WeedLife News Network

Wells Fargo just shouted "sell!" -- but investors bought cannabis stocks instead. What happened A funny thing happened in the cannabis market today. Analysts at investment bank Wells Fargo initiated coverage across the sector, warning of overvaluation among marijuana companies and suggesting investors turn their attention to hydroponics suppliers i

City attorney asked to analyze current guidelines Upon returning to its cannabis business ordinance Tuesday, the Chico City Council made the decision to ask City Attorney Vince Ewing to analyze what is currently in place and return with some new ideas. The item was brought forward by Mayor Andrew Coolidge as a way to look beyond dispensaries toward

Oklahoma County authorities found two moonshine stills and a marijuana grow in the home of a Harrah man after a four-hour standoff Wednesday afternoon. The negotiator KFOR spoke with, Michael Davenport, said the call started out as a suicidal person. After some time on the phone with the man, it came to a peaceful end. “I don’t know if he’s a good

Brookfield Township Police confirmed a driver was arrested after a traffic stop lead to officers finding various suspected drugs on Dec. 9. BTPD stated officers pulled over a vehicle driving from Farrell to Warren for a marked lanes violation. Officers detected criminal indicators and a probable search cause was conducted on the vehicle, according

State Sen. Mike McGuire said Wednesday he plans to introduce legislation early next year to eliminate the state cultivation tax paid by cannabis growers, a favored target of the industry. “We need to take a close look at the overall tax rate and whether it is impeding the overall growth of the cannabis market,” he said. “The bottom line is this: Cu

Marijuana works best when done as a communal activity. Here are some basic guidelines to follow if you’re interested in getting invited to these kinds of things. Marijuana is usually a communal activity, at least when you’re first starting off. While seasoned cannabis users tend to smoke cannabis on their own, there’s always that moment of having c

Luxembourg has been widely anticipated to lead the recreational discussion in Europe, but now it seems they may be giving up the lead. There is a very funny thing about the European cannabis discussion right now, particularly as the news of the German decision to proceed with recreational reform has emerged with the formal creation of the next coal

ASUI passed resolutions on medical marijuana and Boise State Professor Scott Yenor ASUI passed a slew of legislation Wednesday and held its first meeting for spring semester senators, including supporting Boise State University countering sexism and legalizing medical marijuana.  ASUI introduced and passed a resolution supporting Boise State Univer

Kentucky is ending 2021 on a high note. At least when it comes to the economy, according to Governor Andy Beshear. The Bluegrass Governor told 44News, by the end of the year, new capital investments in the state will near $11 Billion. That is roughly double the annual investment Kentucky sees in a normal year. That investment will create nearly 16,

Cannabinoids (CBD) can reduce tumor growth, reduce tumor invasion and can also increase the potency of certain drugs used to treat Cancer. The popularity of Cannabinoids (CBD) is growing at a rapid speed that by now, you have probably heard of CBD or other CBD-infused products in treating chronic conditions like pain, anxiety, depression, joint pai

The town of Hartford will be holding an informational meeting on cannabis legislation next week. The Hartford Selectboard and Hartford Community Coalition want to hear from you in a town hall scheduled for Monday. They say the state legislature and Vermont Cannabis Control Board are in the process of developing ordinances and policies for a regulat

Not every part of the industry sees business heat up during the holiday season. For some, like those in cultivation and packaging, it marks a wind-down on work and profits. The holiday season is underway and so too are sales. The cannabis industry is no exception, with December sales expected to be strong once again. Data firm LeafLink reports that

Grasshopper co-founders on the tool you need to streamline bulk cannabis packing processes. Often the best inventions and innovations are born out of necessity—which is exactly what sparked the creation and development of the Grasshopper. Grasshopper Co-founders Luke Daly and Jesse Bloomfield shared why they had to build the tool they needed—becaus

A proposed $10,000 fee for licenses to grow, store or sell cannabis was flagged as possibly problematic by Red Bank’s borough attorney last week. At the council’s workshop meeting last week, community planning Director Shawna Ebanks suggested an amendment to a recently enacted cannabis ordinance to create a licensing procedure and fee. Original lin

Environmental regulators found no evidence that the pesticides used on an Encinitas hemp farm impacted the health of its neighboring residents, but the investigation prompted by the neighbors’ complaints did find the hemp farm operator was misusing pesticides. San Diego County conducted the investigation after neighbors complained for months of nau

In 2021, home delivery of cannabis rolled out in Massachusetts as the state’s industry surpassed $2 billion in gross sales and hit the fifth anniversary of recreational legalization. Original link

Montgomery city leaders are taking steps to bring a medical cannabis dispensary to the capital city. On Tuesday, council members unanimously approved an ordinance authorizing the operation of a medical cannabis dispensary within city limits. The law recently passed in the legislature allows for five dispensaries across the state. City leaders say t

Pecos Valley Production (PVP), a New Mexico medical cannabis company, has announced that their most recent fundraiser and partnership with the Anita Salas Memorial Fund generated an unexpected and philanthropic amount of money. During the month of October, PVP focused on raising money by educating their medical cannabis patients and ultimately aski