WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.
How would the marijuana industry handle a possible recession?
Business & Finance
Even if the economy in general takes a dip, marijuana is just beginning to test the waters in many states. A year ago, there were only whispers of a recession. Now it is starting to dominate conversations, and it has companies and citizens worried about the months to come. A recession is not at all certain, but experts are saying the likelihood is
Montana pot sales see increase in June
Business & Finance
  Recreational and medical cannabis sales in Montana this year have reached nearly $150 million. Recreational pot sales continue to soar in Big Sky Country, with Montana reporting a record high total last month. The state’s Department of Revenue reported that adult-use cannabis sales in Montana totaled more than $17 million in the month of June—the
AE Global opens AE Global Boston office, continues to invest in cannabis packaging infrastructure in emerging markets
Business & Finance
Leading CPG packaging company expands cannabis division to scale support in MA, NJ, PA, NY, RI, ME and CT AE Global (AEG), a custom packaging design company and supply chain solutions provider headquartered in Miami, today announced the launch of a New England office, called AE Global North, to better serve the rapidly growing northeast cannabis ma
MCOA Subsidiary cDistro signs Master Distribution with Mellow to distribute Dosist brand in Europe
Business & Finance
Marijuana Company of America, Inc. (OTC:MCOA) ("the Company"), which operates, invests, and acquires companies exclusively in the cannabis sector; today announced that the Company's cDistro distribution operating entity has signed a Master Distribution agreement with multi-brand cannabis eCommerce and marketing company Mellow, a subsidiary of CBD o
Have you heard about THC-P? We have the scoop!
Business & Finance
Did you know that one of the most hyped up cannabinoids to hit the hemp market in recent years has been THC-P (tetrahydrocannabiphorol)? Trust us when we say the hype around THC-P is thoroughly warranted.  This is potentially the most potent cannabinoid in all of the hemp plant, with a strength thought to be 33 times stronger than regular THC. Yes,
Marijuana Strategic Ventures, changes name to Mushrooms, new management and business model
Business & Finance
Marijuana Strategic Ventures, Inc. has officially changed its name to Mushrooms, Inc., through the filing of amended and restated articles of incorporation with the Nevada Secretary of State. In addition to changing the company’s corporate name to Mushrooms, Inc., the company appointed a new CEO, Kimberly Carlson, focused on implementing a new busi
Cannabis leaders Kiva Confections and Jetty Extracts partner for limited edition collection of Lost Farm edibles
Business & Finance
  The Collaboration Features Two Unique Flavors of Strain-Specific, Plant-Based Gummies and Chews Featuring Jetty's 100% Live Resin  Kiva Confections, California's market leader in premium, cannabis edibles, announced today a partnership with Jetty Extracts, a California-based producer of high-quality cannabis extracts, for a limited release of the
This is (probably) the most popular cannabis content creator in the world: Meet Dope As Yola
Business & Finance
  “I recently got deleted off Instagram, again. I had about 4.1 million followers. My Snapchat was number two in the country, not just for cannabis, but in general: It was Kylie Jenner, me and Cardi B. And then they deleted that also. But in terms of sheer numbers online, my watch time is roughly 70 million watch time minutes a month. So I get in a
California may require labels on pot products to warn of mental health risks
Business & Finance
Liz Kirkaldie’s grandson was near the top of his class in high school and a talented jazz bassist when he started smoking pot. The more serious he got about music, the more serious he got about pot. And the more serious he got about pot, the more paranoid, even psychotic, he became. He started hearing voices. “They were going to kill him and there
Is Aurora Cannabis too cheap to pass up right now?
Business & Finance
  Some analysts have become more optimistic about the stock. Aurora Cannabis (ACB -5.10%) is one of the most beaten-down cannabis stocks in the entire industry. Investors will recall that back in 2018, Aurora announced it was acquiring medical marijuana company MedReleaf for more than $2.5 billion in what at the time was the sector's largest deal.
Marijuana lounges could soon open in this state
Business & Finance
The Nevada Cannabis Compliance Board approved the sale of cannabis consumption lounges on Tuesday. Marijuana lounges could open in Nevada as soon as this year. These locations would allow adults over the age of 21 to openly use marijuana products in a social setting. These news was shared by the state’s Cannabis Compliance Board on Tuesday: “Today,
Fab 5 Freddy, Curaleaf expand B Noble cannabis brand to N.J.
Business & Finance
Khiron Serves Record Number of Patients With Khiron Products Globally in Its Medical Treatment Clinics Cannabis providers B Noble Inc. and Curaleaf Holdings on Monday announced the expansion of B Noble product partnership in New Jersey. Founded in collaboration with Fab 5 Freddy, legendary hip-hop pioneer, filmmaker, visual artist and cannabis advo
Top cannabis researcher predicts double-digit increase in sales on July 4th
Business & Finance
A top cannabis researcher is predicting that despite valid concerns surrounding inflation, sales on July 4th will generate a double-digit increase, likely racking up the highest number in sales for any day in the market this summer. The reason for this surge? “Cannabis is a ‘sticky’ good and the market is resilient,” said Roy Bingham, co-founder an
Branded Legacy, Inc. increases revenue by expanding in New York and Florida company adds new disposable vapesFl
Business & Finance
Branded Legacy, Inc. ( BLEG), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages, along with an array of CBD topicals and tinctures is pleased to announce it has added two new stores to its growing list of retail locations.Happy Cork, located in Brooklyn, NY has added the new TCH-0/Delta-8 gummies and
Recession to wipe out weed firms trying to make ‘quick buck’
Business & Finance
With investors becoming more cautious and capital more expensive, only the strongest cannabis firms will survive a downturn in the global economy.  Cannabis startups in Europe are facing a harder time raising capital amid recession fears and sinking stock markets, but that could ultimately help the industry.  “This period will be really good for cl
Relieve day-to-day stress with Five CBD
Business & Finance
  Irvine, California-based Five™ CBD is redefining full-spectrum CBD, producing nothing but the highest-quality oil, gummies, and capsules. Shop relief and shop sleep is a promise made by Five™ CBD. The company, which produces a wide range of delicious products, delivers on that promise and ships their 5mg gummies to all 50 states. It’s a hemp-deri

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