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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Since the passage of the Farm Bill in 2018, hemp-derived CBD has opened doors to countless opportunities for businesses, farmers, and consumers alike. But as states across the country continue to capitalize on the tremendous economic growth that the emerging crop offers, California remains at a competitive disadvantage during a time when economic r
In the U.S. economy, top tier financial analysts including JP Morgan and lesser-known but equally reputable industry analysts, such as Gartner and Forrester, play a powerful role in the creation, definition, and analysis of various markets. Original link
In the U.S. economy, top tier financial analysts including JP Morgan and lesser-known but equally reputable industry analysts, such as Gartner and Forrester, play a powerful role in the creation, definition, and analysis of various markets. Original link
California’s legal cannabis industry, not yet 4 years old, yearns for the same system of tying plants to the soil perfected by the French over centuries and a key to the marketing success of the state’s premium wine grape growers. Tended for decades in legal darkness before voters ended the prohibition on cannabis in 2016, the intoxicating crop fro
Cannabis cultivators in Michigan have amassed the licenses necessary to grow more than half a million plants, leading to a surge in legal marijuana sales even as prices drop in the state. As of July 13, medical marijuana and adult-use cannabis cultivators were licensed to grow 511,500 plants, according to media reports of data released by the stat
One of the many ongoing dilemmas that young entrepreneurs with a new business face is acquiring the startup capital to make an impact in their respective industries. Cannabis is no different. We’ve seen many dominant industry players fall to the mercy of its investors and advisory boards. Bootstrapping your way to success can certainly take longer,
Six months in, the supply concerns continue for adult-use cannabis sales at Nature’s Treatment of Illinois in Milan. While some of it is an understandable growing pain of a state wading into recreational sales, Matt Stern, CEO and NTI’s owner, continues to point to the way the state set up its industry. Major cannabis companies such as Green Thumb
The General Assembly recently passed a bill to help police enforce marijuana laws without hindering the state’s young hemp farming industry. But prosecutors and police say it won’t change how they handle suspected marijuana cases. Original link
Cannabis was already a challenging marketplace driven by regulatory requirements and gray areas on both the federal and state level. Then the pandemic hit in 2020, upending PR and marketing planning for businesses large and small. All the PR efforts that may have been effective last year or even at the beginning of this year have very likely stoppe
How Can These Two Pot Stocks Prove Their Stability to Investors? Original link
Since the inception of Cannabis & Tech Today, we’ve spoken with industry-leading female entrepreneurs to discover their secrets for success. In this exclusive panel, they share their concerns, their advice, and their experiences as some of the first women to pioneer the space. What’s one of the biggest issues you would fix in the cannabis industry?
Accountability is a long-term goal for industries that are intrinsically tied to racial justice. Cannabis is one of those industries. While it seems the news cycle has possibly shifted its focus from the Black Lives Matter movement to other issues, righting systematic wrongs is still an important ongoing responsibility for entrepreneurs within the
Growth opportunities remain in cannabis, but it requires creativity, enterprise and knowledge, according to top investors. Take this for an investing conundrum: Where do you put your money in an industry with enormous upside but where many companies don’t yet make profits? An industry where some states consider it “essential business” but the count
Part of building a returning customer base is investing in a company brand; however, dispensaries in legal markets across are regulated differently state-by-state, limiting the options for traditional marketing, such as radio or TV ads, billboards, distribution of brochures in public spaces, and more. In many states, retailers are permitted to sell
A Detailed Look at Cannabis Sales in Illinois, Maryland and Massachussetts We are pleased to share with our readers overviews on three Eastern cannabis markets compiled by BDSA for the month of April. BDSA offers a full understanding of the evolving cannabis market though several offerings, including its GreenEdge Retail Sales Tracking, Consumer In
As Arkansas’ medical marijuana industry blossoms, with the state issuing more licenses for cultivation centers and dispensaries to serve more than 60,000 authorized Arkansas patients, cultivators are pushing back against a narrative that short wholesale supplies have kept prices too high for some patients to buy. “The argument for issuing additiona
