WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Recreational Cannabis is now legal in Minnesota. Here’s what we know Image Cannabis NewsAugust 1, 2023 Cannabis is now legal for adults 21 and older to use and possess in Minnesota, making it the 23rd state in the country to legalize cannabis for recreational use. The first dispensary selling marijuana for recreational use is now open and selling t
NY shuts down alleged unlicensed Cannabis shops Image Cannabis NewsAugust 1, 2023 New York officials have shut down what they call seven unlicensed cannabis dispensaries in the western part of the state. New York officials shut down what they called seven unlicensed cannabis dispensaries in the western part of the state Monday, alleging the owner i
$2 Billion Cannabis merger goes up in smoke Image Cannabis NewsAugust 1, 2023 Cannabis companies Cresco, Columbia Care call off $2 billion merger as industry awaits banking reform. A $2 billion mega-deal between cannabis multistate operators Cresco Labs and Columbia Care has gone up in smoke more than a year after the companies announced the acquis
Hemp shop shutters Richmond-based retail and grow operations to move out of state Image Cannabis NewsJuly 31, 2023 Another local CBD shop has closed its doors in search of greener, less heavily regulated pastures outside Virginia. Old Manchester Hemp Co. shuttered its retail storefront and hemp-growing facility at 1308 Hull St. on June 30, the day
Just because Marijuana is legal doesn't mean it's welcome Image Cannabis NewsJuly 31, 2023 We the people, residents of Menominee, Michigan have the LEGAL right to live peacefully and safely in the city free of the invasion, infestation of the onslaught of marijuana drug dealers. Just because it was made legal in the state of Michigan is by no means
Minnesota Republicans call for special session to address Cannabis legalization Image Cannabis NewsJuly 31, 2023 Minnesota Republicans requested a special session to address their concerns about the recreational cannabis legislation just days before it's set to be legalized for adult use on Aug 1. Twenty Republican lawmakers sent a letter to Gov. T
Illinois: one of most expensive and least diverse Cannabis markets in US Image Cannabis NewsJuly 31, 2023 As one of the largest cannabis markets in the US, Illinois still offers many opportunities for entrepreneurs. The Illinois marijuana market is one of the most expensive in the nation and among the smallest as far as the number of brands – but i
Connecticut's first cannabis grower Theraplant sold Image Cannabis NewsJuly 31, 2023 One of the state’s four active cannabis producers has new ownership following foreclosure proceedings, according to a filing with the Securities and Exchange Commission. The new owners of Theraplant is a company called NewCo, which is a subsidiary of East Hampton N
New York City ranks as Top Cannabis-Consuming city in the World Image Cannabis NewsJuly 31, 2023 While the Empire State has yet to fully get its adult-use cannabis program off the ground, that isn’t stopping residents from getting their smoke on. And research proves it! According to a new study, New York City consumes more cannabis out of any city
New law paves way for Black farmers’ Marijuana licenses Image Cannabis NewsJuly 27, 2023 Two Black farmers have received licenses to grow, process and sell medical marijuana, after a new state law helped clear the way for the long-awaited licenses. The Florida Department of Health issued the licenses July 11 to Suwannee County farmer Terry Donnell
CBD liquid products often short on CBD Image Cannabis NewsJuly 27, 2023 “Few products had measured CBD concentrations within 10 percent of advertised concentrations,” according to a new study out of Britain. Some CBD products may not be all they seem, according to newly published analysis. Researchers from the United Kingdom assessed a variety of C
Jim Belushi's Cannabis brand to make debut in New Mexico Image Cannabis NewsJuly 27, 2023 Jim Belushi, the Hollywood actor turned cannabis farmer, is moving into New Mexico through a partnership with dispensary chain Seven Clover. Belushi’s Farm, the actor’s Eagle Point, Oregon-based cannabis brand, was soft launched in Seven Clover stores June 28.
Tilray stock surges after Cannabis company improves bottom line Image Cannabis NewsJuly 27, 2023 Tilray Brands shares spiked Wednesday after the Canadian cannabis producer reported a narrower loss for its fiscal fourth quarter than a year ago and a solid revenue beat. The stock closed nearly 15% higher Wednesday. While a Canadian company, Tilray ha
Mastercard blocks marijuana transactions Image Cannabis NewsJuly 27, 2023 Mastercard has told financial institutions to stop allowing marijuana transactions on its debit cards, dealing a blow to an industry already on the fringes of the financial system in the United States. Most banks in the country do not service cannabis companies as marijuana r
BC oversight of Cannabis stores falling short Image Cannabis NewsJuly 26, 2023 Audit finds regulation branch lacks staff and tools to ensure laws are followed. British Columbia government auditors found the provincial branch responsible for ensuring licensed cannabis retail stores follow the law is understaffed and lacks key tools to do the job. Wi
Massachusetts Cannabis social equity fund at $0 year after launch Image Cannabis NewsJuly 26, 2023 The fund was approved by lawmakers last year. A fund created by Massachusetts state lawmakers last year to subsidize equity-owned cannabis businesses there remains empty, according to a report. Boston Business Journal reports that a “bill passed by th
