WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.

Why these local business owners are so passionate about these proposed ballot issues

 

As owners of Platte Hemp Company in Casper, Sam Watt and his wife have been vocal advocates for hemp, CBD, and marijuana education, as well as responsible packaging.

They spoke out against manufacturers who packaged THC products to look like candy after Casper Police reported finding such packaging during a traffic stop. All products in Platte Hemp are clearly labeled so customers know what they are buying, exceeding Wyoming law on the matter, and staff is always happy to educate those with questions.

San Antonio's first cannabis juice shop, housed in a hemp farm coming soon

Marijuana might not be legal in Texas, but cannabis is king

Located off Bulverde Road in Northwest San Antonio is the San-A-Canna hemp farm, a verdant enclave soon to host San Antonio's first cannabis juice shop. 

Amos Lozano ran Famous Juice Company for eight years before finding a permanent home for his raw hemp-infused juices, acai bowls, and smoothies — evidently, greener pastures awaited. The shop is currently scheduled to begin service in the next few weeks, followed by a grand opening party on Sunday, July 10. 

Cann American Corp. announces hemp farming lease

Cann American Corp. (OTC PINK:CNNA), the "Company", a holding company building a diverse portfolio of intellectual properties in the legal cannabis and hemp industries, is pleased to announce the Company has entered into a lease agreement to develop a hemp farming operation.

The approximately 10,000 square feet of land, located in Glencoe, Oklahoma, will allow the Company to vertically integrate the expansion of its recently launched "C-Juice" vape lines.

Cann American will be able to cultivate select proprietary genetics and maintain quality controls from seed to shelf. The operation will be managed by Cann American's director Brad Hanger through his company, Hanger Consultations.

Legal marijuana is replacing black market weed in this state

In Maine, marijuana consumers are turning to legal sources over the black market, an achievement for the state and for cannabis proponents.

Marijuana proponents argue that establishing a legal cannabis industry is an effective way of curbing black market marijuana and preventing its risks. While cannabis industries around the country are relatively new, and black market businesses have years of advantage over them, Maine appears to be reaping the benefits of the legal cannabis industry.

According to a new report from the state’s Office of Cannabis Policy (OCP), legal marijuana is impacting black market sales, and the “current illicit market has diminished more than expected.”

The Hemp Doctor expands product line to include new cannabinoids including CBN, CBG, and Delta-9

Never have the wonders of cannabis and CBD been more accessible. Millions of Americans continue to leverage the powers of cannabis-based medicines and products offered by The Hemp Doctor. As the industry leader in providing quality and safe hemp products, their journey continues with booming sales, over 1,000 positive reviews, and a new and incredibly diverse product line. 

The Hemp Doctor is thrilled to help their many new customers take their first step in finding balance with not just THC but the many new cannabinoids and products at their disposal. This includes everything from artisan edible snacks and treats, unique distillates, disposable vape cartridges, and full-spectrum CBD products that have no impairing effects.

Smilyn Wellness expands product collection to include LIVE Resin THC-O/Delta 9 Gummies

Smilyn Wellness, known best for their premium hemp products, recently announced that they are expanding their product collection to include LIVE Resin THC-O/Delta 9 Gummies.

Smilyn Wellness, known best for their premium hemp products, recently announced that they are expanding their product collection to include LIVE Resin THC-O/Delta 9 Gummies. The collection of gummies is available for consumers to purchase online. (Benzinga)

Spotlight: Tsehaitu Abye, founder and CEO of Black Dragon Breakfast Club, on building community

"There's a lot of power in reclaiming narratives and telling your own story"

Tsehaitu Abye founded Black Dragon Breakfast Club (BDBC) in 2018. The lifestyle brand and marketing agency focuses on helping minorities and women enter the cannabis industry.

Abye founded BDBC after moving to Philadelphia from Hawaii, where she attended high school and college. In The City of Brotherly Love, Abye found that the cannabis scene was lacking, particularly for women of colour.

“I needed to build a community for individuals like myself,” she tells The GrowthOp from Philadelphia.

Four years later, Abye is heavily involved in the cannabis and art scene in the city and is still working to push Black-owned businesses forward.

3 new recreational marijuana stores opening this week in New Jersey

Three new recreational marijuana stores will be opening this week in New Jersey, including one location near the Jersey Shore. 

The stores making the transition under the Garden State Dispensary brand from medical marijuana to legal sales are located in Eatontown, Woodbridge and Union. The State Cannabis Regulatory Commission granted the company approval for sales back in May.
 
It brings a total of 16 stores selling adult-use marijuana throughout New Jersey starting at 10 a.m. Wednesday. 
 
Many Jersey Shore communities banned the sale of recreational weed, forcing residents who want it to drive 50 miles to the closest locations. 
 

How cannabis consumption lounges create safe spaces for BIPOC consumers

The normalization of cannabis could indeed be in the hands of these potential consumption spaces.

Rove enters the Missouri cannabis market with Black Box vape pens

Rove launched its cannabis vape products into dispensaries across Missouri. Produced locally using a solventless CO2 extraction, 10 SKUs of Rove vapes are now available across the region, with more SKUs on the way this summer. 

We need to reduce barriers to starting a cannabis business

“Our goal is to help others get into the business as well. If we can help others avoid the pitfalls, we would gladly do it.”

Cannabis companies lacking bankruptcy protections can explore state options

As the trend to legalize the medical and recreational use of marijuana continues to blaze through the states, federal law, and bankruptcy courts by extension, have not yet followed suit. Bankruptcy courts have historically prevented cannabis - and even cannabis-ancillary companies - from filing for protection under the United States Bankruptcy Code because marijuana remains illegal under the Controlled Substances Act (CSA) at the federal level. Consequently, financially distressed companies in states where marijuana is legal still have limited restructuring options and must rely on state law options.

Ayr receives final license to sell adult-use cannabis in Watertown, the company’s second approved adult-use dispensary in Greater Boston

Ayr Wellness (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announced that the Massachusetts Cannabis Control Commission (“CCC” or the “Commission”) has granted a final license for the sale of adult-use cannabis at its AYR Watertown dispensary in Greater Boston. The CCC voted to grant the final license at its meeting on June 9, 2022.

“With our approval today to open our Watertown dispensary, Ayr will soon have two adult-use dispensaries serving Greater Boston, which has historically been under-served in access to adult-use cannabis,” said Jonathan Sandelman, Founder, Chairman and CEO of Ayr.

Recreation or wellness? At Canna River, they’re the same.

Canna River spills all on their approach to legal and medical cannabis and what makes them stand out in the industry.

Canna River prioritizes both cannabis health and recreation with their unique approach to the plant.

When states began legalizing cannabis, it was a huge gain for everyone who consumes it—no matter the reason. The same can be said for the 2018 Farm Bill. However, the legalities of cannabis also created divisions that don’t exist beyond the law. For instance, hemp and marijuana are the same species of plant, except hemp contains less than .3% THC. Their names are a legal distinction, not a scientific one. 

MedPharm, Iowa’s first medical marijuana company, changes name to Bud & Mary’s, expands in Iowa and other states

The new name, now seen on dispensaries in Sioux City and Windsor Heights, reflects shift to recreational pot allowed in other states

Iowa’s first medical marijuana manufacturer and distributor is changing its name, planning a $10 million expansion in Iowa and moving into other states.

MedPharm Iowa will become Bud & Mary’s Cannabis Co., reflecting a shift in the company’s focus from just medical marijuana allowed in Iowa to recreational pot products legal in other states.

“Bud & Mary's deep roots in plant science guides their pharmaceutical approach to producing cannabis products that medical patients can rely on and lifestyle customer can enjoy,” according to a news release late Wednesday.

Indian cafe in Pune serves hemp-infused food

The Indian cannabis wave is coming, one hemp entrepreneur at a time

India is moving into the hemp space—as a new eatery serving infused food in Pune demonstrates. The establishment serves sandwiches, coffee, and other foods infused with hemp. The 30 year owner of the Hemp Cafe, Amruta Shitole, is actually a serial cannabis entrepreneur, having opened the Ganja Cafe previous to this, and has been successfully selling cannabis infused food products for the last four years.

Kanye West’s former manager is the now the CEO of a cannabis company

High Tide President and CEO, Raj Grover, named Cannabis Person of the Year at O'Cannabiz Industry Awards Gala

Company Receives Seven Award Nominations in Total

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, is proud to announce that it's President and CEO, Raj Grover, was named Cannabis Person of the Year at the O'Cannabiz Industry Awards Gala, a national annual event that recognizes excellence and innovation in the cannabis industry, last night in Toronto.

High Tide President and CEO, Raj Grover, Accepts the Cannabis Person of the Year Award at the O'Cannabiz Industry Awards Gala on June 1, 2022. (CNW Group/High Tide Inc.)

Tyson 2.0, Mike Tyson's premium cannabis brand, launches in Washington State with exclusive concentrates and flower by Mammoth Labs

 

Tyson 2.0's premium product line is now available at 16 retail locations across Washington in partnership with Mammoth Labs

Tyson 2.0 ("The Company"), legendary boxer, entrepreneur and cannabis advocate Mike Tyson's cannabis brand, today announced in collaboration with its exclusive partner, Mammoth Labs that Tyson 2.0's premium suite of cannabis products are now available at sixteen dispensaries across the state of Washington.

"Tyson 2.0 x Mammoth Labs products will pack twice the punch for Washington cannabis consumers with our high THC strains and superior terpene profiles,'' said Mike Tyson, Chief Brand Officer and Co-Founder of Tyson 2.0.

This cannabis stock just made history

Is this the industry's watershed moment, or is this just a one-off exception?

The marijuana industry still isn't legal in the U.S. even though dozens of states permit marijuana for either recreational or medical use. There are even many marijuana companies that trade on the stock exchanges that you can invest in today to gain exposure to the fast-growing industry.

However, not all marijuana companies can trade on the NYSE or Nasdaq. Specifically, plant-touching marijuana companies based in the U.S. aren't able to do so because they operate in violation of federal laws. But in May, one stock became an exception to the rule and made history.


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