WeedLife News Network

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

The metaverse is for more than enthusiasts and consumers, it is also for the B2B community and beyond. The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Technologies and creator of Cannaland, decided to take matters

Multiple law enforcement agencies shut down an illegal cannabis distribution operation with orders available via FedEx, UPS, and other means of delivery. Authorities shut down an illegal distribution operation providing prompt delivery of weed and edibles sent coast to coast via trackable orders

THE German Government’s refreshingly honest approach to drugs and addiction is being demonstrated with a focus on the harms of gambling, alcohol and tobacco. On coming into office it signalled its intent to overhaul the continent’s cannabis status quo with proposals to create the first regulated

A Federal High Court sitting in Lagos has sentenced a 51-year-old landlord, Saheed Ojomu, to five-year imprisonment for allowing his tenant to use his shop to warehouse cannabis. Justice Daniel Osiagor handed down the sentence to the convict after he changed his not-guilty plea to guilty. The

ROCKFORD - Marijuana sales in Illinois this year got off to a strong start last month. The recreational sales rose 9% for a year earlier to $128 million, as reported by the Illinois Department of Financial and Professional Regulation. Analysts said that the high sales likely came from a number of

When New York lawmakers made recreational use of marijuana legal, they also made it illegal for most employers in the state to drug test workers for cannabis. Labor and employment attorneys say the new landscape is likely to cause confusion about what employers can require and what workers can

A Greater Cleveland legislator’s bill would give people arrested for driving or boating under the influence of marijuana a chance to produce evidence they weren’t impaired. That’s important because traces of marijuana can stay in the system for weeks, unlike alcohol, which typically lasts hours or

Collinsville City Manager Mitch Bair has managed a budget that’s seen between $1.5 million and $2 million in extra sales tax revenue since 2020 from the addition of recreational marijuana. But the sales tax generated from Illinois dispensaries is expected to drop as Missouri is set to approve its

NEW HAVEN - The upcoming Yale Center for the Science of Cannabis and Cannabinoids will be dedicated to study both the acute and chronic effects of cannabis on neurodevelopment and mental health, the university announced this week. The center, which will be underneath the Yale School of Medicine

COLUMBUS - Medical marijuana patients near Columbus will soon be able to pick up prescriptions without leaving their cars. Amplify is preparing to open the doors to its second dispensary in Columbus, in the Preserve North neighborhood near New Albany. The dispensary arm of Cleveland-based cannabis

NEW YORK - LeafLink, the leading wholesale cannabis platform, announced it has secured a $100 million Series D financing led by CPMG, L2 Ventures and Nosara Capital, alongside participation from existing investors. The investment will be funded in two tranches. LeafLink has implemented a series of

NEW BRITIAN - A marijuana cultivation site was approved Tuesday in New Britain after a packed meeting where dozens of neighbors voicing their opposition. The New Britain Zoning Board of Appeals unanimously approved CCC Construction’s application to turn a former Webster Bank resource center on

How an L.A. grifter ripped off his best friends and got rich with his sprawling weed scams. During his brief stint as a film actor in Manila, David Bunevacz played a sexy kidnapper named Johnny in a rollicking crime escapade, “Tusong Twosome.” In one scene, he lounges in bed with a woman in his arms

CHICAGO - People wanting to get into the cannabis business have a new chance starting Monday. The Illinois Department of Financial and Professional Regulation is accepting applications for 55 more cannabis dispensary licenses. Those licenses will be distributed to regions all across the state.

Taking its place alongside immersive museum-style exhibits from Pink Floyd to Vincent Van Gogh, the Bob Marley One Love Experience has arrived in Los Angeles at the Ovation (formerly Hollywood & Highland). The massive complex which houses the Dolby Theater, home of the Academy Awards, and the

A new study explores the effect of corporate support for cannabis research. An innovative new study challenges naïve acceptance of research funded by the cannabis industry. The study’s authors reviewed Canadian research articles available through PubMed that contained an acknowledgment of financial

Rep. William Lamberth and Sen. Richard Briggs’s bill would tax and regulate the sale of compounds like delta-9 THC in Tennessee. Tennessee leaders are again putting forth a bill that would regulate hemp-derived cannabinoids like delta-8 and delta-10 THC, after a previous attempt failed last year

This comes as Kent County police are investigating at least three break-ins at other businesses around the county. GRAND RAPIDS, Mich. — The Grand Rapids Police Department is investigating two break-ins that happened overnight at marijuana businesses. The impacted businesses are near the 1200 block