WeedLife News Network

Recreational cannabis use is illegal in the majority of US states, but the relaxation of hemp and CBD sales has created a set of companies that could more easily grab cannabis product market share if it is legalized. Companies selling CBD products are establishing their brands among consumers, and acquiring shelf space and retail relationships. If recreational cannabis is legalized, those companies can enter that market more quickly than a business starting from scratch.

California's cannabis excise tax generated only $74.2 million in the second quarter of 2019, the state says, announcing numbers that are short of projections that were set months ago. It's the latest sign that the country's largest marijuana market has struggled to take off since sales of recreational pot became legal last year.

Will wine tasters be set off their cabernet sauvignon should Napa County decide to allow farmers to legally grow marijuana? Local vineyard industry leaders told the Napa County Board of Supervisors that they would at a meeting on Tuesday. In response, the board decided to send the issue of local pot grows to the county’s voters in next year’s March elections.

Niall Phelan, who co-founded craft brewer Rye River, has been appointed as chief operating officer of a Canadian brewer of cannabis beers that plans to begin selling its products in the Irish market early next year.

A group of Colorado researchers recently studied how cannabis use affects athletes, and found a possible role between the plant and pain management.

Scores of athletes have entered the cannabis space in recent years. A few notable names include former Heisman winner Ricky Williams, pro golfer Bubba Watson and NBA great Gary Payton.

Pancreatic cancer makes up just 3 percent of all cancers in America. But with a one-year survival rate of just 20 percent (and five-year survival rate of less than 8), it’s predicted to be the second leading cause of cancer-related death by 2020.

California’s black market for marijuana still rakes in more cash than the state’s legal cannabis industry, but a new analysis suggests the dynamic could flip within five years.

Arizona-based researcher Dr. Sue Sisley is spearheading an extraordinary lawsuit against the U.S. Drug Enforcement Administration (DEA), demanding that the agency stop dragging its feet on a years-old promise to end the federal government’s monopoly on growing cannabis for clinical research.

Starting next year, job seekers in New York City and Nevada will no longer have to worry about whether they’ll flunk a pre-employment drug test — and lose out on a job — because of that joint they smoked the week before.

After briefly faltering a year ago, California’s massive cannabis industry seems to be regaining steam.

Used in Europe for more than 3,200 years, hemp today represents an annual market opportunity of $1 bn (~€692m) for the continent, and over $3.7 bn globally in 2018.

Americans for Safe Access (ASA) aims the report at lawmakers each year, prodding them to make progress relative to their neighbors.

With new state rules on how to grow, sell and buy recreational marijuana poised to take effect in September and retail stores expected to open early next year, Maine cities are scrambling with how to handle the expected deluge of new businesses.

The American Bar Association (ABA) adopted a resolution on Monday that calls on Congress to allow states to set their own marijuana policies and recommends rescheduling or descheduling cannabis under federal law.

So you've got a big idea (genius, of course) but little money to play with. What's the first step? These scrappy entrepreneurs have some advice.