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

Trulieve, Green Thumb, Verano stocks rise on stronger-than-expected Cannabis revenue

Trulieve, Green Thumb, Verano stocks rise on stronger-than-expected Cannabis revenue

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Cannabis NewsMarch 1, 2024

Trulieve posts narrower loss while Green Thumb draws analyst praise as ‘best in class’. Trulieve Cannabis Corp., Green Thumb Industries Inc. and Verano Holdings Corp. all topped revenue estimates for the fourth quarter, as the cannabis companies opened new stores and more states rolled out medical

Cannabis Technology News

Florida GOP’s Effort To Cap THC Goes Up in Smoke

Florida GOP’s Effort To Cap THC Goes Up in Smoke

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Cannabis NewsFebruary 29, 2024

It’s back to the drawing board for Florida lawmakers trying to put a cap on THC potency. A Republican-backed proposal in Florida to impose limits on THC potency in marijuana appears to have flamed out in the state’s legislative session. GOP lawmakers there introduced two measures –– House Bill 1269

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Governor Hochul to call on social media giants to crack down on illegal Marijuana shops

Governor Hochul to call on social media giants to crack down on illegal Marijuana shops

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Cannabis NewsFebruary 28, 2024

Governor Kathy Hochul is planning to call out major social media platforms, accusing them of promoting illegal marijuana shops in New York. It's a problem the state and city have struggled to combat. The governor is expected to call on tech giants such as Meta and Google to stop the promotion of

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Cannabis companies finally eligible for pre-approved credit cards

Cannabis companies finally eligible for pre-approved credit cards

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Cannabis NewsFebruary 27, 2024

Big banks still treat cannabis-sector entrepreneurs differently than counterparts in other sectors. Big banks still treat cannabis-sector entrepreneurs differently than counterparts in other sectors, but the ability to conduct banking is slowly getting better. Community Savings Credit Union today

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Major Cannabis Testing Lab License Revoked Over Testing Inconsistencies

Major Cannabis Testing Lab License Revoked Over Testing Inconsistencies

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Cannabis NewsFebruary 26, 2024

A major cannabis testing lab in Mississippi has been shut down by the state’s regulator after toxins were discovered in samples it had cleared. Last week, the Mississippi State Department of Health (MSDH) revoked the license of Rapid Analytics, one of the state’s three medical cannabis testing labs

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Greenville CBD retailers are clearing shelves amid crackdown on hemp products with THC

Greenville CBD retailers are clearing shelves amid crackdown on hemp products with THC

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Cannabis NewsFebruary 23, 2024

Greenville County Crackdown on CBD Products Raises Concerns Among Business Owners. Owners of CBD businesses are looking over their shoulders after a Greenville County law enforcement initiative to crack down on hemp products was announced in early February. During a Feb. 7 press conference at the

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Safety concerns as Ohio's Cannabis market develops

Safety concerns as Ohio's Cannabis market develops

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Cannabis NewsFebruary 23, 2024

There's encouraging news for adults who voted to legalize weed in Ohio. But that's countered by new numbers showing how many young people are eating THC-infused gummies before they're readily available at dispensaries. First, when it comes to legal pot for adults, Ohio's Division of Cannabis Control

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FDA Moves Ahead With MMJ Cannabis Drug Application

FDA Moves Ahead With MMJ Cannabis Drug Application

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Cannabis NewsFebruary 23, 2024

MMJ International Holdings Develops Botanical Extract for FDA Clinical Trials in Multiple Sclerosis and Huntington's Disease. MMJ International Holdings has manufactured a botanical extract in a final dose form gel cap and will investigate its novel cannabis medicine in FDA clinical trials to prove

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'Broken system': Banned pesticides keep showing up in California's legal pot

'Broken system': Banned pesticides keep showing up in California's legal pot

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Cannabis NewsFebruary 22, 2024

Banned pesticides keep showing up in California’s legal weed products. Legalization was supposed to solve this problem. When California’s voters legalized pot in 2016, they voted for an initiative that specifically called on the state to regulate pesticides in cannabis products. However, an SFGATE

Cannabis Technology News

"Gifting" shops hurt D.C. patient count as legal transition begins

"Gifting" shops hurt D.C. patient count as legal transition begins

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Cannabis NewsFebruary 22, 2024

Patient enrollment and renewal counts have dwindled after "gifting" shops proliferated. The medical cannabis industry in Washington D.C. is grappling with a deepening downturn as patient count dwindles and quasi-legal “gifting” shops begin to go legit. According to the latest data from the Alcoholic

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Agrify secures deal with Denver Cole for Cannabis lab equipment

Agrify secures deal with Denver Cole for Cannabis lab equipment

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Cannabis NewsFebruary 20, 2024

Agrify Corporation Partners with Denver Cole Labs to Enhance Cannabis Extraction Capabilities. Agrify Corporation (NASDAQ:AGFY), a provider of advanced cultivation and extraction solutions for the cannabis industry, has announced a significant agreement with Denver Cole Labs, a New Jersey-based

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Cannabis May Be Effective Harm Reduction Tool To Ease Stimulant Cravings

Cannabis May Be Effective Harm Reduction Tool To Ease Stimulant Cravings

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Cannabis NewsFebruary 20, 2024

Gateway or a way out? Despite the skewed messaging of the past suggesting that cannabis is a gateway drug or will lead to the use and abuse of more addictive and harmful substances, many today understand that cannabis may be utilized as a harm reduction tool. Whether its individuals looking to

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Can Triploid Genetics Be The Game Changer For The Cannabis Industry?

Can Triploid Genetics Be The Game Changer For The Cannabis Industry?

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Cannabis NewsFebruary 15, 2024

I cover the cannabis industry with a focus on Europe. The cultivation of triploid genetics could be the game changer for the cannabis industry, as it promises to deliver higher THC levels, larger yields, faster growth, and seedless flowers. The application of triploids is not a new concept in

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New Forensic Methods to Accurately Determine THC in Seized Cannabis

New Forensic Methods to Accurately Determine THC in Seized Cannabis

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Cannabis NewsFebruary 13, 2024

NIJ-funded researchers address the need for simple, cost-effective ways to differentiate hemp from marijuana. The Controlled Substance Act of 1970 classified the plant cannabis, which was historically classified as either marijuana or hemp, as an illegal drug, a Schedule I controlled substance with

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Mike Tyson Launches New Line Of Cannabis Seeds For Home Growers

Mike Tyson Launches New Line Of Cannabis Seeds For Home Growers

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Cannabis NewsFebruary 13, 2024

Mike Tyson Unveils New Line of Cannabis Seeds in Collaboration with Royal Queen Seeds. Former heavyweight boxing champion and legal weed entrepreneur Mike Tyson on Tuesday unveiled a new line of cannabis seeds that is now available to home growers through a collaboration with the famed pot seed bank

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Two New Legal Cannabis Dispensaries Approved in New York’s Upper East Side

Two New Legal Cannabis Dispensaries Approved in New York’s Upper East Side

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Cannabis NewsFebruary 12, 2024

Two more New York cannabis dispensaries have been granted the green light to open their doors as the state continues its battle against illicit stores. Green Health LLC’s owner Anthony Melchior and Buffalo-based small business owner Deanna Brooks, who have both previously been granted licences to

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Hemp-Derived Intoxicants Need Better Cannabis Law Guardrails

Hemp-Derived Intoxicants Need Better Cannabis Law Guardrails

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Cannabis NewsFebruary 12, 2024

Addressing the Regulatory Gap: Hemp-Derived Intoxicants Require Attention, Not Marijuana. Hemp-derived consumable products share an important trait with the state-regulated marijuana industry—both manufacture intoxicating substances that are derived from the cannabis plant. This is why it’s

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Facing the Dirty Truths of Cannabis Packaging

Facing the Dirty Truths of Cannabis Packaging

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Cannabis NewsFebruary 12, 2024

Mission Compostable: Revolutionizing Cannabis Packaging with Sustainable Solutions. Since adult-use legalization came to California in 2016, a constant irritation is the sheer volume of single-use packaging generated under the premise that cannabis is so dangerous it must be sealed in childproof

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TOP 11 Potential Health Benefits of Cannabis

TOP 11 Potential Health Benefits of Cannabis

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Cannabis NewsFebruary 7, 2024

The use of cannabis (also known as marijuana) has sparked debates and controversies for a long time. On the other hand, recent scientific studies have also highlighted the health benefits it may offer. In this blog, we will delve into the eleven health benefits of cannabis. However, it’s important

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Curing pets with Cannabis as Veterinarians try CBD and THC

Curing pets with Cannabis as Veterinarians try CBD and THC

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Cannabis NewsFebruary 6, 2024

Mammals With the Munchies: Curing Animals With Cannabis. Like many captive elephants, Nidia suffered from chronic foot problems. Fissures had formed in the 55-year-old Asian elephant’s foot pads, and her toenails had cracked and become ingrown. Painful abscesses lingered for months. Nidia had lost

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