WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
After a prohibition rush, marijuana businesses find fewer possible locations Image Cannabis NewsDecember 16, 2024 As Delaware moves forward with issuing recreational marijuana business licenses, many municipalities are establishing their restrictions on where these businesses can open, leaving uncertainty around where licensees will be able to oper
Nearly 70 More Adult-Use Cannabis Business Licenses Issued in New York, But Thousands Still Pending Image Cannabis NewsDecember 12, 2024 New York regulators approved 68 adult-use cannabis licenses, but more than 3,000 applications filed a year ago are still pending. That’s partially because regulators want to avoid flooding the market as state-regu
US Cannabis Industry Growth Slows to a Crawl Amid Price Compression and Delayed Federal Reform Image Cannabis NewsDecember 12, 2024 US cannabis industry revenues are set to grow just 3.2% in 2025, as price compression, difficult economic dynamics and an increasingly complex political landscape put the brakes on the sector. According to a new report
Cannabis in NY: OCM provides a year in review Image Cannabis NewsDecember 11, 2024 The Office of Cannabis Management provided a year in review by sharing an update on the cannabis industry in New York State during a Cannabis Control Board meeting. New York State currently has 261 adult-use retail stores. OCM said it is a big increase, considering t
The New York Cannabis Market Continues to Soar Image Cannabis NewsDecember 11, 2024 The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Two months ago, we provided an update regarding the state’s strong growth in adult-use sales, and this extremely bullish story has become even more bullish. Sale
Recreational marijuana sales stabilize in October following sharp September drop Image Cannabis NewsDecember 10, 2024 Arizona’s recreational marijuana market showed signs of stabilization in October, with dispensaries selling $75.3 million in adult-use cannabis products, up from September’s $67.3 million, according to the latest data from the Arizo
Press Release: Ridder announces partnership with NAVUS CEA Enterprises Image Cannabis NewsDecember 10, 2024 Ridder is proud to announce a strategic partnership with Navus CEA Enterprises, a family-funded investment company with a proven track record in controlled environment agriculture (CEA). Building on a history of successful collaborations as c
These 2 Marijuana Stocks Could Surge Under Trump's Second Term Image Cannabis NewsNovember 21, 2024 The legal cannabis market is projected to reach $102.2 billion globally by 2030, growing at a sizzling 25.7% annual rate, according to a report by Grand View Research. This dramatic growth is expected even without U.S. federal support, but that equat
Coalitions and advocates want to see marijuana decriminalized Image Cannabis NewsNovember 21, 2024 In 2022, LEX 18 reported on pushes for the decriminalization of marijuana in the commonwealth and the next year there was a lot of discussion about medical marijuana. Now, in 2025, Kentucky will begin a medical cannabis program. But advocates like Rob
Beer Industry Group Pushes Tighter Regulations For Cannabis Products—And Higher Taxes Than Are Levied On Alcohol Image Cannabis NewsNovember 20, 2024 A leading beer industry trade group has put out a statement of guiding principles to address what it calls “the proliferation of largely unregulated intoxicating hemp and cannabis products,” warning o
Two-thirds of Minnesota social equity cannabis license applicants denied for inadequate documentation, some shenanigans Image Cannabis NewsNovember 20, 2024 A lot of the rejected applicants are “zone flooders or predatory applicants or who do not meet the letter of the law around ownership requirements and expectations.” State cannabis regulators h
Michigan cannabis prices hit another record low, but industry believes turnaround imminent Image Cannabis NewsNovember 19, 2024 The price compression is largely attributed to product oversupply, but the illicit markets also plays a role. Michigan marijuana prices dropped another 6% in October, setting yet another record low and putting more pressur
Cannabis centre plans to 'tap into global sector' Image Cannabis NewsNovember 18, 2024 Cultivating medicinal cannabis on the Isle of Man provides an opportunity to "tap into a global sector”, the a firm set to build a new production facility has said. GrowLab Organics (Glo) was recently given permission by planners to construct a purpose-built comp
New York cannabis office approves a 6-month extension for CAURD provisional licenses Image Cannabis NewsNovember 13, 2024 The New York state Office of Cannabis Management approved a six-month extension for provisional licenses for retailers with former marijuana convictions who want to open a recreational store, the office announced Tuesday. Condit
Why Cronos, Curaleaf, Green Thumb, and More Cannabis Stocks Are Spiking Today Image Cannabis NewsNovember 13, 2024 Cannabis stocks got a shot in the arm today after former New Jersey governor Chris Christie said in an interview that President-elect Donald Trump’s pro-business agenda would most likely include descheduling marijuana, which would be a
Connecticut Cannabis prices fall as sales increase Image Cannabis NewsNovember 13, 2024 The average Connecticut price per gram of cannabis continued to decrease in October. While the data from last month marks the fourth straight month where prices have fallen, the number of adult-use products sold last month increased, continuing a mixed trend. Th
