WeedLife News Network

Virtually every business needs access to banking services, including a bank account to put money in, checks and debit cards, and other services that banks offer. Unfortunately, members of the cannabis industry are often locked out of receiving banking services because of cannabis’ legal status in many countries. Nowhere is that on greater display t

One of the only bright spots in 2020 was the emerging cannabis industry. Whereas the ongoing global pandemic has negatively impacted virtually every other industry on earth, the legal international cannabis industry has powered forward. According to data firm BDSA, spending on the legal cannabis industry is expected to top $20 billion in 2020, up f

More states are legalizing medical marijuana with each passing year. That may make you wonder whether Medicare will cover the cost of medical marijuana in your state. Federally, cannabis (another name for marijuana) remains a controlled substance. It’s illegal to possess or use the drug under federal law. However, individual states have passed laws

On March 17, the United States Department of Agriculture National Institute of Food and Agriculture (NIFA) announced that it has invested over $8.5 million in funding for 29 research and extension grants.  "These grants are part of NIFA's Agriculture and Food Research Initiative and include some projects co-funded by commodity boards through a Farm

Two Maine legislators are coming to the defense of Maine’s medical marijuana program with a bill that would place a moratorium on a set of proposed regulations and require greater input from the industry before any further rule changes are implemented.  Co-sponsored by Rep. Lynne Williams, D-Bar Harbor, and Senate President Troy Jackson, D-Allagash

Will New York Go Legal Next Week The cannabis industry is one of the fastest-growing sectors across the world. Especially in the United States with more states looking to legal in 2021. Recent data reported that the total sales in the U.S. reached a record-breaking $17.5 billion between the medical and recreational market. Right now there is a grea

Two years ago, the Michigan Department of Agriculture and Rural Development (MDARD) established the state’s first Industrial Hemp Ag Pilot Program so farmers, processors, and colleges and universities could grow, handle, process, and research industrial hemp. The program continued into the 2020 growing season, with 631 growers and 517 processor-han

A new cannabis bill, House Bill 150, just advanced out of a Delaware House committee and is headed to a full vote on the House floor. If this bill passes, it will mean legal cannabis is on the way for Delaware.  The House Health & Human Development Committee approved the bill this week after hours of discussions, and now, it is headed to a full vot

It’s great to see increasing attention being paid to the potential for using hemp waste as livestock feed. The U.S. Department of Agriculture’s National Institute of Food and Agriculture (NIFA) recently awarded nearly $300,000 to Oregon State University to fund research into feeding spent hemp biomass to cattle. The research aims to see the safe us

Since Delta-10 THC is a specific form of THC, you can expect that consuming this variant of THC will give you some psychoactive high. But not as much as other strains. Sure, you’ve heard of other cannabinoids and compounds that are quickly gaining popularity these days. But what about Delta-10 THC? The spotlight isn’t on just THC and CBD anymore, f

CBD bioavailability measures how well and how quickly your body absorbs a substance. But many oral CBD products —like capsules, gummies, or oils you add to your morning coffee or mix into a smoothie—are notorious for having low or unpredictable bioavailability. That's because CBD is an oily substance: Our bodies are around 60 percent water, and oil

Australia’s leading pain advisory body has a recommendation for doctors in the country: Don’t use medicinal cannabis to treat chronic pain. According to the Sydney Morning Herald, despite the approval of the 100,000th cannabinoid script in the country, the Faculty of Pain Medicine at the Australian and New Zealand College of Anaesthetists (ANZCA) i

Unfortunately, the results of the latest study do not bode well for the immediate future of cannabis medicine. Cannabis advocates have been screeching and screaming for the past decade about how marijuana is more effective in taming post-traumatic stress disorder (PTSD) than any other drug known to man. But, a long-awaited, FDA-approved study dedic

While it could take several months or more than a year for marijuana and cannabis businesses to hit the ground running on sales of the product, there’s another challenge facing the industry that will take federal legislation to resolve. Working with a bank remains one of the challenges for the industry. Original link

Residents voted 51-37 in favor of allowing cannabis retail sales in town.  Vermont is set to begin to allow recreational cannabis sales next year. The Select Board warned Wednesday's vote to see if the community would want to host the retailers and "integrated licensees," which covers growing packaging, distribution and lab work. “I feel like this

Department of Agriculture officials said that 323 farmers have applied for permits to be able to grow hemp in South Carolina. Last year, 265 farmers grew the crop. It was first legalized in 2018 and grown by 20 people that year. Hemp is considered to be one of the biggest trends in the farming world with research firms estimating it to be a $20 bil