WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
State faces pushback from Missouri Marijuana industry over product recall Image Cannabis NewsAugust 16, 2023 A company is accused of bringing illegal marijuana product into the Missouri market and obstructing the state’s investigation by staging a robbery at its facility. Twice this summer, Andrew Mullins emailed state marijuana regulators to make
Large Cannabis ETF to close as investors lose interest in Marijuana industry Image Cannabis NewsAugust 16, 2023 A leading exchange-traded fund in the cannabis space will close up shop as investor interest in the legally restricted industry wanes. AdvisorShares, the largest cannabis fund manager, said its Poseidon Dynamic Cannabis ETF will see its f
Oregon Governor rejects Cannabis banking bill Image Cannabis NewsAugust 15, 2023 The bill would have created a task force to investigate the pros and cons of a public bank to serve cannabis businesses. Oregon Gov. Tina Kotek recently rejected a bill that would have created a State Public Bank Task Force. The 19-person team would have studied the pr
Vermont Hemp farmers say the state failed to support them Image Cannabis NewsAugust 14, 2023 'Fool's errand for most': Why Vermont hemp farmers label state program 'complete failure'. HARDWICK ― Once upon a time − in 2018 - hemp was going to save Vermont dairy farmers from the vagaries of supply and demand for milk, and the resulting hardship and e
Marijuana legalization in Ohio could boost the Weed Industry Image Cannabis NewsAugust 14, 2023 High in the heart of it all. Ohio’s status as America’s heartland — and its heavy marijuana users — are giving the cannabis industry hope as a potential vote on legalization approaches this fall. A last-minute push to get enough signatures for a ballot i
Too many Cannabis shops, too much production: the industry’s perennial problem Image Cannabis NewsAugust 14, 2023 A major problem underlying the cannabis industry’s continuing financial struggles has been overcapacity. In provinces that allow private retailers, there are too many shops competing for too few customers to cover costs. And nationwide,
Oklahoma-grown Marijuana fuels the black market in other states Image Cannabis NewsAugust 14, 2023 One evening in mid-July, state drug enforcement agents intercepted a semi-truck leaving an Oklahoma City warehouse bound for New York. The truck was hauling 7,000 pounds of Oklahoma-grown marijuana, concealed in produce boxes, which would have been wo
Hemp retailers hit with fines Image Cannabis NewsAugust 11, 2023 Virginia is handing out fines to hemp retailers in the state that are selling unauthorised products. From 1 July 2023, amendments to Virginia’s Industrial Hemp Law will direct the manufacturing and retail sale of certain hemp-derived products. Under the law, hemp product may not excee
Death Row Cannabis brings a 90s brand to new heights Image Cannabis NewsAugust 10, 2023 “In the city, city of Compton … ” Go ahead, let your brain sing the rest of the song. 2Pac and Dr. Dre’s Grammy-Award-winning track “California Love” topped the charts in the mid-90s, adding to Death Row Records’ acclaim as a hit-making label. The West Coast fra
Tilray expanding into beer business with $85M deal Image Cannabis NewsAugust 10, 2023 Deal will vault company into the 5th-largest craft brewer in America, with 12 million cases a year. Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. In a filing with
Medical Marijuana patients face delays as demand grows in Georgia Image Cannabis NewsAugust 9, 2023 Georgia adds call center and THC card pickup locations. Demand for medical marijuana is on the rise in Georgia now that dispensaries are finally open, but some patients say they’re still unable to buy the product because of government delays. Patient
NY Cannabis industry pushes back on flavored vape ban Image Cannabis NewsAugust 9, 2023 The New York Cannabis Vape Standards Coalition is a group of stakeholders committed to advocating for quality standards in vape ingredients that spur industry growth, align with public health interests, and advance consumer choice. These stakeholders include lic
Judge orders temporary shutdown of NY's marijuana licensing Image Cannabis NewsAugust 9, 2023 Restraining order was issued in case filed by four military vets who were blocked from getting a retail license due to system that favored "justice involved" applicants. ALBANY — A state Supreme Court justice signed a restraining order Monday that will tem
Tilray acquires 8 brands in major deal Image Cannabis NewsAugust 9, 2023 Deal includes brands such as Blue Point and Shock Top. The Canadian cannabis company Tilray Brands announced on Monday that it had reached an agreement with brewing giant Anheuser-Busch to acquire eight beer and beverage brands. It is yet another bid by Tilray to expand its fo
Trulieve Cannabis posts wider Q2 loss on weak demand and higher expenses Image Cannabis NewsAugust 9, 2023 Pot firm Trulieve Cannabis on Wednesday posted a wider second-quarter loss on weak demand and higher expenses. Cannabis demand has taken a hit as persistently high inflation during the first half of the year forced customers to reduce spending
Cannabis dispensary owner given “second chance” Image Cannabis NewsAugust 8, 2023 From Conviction to Cannabis: Second Chance Entrepreneur Set to Open Adult-Use Dispensary in Wawayanda. WAWAYANDA – Howard Labron is excited about being given a second chance at a meaningful life now that he has been granted state permission to open an adult-use cannab