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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Colorado’s Cannabis industry has fallen on hard times. What does the future hold?
420 Intel
Business & Finance
Colorado’s Cannabis industry has fallen on hard times. What does the future hold? Image Cannabis NewsMay 22, 2023 Too much supply, not enough demand, plunging prices, a lack of cannabis tourism and more put pressure on marijuana market. The heyday of marijuana sales in Colorado — back in 2020 when recreational and medical sales topped out at a comb
Explosive texts link DeSantis to Trump insider Lev Parnas
420 Intel
Business & Finance
Explosive texts link DeSantis to Trump insider Lev Parnas Image Cannabis NewsMay 22, 2023 Ukrainian-American businessman Lev Parnas and his business partner were arrested in 2019, accused by the US government of funnelling a Russian oligarch’s money into American political campaigns. One recipient of Parnas’ donations -- Florida Governor Ron DeSant
Morocco begins legal cultivation of Cannabis
420 Intel
Business & Finance
Morocco begins legal cultivation of Cannabis Image Cannabis NewsMay 19, 2023 This month marked the start of the country’s first legal growing season for cannabis. In May 2023, the Moroccan government allowed farmers to begin cultivation of cannabis for the legal market, two years after allowing farming for medical, industrial, and export purposes (
Man arrested with nearly 300 pounds of Marijuana in rental car driving cross-country
420 Intel
Cannabis News
Man arrested with nearly 300 pounds of Marijuana in rental car driving cross-country Image Cannabis NewsMay 19, 2023 ROLLING PRAIRIE - A man who said he was transporting product across the country in a rental car for work was arrested in a small Indiana town after officers discovered the product in question was nearly 300 pounds of marijuana. Accor
In States where it’s legal, most people get their Weed from the store
420 Intel
Business & Finance
In States where it’s legal, most people get their Weed from the store Image Cannabis NewsMay 19, 2023 New survey paints a bleak picture for the traditional pot dealer in legal states. More than half of cannabis consumers in states where weed is legal get their stuff at the store, according to newly released survey data. The survey, which comes via
Local CBD stores share opposing views to Medical Cannabis on the ballot
420 Intel
Medical News
Local CBD stores share opposing views to Medical Cannabis on the ballot Image Cannabis NewsMay 19, 2023 One activist group is looking to put legalizing medical marijuana on the ballot and this isn't their first attempt. Herbal Wonder LLC employee Zack Thumann says he knows his way around the joint but despite his occupation, he’s not in support of
With $64 million voted down, can NC Cherokee Marijuana Dispensary open?
420 Intel
Business & Finance
With $64 million voted down, can NC Cherokee Marijuana Dispensary open? Image Cannabis NewsMay 19, 2023 The principal chief of the Eastern Band of Cherokee Indians says his recent veto of $64 million will affect the tribe’s plans to open a medical marijuana dispensary this summer. Chief Richard Sneed will meet in the next week with tribal officials
Medical Cannabis startup Cannaponics bags $5M record in crowdfunding raise
420 Intel
Cannabis News
Medical Cannabis startup Cannaponics bags $5M record in crowdfunding raise Image Cannabis NewsMay 19, 2023 Medical cannabis company Cannaponics has raised a record-equalling $5 million – the maximum allowed under Australian law – in an equity crowdfunding campaign via Birchal. The campaign for the West Australian startup lasted just two weeks with
Record number of US workers test positive for Cannabis
420 Intel
Business & Finance
Record number of US workers test positive for Cannabis Image Cannabis NewsMay 19, 2023 As the number of cannabis-friendly states across the US has grown, so, too, has the drug's usage among American workers. An annual analysis from Quest Diagnostics medical lab and testing company shows the percentage of general U.S. employees, who tested positive
Fluence extends its partnership with Innexo to support Cannabis Research
420 Intel
Business & Finance
Fluence extends its partnership with Innexo to support Cannabis Research Image Cannabis NewsMay 19, 2023 Fluence announced an extension of its research partnership with Dutch organization Innexo BV. (Benzinga) Innexo is leveraging Fluence’s VYPR Broad R4 LED solution to support its new Acceleration Platform for Innovation (API) program. API empower
Shocking Scandal: Alderman Exposed in Cannabis Investment Fraud!
420 Intel
Business & Finance
Shocking Scandal: Alderman Exposed in Cannabis Investment Fraud! Image Cannabis NewsMay 19, 2023 Several investors and a Colorado firm are alleging they are victims of a scheme to strip them of funds and ownership stakes in a St. Louis cannabis venture. One of their targets: newly re-elected St. Louis Alderman Bret Narayan. A lawsuit filed Friday i
Licensed Cannabis transporters say illegal deliveries are happening without consequence
420 Intel
Business & Finance
Licensed Cannabis transporters say illegal deliveries are happening without consequence Image Cannabis NewsMay 18, 2023 CHICAGO - Legally in Illinois, marijuana is supposed to be transported in a vehicle with cameras, GPS, and no rear windows or markings. But illegal deliveries are allegedly happening by those without licenses in minivans and other
Nevada Cannabis operators finally see hope with federal banking changes
420 Intel
Business & Finance
Nevada Cannabis operators finally see hope with federal banking changes Image Cannabis NewsMay 18, 2023 LAS VEGAS - Nevada’s Democratic Senators, Catherine Cortez Masto and Jacky Rosen, have both signed onto the federal SAFE Banking Act in an effort to finally overhaul federal banking restrictions on cannabis businesses. The bill had a hearing in t
Here's who's bankrolling Ohio's marijuana legalization campaign
420 Intel
Politics
Here's who's bankrolling Ohio's marijuana legalization campaign Image Cannabis NewsMay 18, 2023 More than $1.6 million has been contributed to the Coalition to Regulate Marijuana Like Alcohol's marijuana legalization campaign since 2021, according to campaign finance records. The effort's biggest backer is the Marijuana Policy Project (MPP), a Wash
Home grow Marijuana could be legal in Minnesota August 1
420 Intel
Cannabis News
Home grow Marijuana could be legal in Minnesota August 1 Image Cannabis NewsMay 18, 2023 They call it “the Immaculate Conception.” Backers of legalizing recreational marijuana often use that miraculous reference when asked how Minnesotans can grow their own plants as soon as a law takes effect if the seeds needed to do so can’t legally be imported
Woodstock approves Cannabis dispensary
420 Intel
Business & Finance
Woodstock approves Cannabis dispensary Image Cannabis NewsMay 18, 2023 No discussion took place on the item before it was voted on at City Council meeting. A new marijuana dispensary in Woodstock could open by the end of this year after the City Council approved a special use permit for one in town at its meeting Tuesday. The approval is not the fi
DEA states new rules for synthetic Cannabinoids
420 Intel
Business & Finance
DEA states new rules for synthetic Cannabinoids Image Cannabis NewsMay 18, 2023 A recent DEA presentation discusses current challenges with synthetic CBD and delta-8 THC and the possibility of rescheduling. The Drug Enforcement Administration (DEA) recently announced at the 2023 Supply Chain Conference in Houston, Texas that it will soon unveil new
Will Google Cloud's new AI Drug development tools impact the Cannabis Industry?
420 Intel
Medical News
Will Google Cloud's new AI Drug development tools impact the Cannabis Industry? Image Cannabis NewsMay 18, 2023 Google Cloud introduced two new AI-powered tools that hold the potential to revolutionize the drug development process for biotech and pharmaceutical companies. (Benzinga) With the aim of expediting the discovery and advancement of new dr

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