WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Local dispensaries hesitate to apply for Medical Marijuana Licenses
Business & Finance
HUNTSVILLE - While some dispensary businesses are eager to put in an application for a medical marijuana license, others are not. With heavy financial regulations, some CBD businesses are taking a second thought at providing the alternative. With the possibility of paying $40,000 in annual fees regulated by the Alabama Medical Cannabis Commission (
Charlottetown craft micro producer and Atlantic Canada Clothing Brand team up to introduce new CBD oil
Business & Finance
Charlottetown-based Retro Cannabis & Hemp Extracts, a craft micro producer, has partnered with the region’s largest clothing brand to launch East Coast Lifestyle CBD Oil. Now available in select Maritime provinces and the Yukon, the oil is made with organic extra virgin olive oil and using and boasts a clean extracted formulation, notes a statement
Quirks of Cannabis tax formula mean Heavy burden for Nevada Cultivators as Prices drop
Business & Finance
In Reno cultivator Sarah Rosenfeld’s recent experience, the top dollar a pound of marijuana bud or flower might fetch at wholesale prices is about $1,800 to $2,000, and that’s if it’s packaged and has a high concentration of the active ingredient THC. Something in bulk with less potency might be closer to $900. Original link
Vermonters prepare for Retail Cannabis Shops to open this Fall
Business & Finance
The Cannabis Control Board will be reviewing its first retail applications next week SHELDON - The Lanza Family has been focused on growing a lot of green crops on their parcel of land, tucked away in Sheldon, Vermont. "We've been growing hemp here going on three years now, going on four. Now we're also licensed for adult use cannabis," Jane Lanza
How to Have a Weed-Fueled adventure in Phoenix, Arizona
Business & Finance
The cannabis scene in Arizona is poppin’. There may not be the flash of Las Vegas dispensaries, but there’s unique destinations like the cannabis consumption-friendly Clarendon Hotel and a Scottsdale-Tempe location of Sunday Goods dispensaries that offers complimentary kombucha, cold brew, and drive-thru service. Phoenix event producer Cloth + Flam
Group pushing for Recreational Marijuana in Arkansas releases first TV Ad
Business & Finance
A new TV ad pushing for recreational marijuana is set to hit the airwaves on Wednesday (Aug. 31). Responsible Growth Arkansas (RGA) is highlighting where some of the taxes derived from recreational cannabis sales will go in this new ad. Original link
More people are turning to Hemp products for Relaxation and Relief
Business & Finance
An explosion of CBD products seems to decorate the shelves of nearly every kind of business these days, offering products from CBD honey to CBD-infused yoga pants (yes, really). It’s more than obvious that CBD has become the latest health and wellness trend. When the U.S. Congress passed the 2018 Farm Bill, it legalized industrial hemp, which helpe
'It will poison a lot of our children': Battle over marijuana heats up in Hunterdon County
Business & Finance
LEBANON TOWNSHIP - The township Planning Board is scheduled on Tuesday to start hearing an application to build a marijuana grow facility on Anthony Road, perhaps the most controversial issue in the northern Hunterdon County municipality in recent years. The application by The NAR Group, of Warren Township, to open a 20,000-square-foot medical mari
Financial entities seek to expand California Cannabis banking efforts
Business & Finance
Abaca, a financial platform for cannabis operators, and Pacific Valley Bank are partnering as a means of expanding cannabis banking access within the California market. This marks the first time since California legalized medical marijuana 26 years ago that legal operators in the industry have access to such a combination. “Many operators across th
State begins taking applications for retail Cannabis Dispensary Licenses
Business & Finance
NEW YORK—The state Office of Cannabis Management is taking applications for people interested in applying for a retail marijuana dispensary license, the board said Thursday at a virtual news conference.  The launch of the application portal for CAURD, Conditional Adult-Use Retail Dispensary Licenses, the first adult-use retail cannabis dispensaries
NY to take social equity Marijuana Applications
Business & Finance
The Hochul administration has begun accepting applications from “justice-involved” individuals for retail cannabis dispensary licenses as officials prepare to provide some of those awarded licenses with “state of the art” storefronts constructed and furnished by the state Dormitory Authority. In response to questions from CNHI, Chris Alexander, exe
Cannabis drinks market value set to grow by US$8.3 billion in 2032
Business & Finance
The global cannabis drinks market is set to grow by a value of $8.3 billion in 2032, with a compound annual growth rate (CAGR) of 37.3%, according to Future Market Insights. Cannabis is becoming more commonly used in various markets across the world to treat a variety of illnesses, including neurological disorders, epilepsy, cancer, and pain manage
Marijuana growing moratorium?: Supply and demand could lead to changes in Michigan
Business & Finance
DETROIT - Marijuana growers in Michigan are making too much product and it’s outpacing demand. In just the past year, the price for an ounce of flower went down by 44%. The Cannabis Regulatory Agency is now seeking input on how to solve the problem. "The agency has been hearing concerns that the supply of marijuana produced by licensed growers exce
Cannabis stores start shutting down, 'collateral damage' from B.C. General Employees Union strike
Business & Finance
“The economic impact is large. It just doesn't seem fair that an entire industry is going to get destroyed as collateral damage for someone else's decisions.” B.C. cannabis stores have already begun shutting down as their only supply source has been cut off by a 10-day-old B.C. General Employees Union strike at government distribution warehouses. O
Office of Cannabis Policy hosts town-hall Discussion on Industry
Business & Finance
To take the temperature of stakeholders involved, the office hopes to open up a conversation to better meet industry needs. BANGOR - To open up a conversation about the industry, the Office of Cannabis Policy hosted a listening event on Wednesday to speak on policy and questions with the public.  The town-hall style event aimed to gain a diverse pe
County eases strict Marijuana Zoning Requirements
Business & Finance
The new zoning rules make it easier to gain Pima County approval for new marijuana dispensaries, manufacturing facilities and cultivation businesses. “It aligns more closely with the city’s (Tucson) codes, as in the dimensions and setbacks,” said Chris Poirier, deputy director of Pima County development services. “Even with the Type III permits, it

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