WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Crypto tokens give cannabis fund a shortcut to raising capital
420 Intel
Business & Finance
Since cannabis remains illegal in much of the world, raising investment can be tricky. This week, guest writer Ken Parks takes a look at how one Luxembourg-based company with operations in Latin America is looking at a new method to solve this problem.  Using blockchain in a quest for growth A fund that invests in Latin American cannabis companies
Top marijuana stocks to buy? 3 cannabis companies to watch right now
420 Intel
Business & Finance
  Are These Marijuana Stocks Now Long-Term Investments? Which marijuana stocks will people invest in this week?. As New Jersey and New York start the sale of legal cannabis will the sector see some upward momentum? Some feel there is a chance on that day some marijuana stocks with businesses in the state could possibly see better trading. Mainly MS
Cone Denim first to launch US-grown hemp in BastCore collaboration
420 Intel
Technology
US-based Cone Denim has unveiled a new US-grown hemp denim collection in collaboration with hemp processing innovator, BastCore. Cone Denim is the first to partner with BastCore in a move it says expands its sustainable denim offerings and increases its support of the American agriculture industry, featuring denim made with Alabama hemp and US cott
Hemp, marijuana advocates push back against Youngkin crackdown
420 Intel
Politics
  Hemp advocates and civil rights activists pushed back Tuesday against a proposal by Gov. Glenn Youngkin to crack down on marijuana and popular edibles known as “Delta-8.” They say the proposal is an assault on farmers and businesses and harkens back to the decades-old “War on Drugs.” Youngkin — three months into the job — made his proposal in the
Virginia Governor signs legislation to improve medical cannabis access
420 Intel
Medical News
  The Virginia bill signed by Republican Governor Glenn Youngkin seeks to alleviate the delays experienced by many patients. The governor of Virginia on Monday signed legislation aimed at easing access to the Commonwealth’s medical cannabis program. Glenn Youngkin, the first-term Republican who took office earlier this year, signed a pair of bills,
Senators Rick Scott, James Lankford and Ted Cruz openly against federal cannabis legalization, here's why
420 Intel
Politics
The House of Representatives approved the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act, H.R. 3617 on April 1, sending it to Senate. The MORE Act removes cannabis from the federal Controlled Substances Act, allowing states to legalize cannabis, its production, and sale, free from federal interference. (Benzinga) Reaching the Senat
Khiron opens new Zerenia clinic and medical cannabis pharmacy in Colombia
420 Intel
Technology
Khiron Life Sciences Corp. is opening a new Zerenia clinic location and a new retail pharmacy in Colombia. The clinic is located in the city of Bogota, with a maximum annual capacity of 40,000 consults per year. (Benzinga) In addition, the company has opened its first retail pharmacy location within El Ensueño shopping mall. This pharmacy will allo
Local cannabis, hemp testing lab expanding near Tampa
420 Intel
Technology
  A Tampa-based, third-party testing lab for cannabis and hemp is expanding with the addition of a new Brandon facility. Method Testing Labs, founded in 2019 by cannabis industry veterans Keith Browning and Rob Radke, plan to open a 7,200-square-foot facility at 2720 Broadway Center Blvd. by July 1.  “We love the Tampa area. We did not want to move
You won't believe what cannabis company Melee Dose did with their Mutant Ape Yacht Club #4573
420 Intel
Technology
The two teamed up to create the wildest THC combo ever compressed into an edible Melee Dose announced their first product in their Melee Mutant line today. Described as Radioactive Edible Diamonds, these gummies are rumored to tout benefits like super strength, time travel, and mutation. Unfortunately, these unsubstantiated rumors lack evidence. Ho
NZ medical cannabis put on the fast-track
420 Intel
Medical News
NZ medicinal cannabis grower Puro has scored an NZD $13 million government grant to go towards “turbocharging” the country’s local industry. Running from 2022 to 2027, the $32 million initiative – Puro is kicking in the balance – will see the company develop production systems, support skills and training, and investigate contract growing pathways
The Illinois cannabis market is showing zero signs of slowing down
420 Intel
Business & Finance
Although United States (US) cannabis companies have been under pressure so far this year, we believe the market is in the early innings of hyper-growth cycle and are of the opinion that many operators (large and small) are undervalued. (Click here for article) Since 2020, several states have legalized recreational cannabis and we have been impresse
10 Great US cities for weed lovers in 2022
420 Intel
Cannabis News
  Thanks to a never-ending pandemic and more opportunities to telecommute, many Americans are picking up and moving. If you’re a weed lover, you may want to consider these cities. The last few years have proven to be times of change for many Americans, whether it’s  starting a new job or starting over in a new city. Because of this, along with the
Private businesses may not benefit much from the new recreational cannabis industry
420 Intel
Business & Finance
  Recreational marijuana is said to bring in millions of revenue for the state, but that does not mean every business will benefit from the new industry. According to the state of New Mexico, the industry will bring in $50 million in state revenue. State leaders say that it will be used for state programs such as housing, food insecurity, and econo
Despite demand, Iowa lawmakers see no future for legalizing cannabis
420 Intel
Politics
While Congressional lawmakers are taking steps toward decriminalizing cannabis, Iowa Republicans say there's no appetite for it in their caucus. Driving the news: The U.S. House passed a bill decriminalizing the possession and distribution of cannabis earlier this month — prompting Iowa activists to gather at the State Capitol and call on lawmakers
More and more women are taking CBD as a daily supplement — Here’s why
420 Intel
Medical News
With all of these benefits and more, you can’t deny that CBD is an essential supplement that women can benefit from at all stages in their lives. Demand for cannabidiol (CBD) products continues to soar in the United States. In 2020, the value of the CBD market reached $2.8 billion, according to data from Grand View Research. Its healing benefits ar
Ohio regulators want 73 new medical marijuana dispensary licenses to address demand, more double current number
420 Intel
Business & Finance
Ohio medical marijuana regulators want to double the number of dispensary licenses in the state to satisfy patient demand, which has been much higher than anticipated since the program became operational. Currently, there are 58 dispensaries throughout Ohio. Ohio Board of Pharmacy staff are working on adding 73 new dispensary licenses, said Justin
Forian BioTrack launches New Mexico traceability software for adult use cannabis
420 Intel
Technology
Bio-Tech Medical Software, Inc. subsidiary of Forian Inc. (NASDAQ: FORA), successfully completed the launch of its New Mexico state traceability system for adult-use cannabis sales. This latest state partnership demonstrates the continued expansion of Forian’s BioTrack state traceability system. BioTrack has been the traceability system for New Mex
Why marijuana stocks dropped on Thursday
420 Intel
Business & Finance
The House passed the MORE Act -- but marijuana is still far from legal. What happened Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open. Since the Marijuana Opportunity, Rei

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