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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Moodedibles is bringing hemp-based bites directly to your neighborhood
Business & Finance
If you’re looking for more than a sugar rush from a baked good, Holly Teegarden’s business might be your new favorite sweet spot. She runs Moodedibles, an online bakery specializing in hemp-derived edibles that will soon be popping up around Pittsburgh. Inside a small commissary kitchen in Sewickley, the treats are made with CBD, Delta-8 THC and ot
How much did New Jerseyans spend on first day of cannabis sales? Yes, there was enough weed for everyone
Business & Finance
Last week New Jersey kicked off long-awaited recreational cannabis sales. On the first day of sales, April 21, over 12,000 customers spent nearly $2 million for cannabis, according to NJ's Cannabis Regulatory Commission (CRC). (Benzinga) Some worried about the availability of cannabis for both the recreational and medical markets, but there was ple
'Copycat' cannabis edibles draw ire of big food companies
Business & Finance
Packaging that mirrors major brands called 'unscrupulous' and potentially dangerous for children.  At first glance, there is little indication the snack-size bag of Trix is meant to get a user stoned. Every detail of the packaging has been copied from General Mills' cereal, and the company's logo even adorns the corner. But the cannabis edible rece
Investments in hemp industry highlighted at summit
Business & Finance
The 2022 Pennsylvania Hemp Summit ran Tuesday and Wednesday in Lancaster, featuring nearly 100 hemp growers and entrepreneurs. Industrial hemp is grown for fiber and seed. It is a different variety of the plant that produces marijuana and became regulated with marijuana in the 1950s and 1960s. Industrial hemp must maintain a concentration of the ps
Hemp eggs: Kreider Farms introduces An egg-centric idea
Business & Finance
    The concept made its first trip through a Kreider Farms brainstorming session about six years ago. Hemp products were only an exciting idea then. Not yet a legal possibility. Eggs were a natural starting point for Kreider, which was already producing a wide range of organic and brown options. That led to a question. “Why not throw some hemp in
Nearly $1.9 million in cannabis, related products sold in NJ on 1st day of legal sales
Business & Finance
The Garden State raked in the green during the state’s first day of recreational marijuana sales. More than 12,000 people headed to dispensaries and bought nearly $1.9 million worth of cannabis and cannabis products, according to the New Jersey Cannabis Regulatory Commission. In the days since sales started on Thursday, lines have been steady at di
Newly licensed Western New York marijuana growers anxious to be on forefront of state's cannabis market
Business & Finance
    Kerry Trammel and Michael Yager are excited to be at the forefront of New York's recreational cannabis industry. But they're also nervous, since the market hasn't been established yet and they're not sure exactly what to expect.  Trammel, owner of The Releaf Market in Jamestown, and Yager, one of the owners of Yager Farms in Eden, are among the
Report: IL marijuana sales fall short of projections
Business & Finance
Illinois could have realized an additional $600 million in revenue from recreational marijuana sales, according to an analysis by the Illinois Policy Institute. The group said it found a complicated tax system and restrictive licensing has cut into the state's revenue stream. In 2021, Illinois took in $317 million from cannabis taxes despite the de
Arizona collects more cannabis than liquor taxes, poll finds one-third Americans prefer weed over booze
Business & Finance
In March, Arizona generated more tax revenue from legal marijuana than from tobacco and alcohol, reported Marijuana Moment. (Article Originally Appeared on: Benzinga) The state receives Marijuana Tax revenues from three different sources: 1) the 16% Recreational Marijuana Excise Tax; 2) Sales Tax applied to Recreational Marijuana purchases; and 3)
Billings lowers minimum age to own or work for marijuana businesses to 18
Business & Finance
  On Monday night, the Billings City Council brought its marijuana laws in line with state marijuana laws and lowered the age a person can work for or own a marijuana business from 21 to 18. The city has the right to establish an age requirement for marijuana business license holders and their employees, but voted 8-3 to lower the minimum age to 18
NY weighs giving pizza joints, other eateries OK to sell cannabis-infused food
Business & Finance
This could give new meaning to Big Apple pizza joints. New York State officials are weighing whether to allow pizzerias and other eateries to sell fresh cannabis-infused grub and packaged pot edibles, The Post has learned. Aaron Ghitelman, a spokesman for the state Office of Cannabis Management, confirmed there have been discussions about awarding
Curaleaf expands product offerings with launch of BlueKudu chocolates in Florida
Business & Finance
BlueKudu's artisanal infused chocolates will be available at all 45 Curaleaf locations statewide Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, today announced the launch of BlueKudu infused chocolates at all 45 Curaleaf locations in Florida. Acquir
New York's marijuana rollout inches along as New Jersey starts sales
Business & Finance
  Regulators' plan for a cannabis market that benefits communities that suffered from criminalization is taking longer to set up Moke Mokotoff, the 72-year-old behind a Columbia County hemp farm newly licensed to grow marijuana for recreational use this summer, is hurriedly preparing to cultivate for New York's first legal recreational sales next w
Bedmaker becomes the UK’s largest hemp grower
Business & Finance
Fifth-generation family bedmaker Harrison Spinks has confirmed its expansion into new North Yorkshire farmland to support its growth and sustainability plans, which will increase the company’s hemp production. The new Ryther-based farmland spans 80 acres and will be used to increase the company’s production of industrial hemp. The increase in hemp
Delta 9 Cannabis Inc. short interest down 25.0% in March
Business & Finance
Delta 9 Cannabis Inc. was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 1,500 shares, a drop of 25.0% from the March 15th total of 2,000 shares. Based on an average trading volume of 24,700 shares, the days-to-cover ratio is presently 0.1 days. Shares of DLTNF traded dow
Crypto tokens give cannabis fund a shortcut to raising capital
Business & Finance
Since cannabis remains illegal in much of the world, raising investment can be tricky. This week, guest writer Ken Parks takes a look at how one Luxembourg-based company with operations in Latin America is looking at a new method to solve this problem.  Using blockchain in a quest for growth A fund that invests in Latin American cannabis companies

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