WeedLife News Network

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

Marijuana Industry Struggles Against Tough Politics

Image of marijuana plants
Colorado’s effort to tax marijuana as a means to help the state budget never materialized, at least financially, slowing expansion of industries supported by the drug. As attempts to approve marijuana’s use in other states and cities falters, these industries face unexpected road blocks.
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Green Business: Alaska's First Cannabis Career Fair Held in Anchorage

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This weekend, Alaska saw its first-ever job fair for careers in commercial cannabis, offering a glimpse of how the semi-legal marijuana industry is taking tentative steps towards professionalism and profits.
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Nevada Lawmakers Unanimously Approve Hemp Bill

Image of industrial hemp being harvested
CARSON CITY, NV — Lawmakers in Nevada have unanimously passed a bill to authorize hemp cultivation, sending the bill to Republican Governor Brian Sandoval for final approval.
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Marijuana Business Conference and Expo

Image of medical marijuana in child proof containers.
More than 2,000 people descended on the Hilton Chicago in the South Loop for the three-day Marijuana Business Conference and Expo.
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Colorado Marijuana Legalization 2015: Fighting The Black Market And The Everyday Challenges Of Selling Legal Weed

Image of a chart showing Colorado Recreational Marijuana Sales
DENVER -- It turns out selling weed is pretty hard. Contrary to popular belief, selling it legally, at least, isn’t all THC-infused lollipops and rainbows. Just ask David Schwartz.
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Delusional Confidence? A Report from the Marijuana Investor Summit

Sara Davidson ~ The New Yorker ~
It was the first day of the first Marijuana Investor Summit, in Denver...
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Does Anybody Want $3 Billion in Cash From Pot Sales? Big Banks Say No, Thanks

Image of Legal Marijuana plants available for sale
The U.S. government has opened a new line of business for America’s biggest banks, and for once they don’t want it. Little wonder: it’s cash from legalized marijuana.
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Feds Propose 50% Marijuana Tax - As A Tax Cut

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Should marijuana businesses pay tax on gross profits or net profits?
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The Future of Pot? Leave It to the Pros, Not the Stoners

Image of Brendan Kennedy, CEO of Privateer Holding a Cannabis Investor Group
IF YOU LIKE puns, then you’ll love the American pot industry.
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Legal Marijuana Faces Another Federal Hurdle - Taxes

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DENVER — Money was pouring into Bruce Nassau’s five Colorado marijuana shops when his accountant called with the bad news 
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Washington Sells Almost 25 Million Dollars Worth Of Recreational Marijuana In April

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The numbers are in for Washington State’s recreational marijuana sales for April 2015.
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The End Of The War On Drugs And The Emergence Of The Venture-Backed Cannabis Industry

Image of Brian Kennedy of Privateer Investments
The End of Cannabis Prohibition
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Marijuana entrepreneurs to vie for investor dollars in - Shark Tank - style event this week

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Big marijuana money is in the D.C. area this week.
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The Marijuana Industry And Its First Crossroads

Image of a greenhouse with tomatoes and marijuana growing.
Marijuana has come a long way in the United States since California launched its first-in-the-nation medical program 19 years ago.
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Cannabis investment has gone mainstream, but not in Washington

Seattle Times illustration of a marijuana leaf
Overly cautious rules on legal marijuana are driving away needed capital investment, writes columnist Jonathan Martin.
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Potential pot entrepreneurs pay for cannabis career tips at Sacramento seminar

Image of cannabis/marijuana infused products
Peter Hecht ~ The Sacramento Bee ~
Retired Silicon Valley engineer Angelo Mallol, 56, turned out Sunday for a seminar on how to start a small business – in the pot trade.
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Morris county NJ grower sowing seeds in medical cannabis

Image of Ken VandeVerde, Terra Tech
William Westhoven ~ Daily Record ~
LINCOLN PARK NJ – A longtime family agriculture business in Morris County has partnered with a publicly-traded corporation to enter a new growth business — medical marijuana.
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Image of Khadijah Adams: Marijuana Investment
Khadijah Adams: Marijuana Investment & Private Retreat ~ CASHINBIS ~
She has one of those stories that’s not only powerful, but incredibly motivational. 
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Red Flags For Entrepreneurs Considering A Legal Cannabis Franchise

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Carol Tice ~ Forbes ~
Legal Cannabis franchises are emerging -- here's why would-be entrepreneurs looking to buy a turnkey opportunity in this space should be cautious.
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5 Stunning Comments From President Obama Regarding the Potential Legalization of Marijuana

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Sean Williams ~ The Motley Fool ~
Just when marijuana supporters thought things couldn't get any better, last week brought incredible news.
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