WeedLife News Network

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

I can guarantee Amazon figured out how many employee applications are failing the marijuana drug test nationally each month.

Why did Amazon come out in favor of legalizing marijuana, now?

With the big press release from Amazon about supporting marijuana legalization in America many in the cannabis industry jumped to the conclusion that Jeff Bezos and his board were getting ready for full on delivery and shipping of marijuana.

When growers in the United States began cultivating cannabis indoors in the 1980s and ’90s, the technology was limited. The equipment required to set up a standard grow room amounted to a few high-intensity lights, fans, a dehumidifier and, if you wanted to get fancy, a CO2 regulator. Local “hydroponics” shops carried three or four brands for each product—all nearly identical.

The marijuana industry in Arizona is changing — and growing.

Cannabis brings big money to those U.S. states willing to legalize. This is the message marijuana advocates have been preaching for years, and they take every opportunity to praise it as a selling point.

Some of the latest numbers prove that the sale of cannabis products is poised to become one of the largest, tax-generating inebriation markets in the U.S.

We are proud to publish The CBD Insider 2021 US CBD Consumer Report, the only statistically significant report solely about US CBD consumers.

The goal of our report is to explore the awareness, exposure, knowledge, and use of CBD by Americans, segmented by their current consumer status as it relates to CBD.

To help us do that, we drastically increased our sample size from just over 1,000 people in our previous report to 3,519 consumers who are demographically representative of the US census.

 

The economic picture is getting high in Southwest Michigan, thanks in great part to the marijuana industry.

New businesses in empty factories. Busy storefronts. Tens of thousands of dollars in tax revenues. The marijuana business is big in Southwest Michigan.

The South Bend Tribune reports that a number of factories and storefronts that had been forced to close their doors when redevelopment efforts came up short have found new life since the state legalized marijuana.

Will These Marijuana Stocks Be Top Gainers In June?

So far marijuana stocks have still been performing well during the first week of trading in June. Even though it’s still the beginning of a new month momentum seems to continue to build. During the downtrend over the last few months, people were on the hunt for the best marijuana stocks to buy. Right now shareholders are left waiting for the cannabis stocks to rise a bit more.

Before the pandemic, Aaron De La Rosa was working three jobs and no time to time to enjoy life or save money for a rainy day.

But as COVID-19 began to intensify and reach Arizona, his hours were slowly cut until he was officially let go.

“When I finally had that time to breathe and recollect myself, I said, ‘this isn’t the life I want to work towards,’” he added.

He was unemployed for eight months as the pandemic closed businesses, taxed the health care system and took thousands of lives.

After an unforgettable and difficult year, the economy is slowly recovering, and people are starting to head back to work.

The establishment of optimal planting stock in cannabis enables the continuous developmental momentum of the crop, from propagation to harvest. Although it may be preferable for cultivators to outsource propagation to specialist nurseries in some cases, many commercial facilities prefer to retain critical cultivation processes in-house. Fortunately, cannabis is easy to propagate through seed germination, or asexually through cloning or liner production.

For years, cannabis consumption lounges have been kept at bay, though lately pro-lounge legislation is becoming more prevalent in the legal cannabis marketplace. The tides are already turning in several cities like Ann Arbor, National City and Las Vegas. New York included cannabis club licenses in its recently passed adult-use legalization bill.

While uncertainty remains regarding regulations and projected revenues, many seem to be optimistic.

The cannabis industry and sustainability movement have met at a critical intersection, changing the upward trajectory of social responsibility in the industry for good. Driven by evolving environmental regulations, consumer demand, and the best interests of the business, cannabis operators looking to promote sustainable business practices are no longer alone in their venture. Ancillary product and services vendors are supporting operators in new ways.

Although flower still reigns king in the world of cannabis, edibles are quickly catching pace as one of the most in-demand products on the market today, making up roughly 23% of total sales in 2020. This statistic holds true in both legal and illegal areas. As a matter of fact, in my own experience I have found that edibles are even more popular in states with strict cannabis regulations, where variety and more modern products like concentrates are much harder to find.

Oregon’s Marijuana Market Continues To Grow Even During Covid-19

The state of Oregon has sustained a solid market for legal cannabis sales. Especially in the last year while in the middle of a worldwide pandemic. Projections for Oregon’s cannabis market are anticipated to grow even more.

Which could lead to more cannabis revenue that can then be used for the state. For instance things like rebuilding communities impacted by the war on drugs or social equity. Analysts with the state Department of Administrative Services’ Office of Economic Analysis shared their thoughts.

Three men are under arrest following one of the largest cannabis busts in Hong Kong in a decade.

Indoor cultivation of cannabis is responsible for about 10% of all industrial electricity consumption in Massachusetts, a representative from the Northeast Sustainable Cannabis Project estimated Tuesday as he called on lawmakers to allow marijuana and hemp growers to use organic farming practices that could shift some of the cultivation outside and under the sun.

If you want to earn some extra dough, now may be the ideal time to invest in cannabis. And no, we don’t mean buying edibles in bulk.

2020 was a record year for cannabis. According to Leafly, the legal industry saw over $18 billion in sales – a 71% increase from the year prior.

The growing, processing and transportation of industrial hemp in Idaho is expected to be legal in time for the 2022 growing season.

Idaho became the last state in the nation to legalize the production and processing of industrial hemp when Gov. Brad Little signed House Bill 126 into law April 16.

The bill passed in the Senate by a vote of 30-5 and in the House by a vote of 44-26 and became effective immediately when the governor signed it.

The bill directs the Idaho State Department of Agriculture to draft a state hemp program with input from any interested stakeholders.

Hemp and substances derived from hemp now approved for use in commercial feed for pets, specialty pets, and horses in Montana

As established in House Bill 396 signed during the 2021 legislative session, hemp and substances derived from hemp are now approved for use in commercial feed for pets, specialty pets, and horses in Montana, so long as they do not contain more than 0.3% tetrahydrocannabinol, or THC.

The Massachusetts Cannabis Control Commission on Friday announced that equity applicants can officially apply for a license type that will allow for cannabis to be warehoused and then sold and delivered.

 

The marijuana delivery operator license type is only available to economic empowerment and social equity applicants for a minimum of three years. As of Friday, qualified applicants can apply for pre-certification and for the license. The exclusivity period begins the date the first company with the license type receives a notice to commence operations, the cannabis agency said in a statement.