WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Financial entities seek to expand California Cannabis banking efforts
420 Intel
Business & Finance
Abaca, a financial platform for cannabis operators, and Pacific Valley Bank are partnering as a means of expanding cannabis banking access within the California market. This marks the first time since California legalized medical marijuana 26 years ago that legal operators in the industry have access to such a combination. “Many operators across th
State begins taking applications for retail Cannabis Dispensary Licenses
420 Intel
Business & Finance
NEW YORK—The state Office of Cannabis Management is taking applications for people interested in applying for a retail marijuana dispensary license, the board said Thursday at a virtual news conference.  The launch of the application portal for CAURD, Conditional Adult-Use Retail Dispensary Licenses, the first adult-use retail cannabis dispensaries
Recreational marijuana still banned on University Campuses
420 Intel
Cannabis News
BOZEMAN - Recreational marijuana sales became legal this year in Montana, but that doesn’t mean it’s allowed everywhere. It’s still against policy if a student 21 years or older purchases marijuana and takes it onto Montana State University or University of Montana's campus. “We certainly recognize the new dynamic with dispensaries all around campu
NY to take social equity Marijuana Applications
420 Intel
Business & Finance
The Hochul administration has begun accepting applications from “justice-involved” individuals for retail cannabis dispensary licenses as officials prepare to provide some of those awarded licenses with “state of the art” storefronts constructed and furnished by the state Dormitory Authority. In response to questions from CNHI, Chris Alexander, exe
High-Potency Marijuana More More Likely to Result in Addiction, Psychosis
420 Intel
Cannabis News
Approximately 147 million people worldwide consume cannabis, or marijuana each year; a number that continues to grow, especially in North America and Europe, according to the World Health Organization. At the same time, the cannabis available today is more potent than ever before. A systematic review published in Addiction found that levels of tetr
Young adults are using more Cannabis and Psychedelics
420 Intel
Cannabis News
'The pandemic, with all its mental stressors and turmoil, has likely contributed to the rise' Marijuana and psychedelics use among young adults has reached an all-time high, according to a federal survey. The data was collected by the National Institute of Health (NIH) and shows a jump back to form following a year of low usage of all substances fr
Cannabis drinks market value set to grow by US$8.3 billion in 2032
420 Intel
Business & Finance
The global cannabis drinks market is set to grow by a value of $8.3 billion in 2032, with a compound annual growth rate (CAGR) of 37.3%, according to Future Market Insights. Cannabis is becoming more commonly used in various markets across the world to treat a variety of illnesses, including neurological disorders, epilepsy, cancer, and pain manage
Marijuana growing moratorium?: Supply and demand could lead to changes in Michigan
420 Intel
Business & Finance
DETROIT - Marijuana growers in Michigan are making too much product and it’s outpacing demand. In just the past year, the price for an ounce of flower went down by 44%. The Cannabis Regulatory Agency is now seeking input on how to solve the problem. "The agency has been hearing concerns that the supply of marijuana produced by licensed growers exce
Medical Cannabis Market to Generate USD 54.34 Billion Globally by 2029
420 Intel
Medical News
Cannabis is now approved for treating various ailments, including restlessness, muscle tightness, persistent discomfort, and the reduction of vomiting and illness caused by chemotherapy. The majority of businesses are making rapid progress in their research into the potential of therapeutic cannabis and hemp. CHICAGO - Data Bridge Market research h
Is Delta-8 THC actually Synthetic or Natural? (And Why It Matters!)
420 Intel
Technology
The confusion as to whether it is synthetic or not comes into play when there is human involvement in the mass production of THC. This article originally appeared on Cannabis.net and has been reposted with permission. A lot of people are perplexed about the present state of things in relation to delta-8 THC. This is a cannabinoid that can be retrie
Cannabis stores start shutting down, 'collateral damage' from B.C. General Employees Union strike
420 Intel
Business & Finance
“The economic impact is large. It just doesn't seem fair that an entire industry is going to get destroyed as collateral damage for someone else's decisions.” B.C. cannabis stores have already begun shutting down as their only supply source has been cut off by a 10-day-old B.C. General Employees Union strike at government distribution warehouses. O
Office of Cannabis Policy hosts town-hall Discussion on Industry
420 Intel
Business & Finance
To take the temperature of stakeholders involved, the office hopes to open up a conversation to better meet industry needs. BANGOR - To open up a conversation about the industry, the Office of Cannabis Policy hosted a listening event on Wednesday to speak on policy and questions with the public.  The town-hall style event aimed to gain a diverse pe
Can I get a DUI for using Marijuana?
420 Intel
Cannabis News
News 6 traffic expert answers viewer questions. ORLANDO - News 6 traffic safety expert Trooper Steve Montiero answers viewer questions about the rules of the road every week, helping Orlando-area residents become better drivers by being better educated. Trooper Steve on Thursday was asked, “Can you be charged with a DUI for using marijuana?” “Yes,”
Medical Marijuana policies for Schools in the Works
420 Intel
Politics
The first day of classes is just around the corner and this year, some Rhode Island students will soon be able to take medical marijuana at school. "It's about providing health equity, student health equity,” said Linda Mendonca, President of the National Association of School Nurses and a consultant for the Rhode Island Department of Health. NBC 1
County eases strict Marijuana Zoning Requirements
420 Intel
Business & Finance
The new zoning rules make it easier to gain Pima County approval for new marijuana dispensaries, manufacturing facilities and cultivation businesses. “It aligns more closely with the city’s (Tucson) codes, as in the dimensions and setbacks,” said Chris Poirier, deputy director of Pima County development services. “Even with the Type III permits, it
Looks like Massachusetts is getting LIT
420 Intel
Business & Finance
There’s a new cannabis flower brand in Massachusetts, and it’s LIT.  Ayr Wellness, one of the largest publicly traded cannabis companies in the United States, recently announced that it partnered with Lit to bring its line of cannabis genetics to its Massachusetts dispensaries. Lit is the latest West Coast cannabis flower brand that is trying to ma
Cannabis products firm Love Hemp hit by Trading Suspension
420 Intel
Business & Finance
Temporary de-list imposed in addition to £100,000 fine reduced to £70,000. Cannabis-based products business Love Hemp has been slapped with a £100,000 fine and de-listed from alternative market Aquis Stock Exchange (AQSE) due to a fundraising issue.  The company backed by two-time world heavyweight champion boxer Anthony Joshua specialises in canna
What new Federal Investments in THC Breathalyzers mean for the Future of Testing
420 Intel
Business & Finance
Even with elaborate and accurate equipment, there are likely to be many legal battles fought over how legitimate the equipment is. As marijuana becomes legal and regulated in many states, law enforcement is often struggling to keep up with the times. There is definitely a learning curve when something that was illegal suddenly becomes legal, and th

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