WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Dropping prices and heavy tax burden will mean Cannabis industry Image Cannabis NewsAugust 18, 2023 Producers and retailers say current federal tax is not sustainable for the industry. With high taxes, a saturated market and few options, some of Canada's legal cannabis producers are struggling. When the federal government legalized the sale of recr
California locals block Cannabis store from opening Image Cannabis NewsAugust 18, 2023 A proposed Embarc location was far enough away from a school, but locals appealed its permit to open, saying it’s a nuisance because of smell and security. After bending over backwards to meet the criteria for compliance, residents in Pinedale, a neighborhood of
Women-led Cannabis farmers market opens in Columbia County Image Cannabis NewsAugust 18, 2023 After cannabis sales lagged in New York, marijuana growers are coming together to participate in the state’s Cannabis Growers Showcase’ initiative in hopes of getting their stockpiled crops sold. Many cannabis growers have been struggling to get last year’
Former NBA All-Star Dwyane Wade releases exclusive Cannabis Box Image Cannabis NewsAugust 18, 2023 The limited-edition box coincides with Dwyane Wade’s recent induction into the NBA Hall of Fame. Former NBA athlete and Hall of Famer Dwyane Wade recently announced the details regarding his special cannabis box launch in collaboration with Jeeter. “M
Blockchain is transforming Cannabis Industry Image Cannabis NewsAugust 18, 2023 In recent years, blockchain technology has emerged as a powerful tool with the potential to revolutionize various industries. A partnership between ACS Laboratory, the largest hemp and cannabis testing facility in the eastern United States, and Blockticity, a leader in
With Cannabis industry expanding, a Baltimore company sees an opportunity to clean up Image Cannabis NewsAugust 17, 2023 Maryland cannabis companies reported tossing a little over 29 tons of green waste in 2022, according to the Maryland Cannabis Administration, a total that will expand with the legalization of recreational use by adults earlier th
Ocean View considers prohibition of Marijuana sales Image Cannabis NewsAugust 17, 2023 The Town of Ocean View is considering regulations on marijuana months after the Delaware General Assembly voted to legalize its recreational use and sale. The conversation in Ocean View comes after a number of coastal communities voted to ban the sale of the drug
Medical Marijuana pioneered legal weed in Michigan and now it's withering away Image Cannabis NewsAugust 17, 2023 The reality is there are fewer dispensaries selling medical marijuana in Michigan as demand for adult-use recreational marijuana dominates. Michigan's medical marijuana industry is wilting. The portion of the cannabis business that stoo
Organizers hope to raise funds for flooded Vermont Cannabis pot shops Image Cannabis NewsAugust 17, 2023 The Cannabis Retailers Association of Vermont, and others plan to help raise funds for flooded cannabis businesses. “Historic” flooding in Vermont is causing an unprecedented number of landslides in the state, impacting businesses including thos
New York Cannabis retailers find roadblocks in obtaining licenses and opening shops Image Cannabis NewsAugust 16, 2023 Some entrepreneurs in the first round of licensing have found it difficult to navigate applications, find retail space. Bronx resident Jesus Fontanez was 18 years old when he began taking care of his younger brother after their mot
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,
