WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Cannabis Companies quietly downsizing Image Cannabis NewsJuly 11, 2023 4Front and Trulieve both disclosed declines in staffing for June. Despite a quieting of headline-making layoffs in the cannabis industry over the past year, the industry continues to face challenges ranging from a robust illicit market to the lack of any progress on federal legi
Unpaid regulatory fees in Canada jump 225% Image Cannabis NewsJuly 10, 2023 Canada has seen a dramatic increase in the amount of unpaid regulatory fees owed by cannabis companies to the federal government over the last year. According to Health Canada figures published by MJBizDaily, in the fiscal year 2022-2023 overdue fees jumped by 225% from C$1
Montana’s Senate election complicates Cannabis legislation Image Cannabis NewsJuly 10, 2023 Democrats are accusing Republicans of playing politics with a package of veterans bills spearheaded by Montana Senator Jon Tester. The road for veterans’ cannabis research — and potentially control of the Senate — runs through Montana. Sen. Jon Tester (D-Mon
As more states legalize Pot, their uneven safety rules can pose a risk Image Cannabis NewsJuly 10, 2023 Tests for marijuana potency and contamination vary across state lines. Amid the growing acceptance and legalization of cannabis use across the country, a concerning reality has emerged: The state-by-state patchwork of safety regulations can leave
Ayr Wellness, well-known Cannabis advocates team to launch brand Image Cannabis NewsJuly 10, 2023 Ayr Wellness partners with Cannabis advocates Stanley Okoro and Brendon Robinson. Multistate operator Ayr Wellness is teaming up with well-known cannabis advocates Stanley Okoro and Brendon Robinson for the launch of a brand that’ll help support the li
Cannabis now and where it goes next Image Cannabis NewsJuly 10, 2023 Cannabis sales in the US are continuing their run of impressive growth. Sales hit $30 billion in 2022, and by New Frontier Data’s account they will reach between $58 billion and $70 billion by 2030 depending on the pace of legal reform. Legal cannabis is still expanding its geogra
Houston distillery is making Texas’s first Hemp seed vodka Image Cannabis NewsJuly 7, 2023 Highway Vodka is rich and flavorful - unlike your typical vodka. Vodka often goes one of two routes. Either it’s bland and boring, or it’s loaded with artificial flavors and arguably unfit for consumption (you’ll never convince me that raspberry vodka is mark
Moxie launches in Ohio Image Cannabis NewsJuly 7, 2023 Moxie, a pioneer in the world of cannabis concentrates, has officially launched its medical products in The Buckeye State. Moxie, California’s first licensed cannabis brand, has launched its premium medical cannabis products in Ohio. Moxie is one of the original, premium California-based brands
Overcoming challenges as a woman CEO in the Cannabis Industry Image Cannabis NewsJuly 7, 2023 Exploring the challenges and strategies to overcome bias is essential to fostering a more diverse and inclusive cannabis industry. THE CANNABIS INDUSTRY has experienced remarkable growth and transformation in recent years, attracting entrepreneurs and inve
Weed sales in decline in largest drop since legalization Image Cannabis NewsJuly 6, 2023 Denver reported a 22% decline in marijuana sales from 2021 to 2022 as weed sales cool across the state. DENVER — Denver's weed sales are coming down from a high – and they're coming down fast. A new report from the City and County of Denver shows a 22% decline
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization
Maryland dispensaries have record sales through first weekend of Recreational Marijuana Legalization Image Cannabis NewsJuly 6, 2023 BALTIMORE - Days after recreational cannabis became legal in Maryland, dispensaries across the state continue to see record sales. The Maryland Cannabis Administration reported $10.4 million in sales over the Fourth o
Cannabis pioneer MedMen names fifth CEO in 3 years as company teeters on brink of collapse Image Cannabis NewsJuly 6, 2023 MedMen appoints Ellen Deutsch as CEO in Last-Ditch effort to salvage company amid impending financial collapse. Cannabis firm MedMen announced Wednesday its fifth CEO since 2020 with the appointment of Ellen Deutsch, who will b
From $3k to $15k: the remarkable journey of ASX Cannabis Stock Image Cannabis NewsJuly 5, 2023 Investing in the cannabis industry has been a rollercoaster ride for many, but ASX cannabis stocks, including Incannex (ASX: IHL), have showcased remarkable growth potential in recent years. Incannex, a biopharmaceutical company specializing in cannabis-b
CBD promises health benefits without the Buzz Image Cannabis NewsJuly 5, 2023 Since Ohio legalized CBD in 2019, there has been a significant decrease in farming and producing medical hemp but an increase in the quality of CBD products and distribution. CBD – cannabidiol – is derived from medical hemp, which is a cannabis sativa plant with less than
Oklahoma Medical Cannabis firms file suit to block fee increases Image Cannabis NewsJuly 5, 2023 A group of Oklahoma cannabis advocates has challenged new higher fees assessed on the state’s medical marijuana providers. An Oklahoma cannabis activist has joined forces with three of the state’s medical marijuana providers to file a lawsuit against in
Scientists identify viroid-resistant Purple Cannabis Strain Image Cannabis NewsJuly 5, 2023 A strain of cannabis appears to be resistant to HLVd, and turns purple as it fights the viroid. While humans battle COVID, cannabis plants face an equally devastating threat: Hop latent viroid (HLVd), a viroid that occurs worldwide in hops, but in recent yea
