WeedLife News Network

The U.S. cannabis industry, valued at $30 billion, is experiencing a notable change: young women are now consuming more cannabis than men for the first time. This trend is causing companies to reevaluate their product offerings and marketing strategies, as reported by Reuters. A Shift In Consumption

Long Beach native Snoop Dogg just turned 53 on Oct. 20, but if the Long Beach City Council moves fast enough, he’ll be able to celebrate No. 54 by smoking a blunt in public legally. “In 2019, we started this conversation with the city and they were actually looking into it, but COVID shut it down,”

After posting record sales in February and March, Arizona has seen a marked decline in both medical marijuana and adult-use cannabis sales. Arizona’s cannabis market, once hailed as a rising star in the industry, is now grappling with significant challenges. Despite the continued strength in asset

The Ministry of Agriculture and Livestock (MAG) has issued 57 licenses for the cultivation and production of hemp derivatives. The first license was granted on November 8, 2022, and the last one on September 3, 2024. These licenses are valid for six years. According to MAG data, most licenses have

No one expected Canada’s cannabis laws to be perfect from the get-go. When Canada legalized cannabis for adult use six years ago this week, politicians built in a timeline that ensured that it would be a work in progress. Edibles and drinks were not made legal until late 2019, and then took a while

Cannabis sales in Connecticut took a 12 percent hit in September from the previous month, according to state data. A decrease in the average price per gram and in the total number of cannabis products sold in Connecticut pushed total sales down 12.3 percent, from $25.7 million in August to $23.4

The overall cannabidiol (CBD) industry has experienced significant growth in recent years due to regulatory reforms and increased demand by consumers and patients. One sector that is witnessing the most growth is the CBD skincare market, which is projected to expand considerably in the coming years

On a quarter-to-date (QTD) basis, sales reached $245 million for July and August, up 5%. According to a recent report from Beacon Securities, cannabis sales in Colorado and Connecticut are showing mixed results, reflecting both growth and challenges in the legal cannabis market. Colorado Sales Up 5%

Violations, dating back to 2021, included facility maintenance issues such as unsecured doors and gaps in ducts. Massachusetts cannabis regulators have fined two prominent companies, Ascend Wellness Holdings and Curaleaf Holdings, for violations related to consumer safety practices. The fines

The DOJ defends federal cannabis prohibition, citing Supreme Court precedent, despite state-level legalization. The U.S. Department of Justice has urged a federal appeals court to maintain the nationwide ban on cannabis, defending Congress's broad authority to regulate the substance despite its

The U.S. Hemp Roundtable Taps Two Prominent Executives In Hemp Beverage Space Into Its Ranks The U.S. Hemp Roundtable made headlines in early September as its board of directors welcomed two distinguished leaders from the hemp beverage sector to its officer ranks. Art Massolo, vice president of

MedMen was once celebrated as the 'Apple Store of Weed and reached a $2 billion valuation. By April 2024, MedMen had filed for bankruptcy. As California's cannabis market expanded after legalization, several leading companies seemed poised for dominance. However, due to mismanagement, regulatory

The deal includes Wana Wellness, LLC, The CIMA Group, LLC and Mountain High Products, LLC. Canopy Growth Corporation announced on Wednesday that Canopy USA, LLC has completed its acquisition of Wana. The deal includes Wana Wellness, LLC, The CIMA Group, LLC, and Mountain High Products, LLC. The top

Flora Growth is eyeing Germany's new hemp legislation as a major opportunity, with plans to enter the market soon. Publicly traded Flora Growth Corp. is closely monitoring Germany's newly approved legislation on industrial hemp, viewing it as a potential game-changer for the European market. Germany

Jonathan Miller: "We were shocked by the new emergency regulations." The hemp industry in California is under rising pressure after Governor Gavin Newsom issued emergency regulations that effectively hinder further development of the industry, according to Jonathan Miller, general counsel of the U.S

Aaron Grey said at Benzinga's Cannabis Capital Conference that the removal of 280E will be transformative for cannabis operators. “The fall of 280E will be the single most impactful moment for cannabis operators in decades,” said Aaron Grey, senior analyst at Alliance Global Partners, on Tuesday at

California's new restrictions on the sale of hemp products have sparked debate within the cannabis community. As California moves forward with emergency regulations on hemp, concerns are growing about the potential consequences for the cannabis industry. Governor Gavin Newsom‘s new restrictions

Hemp&Health agreed to acquire a 5% stake in the Portuguese company Hibisco Discreto, which owns the Voyager Genetics brand. New Polish And Portuguese Hemp Partnership Hemp&Health, a Polish medical cannabis company, agreed to acquire a 5% stake in the Portuguese company Hibisco Discreto, which owns