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Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
Ohio regulators want 73 new medical marijuana dispensary licenses to address demand, more double current number
Business & Finance
Ohio medical marijuana regulators want to double the number of dispensary licenses in the state to satisfy patient demand, which has been much higher than anticipated since the program became operational. Currently, there are 58 dispensaries throughout Ohio. Ohio Board of Pharmacy staff are working on adding 73 new dispensary licenses, said Justin
Why marijuana stocks dropped on Thursday
Business & Finance
The House passed the MORE Act -- but marijuana is still far from legal. What happened Less than a week after the U.S. House of Representatives voted to legalize marijuana -- for only the second time ever in history -- enthusiasm for marijuana stocks is disappearing like smoke with both the door and windows open. Since the Marijuana Opportunity, Rei
Hot cannabis seeds to grow in 2022
Business & Finance
Three cultivation experts fill us in on what they are excited about as we enter the outdoor planting season. Original link
Cannabis sales grow in Israel
Business & Finance
The Lod-based company Panaxia reported increased revenues from the Israeli market for its sales of medical cannabis in 2021. The Israeli cannabis company Panaxia released its earnings for 2021 Tuesday.  Panaxia, which is based in the mixed Arab-Jewish city of Lod, said its net Israeli revenues increased 38% to $83.6 million, according to a press re
Delta-8 THC: A boon or bane for the cannabis industry?
Business & Finance
Op-ed: Paul Lewin explores how Delta-8 THC, a cannabinoid that is currently legal across the U.S., is impacting the legal market and the push for federal cannabis reform Delta-8 THC is a cannabinoid considered similar to delta-9 THC — the compound typically referred to as THC — as both produce psychoactive effects, but in actuality, delta-8 is only
New Mexico recreational pot sales surpass $3 million in opening weekend
Business & Finance
The cannabis business is booming in New Mexico, also known as the Land of Enchantment, with adult-use sales reaching $3,092,712 in the first weekend. Three days and millions of dollars later, the New Mexico adult-use cannabis industry is off to a roaring start. Local television station KOAT reports that, as of noon on Sunday, recreational pot sales
CBD is expensive: How the industry can re-think its pricing for consumers
Business & Finance
With lower prices, CBD can become a true alternative to Big Pharma, and cannabis can become a plant for the people. The last two years haven’t been great for the CBD industry. The pandemic cratered in-store sales of CBD. Meanwhile, by choosing not to regulate CBD, the FDA left it in a legal gray area, limiting where it can be sold. If you need evid
Investing in cannabis and its high, upside potential
Business & Finance
  Dan Ahrens specializes in portfolio management of highly regulated areas including cannabis and other vice-related investments. He is portfolio manager of the AdvisorShares Pure US Cannabis ETF (MSOS), the largest publicly traded cannabis fund. Dan is also the author of Investing in Cannabis: The Next Great Investment Opportunity. Russ Prince: Wh
Pandemic accelerated marijuana sales but slowed alcohol purchases
Business & Finance
Nevada’s alcohol tax collections dropped during the pandemic, though tax officials attributed that more to a lack of wholesale purchases from casinos or bars than from any surge in teetotalers.  Even with the COVID pandemic waning, state tax officials told legislators this month that Nevadans have made what appear to be some permanent shifts in how
4Front Ventures Corp. announces definitive agreement to acquire Island Cannabis Co.
Business & Finance
Acquisition combines premier California brand with 4Front's state-of-the-art Commerce, California manufacturing facility   4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced it has signed a definitive merger agreement on March 30, 2022 (t
The next phase of the Mile High marijuana industry: cannabis consumption
Business & Finance
  Since the implementation of recreational marijuana dispensaries after legalization, the industry has spread its roots in the Mile High City and is taking the next step. Last year, Denver overhauled its marijuana regulations to include licenses for delivery and hospitality. As a result, you can now have marijuana delivered to your home, and some b
Simple tips to ensure success as a cannabis business
Business & Finance
As the cannabis industry continues to grow, so does the competition. Businesses are popping up left and right, all vying for a piece of the pie. While this can be daunting, it doesn’t have to be. There are some simple things you can do to ensure success as a cannabis business. A few examples include selecting the right product, knowing your audienc
How much money will marijuana sales bring to New Mexico?
Business & Finance
In two short days, dispensaries across Las Cruces and Doña Ana County will make history as recreational marijuana sales start in New Mexico. The tax revenue from marijuana will certainly diversify New Mexico's economy but by how much? "We will be better positioned than other states to capture the market," said Kelly O'Donnell, a northern New Mexico
Black farmers see new opportunities in the budding industrial hemp industry
Business & Finance
There’s a glaring disparity issue in industrial hemp production — just 6% of producers are Black. A couple in Missouri hopes to create the state’s first Black-owned hemp processing site. Just northwest of Missouri’s Lake of the Ozarks, past Mennonites in horse drawn buggies, there’s a curvy road that leads to a forgotten piece of Missouri’s Black h
Cannabis company that DEA is allowing to grow for research purposes to list shares on Nasdaq
Business & Finance
Bright Green Corp. plans to trade on the Nasdaq in a direct listing of its shares Bright Green Corp., a Fort Lauderdale, Fla.-based company with conditional approval from the U.S. Drug Enforcement Administration (DEA) to produce federally legal cannabis, on Tuesday filed plans to directly list its shares for trading on the Nasdaq under the ticker s
The 14 best cannabis shops in Seattle
Business & Finance
For happy hours and medically certified budtenders, look no further than these dispensaries for weed in Seattle. It’s no secret that Seattle is a pothead’s paradise. Washington was one of the first states to legalize weed way back in 2012, and it’s now home to over 500 dispensaries statewide—meaning that, when it comes to bud, we are really and tru

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