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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
California lagging behind with Dispensary Openings
Business & Finance
California lagging behind with Dispensary Openings Image Cannabis NewsJuly 17, 2023 State-level regulations are preventing the California cannabis industry from flourishing. Since 2020, over 50 Californian states have implemented regulation to enable retail sales of adult use cannabis, however, Hirsh Jain at Ananda Strategy has highlighted that onl
Greenlane announces expansion of Groove Line
Business & Finance
Greenlane announces expansion of Groove Line Image Cannabis NewsJuly 17, 2023 Greenlane Holdings, one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the launch of the Cara+ portable concentrate device by house brand Groove. Greenlane launched the Groove
Unlicensed Cannabis shops reopen for business in defiance of state crackdown
Business & Finance
Unlicensed Cannabis shops reopen for business in defiance of state crackdown Image Cannabis NewsJuly 17, 2023 At Empire Cannabis Clubs in Chelsea, an unlicensed cannabis dispensary, law enforcement agents on Wednesday made their way inside the store, seized product and handcuffed one of its owners. During a simultaneous raid at the store’s Lower Ea
Canopy Growth shares plunge after debt reduction plan announced
Business & Finance
Canopy Growth shares plunge after debt reduction plan announced Image Cannabis NewsJuly 17, 2023 Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis compa
Backlash prompts San Diego to retreat from proposed vast expansion of where dispensaries can open
Business & Finance
Backlash prompts San Diego to retreat from proposed vast expansion of where dispensaries can open Image Cannabis NewsJuly 14, 2023 The proposal to expand zoning was scaled back, and parts of La Jolla, Mission Beach and Old Town were eliminated. SAN DIEGO - Complaints and criticism have prompted San Diego officials to back away in part from recent p
Connecticut Cannabis sales hit record high at six-month mark
Business & Finance
Connecticut Cannabis sales hit record high at six-month mark Image Cannabis NewsJuly 14, 2023 Connecticut smashes sales records as Cannabis industry flourishes: multi-state operators vie for hybrid licenses. Combined medical and adult-use cannabis sales in Connecticut hit another record high for the state in June, and multi-state operators are movi
Missouri official vows to conduct survey on Cannabis business demographics
Business & Finance
Missouri official vows to conduct survey on Cannabis business demographics Image Cannabis NewsJuly 14, 2023 A key criticism of the medical marijuana program was the Black community was left out of the cannabis industry. But the state has yet to conduct a survey to find out. For the first time, a state official has publicly vowed to push for a demog
Could Curaleaf acquire Cronos?
Business & Finance
Could Curaleaf acquire Cronos? Image Cannabis NewsJuly 13, 2023 Is a Major Acquisition Brewing in the Cannabis Industry? Any deal may have very little to do with expanding geographical boundaries. Consolidation in the cannabis industry is inevitable. Companies are struggling right now, burning through cash amid mounting losses. It may only be a mat
Facebook updates policy to allow CBD ads
Business & Finance
Facebook updates policy to allow CBD ads Image Cannabis NewsJuly 13, 2023 A Meta spokesperson clarified the implications for the new CBD-related ad policy. Major social media platforms continue to gradually warm up to cannabis. As Meta rival Twitter announced it will allow some CBD and THC ads last February, Meta is taking steps as well by continui
Cannabis start-ups likely to face banking roadblocks
Business & Finance
Cannabis start-ups likely to face banking roadblocks Image Cannabis NewsJuly 12, 2023 Any time a new industry is in its earliest stages of development, there are likely to be unforeseen obstacles. That’s certainly true of the fledgling recreational cannabis industry in Minnesota. However, among the biggest obstacles is one everyone is aware of but
Canadian study examines potency and duration of joints
Business & Finance
Canadian study examines potency and duration of joints Image Cannabis NewsJuly 12, 2023 The results of a recent study show interesting results regarding the potency of ground flower based on different particle sizes. Researchers at DELIC Labs recently published a study analyzing how the size of ground cannabis flower in today’s cannabis joints can
Leaders vote to stop new Medical Marijuana dispensaries to set up shop in West Palm Beach
Business & Finance
Leaders vote to stop new Medical Marijuana dispensaries to set up shop in West Palm Beach Image Cannabis NewsJuly 11, 2023 West Palm Beach Mayor Keith James cast the tie-breaking vote on a final motion to prohibit new medical marijuana dispensaries to open and operate in the city limits during Monday night’s meeting. In a 3-to-2 vote, the city comm
Dispensary challenges Rhode Island Cannabis law
Business & Finance
Dispensary challenges Rhode Island Cannabis law Image Cannabis NewsJuly 11, 2023 A Rhode Island cannabis dispensary is challenging the state's legalization law. The Boston Globe reported that Greenleaf Compassionate Care Center in Portsmouth is fighting the requirement that retailers must enter into labor agreements to sell recreational cannabis. W
Cannabis Legalization Bill put forward in Pennsylvania
Business & Finance
Cannabis Legalization Bill put forward in Pennsylvania Image Cannabis NewsJuly 11, 2023 Senate Bill 846 has been introduced in Pennsylvania which aims to legaise cannabis in a bis to generate tax revenue and create new jobs. The bill – introduced by Sens. Dan Laughlin (R-49) and Sharif Street (D-3) – addresses safety by setting the minimum cannabis
Kentucky’s Hemp industry is beginning to struggle
Business & Finance
Kentucky’s Hemp industry is beginning to struggle Image Cannabis NewsJuly 11, 2023 LEXINGTON - The hemp industry in Kentucky was said to be the replacement for tobacco, but it failed to meet expectations. The industry is struggling, and candidates for Kentucky Agriculture Commissioner agree that it is not in good shape. “I hope that there is a way
Arkansas Medical Marijuana sales hit record $141M in first 6 months of 2023
Business & Finance
Arkansas Medical Marijuana sales hit record $141M in first 6 months of 2023 Image Cannabis NewsJuly 11, 2023 Medical marijuana sales broke a record in the first six months of 2023, showing a progressive increase in the popularity of cannabis since the first dispensary opened four years ago. From January to June of 2023, Arkansans spent $141 million

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