WeedLife News Network

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

What Does This Recent Milestone for Canadian Pot Companies Mean for Investors?

Turkish coffee. Image: Vouliagmeni via Wikimedia Commons

A new wave of legal-weed entrepreneurs wants to put the dope in your doppio. And the potential profits from a mashup of coffee and caffeine are, well, high.

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Virginia Governor Announces Plans To Legalize Recreational Marijuana

Kate Douglas packages marijuana-infused edibles at Wana Brands in Boulder, CO. Image: Paul Aiken, Daily Camera

Preliminary data released from Boulder data analysis firm BDS Analytics has confirmed what tax revenues have already shown: Coloradans love legal pot.

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People prefer getting High over CBD beauty products

Tim Blake, founder of the Emerald Cup cannabis competition, smells a sample of his Berry White strain of marijuana in a drying room at his farm. Image: Ramin Rahimian, Special to the Chronicle

While a Silicon Valley company can legally protect its most valuable technology with federal patents, cannabis companies cannot secure their core products as long as the federal government continues to classify marijuana as an illegal drug on par with heroin — one with “no accepted medical use.”

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Wiz Khalifa partners with Medical Cannabis Company 

Image: Willamette Week Staff

Small businesses depend on cheap advertising. From word of mouth to social media, cannabis dispensaries all over Oregon use Instagram, Facebook and Twitter to show their products and interact with customers and patients.

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Amsterdam City Leaders Now Discourage Cannabis Tourism

Snoop Dogg performing in Hawaii, 2005. Image: U.S. Navy via Wikimedia Commons

Tying a celebrity's name to a brand can be a big deal for marketing. You see it with sportswear and cosmetics all the time.

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Drug-dealing executives: How potheads fell in love with LinkedIn

Colorado State-Pueblo, along with Pueblo Community College, are the two institutions that students may attend using the new marijuana scholarships. Image via csupueblo.edu

DENVER — A Colorado county that boasts the world's largest outdoor marijuana farm and has been actively courting the new pot industry has approved the world's first marijuana-funded college scholarship.

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Oregon utility offers help to cannabis growers after wave of outages - Marijuana News

Cannabis buds at an indoor grow operation. Image: WeedWorthy.com

An Oregon electric utility said on Thursday that residents growing light-craving marijuana plants indoors have sparked a wave of small-scale outages, prompting the company to offer expert help in setting up their home-growing operations.

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Colorado's pot industry is a cash business. A small credit union wants to change that. – Marijuana News

Washington, D.C. welcome sign. Image: MPD01605 via Wikimedia Commons

A year ago this month, D.C. residents overwhelmingly approved a ballot initiative legalizing the possession of marijuana in the District and allowing residents to grow it at home.

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Senate Public Health & Welfare Committee hold last Medical Marijuana public hearing

Fourth Corner Credit Union building in Denver.File Image: David Zalubowski, AP
 
The Federal Reserve Bank of Kansas City has asked a federal judge in Colorado to dismiss a lawsuit filed against it by a Denver-based credit union that wants to provide financial services to the marijuana industry.
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Push For Hemp To Be Displayed In U.S. Botanic Garden

Canada cannabis flag. Image: Oren neu dag via Wikimedia Commons
Alexandra Posadzki ~ The Canadian Press via GlobalNews.ca ~
 
Friendlier laws on medical marijuana use in Canada are already drawing American investment north of the border, and the trend is likely to further ignite if the federal Liberals make good on their promise to allow recreational use of the drug.
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This Low-Impact Activity May Burn More Calories Than Walking

File image of the Fourth Corner Credit Union building in Denver. AP Photo/David Zalubowski
Kristen Wyatt ~ Associated Press
 
DENVER (AP) -- Colorado's attempt to create a bank to service its marijuana industry has received a setback from the Federal Reserve.
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Democrats push President Biden on cannabis reform ahead of midterms

Flag Map of Washington State via Wikimedia Commons
 
Washington State expects marijuana sales taxes to bring in more than $1 billion over the next four years, according to a budget forecast published by the Office of Financial Management.
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Cannabis License winners in CT spent big to come out on top

A five bladed leaf from a three month old female cannabis sativa plant. Image: Psychonaught via Wikimedia Commons
 
It didn’t take long before marijuana companies would be treated like any other company, and that means getting sued.
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Why you need a workplace marijuana policy

Advertising staff at Australian Government Printing Office, 1921. Image via Wikimedia Commons
Kathleen Burke ~ MarketWatch ~
 
 If you’re a small-business owner and marijuana has been legalized in your state, should you care?
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Amid layoffs and falling sales, Colorado’s Cannabis Industry grapples with an economic downturn

A tractor cuts a small plot of hemp at a University of Kentucky research plot near Lexington. Image: Dylan Lovan, Associated Press via Washingtonpost.com
 
Tobacco isn’t the reliable cash crop it once was. And that has hundreds of other farmers across the South revisiting a plant from deep in the region’s past: industrial hemp.
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Greece Hopes Its Economy Can Get High From Medical Weed - Cannabis News

Anthony Rivera. Image: CannaNative via Bloomberg.com
 
A possible end to the era of $20,000 of cash stuffed into bags.
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The Next "It" Ingredient in Beauty Products is Marijuana - Cannabis News

A grow room in Denver. Image: WeedWorthy.com
Elizabeth Hernandez ~ The Denver Post ~

Colorado recreational marijuana sales are close to $60 million in August 2015; medical marijuana sales climb slightly.

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How to Get High Safely During the Coronavirus Pandemic - Cannabis News

Union Cannabis represents unionized cannabis businesses in multiple states. Image: Cannabis Industry Professional Association via Statesmanjournal.com
 
At least two collective bargaining contracts between Oregon cannabis workers and the dispensaries that employ them have been signed, and more are expected to partake in collective bargaining as the industry develops.
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You can’t be fired in N.J. for failing drug test because of medical marijuana, court rules - Cannabis News

Marijuana Wellness Products, Hollywood, Portland, Oregon, 2014. Image: Another Believer via Wikimedia Commons
Nina Mehlhaf ~ KGW.com ~
 
PORTLAND, Ore. -- After just one week of recreational marijuana sales, Oregon dispensaries have raked in an estimated $11 million.
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How to Start a Cannabis Business On a Budget - Cannabis News

Phoenix business owner Ed Polish scans the cannabis on display at Green Valley Wellness on Thursday in Talent, Ore. Oregon marijuana shops began selling marijuana Thursday for the first time to recreational users. Image: Bob Pennell, The Associated Press, via SeattleTimes.com
 
Thursday marked Day 1 of recreational-marijuana sales in Oregon. The competition for customers between Portland and Vancouver, Wash., is now officially on.
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