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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Tide Turns in Italian Industry’s Favour as It Continues Its Fight for Survival
Business & Finance
Tide Turns in Italian Industry’s Favour as It Continues Its Fight for Survival Image Cannabis NewsFebruary 24, 2025 The Italian hemp industry has received unexpected support from the centre-right Forza Italia party, strengthening its position against an existential threat from the wider government. As the Meloni administration continues its relentl
How E-Commerce is Driving CBD Demand: Key Logistics Improvements to Note
Business & Finance
How E-Commerce is Driving CBD Demand: Key Logistics Improvements to Note Image Cannabis NewsFebruary 24, 2025 E-commerce has grown significantly in recent years, and with it, so did many industries, including recreational cannabis or CBD. The global CBD market is even expected to hit $6.91 billion by 2026. This makes it one of the fastest-growing i
Popular cannabis brand declares Chapter 11 bankruptcy
Business & Finance
Popular cannabis brand declares Chapter 11 bankruptcy Image Cannabis NewsFebruary 24, 2025 While people like to smoke (and otherwise consume marijuana, companies operating in the cannabis space have struggled. Retail sales in the cannabis space continue to rise, but brands have struggled to differentiate themselves. A number of major players have d
Unlicensed retailers provide youths with easy access to cannabis in New York City, study reveals
Business & Finance
Unlicensed retailers provide youths with easy access to cannabis in New York City, study reveals Image Cannabis NewsFebruary 24, 2025 A new study, led by researchers at Columbia University, suggests it is easy for youths to purchase cannabis from unlicensed dispensaries in New York City, despite state laws that bar access to recreational cannabis t
Communities seeing benefits of marijuana tax boom
Business & Finance
Communities seeing benefits of marijuana tax boom Image Cannabis NewsFebruary 24, 2025 ALPENA — Local governments in Michigan will receive $58,228 for every licensed marijuana business that operates in their communities. On Friday, the state government announced that this year’s allocation is slightly lower than last year, but local government offi
Asake's Partners with El Blunto to Launch High-End Cannabis Brand, GIRAN
Business & Finance
Asake's Partners with El Blunto to Launch High-End Cannabis Brand, GIRAN Image Cannabis NewsFebruary 21, 2025 LOS ANGELES, February 20, 2025 /PRNewswire/ -- El Blunto, the world's leading producer of premium blunts, has partnered with GRAMMY-nominated Afrobeats artist Asake to launch GIRAN, a high-end cannabis brand. The collaboration kicks off wit
Cannabis industry faces debt reckoning without bankruptcy help
Business & Finance
Cannabis industry faces debt reckoning without bankruptcy help Image Cannabis NewsFebruary 20, 2025 Marijuana companies face $6 billion in debt coming due next year as profits decline industrywide. Struggling cannabis companies are looking to restructure debt to stay afloat as federal legal hurdles remain seeking protection from creditors via bankr
Over 300 cannabis dispensaries open statewide
Business & Finance
Over 300 cannabis dispensaries open statewide Image Cannabis NewsFebruary 18, 2025 ROCHESTER, N.Y. — New York’s legal cannabis industry has reached a significant milestone, with over 300 licensed dispensaries now open across the state. This information comes from the Office of Cannabis Management. Most of the 307 dispensaries are located in the New
Planet 13 Continues to Grow the Iconoclast Universe
Business & Finance
Planet 13 Continues to Grow the Iconoclast Universe Image Cannabis NewsFebruary 13, 2025 [PRESS RELEASE] – LAS VEGAS, Feb. 12, 2025 – Planet 13 Holdings Inc., a leading vertically integrated multistate cannabis company, announced an exciting new partnership to co-brand, package, and produce premium cannabis products for legendary boxing champion Mi
Zyn Changed Nicotine Forever - Are Cannabis Pouches The Next Big Thing?
Business & Finance
Zyn Changed Nicotine Forever - Are Cannabis Pouches The Next Big Thing? Image Cannabis NewsFebruary 13, 2025 Philip Morris International, one of the largest tobacco companies in the world, has undergone a dramatic transformation over the past few years. As cigarette smoking continues its decades-long decline, PMI has aggressively expanded into smok
Inside The First Black And Latina-Owned Vertically Integrated Cannabis Company In The US
Business & Finance
Inside The First Black And Latina-Owned Vertically Integrated Cannabis Company In The US Image Cannabis NewsFebruary 12, 2025 In a rapidly evolving cannabis industry, where social equity remains an ongoing challenge, Standard Wellness Maryland is making history. Led by Christina Betancourt Johnson, the company is the first African American and Lati
Cannabis Producer Organigram Q1 Sales Jump 17%, Expect C$10 Million From Motif Integration, Annual Run-Rate Synergies Within Two Years
Business & Finance
Cannabis Producer Organigram Q1 Sales Jump 17%, Expect C$10 Million From Motif Integration, Annual Run-Rate Synergies Within Two Years Image Cannabis NewsFebruary 12, 2025 On Tuesday, Cannabis producer Organigram Holdings Inc reported first-quarter 2025 gross sales of CA$66.8 million, up 19% year-over-year, beating the consensus of CA$65.4 million.
Tilray Expands Medical Cannabis Portfolio in Germany
Business & Finance
Tilray Expands Medical Cannabis Portfolio in Germany Image Cannabis NewsFebruary 12, 2025 Global Leader in Medical Cannabis Launches New Cannabis Extract Products and Formulations NEUMÜNSTER, Germany, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Tilray Medical (“Tilray”), a division of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), and a global leader in m
Arizona Attempts to Force Funding of Medical Cannabis Research Through Sales Taxes
Business & Finance
Arizona Attempts to Force Funding of Medical Cannabis Research Through Sales Taxes Image Cannabis NewsFebruary 11, 2025 Arizona lawmakers are attempting to force the state’s Department of Health Services (DHS) to put millions of dollars towards medical cannabis research. Senate Bill 1230, currently making its way through the Senate, is aimed at ens
Rhode Island: Nearly $10 Million in Legal Cannabis Sold in January
Business & Finance
Rhode Island: Nearly $10 Million in Legal Cannabis Sold in January Image Cannabis NewsFebruary 11, 2025 In January, there was nearly $10 million worth of marijuana and marijuana products sold legally in Rhode Island. Licensed marijuana outlets in Rhode Island sold $9.57 million worth of marijuana between January 1 and January 31, according to the R
'Existential threat': Calif. pot industry prepares for 25% state tax increase
Business & Finance
'Existential threat': Calif. pot industry prepares for 25% state tax increase Image Cannabis NewsFebruary 10, 2025 California’s legal cannabis industry could be in for a brutal 2025. The state is considering increasing the licensing fees for legal businesses, right as a 25% tax increase looms in July. The great irony is both cost hikes are in play

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