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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Massachusetts lawmakers OK measure to provide capital to social equity Cannabis Licensees
Business & Finance
Massachusetts Governor Charlie Baker is expected to sign into law S.3096, a measure aimed at supporting the 900 people harmed by the War on Drugs that have been enrolled in the commonwealth's social equity program as well as future members of the program. The measure sets aside 15% of the revenue in the state's marijuana regulation fund generated b
Three Springfield businesses awarded conditional cannabis licenses
Business & Finance
Among the 177 issued conditional adult-use cannabis dispensing licenses announced recently by Gov. JB Pritzker were three Springfield-based operations looking to open their doors in the coming months. Herban Quality Control, Dealership LLC, and Bolden Investments III LLC now have 180 days to find a physical storefront before being issued a full lic
Lawsuit: Shops in Catoosa, Dade Counties claim legal right to sell products with THC
Business & Finance
CATOOSA COUNTY, Ga. — A new lawsuit in Georgia seeks a court order declaring that a chemical related to the main intoxicating ingredient in pot is legal under state law. Owners of two shops in northwest Georgia are hoping to get a court to order a local sheriff and a drug task force to let them sell chemicals containing hemp that are now considered
What does a Cannabis Testing lab do? New Grand Rapids Lab tells us
Business & Finance
Hummingbird Labs is opening on Division Avenue Southeast, to make sure cannabis products are safe before being sold in stores. GRAND RAPIDS, Mich. — A new business is taking shape on the south side of Grand Rapids — a cannabis testing facility to make sure products are safe before being sold in Michigan stores. Hummingbird Labs will be the first Af
Stafford man jailed after £30,000 of Cannabis Discovered due to House Fire
Business & Finance
A man has been jailed for more than four years after £30,000 worth of cannabis was found at the scene of a house fire in Stafford. Staffordshire fire crews had attended a house fire on Taplin Close on April 29, 2020, and alerted police of a possible drugs set-up inside. They raised concerns after spotting dangerous electrical wiring running from fu
Denver’s marijuana tax revenue Increased by 3 % Last Year
Business & Finance
Denver's tax revenue from marijuana sales increased 3 percent in 2021 to $72.4 million, according to the city's annual marijuana tax report.  The figures come as Colorado's marijuana industry is facing a slowdown. So far this year, more than $759 million of marijuana has been sold in Colorado compared to the $962 million sold around the state in th
Colorado regulators won’t sanction job-seekers with out-of-state cannabis convictions
Business & Finance
State agencies also won't cooperate in any out-of-state investigations into lawful marijuana conduct that occurs in Colorado. Gov. Jared Polis last week vowed by executive order that Colorado will not hold out-of-state convictions for most marijuana-related offenses against people applying for professional licenses here. The Boulder Democrat wrote
Weed? Useful crop? Only time can tell where ag will go
Business & Finance
Township weed officers once sought out dangerous weeds. Some now noxious weeds were imported on purpose. Hemp has gone through cycles of use. Where ag will go, Mychal Wilmes says, is hard to guess. Leafy spurge is a common noxious weed now, but it was brought to North America as an ornamental plant by settlers. The plants with small yellow flowers
The Canadian Cannabis Retail Landscape is starting to show signs of Significant Growth
Business & Finance
Earnings season is just getting started for the cannabis sector and we hope to see a positive response from the market to company results. Last week, Statistics Canada announced that $292.1 million (USD) (C$375.8 million) of recreational cannabis was sold in May. This amount is less than 1% higher than the amount of sales in April and we are favora
Existing drug tests can detect delta-8-THC--the latest cannabis craze
Business & Finance
New findings presented at the 2022 AACC Annual Scientific Meeting. As the cannabis derivative delta-8-THC grows in popularity, it's important for drug tests to be able to detect and differentiate it from delta-9-THC—the primary psychoactive ingredient in cannabis. Breaking research showcased at the 2022 AACC Annual Scientific Meeting & Clinical Lab
Unity Rd. opens medical cannabis establishment in South Dakota
Business & Finance
Unity Rd., the national cannabis dispensary franchise from Item 9 Labs Corp., is opening medical cannabis establishment, in South Dakota on July 27 with local entrepreneurs, B.J. Olson and Adam Jorgensen. The new shop is located in the Sioux Falls suburb of Hartford at 404 West Opal Lane. (Benzinga) Original link
Declining cannabis prices
Business & Finance
In an inflationary period where the prices of most products are on the rise, why is it that cannabis seems unaffected? The question surrounding this is, “Is cannabis inflation-proof or are there other factors in play?” Historically, the price for a gram of cannabis has been around the $10 and $20 range, and on up. Nowadays, consumers can find canna
Hero Technologies adopts marijuana-related business banking
Business & Finance
Hero Technologies a cannabis company focused on a "seed-to-sale" vertical integration strategy, has migrated its banking operations from traditional financial institutions to banks that specialize in marijuana-related businesses (MRB). The company expects that the move to MRB banks will facilitate its compliance with state and federal financial reg
Flora Growth CEO meets with Colombian Senator as bill to legalize recreational cannabis is introduced
Business & Finance
Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that the Company met with the author of a new bill to legalize recreational cannabis on the day the legislation was introduced to Congress. Flora’s Chairman and CEO Luis
Will hemp take over the plant-based food market?
Business & Finance
  Meat alternatives are on the rise globally. Could hemp take the lead as cannabis reform drives agricultural production? Meat consumption is rising globally (starting with the U.S.). The American market alone is worth about $270 billion annually, out of a market worth about $1.5 Trillion dollars globally. Unfortunately this is also a vertical whic
Ghost Drops launches legacy players into legal market, establishes elite cannabis brand platform
Business & Finance
Ghost Drops, Canada's Most Notorious Cannabis Brand, announces "The League" – a new brand platform created to propel the best brands from the legacy realm into the legal market. Legends. Icons. Innovators. This is The League. Designed to elevate more trailblazing cannabis names from the shadows into the spotlight, The League is another example of G

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