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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Cannabis Testing Company may lose license for falsely inflating THC levels
Business & Finance
RENO - A Las Vegas-based facility that intentionally manipulated cannabis testing results will likely face disciplinary action after state regulators denied the company’s motion to dismiss the action Tuesday. The Cannabis Compliance Board voted unanimously to reject Lettucetest LLC’s motion to dismiss disciplinary action against the company that co
Ontario made $520M from pot last year. So why do retailers say they're struggling?
Business & Finance
Ontario Cannabis Stores, the province's pot supplier, charges a 31% mark-up to retailers. The province of Ontario made more than a half a billion dollars from the cannabis industry in the last fiscal year, according to public accounts released by the government on Friday. But that $520 million is coming at least partially at the expense of struggli
An Art Gallery that sells Cannabis? How one Dispensary is Standing Out
Business & Finance
2022 has been a tough year for a lot of cannabis brands. On the one hand, more markets than ever have opened. But between inflation and taxation many are feeling the pinch. That doesn’t mean it’s all doom and gloom, some brands are standing out, and they’re doing it by exploring those new markets and having a unique business model.  On the retail s
Passage of Marijuana amendment would mean huge economic boom for State and Municipalities
Business & Finance
KANSAS CITY - When Missouri voters go to the polls in November to decide whether recreational use of marijuana should be legal there’s a lot more than pot use at stake. Approval could mean big money for the state and cities. Marijuana is estimated to be an almost two-billion-dollar market in Missouri. Most of that is due to illegal sales with no be
Florida firm Bankrolls drive to legalize Recreational Marijuana
Business & Finance
TALLAHASSEE - Florida-based Trulieve, one of the nation’s largest medical marijuana companies, has kickstarted a campaign to legalize recreational marijuana for adults in the Sunshine State. The company has contributed $10 million to date to the Smart & Safe Florida campaign to get a constitutional amendment on the 2024 ballot, and so far is its so
L.A. Times investigates California's Marijuana legalization disaster
Business & Finance
An emphasis on corruption and enforcement downplays the very real influence of regulation and taxes on California's booming black market. The Los Angeles Times has released a heavily researched, heavily reported investigation on the many, many ways that California's legalization of marijuana has been a disastrous mess. Titled "Legal Weed, Broken Pr
Retailers and growers warn of Cannabis shortage ahead of Retail sales
Business & Finance
A late start for both outdoor and indoor growers, compounded by supply chain and testing problems, will mean a limited supply of recreational cannabis available in retail stores when they start opening for business on Oct. 1, according to growers, regulators and retailers. “We’re looking at probably 20, maybe 30 outdoor licensees with product this
National advocacy group forms to give small Cannabis Businesses a voice
Business & Finance
Mark Barnett is the founder of the Maine Craft Cannabis Association, one of six state organizations part of the National Craft Cannabis Coalition. PORTLAND - After a blazing summer of sales for Maine's cannabis industry, the slow season has arrived for local stores across the state. Maine is closing in on two years of allowing adult-use or recreati
Businesses in Thailand join hands to promote Hemp industry in Asia
Business & Finance
Private businesses in Thailand are looking to network with hemp suppliers in order to capitalize on the plant’s industrial and medical potential. The Thai Industrial Hemp Trade Association (TIHTA) recently signed a cooperation agreement with 12 manufacturing industries to showcase innovations and technology related to the hemp industry later this y
Minnesota medical marijuana company sues state, seeks to sell some of its edibles on open market
Business & Finance
​Vireo Health argues its products are "chemically identical" to THC edibles derived from legal hemp.  Minnesota's new hemp-derived THC edible law is facing its first major legal challenge from one of the state's medical cannabis companies, which claims it should be able to sell its "chemically identical" marijuana edibles on the open market. Origin
Top 5 most popular types of Marijuana Packaging
Business & Finance
Here are some of the most popular and noteworthy approaches to weed packaging today to help you get a sense of how far this simple afterthought has evolved into a deciding factor in the industry. Marijuana used to come in little, difficult to open yet easy to rip baggies. If the supplier happened to be in a festive mood, maybe the bag had some tree
Midwest marijuana: Of the 2 local states where recreational weed is legal, Michigan outpaces Illinois in many areas
Business & Finance
  “Pure Michigan” may evoke visions of beaches and cherry pie to some, but for cannabis consumers, it means clouds of smoke and bargains on weed. The state’s brand is clear in the online social media site Reddit, which features a page dedicated to Illinois marijuana users — who often make longing references to Michigan’s cannabis scene. “Why can’t
East Bay city adds its first downtown Cannabis Dispensary
Business & Finance
Retail FUEL dispensary will be located at former dance studio site. ANTIOCH - Antioch has approved its first downtown cannabis dispensary after revisiting a proposal that was denied weeks earlier. Mayor Lamar Thorpe brought back the item to the council after a check with the city’s legal team revealed that City Councilwoman Monica Wilson did not ne
Cannabis data helping Regulators warm up to Industry
Business & Finance
The leading executive for a company that provides cannabis tracking software told INN that strong data is helping US state officials warm up to the industry. The leader of a cannabis-focused software company sees the industry maturing as data brings clarity to regulators. Metrc is a provider of cannabis regulatory systems in the US, offering a soft
Dozens of cities and counties could approve new Cannabis Markets this November
Business & Finance
Cities and counties across the state will give voters the option to legalize commercial marijuana markets this November, potentially creating up to 150 new licenses. At least 28 jurisdictions have cannabis ballot measures going before voters this fall. According to Marijuana Business Daily, that’s the largest cohort since California began regulatin
Water War breaks out over Cannabis Cultivation in Santa Barbara County
Business & Finance
Coalition for Responsible Cannabis Files Legal Papers Accusing 22 Cannabis Operations Wells of Improperly Drawing Water from Santa Ynez River. The Coalition for Responsible Cannabis filed an administrative action that if successful could wreak havoc on 22 major cannabis cultivation sites that are now drawing water from wells that draw from the Sant

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