WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Are These Marijuana Stocks Now Long-Term Investments? Which marijuana stocks will people invest in this week?. As New Jersey and New York start the sale of legal cannabis will the sector see some upward momentum? Some feel there is a chance on that day some marijuana stocks with businesses in the state could possibly see better trading. Mainly MS
Although United States (US) cannabis companies have been under pressure so far this year, we believe the market is in the early innings of hyper-growth cycle and are of the opinion that many operators (large and small) are undervalued. (Click here for article) Since 2020, several states have legalized recreational cannabis and we have been impresse
Recreational marijuana is said to bring in millions of revenue for the state, but that does not mean every business will benefit from the new industry. According to the state of New Mexico, the industry will bring in $50 million in state revenue. State leaders say that it will be used for state programs such as housing, food insecurity, and econo
Ohio medical marijuana regulators want to double the number of dispensary licenses in the state to satisfy patient demand, which has been much higher than anticipated since the program became operational. Currently, there are 58 dispensaries throughout Ohio. Ohio Board of Pharmacy staff are working on adding 73 new dispensary licenses, said Justin
The House passed the MORE Act -- but marijuana is still far from legal. What happened Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open. Since the Marijuana Opportunity, Rei
Three cultivation experts fill us in on what they are excited about as we enter the outdoor planting season. Original link
The Lod-based company Panaxia reported increased revenues from the Israeli market for its sales of medical cannabis in 2021. The Israeli cannabis company Panaxia released its earnings for 2021 Tuesday. Panaxia, which is based in the mixed Arab-Jewish city of Lod, said its net Israeli revenues increased 38% to $83.6 million, according to a press re
Op-ed: Paul Lewin explores how Delta-8 THC, a cannabinoid that is currently legal across the U.S., is impacting the legal market and the push for federal cannabis reform Delta-8 THC is a cannabinoid considered similar to delta-9 THC — the compound typically referred to as THC — as both produce psychoactive effects, but in actuality, delta-8 is only
The cannabis business is booming in New Mexico, also known as the Land of Enchantment, with adult-use sales reaching $3,092,712 in the first weekend. Three days and millions of dollars later, the New Mexico adult-use cannabis industry is off to a roaring start. Local television station KOAT reports that, as of noon on Sunday, recreational pot sales
With lower prices, CBD can become a true alternative to Big Pharma, and cannabis can become a plant for the people. The last two years haven’t been great for the CBD industry. The pandemic cratered in-store sales of CBD. Meanwhile, by choosing not to regulate CBD, the FDA left it in a legal gray area, limiting where it can be sold. If you need evid
Dan Ahrens specializes in portfolio management of highly regulated areas including cannabis and other vice-related investments. He is portfolio manager of the AdvisorShares Pure US Cannabis ETF (MSOS), the largest publicly traded cannabis fund. Dan is also the author of Investing in Cannabis: The Next Great Investment Opportunity. Russ Prince: Wh
Nevada’s alcohol tax collections dropped during the pandemic, though tax officials attributed that more to a lack of wholesale purchases from casinos or bars than from any surge in teetotalers. Even with the COVID pandemic waning, state tax officials told legislators this month that Nevadans have made what appear to be some permanent shifts in how
Acquisition combines premier California brand with 4Front's state-of-the-art Commerce, California manufacturing facility 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced it has signed a definitive merger agreement on March 30, 2022 (t
Since the implementation of recreational marijuana dispensaries after legalization, the industry has spread its roots in the Mile High City and is taking the next step. Last year, Denver overhauled its marijuana regulations to include licenses for delivery and hospitality. As a result, you can now have marijuana delivered to your home, and some b
As the cannabis industry continues to grow, so does the competition. Businesses are popping up left and right, all vying for a piece of the pie. While this can be daunting, it doesn’t have to be. There are some simple things you can do to ensure success as a cannabis business. A few examples include selecting the right product, knowing your audienc
In two short days, dispensaries across Las Cruces and Doña Ana County will make history as recreational marijuana sales start in New Mexico. The tax revenue from marijuana will certainly diversify New Mexico's economy but by how much? "We will be better positioned than other states to capture the market," said Kelly O'Donnell, a northern New Mexico
