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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Palm Springs City Council approves new fee schedule for cannabis business violations
420 Intel
Business & Finance
The Palm Springs City Council on Thursday unanimously approved a new schedule for municipal fines that can be levied on cannabis-related businesses that violate the city rules governing them.  In 2019, Palm Springs adopted a set of revised regulations for cannabis businesses, such as dispensaries and production operations, that was motivated largel
Are These Marijuana Stocks On Your Watchlist? Here’s Why They Should Be
420 Intel
Business & Finance
A good amount of investors are looking at marijuana stocks from a different lens. What this means is a lot has changed in the sector in regards to how most cannabis stocks have been performing. Especially in the last year. Many investors at one point felt pot stocks were unstoppable in 2020 and early 2021. During this time many cannabis companies w
Don't Bogart That Joint...Uncle Sam Starts Counting Cannabis
420 Intel
Politics
The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) will mail its first Hemp Acreage and Production Survey to 20,500 farmers across the nation beginning Oct. 18. Growing and harvesting hemp became legal under the 2018 Farm Bill created and sponsored by then U.S. Congressman Mike Conaway of Midland who represe
Two men indicted for fraud linked to public hemp CBD company
420 Intel
Politics
A hemp CBD company listed on both the Canadian and Frankfurt stock exchanges was a vehicle for securities and wire fraud, according to an indictment recently returned by a federal grand jury in New York. Vitaly Fargesen and Igor Palatnik, both of New Jersey, are accused of soliciting funds based upon false and misleading representations of their co
Government to explore potential for development of hemp industry
420 Intel
Politics
The Government has started a consultation process to explore the possibilities for the development of an industrial fibre sector using hemp. Advocates for the sector including Hemp Cooperative Ireland, whose members include farmers, engineers and scientists, argue that Irish-grown hemp has significant potential as a renewable agricultural cash crop
Here’s why Snoop Dogg’s firm just invested nearly $19 million into a European cannabis startup
420 Intel
Business & Finance
AceCann, a Portuguese medical cannabis company, is receiving a €13 million ($18.7 million) investment from Casa Verde, a venture capital fund co-founded by Snoop Dogg. It is the firm’s first investment in continental Europe, according to Sifted. Original link
A dangerous kind of green: South Carolina police warn parents about heroin that looks almost like cannabis
420 Intel
Cannabis News
The Greenwood Police Department (GPD) in South Carolina issued an advisory to parents this week cautioning them about a recent discovery in which a green substance tested positive as heroin, but looked quite a bit like cannabis. The advisory posted on Facebook implores PARENTS: PLEASE READ. In a straightforward approach surely meant to get parents’
Recent ruling opens door for multi-state medicinal cannabis operators in Missouri
420 Intel
Medical News
A Thursday ruling from a federal judge changed the landscape for the medicinal cannabis market by ordering a permanent injunction against Missouri’s residency requirement. Since 2018, Missouri-based marijuana companies, such as dispensaries and manufacturing plants, have been required to be at least 51% owned by Missourians with at least one year o
Long Beach expands cannabis social equity program
420 Intel
Medical News
The Long Beach City Council this week voted to allow more cannabis dispensaries and delivery-only marijuana businesses, but asked staff to figure out how to pay for the expanded program without raising taxes. “It could potentially cripple the businesses we’re trying to lift up,” Councilman Al Austin said about the rejected tax increase. “That’s my
Marijuana sales drop in Colorado after huge surge in July
420 Intel
Business & Finance
Medical and retail marijuana sales fell in August for the second consecutive year, while the state's tax and fee revenue also declined, according to the Colorado Department of Revenue's September report.  Prior to last year, marijuana sales throughout the month of August had continuously increased from the previous month since 2014, according to th
Las Vegas cannabis industry reflects on a record year of financial growth
420 Intel
Business & Finance
Cannabis is booming. New numbers from Nevada’s Cannabis Compliance Board and Department of Taxation show the marijuana industry had more than $1 billion in taxable sales in the last year. What these figures really show is that it is a product everyone is becoming more and more comfortable with. And these gains are for the history books. “It existed
Illegal marijuana farms prompt Oregon county to declare state of emergency
420 Intel
Politics
 A county in southern Oregon says it's so overwhelmed by an increase in the number and size of illegal marijuana farms that it declared a state of emergency Wednesday, appealing to the governor and the Legislature's leaders for help. The Jackson County Board of Commissioners said law enforcement officers and county and state regulators and code enf
Doraville temporarily nips medical marijuana dispensaries in the bud
420 Intel
Politics
In anticipation of medical marijuana dispensaries coming to town, Doraville issued a temporary ban on the newly legal industry to give city leaders time to decide how they’d like to regulate it. The City Council unanimously voted Monday to issue a 90-day moratorium on businesses that sell medical cannabis, including THC oil and products. While ther
Here’s what can be done with extra weed
420 Intel
Cannabis News
While most cannabis consumers likely don’t have weed lying around the house that they don’t want to smoke, it can happen, especially if a person harvests their own marijuana or suddenly finds they have a whole lot of weed on hand. Leftover cannabis can always be stored in glass jars and dark places for later use, but, if feeling a bit more creative
Why Colorado Tokers Love Mandarin Temple
420 Intel
Cannabis News
I'm probably never going to learn how to speak Mandarin unless our future Chinese overlords say so, but I've been smoking a ton of it lately. Mandarin Cookies, Mandarin Sunset and Mandarin Dreams have all been in season at dispensaries for the better part of three years now, and there's no sign of them departing any time soon. There have been a cou
Legalize Cannabis For Adults In Ohio, State Politician Says
420 Intel
Politics
 An Ohio legislator is again trying to legalize recreational cannabis use for adults. State Rep. Jamie Callendar, from Concord, plans to introduce a bill that would make buying and using cannabis legal for Ohioans 21 and older, according to the Cincinnati Enquirer. Ohio's existing cannabis producers, who sell their product medically, would be allow
These 2 Cannabis Stocks Could Double (Or More), Says Analyst
420 Intel
Business & Finance
The past few years have seen a tremendous boost in the US cannabis industry, as 36 states have legalized the substance for medical or recreational use, or both, and several others have decriminalized it. At the Federal level, cannabis remains an illegal narcotic – but Federal law also prohibits prosecution of users who are in compliance with local
Not everyone in Arizona is getting pardoned for past marijuana offenses following Prop 207
420 Intel
Politics
 The legalization of recreational marijuana through Proposition 207 in 2020 opened a lot of doors for people with past low-level marijuana convictions. Nowadays, thousands of people have already applied for expungement under the voter-passed initiative, but not everyone can get their charges tossed out, including a Phoenix entrepreneur who says the

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