WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Does New Mexico have enough water for cannabis?
420 Intel
Business & Finance
Where some see desert, Cid and Medina Isbell see opportunity. Standing on a plot on their 30-acre property just north of Madrid, they envision a greenhouse full of cannabis plants where brush, sunflowers and cactuses now grow. They are among many hopeful entrepreneurs who see New Mexico’s upcoming legal market for cannabis production and sales — se
How to Verify Your Cannabis Business Online
420 Intel
Business & Finance
Legal marijuana sales in the United States topped a new record in 2020, with a total of $20 billion. Cannabis businesses are having no problem finding a solid customer base across legalized states. However, that doesn’t mean the industry is without its challenges. Dispensaries must deal with lingering social stigmas and keep up with changing laws.
The future of hemp-derived cannabinoids
420 Intel
Business & Finance
The hemp industry has made momentous strides since Congress passed the first piece of federal legislation reintroducing American-grown hemp to the U.S. marketplace in 2014. Over the last half-decade or so, an industry has been birthed, resulting in nearly every state in the country passing some type of hemp-related legislation. While every state—ex
Surgeon General States Support for Cannabis Decriminalization
420 Intel
Medical News
Surgeon General Dr. Vivek Murthy is once again speaking out in favor of decriminalized cannabis. (image credit: Shutterstock) Surgeon General Dr. Vivek Murthy (U.S.) spoke with CNN on July 18 in an interview about the pandemic, health misinformation and a brief question about cannabis. In the interview, Murthy was asked the question “Senate Majorit
Tilray Executives Continue To Unload Shares Despite A Falling Share Price
420 Intel
Business & Finance
Following the closing of the merger between Aphria and Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY), former Tilray CEO Brendan Kennedy took a backseat to Irwin Simon who was appointed as CEO of the combined company. Originally viewed on Technical420 After the transaction closed, Tilray appointed Kennedy as a Director and a Board Member of the combined c
Amazon endorsed legal weed. Will it now fight to make it happen?
420 Intel
Business & Finance
The company’s money and power could be a game-changer for federal cannabis policy. When it announced its support for lawmakers’ efforts to decriminalize weed last month, Amazon didn’t just become the biggest company in America to back marijuana legalization, it captivated the cannabis industry in the process. Now, as bills pushing legalization rema
Medibis raises funds for research and cultivation facility, sets eyes on huge medicinal cannabis market
420 Intel
Business & Finance
Medibis partnership with Israel-based cannabis company is the first step towards launching a cannabis product in Australia, and building its cultivation facility in Toowoomba. Homegrown medicinal cannabis company, Medibis, is about to launch a range of cannabis medicines on the Australian market, following its efforts to raise funds via the crowd f
Apalachee Regional Planning Council Hopes To Strengthen Northwest Florida's Hemp Industry
420 Intel
Business & Finance
The Apalachee Regional Planning Council hopes to attract an industrial hemp processing plant to Florida's Big Bend. The council's Melissa Franklin says the nearest processing plant for the state's northwestern hemp farmers is more than three hours away. "Having a processor within range of the farmers—it's an essential component. If you can't proces
Colorado Company Scores DEA Cannabis Research Licence
420 Intel
Politics
US medical cannabis company MedPharm Holdings subsidiary MedPharm Research has been approved for a Drug Enforcement Administration (DEA) Schedule I Researcher License. Acquiring this was no mean feat as the DEA is still particularly sensitive to anything cannabis related. “It’s been a long road to getting a federally approved license,” said Albert
Kentucky Hemp Association Furious Over Delta-8 THC Raids
420 Intel
Business & Finance
The Kentucky Hemp Association (KYHA) has made its stance very clear regarding recent police raids on hemp stores in the state. The KYHA alleges State Troopers last week raided two lawful hemp retail stores, looking for Delta-8 THC products. While Delta-8 THC is a naturally occurring cannabinoid in cannabis, it is only present in very small quantiti
Canopy Growth vs. Aurora Cannabis: Which Is the Better Buy?
420 Intel
Business & Finance
Cannabis stocks were a growth machine for investors following the 2015 Canadian federal election. The hype for recreational legalization ramped up, and Liberal leaders Justin Trudeau managed to deliver on the promise. However, the reality of the rollout started to sour investors on the sector. As it stands today, the Canadian cannabis market is in
Marijuana Company of America Inc. (OTCMKTS: MCOA) Competes cDistro Acquisition
420 Intel
Business & Finance
Marijuana Company of America Inc. (OTCMKTS: MCOA) has completed a stock-for-stock acquisition of cDistro Inc. cDistro is a fast-growing distribution company in the hemp industry that will deepen Marijuana Company of America distribution footprint in North America. MCOA acquires cDistro Marijuana Company of America Inc. (OTCMKTS: MCOA) will operate
My Cannabis Brand Was Shut Down By Instagram, Here's How We Rebounded
420 Intel
Business & Finance
Originally viewed on Benzinga - Andrew Ward Cannabis companies have never had a stable relationship with social media. The tense status has made cannabis a bit scrappier regarding social marketing, coded language and geotagging. However, all too often, brands still face shadow bans, suspensions and account deletions. Pot-focused social media platfo
Vera Twomey celebrates after Dutch medicinal cannabis funded up front
420 Intel
Medical News
Campaigner fought lengthy battle to obtain Bedrocan for sick daughter Ava Vera Twomey has spoken of her joy at decision. Photograph: Nick Bradshaw   Campaigner Vera Twomey, who fought a lengthy battle to obtain medicinal cannabis for her sick daughter, Ava, has spoken of her joy after hearing the Bedrocan drug will now be funded up front. Ms Twomey
Colorado just released a big report on how cannabis legalization is going. Here’s what it found.
420 Intel
Business & Finance
As expected, marijuana-related arrests are down and tax revenue is up, but other trends are less clear. ore than seven years since Colorado became the first state to allow cannabis to be sold at stores for recreational use, pot arrests are down, marijuana-impaired driving cases are up and school expulsions are both up and down. Original link
LGB youth with depression use more cannabis, study reveals
420 Intel
Medical News
It's no secret that studies show that sexually diverse youth - in particular, lesbian, gay and bisexual (LGB) youth - use more cannabis and experience more mental health challenges than their heterosexual peers. But what about the changes that occur in the rates of cannabis use: do they precede those related to mental health or is it the other way
BUSINESS Ayr Wellness Buys Tahoe Hydroponics For $17 Million
420 Intel
Business & Finance
Ayr Wellness Inc. (OTC: AYRWF) is buying Nevada-based Tahoe Hydroponics Company, LLC in a deal valued at $17 million. It is a cash and stock deal that will consist of $5 million in cash, $3.5 million in debt, and approximately $8.5 million in stock. Original link
Tilray Executives Continue To Unload Shares Despite A Falling Share Price
420 Intel
Business & Finance
Following the closing of the merger between Aphria and Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY), former Tilray CEO Brendan Kennedy took a backseat to Irwin Simon who was appointed as CEO of the combined company. Originally viewed on Technical420 After the transaction closed, Tilray appointed Kennedy as a Director and a Board Member of the combined c

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