WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
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,
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
Former Weed dealer cuilt the ‘Budega’ Brand then copycats moved in Image Cannabis NewsAugust 11, 2023 Alex Norman’s fight to protect the brand he created is part of a trend that industry lawyers say threatens small cannabis businesses. In the fall of 2021, an acquaintance of Alex Norman, the founder of a cannabis apparel and lifestyle brand called
NY Cannabis growers can take advantage of Manufacturer Credit Image Cannabis NewsAugust 11, 2023 New York cannabis cultivators and manufacturers face more challenges than most businesses in the Empire State. At the federal level, the IRS imposes an onerous tax burden on cannabis businesses due to Section 280E of the tax code. The illegal cannabis m
Harvest New York releases Manual for NYS Hemp Growers Image Cannabis NewsAugust 10, 2023 While the manual is geared toward growers and producers, a thriving hemp industry would impact the entire state. A new, first-of-its-kind manual will provide guidelines and best practices for NYS hemp growers – a crop with the potential to revitalize economies
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
