WeedLife News Network

Tilray CEO Irwin Simon: 2024 Election Likely To Drive U.S. Cannabis Legalization, No Matter Who Wins Image Cannabis NewsOctober 11, 2024 Tilray CEO Irwin Simon predicts that the 2024 U.S. presidential election could lead to regulatory reforms benefiting the cannabis industry. As the 2024 presidential elections draw nearer, Irwin Simon, CEO of Tilra

Epic Cannabis Fails You Should Know About: MedMen, Eaze And Others Go Down In California Meltdowns Image Cannabis NewsOctober 11, 2024 MedMen was once celebrated as the 'Apple Store of Weed and reached a $2 billion valuation. By April 2024, MedMen had filed for bankruptcy. As California's cannabis market expanded after legalization, several leading

“Even if you grow the best weed in the world, there’s still competition" Image Cannabis NewsOctober 11, 2024 Craft grower Dave Holmes guides us through his facility, where several rooms have been retrofitted with Fluence LEDs. "Even if you grow the best weed in the world, there's still competition, and prices are being pressured downward. So, we kn

Cannabis Giant Canopy Expands US Presence With Acquisition Of Top Edibles Brand: What It Means For Investors Image Cannabis NewsOctober 10, 2024 The deal includes Wana Wellness, LLC, The CIMA Group, LLC and Mountain High Products, LLC. Canopy Growth Corporation announced on Wednesday that Canopy USA, LLC has completed its acquisition of Wana. The d

Nasdaq-Listed Cannabis Company Eyes Germany's New Hemp Legislation With Intense Interest Image Cannabis NewsOctober 10, 2024 Flora Growth is eyeing Germany's new hemp legislation as a major opportunity, with plans to enter the market soon. Publicly traded Flora Growth Corp. is closely monitoring Germany's newly approved legislation on industrial he

Forget Trump Vs. Harris – Florida's Biggest Election Battle Is Over Cannabis, And It's Costing Millions Image Cannabis NewsOctober 10, 2024 With over $100 million spent on two amendments, it’s clear cannabis and abortion are capturing the attention and dollars of Florida voters. Cannabis Legalization Draws More Ad Dollars Than Presidential Race As

US (MO): Appeals court hears sales tax case Image Cannabis NewsOctober 10, 2024 The court debate Tuesday over how Missouri marijuana products get taxed statewide sounded similar to a grammar class on conjunctions and comma placement. The constitutional amendment voters approved in 2022 legalizing recreational marijuana allowed local governments to

Hemp industry in California fights emergency regulations Image Cannabis NewsOctober 10, 2024 Jonathan Miller: "We were shocked by the new emergency regulations." The hemp industry in California is under rising pressure after Governor Gavin Newsom issued emergency regulations that effectively hinder further development of the industry, according to

New York City announces launch of loan fund applications Image Cannabis NewsOctober 10, 2024 Today, New York City Department of Small Business Services (SBS) Commissioner Dynishal Gross, New York City Economic Development Corporation (NYCEDC) President Andrew Kimball, and Cannabis NYC Founding Director Dasheeda Dawson announced that applications ar

Canapa Expands Portfolio with Comac Beverage Processing and Filling Solutions Image Cannabis NewsOctober 10, 2024 Canapa by Paxiom is excited to announce the addition of Comac Beverage processing and filling solutions to its robust portfolio of cannabis packaging machinery. This strategic expansion allows Canapa to offer a comprehensive range of so

Gov. Newsom's Total Ban On Hemp THC Could Crush California's Billion-Dollar Industry, Say Stakeholders (UPDATED) Image Cannabis NewsOctober 9, 2024 Newsom: 'We will not sit on our hands as drug peddlers target our children with dangerous and unregulated hemp products containing THC.' Editor’s note: This story has been updated to include reactions f

Ross Gerber Sees 'Tsunami Of Money' Pouring Into Cannabis Companies Upon Federal Legalization, Says Cannabis Is One Of 'Biggest' Opportunities Beyond AI Image Cannabis NewsOctober 9, 2024 Ross Gerber says cannabis is one of the biggest opportunities for investors that exists today outside of AI. Ross Gerber, co-founder, president and CEO of Gerber

Crafting A 'Mixed Martial Arts' Plant: Texas Scientists Develop Drought-Resistant Hemp Strain Image Cannabis NewsOctober 9, 2024 Texas A&M's hemp breeding program has developed a drought-resistant hemp strains suited for extreme conditions. Researchers at Texas A&M’s hemp-breeding program have achieved a unique milestone in their quest to develop s

Tax Changes Could Unlock 'Hundreds Of Millions In Cash Flow' For Cannabis Sector, Experts Predict Image Cannabis NewsOctober 9, 2024 Aaron Grey said at Benzinga's Cannabis Capital Conference that the removal of 280E will be transformative for cannabis operators. “The fall of 280E will be the single most impactful moment for cannabis operators in de

It's Your Constitutional Right: How You Can Break The Senate's Block On Cannabis Legalization Image Cannabis NewsOctober 9, 2024 This election could see further expansion in states like Florida, North Dakota, and South Dakota. As the 2024 elections approach, the Marijuana Policy Project (MPP) released its annual voter guide to inform citizens about

Elon Musk's X Is 'Safe Space' To Say Weed: 'The Only Social Platform Where You Can Talk About Cannabis Openly' Image Cannabis NewsOctober 9, 2024 The head of cannabis at X shares the vision of the platform and the opportunity for cannabis companies at a Benzinga event. Alexa Alianiello, who serves as the head of cannabis at X, welcomes the idea her

California's New Hemp Rules Could Reshape Cannabis: 'A Different Set Of Rules In Every State' Image Cannabis NewsOctober 7, 2024 California's new restrictions on the sale of hemp products have sparked debate within the cannabis community. As California moves forward with emergency regulations on hemp, concerns are growing about the potential conseq

California's Hemp Restrictions Spark Industry Debate: 'Banning This Category Is Better For The Market,' Says Expert Image Cannabis NewsOctober 7, 2024 California's emergency hemp ban raises concerns about impact on businesses and consumers. California's recent emergency rules severely limiting hemp-derived products are making waves across the canna