WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Early results show support for taxing Marijuana sales
Business & Finance
Local option sales taxes on recreational marijuana appear to have been favored during Montana’s midterm election.  Efforts to ban recreational sales had a more mixed response. Up to 10 Montana counties including Granite, Sheridan, Madison, Gallatin, Mineral, Sanders, Hill, Valley, Cascade and Flathead could approve new local taxes on recreational m
New Mexico sets record for Recreational Cannabis sales
Business & Finance
Recreational cannabis sales in New Mexico surpassed the $25 million mark for the first time in the month of October but medical sales continued a downward trend, leaving overall sales totals flat.  But medical sales continue to fall. According to figures posted on the state Cannabis Control Division’s website, total sales in October were $39,745,39
Top 7 Tips on how to start and boost a Marijuana Business
Business & Finance
The marijuana business seems like some kind of dense thicket where it is impossible to get through. You can know a lot more about any other business, but when it comes to cannabis… It would seem that this is your chance to stand out and create something new in a rapidly growing industry. However, once things get down to business, it can be easy to
Cannabis sales flying high In NM
Business & Finance
New Mexico broke another record for monthly sales of adult-use cannabis in October, when the 50th Albuquerque International Balloon Fiesta brought thousands of travelers to the state. Recreational sales stood at more than $25 million in October – a first since sales began in April, and the fourth straight month of record-breaking sales, according t
Why do local cannabis entrepreneurs find state processes difficult?
Business & Finance
Following the launch of the recreational cannabis marketplace in April, eight out-of-state entities have dominated the landscape, opening and operating all 20 dispensaries currently licensed to sell across New Jersey. However, Harmony Foundation in Secaucus is hoping to change that by becoming the first New Jersey-based, nonprofit medical dispensar
How much does Weed cost?
Business & Finance
Unlike products that are skyrocketing in price, cannabis is still illegal on a federal level, and therefore not regulated the same way.  The rise of inflation and increasing prices feels inescapable right now. From the grocery store to the news to politician’s speeches on the campaign trail, increased costs are currently embedded in everyone’s mind
Looks like New York pot shops will open soon!
Business & Finance
Here’s why some industry owners aren’t stoked. Cannabis regulators in New York have long mentioned year’s end as the time when legal dispensaries could be operational. New York State is edging closer to a functioning cannabis legal market. According to new reports, marijuana dispensary applications may be approved within by late November, fulfillin
Two Marijuana dispensaries in Arkansas under investigation over election/promo offers
Business & Finance
Two of Arkansas' medical marijuana dispensaries are under investigation after appearing to offer $10 in store credit to people who vote for Issue 4 in Tuesday's general election. The investigation involves Suite 443 in Hot Springs and High Bank Cannabis Co. in Pine Bluff. Issue 4 would legalize the use of recreational marijuana in Arkansas for adul
Sustainable Scotland: Cannabis crops could help Scottish farmers turn carbon neutral, report finds
Business & Finance
Growing cannabis crops could harvest huge economic benefits for Scotland’s farmers and achieve climate targets at the same time, new research has found. Industrial hemp is a type of cannabis grown specifically for industrial or medicinal purposes and can be used to make a wide range of products. It contains low levels of tetrahydrocannabinol (THC),
Medical Cannabis firms lead donors for legal weed campaigns
Business & Finance
Cannabis farms, manufacturers and retailers provided millions of dollars that footed a petition drive to put the proposal on the November ballot and promote it to voters. JEFFERSON CITY - The call went out from leaders in the medical marijuana industry: Money was needed for a Missouri ballot initiative to legalize recreational cannabis for adults.
Czech Republic on the way to legalizing Cannabis
Business & Finance
In the Czech Republic, hemp products like marijuana, hashish and cannabis oil have been available in pharmacies for years. Prague is now planning full legalization for 2023 and wants to coordinate the step with Berlin. Tourists in Prague may get the impression that the Czech capital is also the cannabis capital of Europe. From stickers to posters,
Amid layoffs and falling sales, Colorado’s Cannabis Industry grapples with an economic downturn
Business & Finance
For years, the cannabis industry flourished through a "green rush." Now, amid plummeting sales, Colorado's cannabis entrepreneurs are struggling as never before. Jonathan Spadafora knew things were bad when April 20, 2022, the high holy day of cannabis, failed to deliver the windfall Colorado’s marijuana retailers were used to. Across the state, di
Cannabis Industry Association calls for US hemp reforms
Business & Finance
The 2018 Farm Bill left the barn door open for dangerous and intoxicating forms of hemp says the the California Cannabis Industry Association (CCIA). The CCIA has released a white paper it says details the dangers associated with the growing number of increasingly intoxicating products currently being sold as “hemp” from a myriad of outlets, and ha
Up to 40 Cannabis consumption lounges coming to Nevada
Business & Finance
Up to 40 cannabis consumption lounges could be coming to Nevada as early next year. The Nevada Cannabis Compliance Board on Monday announced it had received 100 completed state licensing applications during a 10-day window earlier this month. Nonrefundable application fees had been set at $100,000 for dispensaries; $10,000 for independent applicant
Fire Chief concerned marijuana grow waste ending up in Keystone Lake
Business & Finance
PAWNEE COUNTY - Keith Buntin is the fire chief for the volunteer department at Station 58 in Pawnee County. He took pictures of what appears to be gloves, cans and other trash partially buried under mulch near Keystone Lake. He says he found the mess while responding to a fire a couple months ago. The Oklahoma Bureau of Narcotics confirms they are
The normalization of Cannabis
Business & Finance
In recent years, the cannabis industry has been booming. Research has created a new way to treat patients with debilitating health issues, like seizure disorders and chronic pain. Businesses have created marijuana-friendly spaces such as coffee shops, restaurants and lounges. Cannabis is becoming increasingly normalized in our society and the drug

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