WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
California cannabis department proposes new regulatory changes
Business & Finance
The California Department of Cannabis Control is proposing a variety of new changes to “streamline and simplify” the state’s cannabis industry. The California Department of Cannabis Control (DCC) announced on March 4 that it was releasing a list of changes to the state’s regulations on cannabis. According to a press release, these changes intend to
Cannabis car is no more, but it sure had a high ride for a time
Business & Finance
Inventor of the Renew Sports Car says he was “about seven years ahead of [his] time." The cannabis car may never have hit the road officially, but its approach to reducing the carbon footprint still holds promise. Created in 2015, the Renew Sports Car often referred to as the hemp car, featured “a carbon negative, hemp fiber body which was up to 46
France enters the medical cannabis industry
Business & Finance
France tiptoes into the medical cannabis industry, but legalization needs to be implemented. The French government issued a decree last month that authorizes the cultivation of medical cannabis and the development of its industry. Although the decree entered into force on March 1, 2022, regulators need to implement it. The legislation only specifie
Want to work in weed? Here are the women in cannabis study’s most compelling findings
Business & Finance
As the legal cannabis industry grows, the rate at which women are entering the industry is now declining. Women held 37% of executive-level roles in 2017, when Marijuana Business Daily released “Women & Minorities in the Marijuana Industry.” Today, the percentage of women holding those top positions has dropped to 22%. That's despite the findings i
Pet CBD sales are on the rise
Business & Finance
Our furry friends have been sleeping better, relaxing more, and are slightly less anxious about our arrival home from work — at least that’s the promise from skyrocketing sales for cannabidiol (CBD) pet products. As the cannabis industry flourishes in Arizona, pet owners are turning to CBD as a viable alternative medicine for their pet’s ailments.
International weed sales projected to reach $35 billion in 2022
Business & Finance
The cannabis industry data experts at BDSA Analytics have released a global cannabis sales forecast today that projects the international weed market will sell $35 billion in 2022. It’s a 22% increase over the global sales in 2021, which topped off at $29 billion. The compound annual growth rate of the cannabis industry sits at a whopping 15% year-
What's required to start a recreational cannabis business in New Mexico?
Business & Finance
  Retail recreational cannabis businesses can open as early as April 1 in New Mexico. However, there are a host of challenges and steps for business owners to consider before opening a recreational dispensary.  This includes zoning laws, application and permit fees, a security plan and more which may vary on a state and local level. Rules and laws
Medicinal cannabis flower sales begin in Minnesota
Business & Finance
Minnesota residents can now purchase medical cannabis, making products more affordable for patients who need access. Sales of medicinal cannabis flower began in Minnesota on Monday, giving the state’s medical marijuana patients a new and more affordable option to access their medicine of choice. The Minnesota Department of Health announced in Febru
What inflation? Cannabis actually costs less these days
Business & Finance
The grocery run, the fuel-up and the utility bill are all costing more these days — not to mention the surging home prices and rising rents. But a trip to the neighborhood dispensary might not elicit similar feelings of sticker shock. Original link
Cannabis industry at a tipping point waiting for regulations
Business & Finance
The world is waking up to the blooming cannabis market and it’s time to elevate this industry, says Eric Benz, a contributor to CannaDAO, which is creating a blockchain-based platform for the cannabis industry. Cannabis is one of the fastest-growing industries globally, with governments across the world taking steps toward legalization and investor
Welcome to the Crypto Cannabis Club
Business & Finance
Crypto Cannabis Club is taking weed-themed NFTs to the next level, and it all started with bonding over weed and currency. Crypto Cannabis Club is a home for fans of cannabis and NFTs from all over the globe. In a short span of six months, the club has already amassed over 10,000 members, spending their days swapping stories, selling cannabis plant
California bill would protect cannabis users from employment discrimination
Business & Finance
A new bill in California hopes to end discrimination against those who use cannabis outside of the workplace. California employers would be barred from discriminating against employees for cannabis use while off the job under legislation introduced last week. The measure, AB 2188, was introduced in the California Assembly by Democratic Assembly Mem
US cannabis market soared in 2021, but was dragged down by New York
Business & Finance
The US cannabis industry added more than 100,000 jobs last year, and the economic lift will only continue if states like New York get recreational programs off the ground, experts say. Americans spent nearly $25 billion on cannabis products in 2021, as the budding industry expanded by about 33 percent, adding more than 107,000 new jobs, according t
Why commercial real estate investors are setting their sights on cannabis
Business & Finance
As cannabis and hemp legislation expands and the “green wave” momentum continues throughout the U.S., investors are beginning to set their sights on cannabis-related assets. Real estate in particular is becoming a popular asset class for investors as states begin seeking ways to increase tax income through lifting restrictions on cannabis and hemp
Cannabis business school helps BIPOC Nevadans entering industry
Business & Finance
In just a few months, Clark County will begin accepting business applications for cannabis lounges. Now a first-of-its-kind program aims to propel people of color into positions of power in the marijuana industry. It's called the Pathway to Ownership program, and the 17-week course aims to address the gap between the growth of the cannabis industry
Businesses hope to be processing South Dakota hemp later this year
Business & Finance
Last summer, about 10 people and 1,600 tons or so of harvest spearheaded the inaugural season of legal hemp farming in South Dakota. Tuesday, almost twice as many farmers showed up at 9 a.m. to a fluorescent-lit, steel-chaired meeting at an American Legion in Tea to learn about the new crop. John Peterson, of Dakota Hemp, is a fifth-generation farm

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