WeedLife News Network

Lompoc leaders could enact a moratorium on new cannabis businesses in the city amid concerns that a glut in the market is resulting in too much competition.

The request for changes comes from existing cannabis businesses which say there are too many pot shops in a city of just 45,000 people, especially at a time when inflation has dampened demand for cannabis and other non-essential items.

Unlike many other municipalities, Lompoc took a laissez-faire approach to commercial cannabis.

“It would vastly change the current ordinance on the books so we want to be very careful about how we move forward on that,” Lompoc Mayor Jenelle Osborne told KSBY.

The city has issued 46 cannabis licenses with another 16 applications pending.

SANTA CRUZ - SC Labs today announced it has rebranded Agricor, Botanacor, and Can-Lab to become one company under the SC Labs name.

The company now offers seamless testing services for cannabis across California, Michigan, Oregon, and Colorado, as well as hemp testing capabilities nationwide. This represents the first stage of expansion that will deliver significant value to multi-state cannabis operators and large wellness brands in need of streamlined and accurate testing across state lines.

Cannabis is such an effective recovery aid that many professional athletes have secretly used cannabis to help them recover, even when it might have cost them their career.

We all know exercise is good for us. But sometimes we forget recovery is just as important. To get back to the activity you love, you need to recover in an optimal amount of time. The body has natural mechanisms of recovery, but with work, kids and social obligations, sometimes life gets in the way and recovery takes a backseat to training. But if you repeatedly exercise without letting your body recover, you can put yourself in a state of overreaching that can negatively affect your mood and energy levels.

BUCKFIELD - Residents passed the $2.4 million budget and a new marijuana ordinance in Tuesday's Town Meeting referendum vote, but it was not a good day for incumbents.

The town is one of a few municipalities that holds its Town Meeting with a daylong vote by secret ballot instead of a traditional in-person meeting. That method will continue for at least another year as voters passed a question to continue the referendum format by a 127-117 vote, against the recommendation of the Select Board.

IDAHO - A partnership between the University of Idaho and a local company Hempitecture is looking to turn the world a little greener by using hemp as an environmentally friendly building material.

Home insulation made out of hemp is what the University of Idaho's Boise-based Integrated Design Lab is testing right now using a $200,000 state grant to research and compare typical insulation materials to hemp insulation created by Idaho-based company Hempitecture.

Cannabis advocates have long pointed out that when cannabis is prohibited, people still consume it. That may seem obvious, however, cannabis prohibitionists try very hard to pretend that it’s not the case.

Under prohibition, cartels largely control cannabis sales. That is not to say that every single piece of cannabis is cartel controlled. Surely there are people cultivating small amounts where cannabis is prohibited and presumably some of them are selling it to other people.

In a regulated cannabis system, many consumers and patients will gladly make their purchases at licensed outlets, even if it is a little more expensive compared to unregulated sources.

GLENDALE - Hollyweed, an emerging cannabis beauty and holistic company, has launched its line of products that may help Americans to keep up with their mental, spiritual, emotional and holistic fitness. 

Hollyweed has emerged as the leading company that manufactures cannabinoid and hemp products ever since the Californian Government lifted the ban on cannabis. The famous plant advocate and Multimedia artist Zach Fernandez played an essential role in the company's setup as he changed the famous Hollywood logo to the Hollyweed sign on New Year’s Eve in 2017.

Green Thumb Industries Inc., the owner of RISE Dispensaries, established a grant program to help organizations seeking to amend the horrific effects of the war on drugs.

According to a company press release, fall 2021 was the initial launch of the Good Green Grant Program. The company aims to donate more than $1 million by the end of the year. It has granted over $500,000 to eight organizations whose focal points are education, employment, and expungement of individuals convicted of selling cannabis.

“We want to reduce the harms caused by the war on drugs,” Jai Kensey, director of social impact for Green Thumb Industries, said to a news outlet.

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."

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.

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.

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.

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

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.

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.