WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.
How many marijuana jobs are there in the U.S.? The answer may surprise you
Business & Finance
According to a new report, nearly 300 cannabis jobs are created daily. It's difficult to calculate just how fast the cannabis industry has grown in recent years. But one way to determine the size is the number of jobs created. That number reached 428,000 in January 2022, making the marijuana industry one of the fastest-growing employers in the coun
Medical cannabis use continues to soar post-pandemic as Veriheal eyes expansion
Business & Finance
One thing can’t be denied regarding medical cannabis: the industry’s startling growth. According to a recent study published in the Annals of Internal Medicine, medical cannabis enrollment soared by 400% between 2016 and 2020 as a string of high-profile supporters spoke out in support of the alternative therapy. What’s more, the pandemic itself acc
Stability Cannabis surpasses 40,000 pound milestone
Business & Finance
Stability Cannabis reaches a milestone of more than 40,000 pounds of medical marijuana sold. The company also exceeded 600 medical marijuana dispensaries having stocked medical marijuana products from Stability in Oklahoma, representing more than 25% of all medical marijuana dispensaries operating statewide, which in turn has provided medical acces
NBA players union inks deal with Al Harrington’s CBD company
Business & Finance
  Re+Play products, created in partnership with Toronto-based company Avicanna, will also be sold at Walmart and Amazon. The National Basketball Players Association (NBPA) has announced a multi-year partnership with Re+Play, the performance-based wellness and recovery line founded by former player Al Harrington. The deal makes Re+Play an official p
Charlotte's Web enters employee health benefits channel in partnership with SBM, LLC.
Business & Finance
Launching Hemp CBD Wellness Benefits is an Industry First Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW" or the "Company"), the market leader in full-spectrum hemp extract CBD products, is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employee benefits program. Through this employer-sp
Trump hater Snoop Dogg endorses ‘Sleepy Joe OG’ cannabis bags
Business & Finance
The man who made “indo” a household word thought these weed pouches were hysterical enough to share with millions of his fellow stoners Cannabis connoisseur Snoop Dogg sure seemed to hate Donald Trump during his administration, but he just embraced one of the former president’s most famous attack lines against current POTUS Joe Biden. The Long Beac
ExpendaFarms: A different kind of celebrity cannabis brand
Business & Finance
Santa Cruz-based ExpendaFarms is redefining what it means to be a celebrity cannabis brand. Original link
Colorado Gov. announces 16 recipients of cannabis business grant
Business & Finance
The Colorado grant program is designed “to save small businesses money, foster equity and diversity in the cannabis industry, and create good-paying jobs for Coloradans.” Colorado Gov. Jared Polis last week announced the first businesses to receive funding through the state’s Cannabis Business Pilot Grant. A total of 16 aspiring cannabis retailers
Hygrovest continues to diversify its investment portfolio as cannabis sector underperforms
Business & Finance
The company holds A$6 million of cash that will allow it to continue to diversify away from the underperforming cannabis sector. Hygrovest Ltd (ASX:HGV) achieved some of its goals to diversify its investment portfolio, reduce its exposure to the cannabis sector and ultimately, reduce the difference between the share price and NAV, during the financ
High Tide subsidiary Blessed CBD launches sales of hemp-derived CBD products on Amazon UK
Business & Finance
  High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its subsidiary, Blessed CBD ("Blessed"), has begun sales of its premium hemp-derived CBD products on Amazon in the United Kingdom ("Amazon
New York takes the grow plunge with outdoor grows upstate
Business & Finance
New York is off to a strong start with their recreational market, as certain hemp growers got the green light to start their outdoor growing. New York is finally kicking off their recreational cannabis sales, after years of back-and-forth and push back against antiquated and racist drug laws. Now, the industry is up and running with some of the fir
Banks shying away from the cannabis trade
Business & Finance
Fluence CEO and a leading lobbyist call for Congress to finally pass federal SAFE legislation that would put financial institutions more at ease with lending in the cannabis sector. Cannabis lighting firms take note: As rapidly as the legal marijuana industry is growing, it is held back in the U.S. by a lack of federal action that would allow tens
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

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