

Thailand and cannabis

The legalization of medicinal cannabis, and the opening of a global export market did nothing to change the laws around recreational cannabis in Thailand. Cannabis still remains a category 5 narcotic under Thai drug laws and illegal possession of the plant can garner a person up to 15 years in prison, and approximately a 1.5 million baht fine (about $48,000). If a person is caught trafficking, they could face life in prison, or even the death sentence. The change in laws was covered under the Narcotics Act of 2019, which is a modified version of the Narcotics Act of 1979.

The medicinal legalization is strictly for those authorized by the government to cultivate and use the plant. Users are required to have a doctor’s prescription and a marijuana identification card.

The laws that originally legalized medical cannabis in 2018, are likely to be updated in 2020. The cabinet approved a Public Health Ministry proposal to expand the existing laws to allow patients, medical practitioners, and traditional medicine healers to cultivate cannabis. This authorization, should it pass, would allow a greater number of people to legally grow, including folk healers.

e-mail icon

Copyright

© 420 Intel

Automation & Artificial Intelligence Revolutionize the Cannabis Industry

To some, artificial intelligence (AI) may be categorized next to the likes of Bitcoin and blockchain: it’s just another techie buzz word.

For others, artificial intelligence could conjure up images of sentient robots hellbent on world domination.

While artificial intelligence, in some ways, can be those things, what it is in practice often looks much different.

The artificial intelligence that many people talk about today can also be referred to as machine learning, or the process by which software takes in data, learns patterns, and makes whatever adjustments it needs to make to achieve its goal.

The goal in our case?


Copyright

© 420 Intel

Medical cannabis: science and risk-based methodology

Independent consultancy NNE and venture advisory firm Volvér showcase the significance of science and risk in devising a manufacturing facility.

How can cannabis producers bring a high quality, reliable product onto the market? Morten Allesoe, Principal Consultant and Christian Carlsen, Venture Partner at independent consulting firm NNE, tell MCN about the importance of factoring in scientific evidence and risk awareness.

“We have previously discussed various steps in the journey from having an idea as an investor or entrepreneur, to creating and delivering the product to the patient and the processes that take place within the body once the patient consumes the product – but we are still missing some of the steps between the initial idea and the launch of an operational facility,” explains Business Director Christian Carlsen.

“We advise our customers to take the science- and risk-based approach with a heavy patient focus, but this is a factor that migrates into the broader strategy on how to qualify the facility and the equipment,” says Principal Consultant Morten Allesoe.

How can a focus on science and risk help solve the challenges faced by medical cannabis producers in an emerging market?

Pharmaceutical engineering and consulting company NNE has provided advice and support to an increasing number of medical cannabis clients in recent years. As the nascent medical cannabis industry has grown and developed, both in Europe and elsewhere, Carlsen has identified some key differences between the field of medical cannabis and the traditional pharmaceutical sector.


Copyright

© 420 Intel

The Hemp Industry Responds To The DEA Rule With A Lawsuit

Petitioners claim that a recent DEA rule is unlawful because it exceeds the DEA’s authority and violates the 2018 Farm Bill.

On August 21, the Drug Enforcement Agency (the “DEA”) released an Interim Final Rule (the “Rule”), which, in part, suggests that in-process hemp extract shall be treated as a schedule I controlled substance during any point at which its THC concentration exceeds 0.3 percent on a dry weight basis. “Any point” includes even fleetingly during the processing phase and includes situations where the THC percentage is brought back into legal compliance for the finished product.

In response to this threat, close to 2,500 hemp stakeholders have already expressed their opposition to the Rule by submitting comments via the federal public docket. But some have taken their opposition one step further by suing the DEA. On Friday, September 18, the Hemp Industries Association (“HIA”) and RE Botanicals, a South Carolina hemp CBD manufacturer, filed a petition against the DEA and its acting administrator, Timothy Shea, in the U.S. Court of Appeals for the District of Columbia.

The petitioners claim that the Rule is unlawful because it exceeds the DEA’s authority and violates the Agriculture Improvement Act of 2018 (the “2018 Farm Bill”). Specifically, the Rule contradicts the plain language and the intent of the 2018 Farm Bill, which legalized hemp, its derivatives, extracts and cannabinoids so they could be regulated as agricultural commodities, and thus, fall outside the DEA’s jurisdiction.

In addition, HIA and RE Botanicals argue that the DEA failed to issue the Rule in compliance with administrative procedures imposed under the Administrative Procedure Act (the “APA”). Indeed, Mr. Shea implemented the Rule without providing the public with notice and the opportunity to comment before the Rule went into effect. Instead, the Rule provides that its content “merely conforms DEA’s regulations to the statutory amendments to the [Controlled Substances Act] that have already taken effect, and it does not add additional requirements to the regulations.” (Emphasis added).

USDA Releases Hemp Rules

Copyright

© 420 Intel

Croptober is going up in smoke amid U.S. wildfires

October usually heralds the harvest of outdoor cannabis plants, affectionately known as “Croptober.” But this fall, something more serious is in the air: smoke from the wildfires that are ravaging California and Oregon.

Fires are clustered in Northern California’s “Emerald Triangle” and a pair of Oregon counties, areas that are among the nation’s most important for cannabis production. Even if crops aren’t destroyed in the more than 5 million acres of wildfires, massive amounts of smoke and ash will take a toll. Darkened skies can stunt the plants’ growth, said Jill Ellsworth, chief executive officer of Denver-based Willow Industries, which cleans marijuana flower for mold in California and other states.

“We’re hearing that some cultivators are starting to harvest early, because it’s prematurely flowering, and they don’t want that,” Ellsworth said.

In a normal year, around two per cent to five per cent of California’s marijuana crops would fail mold tests, Ellsworth said. This year, she estimates it could be double that percentage as sunlight-blocking smoke weakens plants’ resistance to mold, disease and other pests. Even crops inside greenhouses could be affected.

The impact is expected to extend beyond the flames and haze. The fires will likely hit supplies and cause ripple effects across the country.

e-mail icon

Copyright

© 420 Intel


WeedLife.com