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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Big St. Louis-based Cannabis firm to expand with acquisition
Business & Finance
Big St. Louis-based Cannabis firm to expand with acquisition Image Cannabis NewsAugust 2, 2023 Proper Brands, one of the St. Louis region’s largest marijuana firms, is acquiring another local cannabis business in a deal that CEO John Pennington said is the largest single acquisition in Missouri's cannabis market. St. Louis-based Proper on Tuesday a
Denver issues ticket, warning letters to unlicensed Cannabis hospitality businesses
Business & Finance
Denver issues ticket, warning letters to unlicensed Cannabis hospitality businesses Image Cannabis NewsAugust 2, 2023 On Saturday, the city investigated multiple locations after receiving complaints of illegal activity. Eight businesses have recently received warnings for hosting marijuana-related activities in Denver without the required license,
Cannabis delivery firm Eaze and its billionaire investor accused of fraud
Business & Finance
Cannabis delivery firm Eaze and its billionaire investor accused of fraud Image Cannabis NewsAugust 2, 2023 Lawsuit accuses Eaze of fraud in 2021 Green Dragon acquisition. A new lawsuit filed against Eaze, the once high-flying firm that pioneered on-demand cannabis delivery nearly a decade ago, accuses the company of committing fraud when it began
Detroit now accepting 2nd round of Recreational Marijuana business licenses
Business & Finance
Detroit now accepting 2nd round of Recreational Marijuana business licenses Image Cannabis NewsAugust 1, 2023 Fifty marijuana business licenses are up for grabs in Detroit. The second round of applications for recreational marijuana businesses opened Tuesday. Available are 30 licenses for marijuana retailers, 10 licenses for micro businesses, and 1
Recreational Cannabis is now legal in Minnesota. Here’s what we know
Business & Finance
Recreational Cannabis is now legal in Minnesota. Here’s what we know Image Cannabis NewsAugust 1, 2023 Cannabis is now legal for adults 21 and older to use and possess in Minnesota, making it the 23rd state in the country to legalize cannabis for recreational use. The first dispensary selling marijuana for recreational use is now open and selling t
NY shuts down alleged unlicensed Cannabis shops
Business & Finance
NY shuts down alleged unlicensed Cannabis shops Image Cannabis NewsAugust 1, 2023 New York officials have shut down what they call seven unlicensed cannabis dispensaries in the western part of the state. New York officials shut down what they called seven unlicensed cannabis dispensaries in the western part of the state Monday, alleging the owner i
$2 Billion Cannabis merger goes up in smoke
Business & Finance
$2 Billion Cannabis merger goes up in smoke Image Cannabis NewsAugust 1, 2023 Cannabis companies Cresco, Columbia Care call off $2 billion merger as industry awaits banking reform. A $2 billion mega-deal between cannabis multistate operators Cresco Labs and Columbia Care has gone up in smoke more than a year after the companies announced the acquis
Hemp shop shutters Richmond-based retail and grow operations to move out of state
Business & Finance
Hemp shop shutters Richmond-based retail and grow operations to move out of state Image Cannabis NewsJuly 31, 2023 Another local CBD shop has closed its doors in search of greener, less heavily regulated pastures outside Virginia. Old Manchester Hemp Co. shuttered its retail storefront and hemp-growing facility at 1308 Hull St. on June 30, the day
Just because Marijuana is legal doesn't mean it's welcome
Business & Finance
Just because Marijuana is legal doesn't mean it's welcome Image Cannabis NewsJuly 31, 2023 We the people, residents of Menominee, Michigan have the LEGAL right to live peacefully and safely in the city free of the invasion, infestation of the onslaught of marijuana drug dealers. Just because it was made legal in the state of Michigan is by no means
Minnesota Republicans call for special session to address Cannabis legalization
Business & Finance
Minnesota Republicans call for special session to address Cannabis legalization Image Cannabis NewsJuly 31, 2023 Minnesota Republicans requested a special session to address their concerns about the recreational cannabis legislation just days before it's set to be legalized for adult use on Aug 1. Twenty Republican lawmakers sent a letter to Gov. T
Illinois: one of most expensive and least diverse Cannabis markets in US
Business & Finance
Illinois: one of most expensive and least diverse Cannabis markets in US Image Cannabis NewsJuly 31, 2023 As one of the largest cannabis markets in the US, Illinois still offers many opportunities for entrepreneurs. The Illinois marijuana market is one of the most expensive in the nation and among the smallest as far as the number of brands – but i
Connecticut's first cannabis grower Theraplant sold
Business & Finance
Connecticut's first cannabis grower Theraplant sold Image Cannabis NewsJuly 31, 2023 One of the state’s four active cannabis producers has new ownership following foreclosure proceedings, according to a filing with the Securities and Exchange Commission. The new owners of Theraplant is a company called NewCo, which is a subsidiary of East Hampton N
New York City ranks as Top Cannabis-Consuming city in the World
Business & Finance
New York City ranks as Top Cannabis-Consuming city in the World Image Cannabis NewsJuly 31, 2023 While the Empire State has yet to fully get its adult-use cannabis program off the ground, that isn’t stopping residents from getting their smoke on. And research proves it! According to a new study, New York City consumes more cannabis out of any city
New law paves way for Black farmers’ Marijuana licenses
Business & Finance
New law paves way for Black farmers’ Marijuana licenses Image Cannabis NewsJuly 27, 2023 Two Black farmers have received licenses to grow, process and sell medical marijuana, after a new state law helped clear the way for the long-awaited licenses. The Florida Department of Health issued the licenses July 11 to Suwannee County farmer Terry Donnell
CBD liquid products often short on CBD
Business & Finance
CBD liquid products often short on CBD Image Cannabis NewsJuly 27, 2023 “Few products had measured CBD concentrations within 10 percent of advertised concentrations,” according to a new study out of Britain. Some CBD products may not be all they seem, according to newly published analysis. Researchers from the United Kingdom assessed a variety of C
Jim Belushi's Cannabis brand to make debut in New Mexico
Business & Finance
Jim Belushi's Cannabis brand to make debut in New Mexico Image Cannabis NewsJuly 27, 2023 Jim Belushi, the Hollywood actor turned cannabis farmer, is moving into New Mexico through a partnership with dispensary chain Seven Clover. Belushi’s Farm, the actor’s Eagle Point, Oregon-based cannabis brand, was soft launched in Seven Clover stores June 28.

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