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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Curaleaf cites ‘ample supply’ of weed in N.J. but critics wonder where it is
Business & Finance
Curaleaf cites ‘ample supply’ of weed in N.J. but critics wonder where it is Image Cannabis NewsJuly 24, 2023 New Jersey has some of the most expensive recreational marijuana in the nation. The decision by New Jersey’s largest marijuana company to shutter its second growing facility in four months is raising questions about New Jersey’s marijuana s
Big name Marijuana brands dive into intoxicating Hemp products
Business & Finance
Big name Marijuana brands dive into intoxicating Hemp products Image Cannabis NewsJuly 24, 2023 Historically, marijuana companies avoided the hemp market. There’s a small but growing trend of marijuana companies expanding into hemp-derived goods that can still get consumers high. At least four high-profile companies have already made the leap in va
The King of unlicensed Weed Dispensaries declares war
Business & Finance
The King of unlicensed Weed Dispensaries declares war Image Cannabis NewsJuly 24, 2023 Jonathan Elfand built a $25 million-dollar kingdom with Empire Cannabis Club. Then state tax officials raided his dispensaries. And he’s ready for battle. On a hot Tuesday morning in July, a phalanx of New York State Department of Taxation and Finance agents, wit
Cannabis property market unlikely to see rate decreases over next few months
Business & Finance
Cannabis property market unlikely to see rate decreases over next few months Image Cannabis NewsJuly 21, 2023 The cannabis insurance market has experienced a variety of transformations and shifts in recent years. As the sector continues to develop, insurance providers are refining their offerings to meet the needs and challenges being presented. In
Bill aims to establish regulatory framework for CBD as a supplement
Business & Finance
Bill aims to establish regulatory framework for CBD as a supplement Image Cannabis NewsJuly 21, 2023 Senator Ron Wyden (D-OR) has reintroduced a bill that aims to establish US Food and Drug Administration (FDA) regulatory framework for CBD as a dietary supplement or food and beverage additive. Alongside Sens. Rand Paul (R-KY) and Jeff Merkley (D-OR
Cannabis dispensary employees vote to accept union contract
Business & Finance
Cannabis dispensary employees vote to accept union contract Image Cannabis NewsJuly 21, 2023 New contract includes wage increases, both future and retroactive, improved health care access and paid federal holidays. The United Food and Commercial Workers union, Local 360, on Tuesday said Columbia Care Inc.’s Cannabist retail location in Deptford vot
Washington legal Pot farms get back to work after pesticide concerns halted operations
Business & Finance
Washington legal Pot farms get back to work after pesticide concerns halted operations Image Cannabis NewsJuly 21, 2023 A big mound of fresh dirt sits at Terry Taylor’s marijuana farm in the high desert of north-central Washington state. Each hole for a new plant gets filled with the clean soil. Large swaths of recently installed landscape fabric c
Cannabis Store cuts through the haze of misinformation
Business & Finance
Cannabis Store cuts through the haze of misinformation Image Cannabis NewsJuly 20, 2023 The cannabis seller is using its place of authority to provide education on frequently asked questions. Ontario Cannabis Store (OCS) is clearing up myths about the product by dramatizing the fog of differing facts and advice. In “Cannabis Made Clear,” people wit
Maryland's adult-use Cannabis market is open for business
Business & Finance
Maryland's adult-use Cannabis market is open for business Image Cannabis NewsJuly 20, 2023 With more than $10 million in retail sales during its opening weekend and more than $20 million in retail sales during the first week, Maryland's adult-use cannabis market is open for business. Nearly 100 of Maryland's existing medical cannabis dispensaries a
Khalifa Kush and Cresco Labs expand partnership
Business & Finance
Khalifa Kush and Cresco Labs expand partnership Image Cannabis NewsJuly 20, 2023 Cresco Labs partners with Wiz Khalifa's Khalifa Kush to exclusively bring premium cannabis products to Massachusetts. CHICAGO - Cresco Labs, a vertically integrated, multi-state operator and the cannabis industry’s No. 1 producer of branded products, today announced th
Celebrity Cannabis Brands dominate California market
Business & Finance
Celebrity Cannabis Brands dominate California market Image Cannabis NewsJuly 19, 2023 Data Shows Celebrity Cannabis Brands Outshine Traditional Brands. In this week’s cannabis news round-up, data shows celebrity cannabis brands are outselling traditional brands in California; Maryland’s booming cannabis market is poised to reach billion-dollar stat
Ohio chain of Medical Marijuana dispensaries owes more than $19M in defaulted loans and lawsuit alleges
Business & Finance
Ohio chain of Medical Marijuana dispensaries owes more than $19M in defaulted loans and lawsuit alleges Image Cannabis NewsJuly 19, 2023 A medical marijuana operator headquartered in Florida has sued an Ohio cultivator and chain of dispensaries over what it alleges is more than $19 million in defaulted loans. Trulieve, through its subsidiary Harves
Long line of customers greets Western New York's first Licensed Marijuana dispensary
Business & Finance
Long line of customers greets Western New York's first Licensed Marijuana dispensary Image Cannabis NewsJuly 19, 2023 OJ Barker bought a House of Sacci ball cap, Empire cannabis gummies, Pound Town pre-rolled joints and cannabis flower on Tuesday. That purchase made history. The Buffalo resident was the first person to buy recreational marijuana fr
The best uses for the Hemp Plant
Business & Finance
The best uses for the Hemp Plant Image Cannabis NewsJuly 19, 2023 Hemp is one of the most diverse crops in the world. Here are six ways to take advantage of the plant. For the most part, mainstream markets today are completely missing out on the benefits of the versatile hemp plant, from its tiny seeds up to its hardy stalks. Hemp is an excellent c
North American Cannabis consumers decreased spending in Q2
Business & Finance
North American Cannabis consumers decreased spending in Q2 Image Cannabis NewsJuly 19, 2023 Springbig released its Q2 data report highlighting key cannabis market statistics across the United States and Canada. (Benzinga) Quarterly sales data in North America revealed general retail and consumer behavior trends throughout the continent. The average
NY State Senator urges aggressive action on unlicensed Cannabis Shops
Business & Finance
NY State Senator urges aggressive action on unlicensed Cannabis Shops Image Cannabis NewsJuly 19, 2023 New York State Senator Brad Hoylman-Sigal urged the Office of Cannabis Management to take action on unlicensed dispensaries. A New York state senator wrote a letter to the state’s Office of Cannabis Management, urging leadership to engage in “aggr

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