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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Weed sales in decline in largest drop since legalization
420 Intel
Business & Finance
Weed sales in decline in largest drop since legalization Image Cannabis NewsJuly 6, 2023 Denver reported a 22% decline in marijuana sales from 2021 to 2022 as weed sales cool across the state. DENVER — Denver's weed sales are coming down from a high – and they're coming down fast. A new report from the City and County of Denver shows a 22% decline
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization
420 Intel
Business & Finance
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization Image Cannabis NewsJuly 6, 2023 BALTIMORE - Days after recreational cannabis became legal in Maryland, dispensaries across the state continue to see record sales. The Maryland Cannabis Administration reported $10.4 million in sales over the Fourth o
Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse
420 Intel
Business & Finance
Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse Image Cannabis NewsJuly 6, 2023 MedMen appoints Ellen Deutsch as CEO in Last-Ditch effort to salvage company amid impending financial collapse. Cannabis firm MedMen announced Wednesday its fifth CEO since 2020 with the appointment of Ellen Deutsch, who will b
Medical Marijuana struggles to gain foothold in Indiana
420 Intel
Medical News
Medical Marijuana struggles to gain foothold in Indiana Image Cannabis NewsJuly 5, 2023 Another legislative session passes without legalization, establishment of state program. To Indiana medical marijuana supporters, it seems like popular opinion is on their side to see the state create a program to potentially help thousands of Hoosiers and estab
From $3k to $15k: the remarkable journey of ASX Cannabis Stock
420 Intel
Business & Finance
From $3k to $15k: the remarkable journey of ASX Cannabis Stock Image Cannabis NewsJuly 5, 2023 Investing in the cannabis industry has been a rollercoaster ride for many, but ASX cannabis stocks, including Incannex (ASX: IHL), have showcased remarkable growth potential in recent years. Incannex, a biopharmaceutical company specializing in cannabis-b
RFK Jr. wants to decriminalize Pot
420 Intel
Cannabis News
RFK Jr. wants to decriminalize Pot Image Cannabis NewsJuly 5, 2023 The long-shot presidential candidate made the comments on the campaign trail last week. Robert F. Kennedy Jr. vowed to make major drug reform a reality should his long-shot presidential bid land him in the White House. In an interview last Thursday, Kennedy, who is challenging Presi
CBD promises health benefits without the Buzz
420 Intel
Cannabis News
CBD promises health benefits without the Buzz Image Cannabis NewsJuly 5, 2023 Since Ohio legalized CBD in 2019, there has been a significant decrease in farming and producing medical hemp but an increase in the quality of CBD products and distribution. CBD – cannabidiol – is derived from medical hemp, which is a cannabis sativa plant with less than
CBD promises health benefits without the Buzz
420 Intel
Business & Finance
CBD promises health benefits without the Buzz Image Cannabis NewsJuly 5, 2023 Since Ohio legalized CBD in 2019, there has been a significant decrease in farming and producing medical hemp but an increase in the quality of CBD products and distribution. CBD – cannabidiol – is derived from medical hemp, which is a cannabis sativa plant with less than
CBD promises health benefits without the Buzz
420 Intel
Technology
CBD promises health benefits without the Buzz Image Cannabis NewsJuly 5, 2023 Since Ohio legalized CBD in 2019, there has been a significant decrease in farming and producing medical hemp but an increase in the quality of CBD products and distribution. CBD – cannabidiol – is derived from medical hemp, which is a cannabis sativa plant with less than
Oklahoma Medical Cannabis firms file suit to block fee increases
420 Intel
Medical News
Oklahoma Medical Cannabis firms file suit to block fee increases Image Cannabis NewsJuly 5, 2023 A group of Oklahoma cannabis advocates has challenged new higher fees assessed on the state’s medical marijuana providers. An Oklahoma cannabis activist has joined forces with three of the state’s medical marijuana providers to file a lawsuit against in
Oklahoma Medical Cannabis firms file suit to block fee increases
420 Intel
Business & Finance
Oklahoma Medical Cannabis firms file suit to block fee increases Image Cannabis NewsJuly 5, 2023 A group of Oklahoma cannabis advocates has challenged new higher fees assessed on the state’s medical marijuana providers. An Oklahoma cannabis activist has joined forces with three of the state’s medical marijuana providers to file a lawsuit against in
Scientists Identify Viroid-Resistant Purple Cannabis Strain
420 Intel
Technology
Scientists Identify Viroid-Resistant Purple Cannabis Strain Image Cannabis NewsJuly 5, 2023 A strain of cannabis appears to be resistant to HLVd, and turns purple as it fights the viroid. While humans battle COVID, cannabis plants face an equally devastating threat: Hop latent viroid (HLVd), a viroid that occurs worldwide in hops, but in recent yea
Scientists identify viroid-resistant Purple Cannabis Strain
420 Intel
Business & Finance
Scientists identify viroid-resistant Purple Cannabis Strain Image Cannabis NewsJuly 5, 2023 A strain of cannabis appears to be resistant to HLVd, and turns purple as it fights the viroid. While humans battle COVID, cannabis plants face an equally devastating threat: Hop latent viroid (HLVd), a viroid that occurs worldwide in hops, but in recent yea
The push for Legal Weed faces hostile ground in red states
420 Intel
Politics
The push for Legal Weed faces hostile ground in red states Image Cannabis NewsJuly 5, 2023 Legalization efforts are increasingly focused on staunchly conservative states more resistant to loosening marijuana rules. Weed legalization advocates are running out of friendly territory. The movement has swept the country over the last decade: Nearly half
DeSantis signs bill prohibiting Medical Marijuana
420 Intel
Politics
DeSantis signs bill prohibiting Medical Marijuana Image Cannabis NewsJuly 5, 2023 Florida Governor Ron DeSantis Signs Bill Banning Medical Marijuana in Sober Living Facilities, Sparking Controversy. Florida Gov Ron DeSantis, a 2024 Republican presidential candidate, has signed a bill that expressly prohibits sober living facilities from allowing re
DeSantis signs bill prohibiting Medical Marijuana
420 Intel
Medical News
DeSantis signs bill prohibiting Medical Marijuana Image Cannabis NewsJuly 5, 2023 Florida Governor Ron DeSantis Signs Bill Banning Medical Marijuana in Sober Living Facilities, Sparking Controversy. Florida Gov Ron DeSantis, a 2024 Republican presidential candidate, has signed a bill that expressly prohibits sober living facilities from allowing re
Zelensky urges Ukraine’s parliament to legalize Medical Cannabis
420 Intel
Business & Finance
Zelensky urges Ukraine’s parliament to legalize Medical Cannabis Image Cannabis NewsJuly 5, 2023 Ukraine's President Volodymyr Zelensky calls MPs to speed the process to legalize medical cannabis amid the war against Russia’s invasion. In a speech in front of the Verkhovna Rada, the unicameral Parliament of Ukraine, on the occasion of Constitution
Ohio has plenty of Medical Pot but not enough buyers
420 Intel
Business & Finance
Ohio has plenty of Medical Pot but not enough buyers Image Cannabis NewsJuly 5, 2023 Ohio has plenty of medical marijuana but not enough people buying it. Levels of marijuana flower ready for sale as well as bulk flower held by suppliers — bulk material could be sold as flower or processed into other products — have each about doubled in the year b

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