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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Cannabis centre plans to 'tap into global sector'
Business & Finance
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
Business & Finance
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
Business & Finance
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
Business & Finance
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
Billions Wiped of US Cannabis Companies’ Market Value Amid Mixed Financial Performance in Q3
Business & Finance
Billions Wiped of US Cannabis Companies’ Market Value Amid Mixed Financial Performance in Q3 Image Cannabis NewsNovember 12, 2024 US cannabis companies have endured a significant selloff in the days following the results of the election, seeing $2.6bn wiped off their collective market capitalization. The selloff comes as a swathe of leading compani
Missouri’s $1.4 billion cannabis market outpaces states with older programs
Business & Finance
Missouri’s $1.4 billion cannabis market outpaces states with older programs Image Cannabis NewsNovember 12, 2024 In less than two years of selling legal recreational weed, Missouri’s cannabis market has grown to $1.4 billion — outperforming states with a longer history of marijuana legalization like Arizona, Colorado and Nevada. “Those are mature m
Italy plans to restrict nascent 'cannabis light' industry
Business & Finance
Italy plans to restrict nascent 'cannabis light' industry Image Cannabis NewsNovember 12, 2024 Italy's flourishing "cannabis light" industry risks being uprooted this year when Prime Minister Giorgia Meloni pushes a bill through parliament to deflower a crop that is legal across much of Europe. The looming legislation is part of a broad range of me
Future of recreational marijuana sales in Colorado Springs still up in the air as ballot counting continues
Business & Finance
Future of recreational marijuana sales in Colorado Springs still up in the air as ballot counting continues Image Cannabis NewsNovember 12, 2024 The future of marijuana sales in Colorado Springs hangs by a slim margin. Two initiatives on the ballot, question 2-D and question 300, are both leaning in favor of allowing recreational sales in the city
Rescheduling Cannabis: Are We Entering A New Era?
Business & Finance
Rescheduling Cannabis: Are We Entering A New Era? Image Cannabis NewsNovember 11, 2024 This article examines what rescheduling cannabis would involve, the implications for various sectors, and the potential roadblocks that could arise along the way. The rescheduling of cannabis has become a hotly debated issue at the intersection of science, medici
DE Marijuana business license winners announced, retail license lottery set for December
Business & Finance
DE Marijuana business license winners announced, retail license lottery set for December Image Cannabis NewsNovember 11, 2024 Those selected for a marijuana business license in Delaware have been officially notified and their names released to the public. The Office of the Marijuana Commissioner officially released a public list of all of those sel
Cannabis company vows to sue after New Mexico destroys tens of thousands of pounds of its marijuana crop
Business & Finance
Cannabis company vows to sue after New Mexico destroys tens of thousands of pounds of its marijuana crop Image Cannabis NewsNovember 6, 2024 State police have destroyed tens of thousands of pounds of marijuana plants at greenhouses in northwestern New Mexico, marking what regulators say is the largest seizure and destruction of cannabis in New Mexi
Company vows to sue over damages after New Mexico authorities destroy cannabis crops
Business & Finance
Company vows to sue over damages after New Mexico authorities destroy cannabis crops Image Cannabis NewsNovember 5, 2024 State police have destroyed tens of thousands of pounds of marijuana plants at greenhouses in northwestern New Mexico, marking what regulators say is the largest seizure and destruction of cannabis in New Mexico since new possess
Daywatch: Regulators approve controversial cannabis dispensary
Business & Finance
Daywatch: Regulators approve controversial cannabis dispensary Image Cannabis NewsNovember 5, 2024 Regulators have approved a controversial proposed cannabis dispensary for Chicago’s Streeterville neighborhood, despite a recommended denial from the city zoning administrator. Opponents say it is too close to a school and will delay emergency vehicle
New York’s Cannabis Market Could Top Sales of $6bn by 2027
Business & Finance
New York’s Cannabis Market Could Top Sales of $6bn by 2027 Image Cannabis NewsNovember 5, 2024 New York’s legal cannabis market could see annual sales top $6bn within two years, according to new analysis from Whitney Economics. In a new whitepaper, published by the leading cannabis business consultancy, Whitney Economics reports that the state’s ca
Judge rules law that shut down thousands of cannabis shops across New York City unconstitutional
Business & Finance
Judge rules law that shut down thousands of cannabis shops across New York City unconstitutional Image Cannabis NewsOctober 31, 2024 A Queens judge ruled Tuesday that the local law that let New York City rapidly shut down more than 1,000 businesses accused of selling cannabis without licenses is unconstitutional because it denies shop owners their
Cannabis And Professional Pickleball In First-Ever Sponsorship Deal
Business & Finance
Cannabis And Professional Pickleball In First-Ever Sponsorship Deal Image Cannabis NewsOctober 31, 2024 Trulieve Cannabis Corp. inks first cannabis sponsorship with professional pickleball leagues. Trulieve Cannabis Corp. (TCNNF) recently made history as the first official cannabis sponsor of professional pickleball. In August, the company announce

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