WeedLife News Network

Huge Red Flag for the Cannabis Industry Image Cannabis NewsFebruary 8, 2023 Cannabis companies are learning the perils of trying to grow too aggressively. Cannabis companies used to be focused solely on growth at all costs. But that's not the case anymore. Investors are growing weary of businesses that aren't generating profits, and that's putting

Council approves Recreational Marijuana licensing Image Cannabis NewsFebruary 7, 2023 The Columbia City Council approved an ordinance to allow medical marijuana facilities to convert their business licenses to sell recreational marijuana. The council voted unanimously Monday to authorize medical marijuana dispensaries to convert their current licen

Science bears out the folly of rapid Marijuana legalization Image Cannabis NewsFebruary 7, 2023 Marijuana is not the harmless drug many of its advocates would have you believe, as we have pointed out. Fortunately, a growing number of lawmakers, including those who supported legalization in the past, are coming to the same conclusion based on the av

Creator of Cannabis-themed metaverse shares his vision for the industry Image Cannabis NewsFebruary 7, 2023 The metaverse is for more than enthusiasts and consumers, it is also for the B2B community and beyond. The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Techn

Dozens arrested in Weed Distribution ring with orders via FedEx and UPS Image Cannabis NewsFebruary 7, 2023 Multiple law enforcement agencies shut down an illegal cannabis distribution operation with orders available via FedEx, UPS, and other means of delivery. Authorities shut down an illegal distribution operation providing prompt delivery of wee

Dozens arrested in Weed Distribution ring with orders via FedEx and UPS Image Cannabis NewsFebruary 7, 2023 Multiple law enforcement agencies shut down an illegal cannabis distribution operation with orders available via FedEx, UPS, and other means of delivery. Authorities shut down an illegal distribution operation providing prompt delivery of wee

Opinion: The Marijuana business is doing just fine without national banking legislation Image Cannabis NewsFebruary 7, 2023 What the industry should be seeking, instead, is basic protections for youth. n a recent opinion piece published in The Sun, Mara Sheldon promotes the congressional Secure and Fair Enforcement Banking Act for the marijuana ind

Elon Musk not guilty in Tesla 420 take-private case Image Cannabis NewsFebruary 7, 2023 Jury reaches unanimous decision after two hours of deliberations. A jury has found that Telsa CEO Elon Musk and his company were not liable for misleading investors after Musk tweeted he had “funding secured” to take the company private at a price of 420 per sha

Miley Cyrus can buy herself “Flowers” Image Cannabis NewsFebruary 7, 2023 Miley Cyrus used to be one of the biggest celebrity stoners. Let's take a trip down memory lane. The singer-songwriter, musician, and actress has been a prominent public figure for years. During her time in the public eye, Miley has been quite open about her cannabis use. Alt

Germany seeing sense, High Tide strikes deal with major German player Image Cannabis NewsFebruary 6, 2023 THE German Government’s refreshingly honest approach to drugs and addiction is being demonstrated with a focus on the harms of gambling, alcohol and tobacco. On coming into office it signalled its intent to overhaul the continent’s cannabis sta

Argentina launches new Hemp and Cannabis Agency Image Cannabis NewsFebruary 6, 2023 Argentina recently launched a new national agency that aims to expand the country's cannabis industry. Ministers hope that the move will help create new jobs and exports for the South American nation. In a conference launching the national hemp and cannabis agency,

Lagos tenant escapes after storing Hemp, landlord jailed Image Cannabis NewsFebruary 6, 2023 A Federal High Court sitting in Lagos has sentenced a 51-year-old landlord, Saheed Ojomu, to five-year imprisonment for allowing his tenant to use his shop to warehouse cannabis. Justice Daniel Osiagor handed down the sentence to the convict after he change

Illinois’ Marijuana sales up by 9% in January Image Cannabis NewsFebruary 6, 2023 ROCKFORD - Marijuana sales in Illinois this year got off to a strong start last month. The recreational sales rose 9% for a year earlier to $128 million, as reported by the Illinois Department of Financial and Professional Regulation. Analysts said that the high sales

State to double number of medical Marijuana licenses Image Cannabis NewsFebruary 6, 2023 Florida health officials will accept applications for 22 medical-marijuana licenses in late April, in a long-awaited move announced Friday by Gov. Ron DeSantis’ administration. An emergency rule about the licenses generated an immediate buzz in the cannabis ind

Stuck in limbo, Cannabis entrepreneurs take on a grassroots fight for equity Image Cannabis NewsFebruary 6, 2023 In the kitchen of his Roxbury apartment, Oliver Prudent blends together chili peppers, cherries, spices and a generous helping of THC extract, the signature ingredient in his cannabis-infused hot sauce. Prudent worked behind the soundtra

Strangest Cannabis strains on the market today Image Cannabis NewsFebruary 6, 2023 You may not be able to get your hands on all of them, but these five bizarre cannabis strains are worth knowing about for their strange and unique properties. There are easily almost a thousand, if not more, cannabis strains in the world right now. And we all have at

Judge's ruling another setback for central NY Cannabis licenses Image Cannabis NewsFebruary 6, 2023 Plans to open up cannabis dispensaries in parts of New York are still on hold as a lawsuit continues to percolate in the courts. In the latest ruling, a federal judge refused to drop an injunction that stops New York from issuing conditional dispensa

Is CBD in trouble? Image Cannabis NewsFebruary 6, 2023 The FDA just refused to regulate the popular cannabis product as a dietary supplement. So, uh, buyer beware? Over the past few years, CBD has rocketed to the forefront of the wellness industry, touted as a magical elixir that can treat all sorts of maladies, including pain, anxiety, stress, sle