WeedLife News Network

Michigan Marijuana firm secures $16M investment for new grow facility Image Cannabis NewsMay 9, 2024 C3 is projected to turn $250 million in revenue this year with a strong profit margin. Ann Arbor, Michigan-based cannabis operator C3 Industries closed Wednesday on a $16 million investment to construct a new 58,500-square-foot cultivation facility

What Marijuana Reclassification means for the US Cannabis Industry Image Cannabis NewsMay 9, 2024 Two of the largest cannabis companies, Curaleaf and Trulieve, will likely weigh in further on marijuana reclassification when they report earnings Thursday. The Drug Enforcement Administration (DEA) is gearing up to reclassify marijuana in the US as a

Cheech & Chong's Cannabis Company Makes Triumphant Return to Arizona Image Cannabis NewsMay 9, 2024 Homecoming High: Cheech & Chong's Cannabis Co. Reconnects with Arizona. Cheech & Chong, beloved icons in the cannabis world, proudly announce the return of Cheech and Chong's Cannabis Company products to Arizona. In partnership with OZ Cannabis and J

As the US moves to Reclassify Marijuana as a less dangerous drug, could more states legalize it? Image Cannabis NewsMay 9, 2024 A federal proposal to reclassify marijuana as a less dangerous drug has raised the hopes of some pot backers that more states will embrace cannabis. As the U.S. government moves toward reclassifying marijuana as a less dan

Thailand to criminalise use of Cannabis, drug advocacy group says 'list cigarettes, alcohol as narcotics too' Image Cannabis NewsMay 8, 2024 Thailand Plans to Re-List Cannabis as Narcotic Despite Growing Industry. The move has spawned an industry projected to be worth up to $1.2 billion by next year, as tens of thousands of cannabis shops spring up

Carlisle man grew his own Cannabis after trauma of police 'error' Image Cannabis NewsMay 8, 2024 Cannabis Grower Attributes Illegal Activity to Trauma Amid Police Error. A CANNABIS user who illegally grew the drug in his Carlisle home blamed trauma linked to a police “error” that triggered unfounded rumours of him being accused of a sex crime. Cumb

Rhode Island Cannabis Industry Awaits Potential Rescheduling Impact Amid Federal Considerations Image Cannabis NewsMay 8, 2024 Implications of Rescheduling Cannabis: Rhode Island Businesses on the Edge of Change. For the 10 years the Thomas C. Slater Compassion Center has operated, it, like other marijuana dispensaries, has confronted a significant

New York Mayor Leads Effort to Shut Down Illegal Cannabis Sales in City’s Neighborhoods Image Cannabis NewsMay 8, 2024 New York Launches 'Operation Padlock to Protect' to Crack Down on Illegal Cannabis Shops. New York authorities have launched ‘Operation Padlock to Protect’ in a renewed effort to use ‘the full force of the law’ to shut down illegal

Canopy Growth Executives Share Master Plan To Dominate U.S. Cannabis Image Cannabis NewsMay 8, 2024 Canopy Growth Expands into US Cannabis Market with Acquisitions, Sets Vision for Integration. "Canopy USA can now move quickly to acquire its U.S. assets in Wana, Jetty and Acreage, and we expect Canopy Growth to begin highlighting Canopy USA's finan

Recreational Marijuana backers try to overcome rocky history in South Dakota Image Cannabis NewsMay 8, 2024 Advocates Push to Legalize Recreational Marijuana in South Dakota, Facing Rocky History. Advocates of legalizing recreational marijuana in South Dakota, a mission with a rocky history, submitted thousands of signatures to election officials o

New Cannabis course offered at Tacoma Community College as industry grows Image Cannabis NewsMay 8, 2024 It’s been almost a decade since Washington state legalized the sale marijuana. It has now grown into a $2 billion industry creating many jobs and opportunities for thousands of people. Statewide, there are 487 cannabis retail stores, including 1

Negotiations Aim To Elevate Tribal Nations In Minnesota's Cannabis Market Image Cannabis NewsMay 8, 2024 Minnesota Tribes Engage in Cannabis Licensing Negotiations for Expanded Operations. Negotiations are underway in Minnesota to determine cannabis licensing for the state’s tribal nations. Successful discussions could enable these tribes to operat

DOH and Cannabis Commission to have key senior-level personnel changes Image Cannabis NewsMay 8, 2024 Leadership Transitions Between New Jersey Department of Health and Cannabis Regulatory Commission. Brown succeeds Ford as deputy commissioner for health systems; Riggs to become acting executive director of Cannabis Regulatory Commission. Several s

'We have a lock with your name on it', NY Warns Illegal Cannabis Image Cannabis NewsMay 8, 2024 NYC Mayor Adams Warns Illicit Cannabis Operators 'We Have A Lock With Your Name On It'. New York City Mayor Eric Adams ordered the city’s police to shut down 20 stores on Tuesday, the first day of new efforts to dismantle illicit cannabis operations in t

Minnesota Senate Approves Bill To Accelerate Licensing of Weed Businesses Image Cannabis NewsMay 7, 2024 The Minnesota Senate has approved a bill to accelerate the licensing of recreational marijuana cultivators. The Minnesota state Senate last week approved a bill to accelerate the licensing of cannabis businesses, narrowly approving the measure b

Medical Cannabis Program on the Decline in New Jersey Image Cannabis NewsMay 7, 2024 Decline in New Jersey's Medical Cannabis Program Raises Concerns Among Patients. Patient numbers are at an all-time low, and patients are facing a myriad of roadblocks, such as limited medical-only dispensaries, steep doctor’s visit fees, and more. Medical cannabis

Big Marijuana is the only winner with rescheduling Image Cannabis NewsMay 7, 2024 The Rise of Big Marijuana: Who Really Wins with Federal Rescheduling? Last week the Biden administration recommended marijuana be rescheduled from a Schedule I to a Schedule III drug, and it sent the marijuana investment markets skyrocketing. Regardless of the change,

‘We’ve drained our savings’: New York Cannabis farmers struggling to stay afloat Image Cannabis NewsMay 7, 2024 Nic Fera, part owner of Goldfinch Flora in Amsterdam, is not shy about describing the precarious nature of his cannabis crop. “It’s next to impossible to keep the cannabis operation afloat when it keeps soaking up all the revenue from our