WeedLife News Network

In this industry, a little patience and a high risk tolerance should pay off in the long run. Almost every industry had a bad year in 2022. But the cannabis industry had it even worse. Thanks to a lack of progress in regulatory reforms and higher competition, cannabis sales in the U.S. didn't grow

Groupe SGF launched a class action lawsuit on behalf of Gabriel Bélanger, founder of Origami Extraction Inc., against the Desjardins Federation, National Bank, Royal Bank, Bank of Montreal, TD Bank, and CIBC. The lawsuit alleges that the named banks have engaged in financial discrimination against

News 8 On Your Side is investigating medical marijuana's potential impact on employment: from your rights if you have a medical marijuana card to what employers can legally do if a worker uses medical marijuana. Charles Whistler vapes medical marijuana for his insomnia and anxiety. "It calms me down

Last week, as a part of Amendment 3, which Missourians voted in favor of last November, the recreational sale of marijuana became legal in the state of Missouri. The amendment expunges criminal records of individuals arrested for possession of marijuana, prohibits law enforcement from searching a

In the first weekend of recreational cannabis sales in the state, Missourians spent more than $12 million on both recreational and medical products. The strong sales were despite many operators being caught by surprise; the opening of recreational sales came a few days earlier than expected. Now

WINCHENDON - What started as just a tiny seed of an idea has flowered into a successful Toy Town business. The owners of the Bud Barn are celebrating one year of operations. The recreational marijuana dispensary at 682 Spring St. opened its doors last year on Jan. 28. The business, which remains the

Brightseed, a bioactives company based in California, has unveiled preclinical data showing that two bioactive compounds found in hemp hulls, N-trans caffeoyltyramine (NCT) and N-trans feruloyltyramine (NFT), have potential to support gut barrier function. The study has been published in the peer

A chain of cannabis stores that was once described as the “Apple store of weed” and valued as high as $1.7 billion as a public company, is near financial collapse, according to a regulatory filing as the once-hot pot industry faces a major reckoning. The company, MedMen, said that it has only $15.6

Experts project that the demand for batteries for electric vehicles (EVs) will increase by 30 percent from now until 2030. With that, the EV battery market should rake in about $410 between 2020 and 2030. Right now, EV batteries are far from perfect: They’re slow to charge, their range is low, and

LAS VEGAS - Actor, comedian and cannabis farmer, Jim Belushi, is set to meet with fans at a Las Vegas dispensary on Saturday. According to a news release, Belushi will visit Planet 13 near the Las Vegas Strip from 4 p.m. until 6 p.m. this Saturday, Feb. 11. “Every time I cultivate the land, I get

NORWAY, one of the most cautious states in Europe when it comes to cannabis liberalisation, recently held a public meeting to discuss access to medical cannabis. The event, which took place in Oslo on January 20, 2023, brought together politicians from across the political spectrum, alongside

SAN FRANCISCO - A new bill introduced in the California legislature would allow cannabis lounges to sell food and non-alcoholic drinks. Customers would be able to eat or drink while they smoke in the smoke shops, which is currently illegal. Assemblymember Matt Haney introduced the measure AB374

The first major bill outlining what the recreational cannabis market in Maryland might look like was introduced in the General Assembly on Friday. The 88-page bill goes into detail about most elements of the new legal market from licensing to the tax structure. Here are five things business owners

Rep Jessica González, a Dallas Democrat, filed a bill this week that would allow counties and cities to legalize the recreational use of cannabis for adults. Under González’s House Bill 1937, adults 21 and older would be allowed to possess and transport up to 2.5 ounces of cannabis. No more than 15

Forest Park could make decision by end of month. A cannabis dispensary is looking to set up shop at the former Forest Park CVS store at 7216 Circle Ave., near the three-way Oak Park/Forest Park/River Forest border and across the street from Green Line Harlem CTA station and Oak Park Metra station

A California lawmaker has introduced legislation to permit the state’s licensed cannabis consumption lounges to serve freshly prepared food and drink and host live events. A California lawmaker has introduced a bill that would allow the state’s licensed cannabis consumption lounges to sell freshly

Although numerous fitness enthusiasts and athletes consume marijuana, there are questions about its benefits and side effects. Does smoking weed affect cardio, weightlifting, and other exercises? Can the herb improve your capability? Using cannabis has pros and cons for sportspersons. Many assume

Local marijuana businesses are offering their thoughts and suggestions following a ruling by U.S. District Judge Gary Sharpe last week that could impact the roll-out of the cannabis industry in Western New York. Sharpe’s ruling upheld his previous injunction from November against New York’s

The cannabis industry - both domestic and international in scope, and comprised of two substantial subsectors: marijuana and hemp - started last year off strong. Namely, with a splash of high-profile M&A activity in January and February. There was tremendous promise for growing the market. As we

Cannabis companies are learning the perils of trying to grow too aggressively. Cannabis companies used to be focused solely on growth at all costs. But that's not the case anymore. Investors are growing weary of businesses that aren't generating profits, and that's putting pressure on them to be