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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Michigan Adult-Use, Medical Cannabis Sales Reach $3.6 Billion in 2023
Business & Finance
Michigan Adult-Use, Medical Cannabis Sales Reach $3.6 Billion in 2023 Image Cannabis NewsJanuary 23, 2024 As sales continue to rise, some advocates are expecting the industry to reduce its growth path. New data from the Cannabis Regulatory Agency (CRA) in Michigan revealed that the state collected more than $3.6 billion in adult-use sales last year
Cannabis consumption lounges will create ‘safe spaces’ to consume, business owners say
Business & Finance
Cannabis consumption lounges will create ‘safe spaces’ to consume, business owners say Image Cannabis NewsJanuary 23, 2024 Rules regulating lounges were approved last week. Alyza Brevard-Rodriguez hopes to host community events on the second floor of her soon-to-open cannabis dispensary, events like smoke-and-yoga sessions and comedy nights featuri
Florida To Vote On Marijuana Legalization On 2024 Ballot, DeSantis Suggests
Business & Finance
Florida To Vote On Marijuana Legalization On 2024 Ballot, DeSantis Suggests Image Cannabis NewsJanuary 23, 2024 Florida Governor Anticipates Supreme Court Approval for Adult-Use Marijuana Initiative, Setting Stage for 2024 Ballot. Florida Gov. Ron DeSantis has stated that the Supreme Court will approve the initiative for adult-use marijuana initiat
Check Out Seth Rogen And Evan Goldberg’s Latest Rolling Paper Collab
Business & Finance
Check Out Seth Rogen And Evan Goldberg’s Latest Rolling Paper Collab Image Cannabis NewsJanuary 23, 2024 Houseplant and OCB Announce Partnership: Premium Line of Rolling Papers and Cones to Debut on February 16. In an exclusive reveal ahead of its official announcement, Houseplant, the cannabis lifestyle brand co-founded by Seth Rogen, Evan Goldber
Former Google & Meta Engineers Built A Weed Distribution Network
Business & Finance
Former Google & Meta Engineers Built A Weed Distribution Network Image Cannabis NewsJanuary 23, 2024 The wide world of weed is a vast sea of small businesses, each with its own buyers, owners, and sales objectives. Enter Nabis, a massive weed distribution network and the largest distributor of cannabis in California. The weed tech darling is a powe
Arizona tried adding equity into Marijuana Licensing. Dispensary chains still took over
Business & Finance
Arizona tried adding equity into Marijuana Licensing. Dispensary chains still took over Image Cannabis NewsJanuary 22, 2024 Would-be partners have offered Abel Ochoa "crazy amounts of money" for the social equity marijuana license he and his cousin own. "I had somebody offer me $17 million," he said, laughing. "If I would've just took the money, li
Crumbling SPD Support Threatens Future of Germany’s CanG Bill
Business & Finance
Crumbling SPD Support Threatens Future of Germany’s CanG Bill Image Cannabis NewsJanuary 19, 2024 German Cannabis Act Faces Uncertainty as Support Wavers and Criticism Mounts. Germany’s Cannabis Act (CanG) is entering increasingly uncertain territory as support within the coalition’s largest party crumbles, and criticism of the bill begins to surfa
6 Lessons for Success in New York Cannabis
Business & Finance
6 Lessons for Success in New York Cannabis Image Cannabis NewsJanuary 19, 2024 Essential Advice for Those Looking to Enter the New York Cannabis Industry. Over the past week I’ve received many calls from in- and out-of-state residents looking to enter the New York cannabis industry. Some have applied for licenses and are stuck in processing hell, a
Will Virginia lawmakers legalize retail Marijuana sales this year?
Business & Finance
Will Virginia lawmakers legalize retail Marijuana sales this year? Image Cannabis NewsJanuary 18, 2024 Dustin Weekley has a wide variety of CBD products on the shelves at Bountifuel Utopia in Norfolk, but there's one thing not on the shelves — actual marijuana. "There would definitely be a market for it," he told News 3 earlier this month. Despite
Canopy Growth Raises $35M Selling Units
Business & Finance
Canopy Growth Raises $35M Selling Units Image Cannabis NewsJanuary 18, 2024 Canopy Growth Announces US$35 Million Private Placement Offering. Canopy Growth Corporation, today announced that it has entered into subscription agreements (the “Subscription Agreements”), dated as of January 18, 2024, with certain institutional investors (the “Investors”
New Cannabis Dispensary 'NOXX Cannabis' Opens in East Peoria
Business & Finance
New Cannabis Dispensary 'NOXX Cannabis' Opens in East Peoria Image Cannabis NewsJanuary 18, 2024 Now Open, NOXX Cannabis Offers 25% Off the Entire Store as it Prepares for its Grand Opening Celebration. The newest cannabis dispensary in East Peoria, NOXX Cannabis is now open and serving recreational marijuana customers. Located at 300 S Main St, th
DeWine looks to keep ‘intoxicating Hemp’ away from children
Business & Finance
DeWine looks to keep ‘intoxicating Hemp’ away from children Image Cannabis NewsJanuary 18, 2024 Delta-8 THC is a compound that can be found hemp. When concentrated or manipulated, it can give people a high when consumed, just like marijuana. “Well, Delta-8 has gotten a lot easier to get now,” said Gary Wenk, a professor of behavioral science at Ohi
Colorado Springs Marijuana dispensaries closing after failure of recreational sales question
Business & Finance
Colorado Springs Marijuana dispensaries closing after failure of recreational sales question Image Cannabis NewsJanuary 18, 2024 Dispensaries Closing in Colorado Springs After Voters Reject Legalization. Since voters declined to legalize recreational marijuana sales in Colorado Springs in November 2022, dispensaries in town have started to close as
Should Oregon put limits on Marijuana producers?
Business & Finance
Should Oregon put limits on Marijuana producers? Image Cannabis NewsJanuary 18, 2024 Marijuana producers want the state of Oregon to step in and limit the number of marijuana producers. They say there’s more farms, processors and sellers than Oregon needs at more than 3,000 licenses. It creates a glut of pot. It makes it challenging for businesses
Cannabis company files appeal with the Alabama Supreme Court
Business & Finance
Cannabis company files appeal with the Alabama Supreme Court Image Cannabis NewsJanuary 18, 2024 A company awarded an integrated license has asked the Alabama Supreme Court to toss out a restraining order. The fight over Alabama medical cannabis licenses is headed to the state’s supreme court. Trulieve AL, Inc., on Wednesday, filed notice of an app
FDA Review Finds Marijuana Eligible For Less Strict Classification
Business & Finance
FDA Review Finds Marijuana Eligible For Less Strict Classification Image Cannabis NewsJanuary 18, 2024 Federal Review Finds Marijuana Eligible for Less Strict Classification Under Drug Laws. A federal review of cannabis research has determined that marijuana is eligible for less strict classification under federal drug laws, according to documents

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