WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Cannabis chain once worth $1.7 billion and called the ‘Apple store of weed’ is now nearly failing Image Cannabis NewsFebruary 9, 2023 A chain of cannabis stores that was once described as the “Apple store of weed” and valued as high as $1.7 billion as a public company, is near financial collapse, according to a regulatory filing as the once-hot pot
Five things businesses should know about the Maryland Recreational Cannabis bill Image Cannabis NewsFebruary 8, 2023 The first major bill outlining what the recreational cannabis market in Maryland might look like was introduced in the General Assembly on Friday. The 88-page bill goes into detail about most elements of the new legal market from lic
Cannabis industry reacts to Court Ruling Image Cannabis NewsFebruary 8, 2023 Local marijuana businesses are offering their thoughts and suggestions following a ruling by U.S. District Judge Gary Sharpe last week that could impact the roll-out of the cannabis industry in Western New York. Sharpe’s ruling upheld his previous injunction from November
2022 Cannabis in review and 2023 opportunity outlook Image Cannabis NewsFebruary 8, 2023 The cannabis industry - both domestic and international in scope, and comprised of two substantial subsectors: marijuana and hemp - started last year off strong. Namely, with a splash of high-profile M&A activity in January and February. There was tremendous pr
Huge Red Flag for the Cannabis Industry Image Cannabis NewsFebruary 8, 2023 Cannabis companies are learning the perils of trying to grow too aggressively. Cannabis companies used to be focused solely on growth at all costs. But that's not the case anymore. Investors are growing weary of businesses that aren't generating profits, and that's putting
Creator of Cannabis-themed metaverse shares his vision for the industry Image Cannabis NewsFebruary 7, 2023 The metaverse is for more than enthusiasts and consumers, it is also for the B2B community and beyond. The cannabis industry has long been fragmented, both geographically and politically. Recognizing this, Mark Bonner, CEO of Cannaverse Techn
Dozens arrested in Weed Distribution ring with orders via FedEx and UPS Image Cannabis NewsFebruary 7, 2023 Multiple law enforcement agencies shut down an illegal cannabis distribution operation with orders available via FedEx, UPS, and other means of delivery. Authorities shut down an illegal distribution operation providing prompt delivery of wee
Germany seeing sense, High Tide strikes deal with major German player Image Cannabis NewsFebruary 6, 2023 THE German Government’s refreshingly honest approach to drugs and addiction is being demonstrated with a focus on the harms of gambling, alcohol and tobacco. On coming into office it signalled its intent to overhaul the continent’s cannabis sta
Lagos tenant escapes after storing Hemp, landlord jailed Image Cannabis NewsFebruary 6, 2023 A Federal High Court sitting in Lagos has sentenced a 51-year-old landlord, Saheed Ojomu, to five-year imprisonment for allowing his tenant to use his shop to warehouse cannabis. Justice Daniel Osiagor handed down the sentence to the convict after he change
Illinois’ Marijuana sales up by 9% in January Image Cannabis NewsFebruary 6, 2023 ROCKFORD - Marijuana sales in Illinois this year got off to a strong start last month. The recreational sales rose 9% for a year earlier to $128 million, as reported by the Illinois Department of Financial and Professional Regulation. Analysts said that the high sales
Legal Marijuana and work: What to know about drug testing, policies and more Image Cannabis NewsFebruary 3, 2023 When New York lawmakers made recreational use of marijuana legal, they also made it illegal for most employers in the state to drug test workers for cannabis. Labor and employment attorneys say the new landscape is likely to cause confus
Full hearings needed on marijuana driving-under-the-influence bill Image Cannabis NewsFebruary 3, 2023 A Greater Cleveland legislator’s bill would give people arrested for driving or boating under the influence of marijuana a chance to produce evidence they weren’t impaired. That’s important because traces of marijuana can stay in the system for we
What does the start of Missouri recreational Marijuana sales mean for the Metro East? Image Cannabis NewsFebruary 3, 2023 Collinsville City Manager Mitch Bair has managed a budget that’s seen between $1.5 million and $2 million in extra sales tax revenue since 2020 from the addition of recreational marijuana. But the sales tax generated from Illino
Yale creates Cannabis research center to study impacts on mental health Image Cannabis NewsFebruary 2, 2023 NEW HAVEN - The upcoming Yale Center for the Science of Cannabis and Cannabinoids will be dedicated to study both the acute and chronic effects of cannabis on neurodevelopment and mental health, the university announced this week. The center,
Central Ohio’s first Marijuana drive-thru dispensary prepares to open Image Cannabis NewsFebruary 2, 2023 COLUMBUS - Medical marijuana patients near Columbus will soon be able to pick up prescriptions without leaving their cars. Amplify is preparing to open the doors to its second dispensary in Columbus, in the Preserve North neighborhood near New
Cannabis Technology platform LeafLink raises $100M Image Cannabis NewsFebruary 2, 2023 NEW YORK - LeafLink, the leading wholesale cannabis platform, announced it has secured a $100 million Series D financing led by CPMG, L2 Ventures and Nosara Capital, alongside participation from existing investors. The investment will be funded in two tranches. L
